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<p>CNBC Africa spoke with the CEO Rwanda Stock Exchange, Celestin Rwabukumba for more</p>


RSE CEO: Investors are seeking safe haven in Rwanda’s bond market

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<p>According to the World Investment Report 2021 by the United Nations Conference on Trade and Development, the COVID-19 pandemic had a significant impact on foreign direct investment in Africa as flows to the continent declined by 16 per cent in 2020 to $40 billion, from $47 billion in 2019. CNBC Africa spoke to UNCTAD&#8217;s Director for Investments and Enterprise, James Zhan, for more.</p>


UNCTAD: COVID-19 slashed FDI flow in Africa by 16%

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<p>Last week, Sudan received approval from the International Monetary Fund for relief on more than $56 billion in debt and new IMF funding of $2.5 billion over three years. The IMF accepted the country into the Highly Indebted Poor Countries initiative based on the country&#8217;s commitment to macroeconomic reforms. Economic Analyst, Buthiana Emam joins CNBC Africa for more.</p>


Sudan: IMF approves debt relief of more than $56bn

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<p>10 companies on the Nairobi Securities Exchange accounted for almost 95 per cent of the total turnover for the month of June, for more on the NSE performance CNBC Africa with the Founder of Mwango Capital, Erick Mokaya.</p>


NSE June trading review

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<p>Ethiopia’s Prime Minister Abiy Ahmed yesterday presented the country’s economic outlook to the parliament during which he said the economy is expected to grow by 9 per cent in 2021. However, the Premier said inflation remains a key concern. Inflation rose from 19.8 per cent in May to 24.5 per cent in June this year. Zemedeneh Negatu, Global Chairman at Fairfax joins CNBC Africa for more.</p>


Ethiopia: Rising inflation remains key concern

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<p>Hundreds of protesters took to the streets in Sudan’s capital Khartoum to demand the government’s resignation over the International Monetary Fund-backed economic reforms. The protests erupted a day after the IMF approved a $2.5 billion loan and debt relief deal that will see Sudan’s external debt reduced by about $50 billion. Activist Hajooj Kuka  joins CNBC Africa for more.</p>


IMF-backed economic reforms spark protests in Sudan

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<p>Zipline, the drone delivery service has hit the recapitalisation market raising more than $250 million in the process, but what for and why now? Israel Bimpe, Director for Africa at Zipline, Israel Bimpe joins CNBC Africa for more.</p>


Drone delivery service Zipline raises $250mn to fund expansion

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<p>Fitch Ratings has affirmed Uganda&#8217;s Long-Term Foreign-Currency Issuer Default Rating (IDR) at &#8216;B+&#8217; with a Negative Outlook. The rating agency attributes the status to Uganda’s solid medium-term growth outlook, while the negative outlook reflects downside risks to public finances. Krisjanis Krustins, Director at Fitch Ratings joins CNBC Africa for more.</p>


FItch affirms Uganda at B+ with negative outlook

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<p>In January 2021, China and other rich countries under the Debt Service Suspension Initiative gave Kenya a six-month debt repayments relief. Now, Kenya is seeking deals to suspend debt service covering the six months to the end of December. Reports coming in reveal that China has frozen disbursements of active loans to Kenyan projects in the wake of differences over Nairobi’s bid to extend debt repayment holiday to December. Ken Gichinga, Chief Economist at Mentoria Economics joins CNBC Africa  for more.</p>


China halts Kenya loans amid debt reprieve bid

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<p>It has been a stop start feel to the relaunch of Uganda&#8217;s national carrier, Uganda Airlines with the flyer littered in controversy over the past months.</p>


Transport Minister Wamala outlines the path to profitability for Uganda Airlines

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<p>A new mobile technology is enabling faster responses to health emergencies and protecting and empowering front-line workers by transforming the way they are compensated a simple, but somewhat unexpected solution. This tech was piloted by the polio eradication program in several African countries and is now being used to support the COVID-19 response, CNBC Africa spoke with the Finance Officer of the World Health Organization, Ahmed Hamani for more.</p>


How mobile money platforms can help reduce inefficiencies in Africa’s healthcare sector

