Tag: emerging markets
Rwanda has signed a financing agreement with the USAID worth about $643.8 million to support Rwanda’s development efforts in the next five years. Moreover, Rwanda Convention Bureau announced the reopening of meetings and conferences. Edwin Ashimwe, Journalist with The New times joins CNBC Africa for more.
On the continent, there has been an increased awareness of the impact of cultural practices on educational achievement that has challenged the education systems. In Kenya, the government is investing in all forms of education; however, experts have noted that for the rise of automation and technological advancements to be effective, an updated skill set is required. Ayub Odida, Researcher at ACAL Consulting joins CNBC Africa for more.
Are Africa’s literary traditions on the wane? Or are we not notiving this generation’s breed of Wole Soyinka and Chinua Achebes? CNBC Africa’s Arnold Kwizera spoke to Comic Republic’s Jide Martin on the future of the industry.
The brewing industry has always attracted double digit growth due to the demand of beer, wine and other spirit drinks. The Covid-19 pandemic has however dealt a hard blow to the industry, with bars and pubs forced to close as part of the measures to curb the spread of the disease. Andrew Cowan, Group Managing Director and CEO, East African Breweries Limited joins CNBC Africa for more.
COVID-19 has had a significant economic impact across East Africa, from macro to consumer-level. Global shocks and local restrictions aimed at curbing the virus spread have severely impacted businesses across sectors but how can they bounce back? CNBC Africa’s Arnold Kwizera spoke to Mills Schenck, Managing Director and Partner at the BCG Nairobi for more.
The global talent network that helps companies build remote engineering teams, Andela, recently announced its move to go fully remote and expand its presence in all African countries. But what exactly are the pros and cons of the remote working model? Wambui Kinya, Vice President, Partner Engineering at Andela joins CNBC Africa for more.
Efforts by Kenyan government to fight bribery and corruption seem to have been of little avail since the crime has overtaken procurement-related fraud as the most common economic crime. Now the country has resorted to punish individuals who fail to report cases of bribery with a fine of Ksh5 million or a 10-year jail terms under a proposed law. Charles Kanjama, Advocate at the High Court of Kenya joins CNBC Africa for more.
It was announced this week that Rwanda has been confirmed as the newest host of the secretariat for the East Africa Tourism Platform. The body, which was established back in 2011, has received $250,000 as part of a two year partnership deal with Trademark East Africa to support its operations. So as the struggling tourism industry gears up for a comeback, what’s the next move? CNBC Africa spoke to the DG of the Rwanda Tourism Chamber, Frank Gisha Mugisha for more.