Medina Islamic Finance, an Africa-focused digital Islamic micro finance platform, announced a partnership with United Labs to leverage machine learning and data science to further enhance its microfinance digital banking platform. For a breakdown of their strategy CNBC Africa is joined by Wagane Diouf, CEO of Medina Islamic Finance.
Nigeria has set a target to double its manufacturing output to 20 per cent of GDP within six years and will set up special economic zones across the country in partnership with regional aid banks to achieve this target. Johnson Chukwu, CEO of Cowry Asset Management Limited joins CNBC Africa to discuss this.
South African Airways (SAA) said on Tuesday that it had signed a partnership deal with Emirates airline.
Pan-African telecoms group Liquid Telecom is investing 400 million dollars in data centres and network infrastructure in Egypt over the next three years, as part of a major partnership with Telecom Egypt. The investment was announced at the Africa 2018 forum. While speaking about the signing, Strive Masiyiwa, Founder and Group Executive Chairman of Liquid Telecom’s parent company Econet Wireless, described Egypt as a very exciting market.
Interswitch is exploring a blockchain-based supply chain financing service in partnership with Microsoft Azure that aims to digitise the process between corporates and banks when providing trade financing to entrepreneurs and business owners in the Supply Chain sector. Akeem Lawal, Divisional Chief Executive Officer, Payment Processing at Interswitch, joins CNBC Africa for more insight on this platform.
Swiss luxury group Richemont and Chinese group Alibaba will be joining forces.
The Partnership for Financial Inclusion 2018 Knowledge Event is being hosted by the IFC and the Mastercard Foundation in Dar es Salaam, Tanzania. The six-year old partnership for financial inclusion in Africa brought many key lessons for the IFC and the World Bank, as well as regulators on the continent. CNBC Africa's Godfrey Mutizwa spoke to Martin Holtman, Manager, Digital Finance and Micro Finance at the IFC.
Earlier this year, African Wildlife Foundation donated 27 hectares to Rwanda to accommodate the growing number of gorillas in the Volcanoes National Park. The organisation which has been operating in the country for the past 40 years recently renewed its partnership with the government of Rwanda. Joining CNBC Africa for more is Senior Vice President Craig Sholley.