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<p>It’s been one hundred days since Samia Saluhu Hassan took over as Tanzania’s president. She took power on March 19 this year after the death of President John Pombe Joseph Magufuli who passed away on March 17 due to heart complications. Raphael Maganga, an Economic Analyst  joins CNBC Africa to review her first 100 Days in office.</p>


Reviewing the first 100 days of Samia Saluhu Hassan’s presidency

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<p>The latest market report by TransUnion highlights that the appetite for credit dropped in quarter one this year. There was a 77.3 per cent decline in loan disbursements, and a 19.72 per cent drop in the number of new accounts reported compared to the quarter before that. Emile Kinuma, Country Director at TransUnion Rwanda spoke to CNBC Africa’s Julius Bizimungu for more.</p>


Rwanda’s lending sector sees reduced appetite for credit in first quarter

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<p>Allan Kilavuka took the helms at Kenya Airways on the 1st of April with a target of turning around the struggling national carrier.</p>


Kenya Airways looks to bounce back from COVID-19 shocks

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<p>The Trade and Development Bank has issued a new 7 year unsecured $500 million bond, in its return to the capital markets. CNBC Africa spoke with the Managing Director and CEO of TDB, Admassu Tadese for more.</p>


Trade and Development Bank issues new 7-year $500mn unsecured bond offering

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<p>Online marketplace, Jiji, has reached an agreement to merge with automotive trading platform, Cars45 as it seeks to firm up its online classified car buying and selling service on the continent. The deal which covers operations in Nigeria, Ghana and Kenya will offer a new level of trade for auto buyers and sellers across the three countries. Soumobroto Ganguly, Chief Executive Officer of Cars 45 joins CNBC Africa for more.</p>


Online marketplace Jiji reaches merger agreement with Cars45

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<p>Africa is facing a fast-surging third wave of the Covid-19 pandemic, with cases spreading more rapidly and projected to soon overtake the peak of the second wave the continent witnessed at the start of the year.  And only about 12 million people are now fully vaccinated. How will the continent navigate this? World Health Organization Coordinator for Vaccines Development in Africa, Richard Mihigo joins CNBC Africa for more.</p>


Kenya

RSE CEO: Investors are seeking safe haven in Rwanda’s bond market

UNCTAD: COVID-19 slashed FDI flow in Africa by 16%

Sudan: IMF approves debt relief of more than $56bn

NSE June trading review

Ethiopia: Rising inflation remains key concern

IMF-backed economic reforms spark protests in Sudan

Drone delivery service Zipline raises $250mn to fund expansion

FItch affirms Uganda at B+ with negative outlook

China halts Kenya loans amid debt reprieve bid

Transport Minister Wamala outlines the path to profitability for Uganda Airlines

How mobile money platforms can help reduce inefficiencies in Africa’s healthcare sector

Reviewing the first 100 days of Samia Saluhu Hassan’s presidency

Rwanda’s lending sector sees reduced appetite for credit in first quarter

Kenya Airways looks to bounce back from COVID-19 shocks

Trade and Development Bank issues new 7-year $500mn unsecured bond offering

Online marketplace Jiji reaches merger agreement with Cars45

WHO: Setting up COVID-19 vaccine hub in SA is a major milestone for the continent

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Advertise With Us

Kenya

RSE CEO: Investors are seeking safe haven in Rwanda’s bond market

UNCTAD: COVID-19 slashed FDI flow in Africa by 16%

Sudan: IMF approves debt relief of more than $56bn

NSE June trading review

Ethiopia: Rising inflation remains key concern

IMF-backed economic reforms spark protests in Sudan

Drone delivery service Zipline raises $250mn to fund expansion

FItch affirms Uganda at B+ with negative outlook

China halts Kenya loans amid debt reprieve bid

Transport Minister Wamala outlines the path to profitability for Uganda Airlines

How mobile money platforms can help reduce inefficiencies in Africa’s healthcare sector

Reviewing the first 100 days of Samia Saluhu Hassan’s presidency

Rwanda’s lending sector sees reduced appetite for credit in first quarter

Kenya Airways looks to bounce back from COVID-19 shocks

Trade and Development Bank issues new 7-year $500mn unsecured bond offering

Online marketplace Jiji reaches merger agreement with Cars45

WHO: Setting up COVID-19 vaccine hub in SA is a major milestone for the continent

News Tips

Advertise With Us

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