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<p>The US Trade Department has started negotiations on a comprehensive trade agreement with Kenya in a move that will extend Kenya’s preferential access as the current trade arrangement under the Africa Growth and Opportunity Act (AGOA) closes in 5 years. If successful, the United States would forge its first bilateral trade accord with a sub-Saharan African country. Grant Harris CEO, Harris Partners LLC joins CNBC Africa for more.</p>


Kenya

Kenya, US start talks on trade agreement

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<p>The Nigerian Electricity Regulatory Commission says there will be no tariff action in April, as the proposed increase in electricity tariffs initially slated for today has been delayed for three months.  Nigeria&#8217;s electricity regulator also notes that tariffs will only be raised as the Distribution Companies improve the quality of supply, meter customers and agree with consumers on rates. George Etomi, Director of the Eko Electricity Distribution Company joins CNBC Africa for more.</p>


COVID-19: Nigeria delays electricity tariff hike for 3 months

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<p>Saudi Arabia&#8217;s ministry of energy says its crude output topped 12 million barrels for the first time in history on Wednesday, a day after the output cut agreement by OPEC and its allies elapsed. Oil prices shed nearly 70 per cent in the first quarter of the year and uncertainties around the coronavirus pandemic is still weighing on prices. Joining CNBC Africa to discuss how the global oil dynamics impacts Nigeria, Oyeyemi Oke, an Oil &#038; Gas Lawyer and a Partner at A02 Law.</p>


How COVID-19

How COVID-19, oil price war impacts Nigeria

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<p>CNBC Africa is joined by two professionals Ashton Muller, Co-Founder and Team Manager of Goliath Gaming and Sam Wright, Founder and editor of the Tech Girl blog to talk about Esports &#8211; an industry that has been around for many years, with many people forging careers and massive success from the industry.</p>


The rise of Esports during the COVID-19 lockdown

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<p>Since panic buying reigned on South Africa amid the national lockdown, the Competition Commission has received more than 500 complaints against retailers and suppliers that have excessively hiked up the prices of essential items. Joining CNBC Africa to unpack more is Hardin Ratshisusu, Deputy Commissioner of the Competition Commission.</p>


Are SA retailers & suppliers hiking prices amid COVID-19 crisis?

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<p>Data has revealed that more than 6.6 million people in the United States filed for unemployment benefits last week; this comes on the back of the country having the highest confirmed cases of Covid-19 in the world and is experiencing devastating economic repercussions from the virus outbreak. Joining CNBC Africa to unpack it all is Ryan Patel, Global Business Executive and Senior Fellow at Drucker School of Management.</p>


Record 6.6 million Americans file for unemployment benefits as COVID-19 crisis deepens

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<p>Three of South Africa’s major banks have revealed to CNBC Africa how small businesses can apply for funding from the South Africa Future Trust. This is what they had to say.</p>


SA’s banks reveal how small businesses can apply for the R1bn Oppenheimer fund

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<p>In Kenya, Foreign investors withdrew about $106 million from the Nairobi Securities Exchange in February and March, leading to a sharp fall in the value of blue chip stocks like Safaricom and Equity Bank Group. Also, Moody&#8217;s has warned that measures put in place to shield Kenya’s banks from disruptions associated with the coronavirus outbreak, might not hold should the situation worsen. Rodney Omukhulu, Assistant Investments Analyst at Cytonn joins CNBC Africa for more.</p>


Tracking movements shaping the Kenyan market space amid COVID-19 crisis

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<p>A group of young Cameroonians has taken the COVID-19, bull by its horns. Andrew Tangang and his organisation decided to be at the forefront of the fight against the coronavirus by trying to develop solutions so as to protect their community.</p>


Here’s how young Cameroonians are banding together to fight COVID-19

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<p>On Tuesday of this week Uganda began their total lockdown for an initial period of 14 days, Analyst and Chief Strategist at Impact Communication Strategies, Ken Agutamba joins CNBC Africa for what the immediate impact of these measures have been on the lives and economy of the country.</p>


How the COVID-19 lockdown is impacting Uganda’s economy

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<p>As South Africa is currently in a national lockdown due to the Covid-19 outbreak one of the many issues that businesses face is the decrease in customers and supply disruptions; one such company facing the wrath of the lockdown is a coffee shop called Bean There, the owner Jonathan Robinson is now looking at big South Africa retailers such as Pick ‘n Pay, Spar &#038; Takealot to keep afloat. Jonathan joins CNBC Africa for more.</p>


SA coffee shop feels the wrath of the COVID-19 lockdown

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<p>Africa&#8217;s largest telecoms company says it&#8217;s monitoring the impact of Covid-19 lockdowns in its key markets, which include South Africa and Nigeria. It’s also grappling with the crash in the oil price which has soured investor sentiment towards the stock. MTN CFO, Ralph Mupita joins CNBC Africa for more.</p>


