The African Development Bank (AfDB) Group predicted Kenya's 2020 GDP to grow at 6 per cent this year, boosted by favourable weather conditions and big-ticket investments around the Big 4 agenda on health, housing, manufacturing and agriculture. Also, Kenya’s private sector activity fell for the first time in nine months to January, largely due to weak consumer demand, pointing to poor cash flow in the country. Rodney Omukhulu, Assistant Investments Analyst at Cytonn joins CNBC Africa for more.
TCNBC Africa’s Godfrey Mutizwa caught up with Patrick Kulati, CEO of Habitat for Humanity South Africa to hear what they are contributing towards the memorable day.
The City of Ekurhuleni is hosting an event in honour of 10th anniversary of the Mandela Day. CNBC Africa spoke to Sello Hatang, Chief Executive of the Nelson Mandela Foundation about Mandela's legacy and the work of the foundation towards eradication of poverty and equality.
The City of Ekurhuleni is hosting an event in honour of 10th anniversary of the Mandela Day. CNBC Africa spoke to Lebogang Maile, Gauteng's MEC of human settlements, planning and Cooperative Governance and Traditional Affairs. He emphasised the importance of housing backed by private sector collaboration. Maile spoke on plans for the department in the next 5 years.
The cost of housing in Rwanda remains unaffordable to many an issue attributed to the high cost associated with construction. This is the reason behind a revision of construction conditions which the government is undertaking.
The cost of housing in Africa’s cities is largely unbearable to residents with figures from the UN indicating that over 55 per cent of African households spend their income on housing. How can the issue of affordability be addressed? Joining CNBC Africa for more is Maimunah Mohd Sharif, Executive Director at UN Habitat.
EchoStone has signed an agreement with the Lagos State government to build 2,500 affordable housing units within Lagos State. Anders Lindquist, Founder and President, Business Development at Echostone joins CNBC Africa to discuss the progress made so far.
The Lagos State Commissioner for Housing Gbolahan Lawal says the housing challenge in the country would be difficult to surmount without technology and partnership between governments and the private sector. He discussed this and more with CNBC Africa's Christy Cole.
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