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<p>In January 2021, China and other rich countries under the Debt Service Suspension Initiative gave Kenya a six-month debt repayments relief. Now, Kenya is seeking deals to suspend debt service covering the six months to the end of December. Reports coming in reveal that China has frozen disbursements of active loans to Kenyan projects in the wake of differences over Nairobi’s bid to extend debt repayment holiday to December. Ken Gichinga, Chief Economist at Mentoria Economics joins CNBC Africa  for more.</p>


China halts Kenya loans amid debt reprieve bid

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<p>It’s been one hundred days since Samia Saluhu Hassan took over as Tanzania’s president. She took power on March 19 this year after the death of President John Pombe Joseph Magufuli who passed away on March 17 due to heart complications. Raphael Maganga, an Economic Analyst  joins CNBC Africa to review her first 100 Days in office.</p>


Reviewing the first 100 days of Samia Saluhu Hassan’s presidency

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<p>The latest market report by TransUnion highlights that the appetite for credit dropped in quarter one this year. There was a 77.3 per cent decline in loan disbursements, and a 19.72 per cent drop in the number of new accounts reported compared to the quarter before that. Emile Kinuma, Country Director at TransUnion Rwanda spoke to CNBC Africa’s Julius Bizimungu for more.</p>


Rwanda’s lending sector sees reduced appetite for credit in first quarter

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<p>Since the beginning of May 2021, new cases of Covid-19 have been rising in many parts of the continent.</p>


Africa sees spike in COVID-19 infections & death

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<p>Over the weekend, Rwanda&#8217;s President Paul Kagame and the President of the Democratic Republic of Congo Félix Tshisekedi signed three bilateral agreements namely; bilateral investment treaty, a double taxation avoidance agreement, as well as an MoU on a mining concession. Moreover, DRC’s vision to be integrated into the East African Community took another step forward after the bloc launched a verification mission to the central African country. Economic Analyst, Ted Kaberuka oins CNBC Africa for more.</p>


EAC: Why there is renewed interest in DRC

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<p>In their first quarter results, Sidian Bank made a consolidated net profit of $1.05 million as at 31 March 2021 compared to a net loss of slightly above $60,000 as at 31 March 2020. How did they navigate the setbacks arising from the COVID-19 pandemic that affected most businesses last year? James Munene Muigai, Director of Information Technology and Operations at Sidian Bank joins CNBC Africa for more.</p>


Sidian Bank delivers strong performance in Q1

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<p>In recent years a new wave of talent across the continent and the diaspora has helped to bring African music to the world stage.</p>


J900

Cloud9 Entertainment Founder sees great potential in East Africa’s music industry

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<p>According to Ethiopia&#8217;s electoral board, more than 37 million of Ethiopia’s 110-plus million people were registered to vote, choosing from 46 parties and more than 9,000 candidates.  The vote is seen as a crucial test for the prime minister, whose rise to power in 2018 initially seemed to signal a break with decades of authoritarian rule, but since, there has been a rise in conflict in the Tigray region.  Economic Analyst,Samuel Getachew joins CNBC Africa for more.</p>


Ethiopia elections 2021: Democratic rebirth?

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<p>According to Global Voice Group, Africa loses almost $10 billion a year, due only to illicit activities born of technological variants such as mobile phones or the Internet. Ironically, technology is also the most powerful medicine to heal the African economy. How do we find the balance? James Claude, CEO, Global Voice Group joins CNBC Africa for more.</p>


GVG CEO: How Africa can leverage digital technology to combat illicit financial flows

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<p>South Sudan has launched its first ever licensing round as the landlocked East African nation seeks to get its staple oil sector back on track after years of insecurity following its split from Sudan in 2011.  Economic Analyst, Akol Dok joins CNBC Africa for more.</p>


South Sudan looks to lure investors with first oil licensing round

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<p>The National Bank of Rwanda has said that it is studying the use of central bank digital currencies with plans to issue its own electronic currency. What is not known is whether this is a decision that will materialize anytime soon. Norbert Haguma, Chairman of Rwanda Blockchain Association joins CNBC Africa for more.</p>


National Bank of Rwanda researching use of digital currency

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<p>A few days ago, a group of nuclear experts completed a mission to Kenya to assess the country’s readiness to transition towards the use of nuclear energy. Collins Juma, Chief Executive Officer at Kenya Nuclear Power &#038; Energy Agency  joins CNBC Africa for more.</p>


Is Kenya ready to produce nuclear energy?