MTN bosses donate portion of salaries towards COVID-19 relief package for staff

MTN sticks to dividend but warns capex may be lower due to COVID-19  concerns

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<p>Ethiopia has been coordinating the distribution of Jack Ma`s gift of essential supplies across the continent. The country is also looking to tap into the capability of traditional medicines to tackle COVID-19. Mikael Arage, Technology and Politico-economical Analyst joins CNBC Africa for more.</p>


Ethiopia using traditional medicine to fight COVID-19

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<p>International home sharing company, AirBnb has committed $250 million to hosts who lost income from to cancellations due the Covid-19 pandemic; now that Rwanda has just announced a 2 week extension on the national lockdown, what will the local hospitality sector do to cope with the halted activity? And how will it recover from bookings lost for months to come? Nsengiyumva Barakabuye, Chairman of the Rwanda Hospitality Association joins CNBC Africa for more.</p>


How will Rwanda’s hospitality sector recover from the COVID-19 lockdown?

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<p>Fitch Ratings say the credit profiles of Nigerian banks faces severe risks from the slump in oil prices and a disruption in the operating environment due to the coronavirus pandemic. Fitch noted that the weighted -average cost of risk for Nigerian banks its rates rose by 200 basis points during the 2015 oil price shocking they do not rule out a similar increase this year. Mahin Dissanayake, Senior Director at Fitch Ratings joins joins CNBC Africa for more.</p>


Fitch: Nigerian banks at severe risk from oil price slump & COVID-19

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<p>Its day one of the lockdown for residents of Lagos, Abuja and Ogun states since the restriction of movement announced by President Buhari. The Central Bank of Nigeria has urged residents of these states to limit the use of cash and patronise alternative payment channels. Babs Ogundeyi, Co-Founder and CEO of Kuda, a mobile-only bank joins CNBC Africa for more.</p>


Nigeria COVID-19 lockdown: CBN calls for use of alternative payment channels

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<p>The contribution of Nigeria&#8217;s private sector coalition against COVID-19 hit 15.3 billion naira. The coalition which was set up by the Central bank of Nigeria seeks to raise funds to support the fight against the coronavirus pandemic. Meanwhile, Nigeria marked a record high of confirmed cases on Tuesday as the NCDC confirmed 35 new cases bringing the total 174. Sam Chidoka, Managing Director and CEO of Kairos Capital joins CNBC Africa to assess Nigeria’s efforts to curtail the impact of the COVID-19 pandemic.</p>


executive

Kenya, US start talks on trade agreement

COVID-19: Nigeria delays electricity tariff hike for 3 months

How COVID-19, oil price war impacts Nigeria

The rise of Esports during the COVID-19 lockdown

Are SA retailers & suppliers hiking prices amid COVID-19 crisis?

Record 6.6 million Americans file for unemployment benefits as COVID-19 crisis deepens

SA’s banks reveal how small businesses can apply for the R1bn Oppenheimer fund

Tracking movements shaping the Kenyan market space amid COVID-19 crisis

Here’s how young Cameroonians are banding together to fight COVID-19

How the COVID-19 lockdown is impacting Uganda’s economy

SA coffee shop feels the wrath of the COVID-19 lockdown

MTN sticks to dividend but warns capex may be lower due to COVID-19 concerns

Ethiopia using traditional medicine to fight COVID-19

How will Rwanda’s hospitality sector recover from the COVID-19 lockdown?

Fitch: Nigerian banks at severe risk from oil price slump & COVID-19

Nigeria COVID-19 lockdown: CBN calls for use of alternative payment channels

Nigeria’s private sector coalition raises N15.3bn to fight COVID-19

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Advertise With Us

executive

Kenya, US start talks on trade agreement

COVID-19: Nigeria delays electricity tariff hike for 3 months

How COVID-19, oil price war impacts Nigeria

The rise of Esports during the COVID-19 lockdown

Are SA retailers & suppliers hiking prices amid COVID-19 crisis?

Record 6.6 million Americans file for unemployment benefits as COVID-19 crisis deepens

SA’s banks reveal how small businesses can apply for the R1bn Oppenheimer fund

Tracking movements shaping the Kenyan market space amid COVID-19 crisis

Here’s how young Cameroonians are banding together to fight COVID-19

How the COVID-19 lockdown is impacting Uganda’s economy

SA coffee shop feels the wrath of the COVID-19 lockdown

MTN sticks to dividend but warns capex may be lower due to COVID-19 concerns

Ethiopia using traditional medicine to fight COVID-19

How will Rwanda’s hospitality sector recover from the COVID-19 lockdown?

Fitch: Nigerian banks at severe risk from oil price slump & COVID-19

Nigeria COVID-19 lockdown: CBN calls for use of alternative payment channels

Nigeria’s private sector coalition raises N15.3bn to fight COVID-19

News Tips

Advertise With Us

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