Tag: Kayode Akindele
Experts have described the deal between Paystack and U.S firm Stripe as one of the largest Mergers and Acquisition deal in Nigeria’s fintech industry one which they say shows that the industry is moving in the right direction. Joining CNBC Africa’s Kenneth Igbomor for a conversation on the future of Nigeria’s Fintech space are; Collins Onuegbu, Executive Vice Chairman of Signal Alliance and Kayode Akindele, Partner at TIA Capital.
An ‘agonising milestone’, that was how the United Nation’s Secretary-General, Antonio Guterres described the over one million global COVID-19 death toll. While concerns over the rate of rising new cases linger, Pharmaceutical powerhouses, Sanofi and GlaxoSmithKline have jointly announced the commencement of phase II clinical trial for an adjuvant COVID-19 vaccine. Kayode Akindele, Partner at TIA Capital joins CNBC Africa for more.
The Global Center on Adaptation works with both the public and private sector as a broker to speed up action and support adaptation solutions in a bid to build a more climate-resilient future for the world. Patrick Verkooijen the CEO and Chair of the Executive Board of the Global Center on Adaptation joins CNBC Africa’s Christy Cole and Kayode Akindele, Partner at TIA Capital to discuss their plans for Africa as they launch their regional office in Africa.
The Nigerian government says its 2021 expenditure is estimated at 12.65 trillion naira while its projected aggregate revenue available is 7.49 trillion naira for the same fiscal year.
South African retail giant, Shoprite, says it is considering divesting its Nigerian portfolio following an approach by potential investors. The announcement was welcomed by some investors, which saw Shoprite’s shares rise by 11.4 per cent, the highest in nearly two months. Kayode Akindele, Partner at TIA Capital joins CNBC Africa for more.
Nigeria’s President Muhammadu Buhari has approved the establishment of the Nigeria Youth Investment Fund with a total sum of about of 75 billion naira for three years. According to the Minister of Youth and Sports Development, Sunday Dare, the establishment of the fund provides pathways for Nigerian youths to access credit, grants and needed funds for entrepreneurship. Kayode Akindele, Partner at TIA Capital joins CNBC Africa for more.
The African Development Bank says an additional 49 million Africans could be pushed into extreme poverty by the Covid-19 pandemic and its aftermath. This was in the updated forecast of the Africa Economic Outlook, where they expect Central Africa and West Africa to be the hardest-hit regions. Kayode Akindele, Partner at TIA Capital joins CNBC Africa for more.
President Muhammadu Buhari has directed the Presidential Task Force on COVID-19 to procure and validate Madagascar’s touted herbal cure for coronavirus as the number of cases in Nigeria reaches 4,641. Kayode Akindele, Partner at TIA Capital joins CNBC Africa for more.