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<p>The COVID-19 pandemic has impacted all sectors in the world. The entertainment and MICE sectors are among the most vulnerable ones since from the consumption to the production of the output, large groups of people are required to be gathered together at certain place. CNBC Africa spoke to different players in these sectors to understand the effects.</p>


How COVID-19 is affecting Rwanda’s entertainment sector

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<p>It is estimated that half of Kenya’s creative professionals have seen 80 per cent or more of their normal income disappear, as events were cancelled, creative spaces closed and tourism stopped. Anne Sophie Achera, Creative and Fashion Designer joins CNBC Africa on COVID-19 relief plans for the industry.</p>


This fund seeks to cushion Kenya’s creative industry from COVID-19 shocks

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<p>In Kenya, the ‘Big 4’ Agenda projects have been allocated Ksh128.3 billion in the 2020/21 National Budget, a massive drop from Ksh450.9 billion allocated in last year’s budget. Moreover, according to President Uhuru Kenyatta, Kenya has delayed talks on a trade deal with the United States until a pan-African trade bloc comes into force. Odhiambo Ramogi, Economic Analyst joins CNBC Africa for more.</p>


How COVID-19 has disrupted Kenya’s budget plans

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<p>The Mastercard Foundation has committed $2.3 million for the COVID-19 Recovery and Resilience Program to support Rwandan businesses to overcome COVID-19 negative impact. This will be distributed as direct relief grants through the Inkomoko Relief Fund to 3,500 SMEs, including 1,000 entrepreneurs within refugee communities. Julienne Oyler, CEO of African Entrepreneur Collective joins CNBC Africa for more.</p>


Mastercard Foundation commits $2.3mn to support Rwandan SMEs during COVID-19

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<p>Uganda’s Central Bank cut its benchmark lending rate by 100 basis points, taking it down to 7 per cent, to support the East African nation’s economy as it downgraded projected growth. According to the government, the pace of Uganda’s economic expansion is expected to decline by more than half in the financial year to June 30 to between 2.5-3.5 per cent. Oscar Emasu, Research Analyst at Crested Capital joins CNBC Africa for more.</p>


This is how COVID-19 is impacting Uganda’s growth outlook

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<p>Mzawadi unveiled a new incentive program with fully automated CashBack and Manufacturer&#8217;s coupons platform to help businesses track their clients across the globe.</p>


Here’s how digital coupons impact e-commerce businesses

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<p>Through the Intellectual Property Bill 2020, Kenya is set to review her intellectual property laws. The first major proposed change is to harmonise all the pieces of legislation into one known as the Intellectual Property Act. To better understand how this move is set to spur innovation, Elizabeth Lenjo, IP and Entertainment Law Expert joins CNBC Africa for more.</p>


Kenya set to review her intellectual property laws

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<p>In Uganda, the 3rd National Development Plan was tabled before Parliament in January 2020 by the Minister of State for Planning, a move that was supposed to inform the processing and approval of the budgets for the next five years starting with 2020/2021 financial year. Analyst, Charles Bwogi joins CNBC Africa for more.</p>


Unpacking Uganda’s 3rd National Development Plan

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<p>The government of Rwanda is reopening a 15 year government bond as it seeks to recover from the economic shocks of the COVID-19 pandemic. Rwanda Stock Exchange CEO, Celestin Rwabukumba joins CNBC Africa for more.</p>


COVID-19: RSE CEO on reopening the 15 year Rwanda govt. bond

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<p>On the 9th of June, the Rwanda Mines, Petroleum and Gas Board unveiled a set of strategies aimed at supporting mining companies to resume full operations and help the sector recover from the impact of the Covid-19 pandemic. Francis Gatare, CEO of the Rwanda Mines, Petroleum and Gas Board joins CNBC Africa for more.</p>


How Rwanda’s mining sector plans to dig itself out of the COVID-19 crisis

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<p>Kenya has set aside $1. 28 billion in this year’s budget for the big four agenda projects, a 70 per cent drop compared to last year’s budget. With only two years left, how is the ambitious plan likely to be achieved and how will COVID-19 affect its implementation? Ken Gichinga, Chief Economist at Mentoria Economics joins CNBC Africa for more.</p>


COVID-19: Is Kenya’s big 4 agenda achievable?

