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<p>Google and the International Finance Corporation estimate that Africa’s internet economy has the potential to reach 5.2per cent of the continent’s GDP by 2025. This would contribute nearly $180 billion to the economy. Driving this growth is a combination of factors; including a vibrant start-up ecosystem, and Africa’s commitment to creating the Africa Continental Free Trade Area. Joining CNBC Africa to unpack the latest report from Google &#038; the IFC is Nitin Gajria, Director at Google Africa.</p>


Africa’s internet economy projected to grow to $180bn by 2025

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<p>The South African political landscape has been riddled with corruption for years, with the actions of officials in the spotlight in 2020. We have seen promises that President Cyril Ramaphosa made in his campaign coming to fruition, with government officials and businesspeople being charged for corruption. The latest being ANC Secretary-General Ace Magashule, who will appear in court tomorrow. Is Ramaphosa playing the right chess pieces? Daniel Silke, Director at Political Futures Consultancy joins CNBC Africa for more.</p>


What Ace Magashule’s arrest means for ANC’s factional battles

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<p>Growthpoint Properties this morning announced that it successfully closed its sizeable R4.3 billion equity raise, which opened yesterday afternoon. The placement was 2.74 times oversubscribed. The company initially sought to raise R4billion, which it increased in response to the strong demand for new Growthpoint shares. Growthpoint SA CEO, Estienne de Klerk joins CNBC Africa for more.</p>


Growthpoint raises R4.2bn equity capital through placement

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<p>The World Bank says the amount of money migrant workers are able to send home is expected to decline by 14 per cent in 2021. According to the bank, the foremost factors driving the decline in remittances include weak economic growth and employment levels in migrant-hosting countries, weak oil prices; and depreciation of the currencies of remittance-source countries against the US dollar. Michael Kent, Founder of Azimo joins CNBC Africa for more.</p>


How COVID-19 is changing global remittance flows

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<p>Globally, there has been an increasing threat of climate change to agriculture sector. Mucyo Papias, Land Husbandry and Irrigation Technology Transfer Specialist at Rwanda Agricultural Board joins CNBC Africa on how solar powered irrigation can be leveraged to build more resilient food systems in Rwanda.</p>


This is how green innovation can help build resilient food systems in Rwanda

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<p>Tanzanian President John Magufuli won a second term, with a landslide victory of more than 84 per cent of the vote in this year’s election. However, Magufuli’s main challenger, Tundu Lissu, of the Party for Democracy and Progress said that the election was full of fraud, and he called on the international community not to accept the results. Dr. Richard Mbunda, Lecturer, Department of Political Science and Public Administration at the University of Dar es Salaam joins CNBC Africa for more.</p>


What John Magufuli’s re-election means for Tanzania

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<p>This weekend will see the first El Clasico of the Covid-19 era. With the opening up of the country, this means the return of public viewing in South Africa, and specifically in Johannesburg. 2020 has been a difficult year, not just for football but for the world in general, and this month’s El Clasico will be a unique game in unique circumstances. Marcos Pelegrin, Managing Director of LaLiga South Africa joins CNBC Africa for more.</p>


Football fans await first El Clásico of the COVID-19 era

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<p>In Ethiopia, the government announced suspension of the planned partial privatization of national carrier Ethiopian Airlines.</p>


Ethiopia suspends plan to privatise national carrier

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<p>The Joint Ministerial Monitoring Committee of oil producer club, OPEC will meet virtually today to assess the state of the market. But expert say they do not expect any major decision on crude supply until the two-day meeting scheduled for the 1st of December. Uchenna Minnis, Managing Partner at BluFX Nigeria joins CNBC Africa for more.</p>


OPEC+ meets as demand concerns weigh oil markets

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<p>Many crops in Africa are infected by diseases which undermine production and affect livelihoods of farmers. Take Banana Xanthomonas Wilt, a disease that affects banana, one of the major staple crops in Rwanda and the region. Marc Schut, Country Representative for Rwanda at the International Institute of Tropical Agriculture discusses how technology is being leveraged to fight this and other crop diseases.</p>


IITA on how to leverage tech to fight crop diseases

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<p>In Uganda, the country shared plans to re-open schools. Furthermore, $3.2 million is estimated to have been stolen in the latest hack incident that compromised Uganda’s mobile money network. Analyst, Charles Bwogi joins CNBC Africa for more.</p>