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<p>Africa’s existing vaccine market, estimated at $1.3 billion, is expected to reach a value of up to $2.35 billion by 2030, supported by population growth, expanded vaccination and new products being required. Nonetheless, the African Vaccine Manufacturing Initiative estimates that the continent can currently produce less than one per cent of its vaccine needs. JP Fabri, Founding Partner, Seed Consultancy joins CNBC Africa for more.</p>


Understanding the economics of COVID-19 vaccination in Africa

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<p>Analysts are projecting that a five-year treasury bond to be oversubscribed but with no significant change in yield rate. Raphael Masumbuko, CEO of Zan Securities joins CNBC Africa for more.</p>


Tanzania: Analysts forecast over-subscription of 5-year bond

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<p>Rwanda’s economy grew by 3.5 per cent in the first quarter of 2021, a huge rebound from the fourth quarter last year when the country’s economy had contracted by 0.6 per cent. Is this a sign of economic recovery? Jean Claude Mwizerwa, Director of Economic Statistics at the National Institute of Statistics of Rwanda joins CNBC Africa for more.</p>


Rwanda’s economy grew by 3.5% in first quarter of 2021

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<p>The Bank of Uganda this week officially unveiled a regulatory sandbox to help financial technology companies develop new products and services. The country’s financial sector regulator said it will provide oversight to enable startups to create financial solutions in a controlled environment. Silver Kayondo, Technology Lawyer, joins CNBC Africa for more.</p>


Uganda’s Central Bank unveils first regulatory sandbox to boost fintech innovation

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<p>Having opened her high commission in Ghana just before the covid-19 pandemic, Rwanda is looking at tapping into the west African nation&#8217;s growth in fields like tourism, investment and the education sector. CNBC Africa&#8217;s Fiona Muthoni had a conversation with Rwanda&#8217;s Ambassador to Ghana, Dr. Aisa Kirabo Kacyira on the plans to deepen collaboration between the two countries.</p>


covid-19 recovery

China halts Kenya loans amid debt reprieve bid

Reviewing the first 100 days of Samia Saluhu Hassan’s presidency

Rwanda’s lending sector sees reduced appetite for credit in first quarter

Africa sees spike in COVID-19 infections & death

EAC: Why there is renewed interest in DRC

Sidian Bank delivers strong performance in Q1

Cloud9 Entertainment Founder sees great potential in East Africa’s music industry

Ethiopia elections 2021: Democratic rebirth?

GVG CEO: How Africa can leverage digital technology to combat illicit financial flows

South Sudan looks to lure investors with first oil licensing round

National Bank of Rwanda researching use of digital currency

Is Kenya ready to produce nuclear energy?

Understanding the economics of COVID-19 vaccination in Africa

Tanzania: Analysts forecast over-subscription of 5-year bond

Rwanda’s economy grew by 3.5% in first quarter of 2021

Uganda’s Central Bank unveils first regulatory sandbox to boost fintech innovation

Rwanda-Ghana partnership: What’s in it for Kigali?

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covid-19 recovery

China halts Kenya loans amid debt reprieve bid

Reviewing the first 100 days of Samia Saluhu Hassan’s presidency

Rwanda’s lending sector sees reduced appetite for credit in first quarter

Africa sees spike in COVID-19 infections & death

EAC: Why there is renewed interest in DRC

Sidian Bank delivers strong performance in Q1

Cloud9 Entertainment Founder sees great potential in East Africa’s music industry

Ethiopia elections 2021: Democratic rebirth?

GVG CEO: How Africa can leverage digital technology to combat illicit financial flows

South Sudan looks to lure investors with first oil licensing round

National Bank of Rwanda researching use of digital currency

Is Kenya ready to produce nuclear energy?

Understanding the economics of COVID-19 vaccination in Africa

Tanzania: Analysts forecast over-subscription of 5-year bond

Rwanda’s economy grew by 3.5% in first quarter of 2021

Uganda’s Central Bank unveils first regulatory sandbox to boost fintech innovation

Rwanda-Ghana partnership: What’s in it for Kigali?

News Tips

Advertise With Us

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