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<p>UK government-owned finance development institution CDC Group has signed a MoU with Rwanda Finance limited in a historical first that will see them a partner develop the Kigali International Financial Center. Rwanda Finance limited CEO, Nick Barigye joins CNBC Africa for more.</p>


UK’s CDC Group signs MoU with Rwanda Finance limited

UK’s CDC Group signs MoU with Rwanda Finance limited, to develop new financial center

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<p>The East African Community finance ministers have agreed on measures to protect and enhance the competitiveness of the regional manufacturing industry. This comes ahead of the conclusion of a comprehensive review of the Common External Tariff that has dragged on for more than three years. Economic Analyst, Ted Kaberuka joins CNBC Africa for more.</p>


COVID-19: East African Community unveils new measures to protect manufacturing industry

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<p>Sub-Saharan Africa has the highest number of child workers but could a new strategy of using cartoons to amplify the plight of children bring about change? Activist, Fernando Morales joins CNBC Africa for more.</p>


This initiative uses cartoons to address the scourge of child labour

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<p>With the passing of President Pierre Nkurunziza of Burundi last week, the country has been thrust into a leadership vacuum.</p>


What the passing of president Nkurunziza means for stability in Burundi

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<p>With countries having to cut down on spending as economies shrink, the choices made during this pandemic will be largely responsible for the recovery of their economies, so how do we choose between investment for today and tomorrow? CNBC Africa spoke to the State Minister of Finance of Ethiopia, Dr. Eyob Tekalign for more.</p>


COVID-19: Finmin Tekalign on finding the balance between investment for today & tomorrow

COVID-19: Ethiopia’s State Minister Tekalign on finding the balance between investment for today & tomorrow

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<p>Yesterday the International Monetary Fund released their latest Regional Economic Outlook Report for Sub Saharan Africa. CNBC Africa spoke to two of the economists who co-authored the chapter on digitalization on how connectivity impacts economic growth.</p>


emerging markets

How COVID-19 is affecting Rwanda’s entertainment sector

This fund seeks to cushion Kenya’s creative industry from COVID-19 shocks

How COVID-19 has disrupted Kenya’s budget plans

Mastercard Foundation commits $2.3mn to support Rwandan SMEs during COVID-19

This is how COVID-19 is impacting Uganda’s growth outlook

Here’s how digital coupons impact e-commerce businesses

Kenya set to review her intellectual property laws

Unpacking Uganda’s 3rd National Development Plan

COVID-19: RSE CEO on reopening the 15 year Rwanda govt. bond

How Rwanda’s mining sector plans to dig itself out of the COVID-19 crisis

COVID-19: Is Kenya’s big 4 agenda achievable?

UK’s CDC Group signs MoU with Rwanda Finance limited, to develop new financial center

COVID-19: East African Community unveils new measures to protect manufacturing industry

This initiative uses cartoons to address the scourge of child labour

What the passing of president Nkurunziza means for stability in Burundi

COVID-19: Ethiopia’s State Minister Tekalign on finding the balance between investment for today & tomorrow

IMF on how digitalization impacts economic growth in SSA

News Tips

Advertise With Us

emerging markets

How COVID-19 is affecting Rwanda’s entertainment sector

This fund seeks to cushion Kenya’s creative industry from COVID-19 shocks

How COVID-19 has disrupted Kenya’s budget plans

Mastercard Foundation commits $2.3mn to support Rwandan SMEs during COVID-19

This is how COVID-19 is impacting Uganda’s growth outlook

Here’s how digital coupons impact e-commerce businesses

Kenya set to review her intellectual property laws

Unpacking Uganda’s 3rd National Development Plan

COVID-19: RSE CEO on reopening the 15 year Rwanda govt. bond

How Rwanda’s mining sector plans to dig itself out of the COVID-19 crisis

COVID-19: Is Kenya’s big 4 agenda achievable?

UK’s CDC Group signs MoU with Rwanda Finance limited, to develop new financial center

COVID-19: East African Community unveils new measures to protect manufacturing industry

This initiative uses cartoons to address the scourge of child labour

What the passing of president Nkurunziza means for stability in Burundi

COVID-19: Ethiopia’s State Minister Tekalign on finding the balance between investment for today & tomorrow

IMF on how digitalization impacts economic growth in SSA

News Tips

Advertise With Us

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