COVID-19 lock-down: Uganda prepares to reopen schools

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<p>Small and medium enterprises account for 80 per cent of the African economy but remain less competitive due in part to lack of a platform which accommodates digital cross-border payments by SMEs. To address this, COMESA Business Council has been making consultations with stakeholders on the establishment of a regional digital common payments policy which would inform the proposed digital integrated retail payment scheme for SMEs. Sandra Uwera, CEO, COMESA Business Council joins CNBC Africa for more.</p>


COMESA to develop a regional digital common payment scheme for small businesses

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<p>Concerned at the inefficiencies that the COVID-19 pandemic has exposed in Ethiopia, Prime Minister Abiy Ahmed has announced that the country is increasing its health budget by 46 per cent to respond. Economic Analyst, Samuel Getachew joins CNBC Africa for more.</p>


Ethiopia increases health budget by 46% in response to COVID-19

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<p>KCB takes overs deposits from Imperial bank; UK-based Tesco suspends avocado supply from Kakuzi Kenya and the World Bank Group debars Techno Brain Kenya ltd; these are the stories making headlines in Kenya.</p>


UK’s Tesco suspends avocado supply from Kenyan farm over abuse claims

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<p>A new study has shown that advertising expenditure in Kenya has dropped by $202 million in the first half of 2020 due to the COVID-19 pandemic. So what strategy should the media employ to hold out and why is it important for businesses to invest in advertising as they undertake recovery? Enock Mokaya, Head of Business Development at Reelanalytics joins CNBC Africa for more.</p>


Here’s how COVID-19 has impacted ad spend in Kenya

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<p>The 2020 Finscope Survey on Financial Inclusion published by the Access to Finance Rwanda found that savings are a leading driver of financial inclusion in Rwanda.</p>


I&M Bank

I&M Bank, SPENN launch new savings product

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<p>This week we touched base with the Rwandan Minister of Education about the process of students returning to classrooms in the country; now it’s been revealed that Kenya is embarking on a similar journey of phased school reopening. UNICEF has praised Kenya in this decision; as the move, they say, is a step forward in keeping children away from child labour and early marriage, Eugene Anangwe, CEO, Look-UP TV Kenya joins CNBC Africa for more.</p>


covid-19 pandemic

Africa’s internet economy projected to grow to $180bn by 2025

What Ace Magashule’s arrest means for ANC’s factional battles

Growthpoint raises R4.2bn equity capital through placement

How COVID-19 is changing global remittance flows

This is how green innovation can help build resilient food systems in Rwanda

What John Magufuli’s re-election means for Tanzania

Football fans await first El Clásico of the COVID-19 era

Ethiopia suspends plan to privatise national carrier

OPEC+ meets as demand concerns weigh oil markets

IITA on how to leverage tech to fight crop diseases

COVID-19 lock-down: Uganda prepares to reopen schools

COMESA to develop a regional digital common payment scheme for small businesses

Ethiopia increases health budget by 46% in response to COVID-19

UK’s Tesco suspends avocado supply from Kenyan farm over abuse claims

Here’s how COVID-19 has impacted ad spend in Kenya

I&M Bank, SPENN launch new savings product

COVID-19 lock-down: Kenya embarks on phased reopening of schools

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Advertise With Us

covid-19 pandemic

Africa’s internet economy projected to grow to $180bn by 2025

What Ace Magashule’s arrest means for ANC’s factional battles

Growthpoint raises R4.2bn equity capital through placement

How COVID-19 is changing global remittance flows

This is how green innovation can help build resilient food systems in Rwanda

What John Magufuli’s re-election means for Tanzania

Football fans await first El Clásico of the COVID-19 era

Ethiopia suspends plan to privatise national carrier

OPEC+ meets as demand concerns weigh oil markets

IITA on how to leverage tech to fight crop diseases

COVID-19 lock-down: Uganda prepares to reopen schools

COMESA to develop a regional digital common payment scheme for small businesses

Ethiopia increases health budget by 46% in response to COVID-19

UK’s Tesco suspends avocado supply from Kenyan farm over abuse claims

Here’s how COVID-19 has impacted ad spend in Kenya

I&M Bank, SPENN launch new savings product

COVID-19 lock-down: Kenya embarks on phased reopening of schools

News Tips

Advertise With Us

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