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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>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>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>Despite a very challenging year in 2020, the African Development Bank says it posted strong financials with its net income growing by as much as 57 per cent from 2019. Speaking with CNBC Africa’s Kenneth Igbomor, the bank’s Vice President for finance and acting Senior Vice President, Bajabulile Swazi Tshabalala says despite the downgrades witnessed by countries in the region due to the adverse impact of the COVID-19 pandemic, the bank maintained a strong financial performance amid the exposures.</p>


AfDB’s Tshabalala on how to address Africa’s development needs

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<p>The Covid-19 pandemic has taken a heavy toll on African economies, and now experts project that the continent risk to reverse gains achieved over the years. The private sector could play an important, but it remains challenging for the continent to mobilize private capital. Catherine Pattillo, Deputy Director of the African Department at the International Monetary Fund joins CNBC Africa for more.</p>


IMF’s Pattillo on how to attract private finance to Africa’s development

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<p>Energicotel PLC, a Rwandan energy provider, has announced the issuance of a $6.5 million corporate bond, becoming the first independent power provider to do so. Energicotel is also the first firm to issue a corporate bond in Rwanda since the maturity of the two bonds that were trading on the Rwanda Stock Exchange. The company’s Executive Director, Ferdy Turasenga joins CNBC Africa for more.</p>


Rwanda’s Energicotel issues $6.5mn corporate bond

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<p>38 countries have ratified the African Continental Free Trade Area Agreement that came into operation at the beginning of this year.</p>


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AfCFTA: Standard Bank’s Madhavan on how to address policy hurdles

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<p>Kenya’s tax income for the first 11 months of the fiscal year 2020/2021 fell by 1.3 per cent to KSh1.3 trillion. This is the first month-on-month decline in tax revenue collection. CNBC Africa spoke with Churchill Ogutu, Head of Research at Genghis Capital.</p>


Kenya’s tax income falls by 1.3% in first 11 months of 2020/21

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<p>The government of Tanzania has officially applied for more than $570 million loan from the International Monetary Fund to help in tackling economic challenges of the Covid-19 pandemic. The IMF has responded with conditions before the disbursement happens. Economic Analyst, Gabriel Mwang&#8217;onda joins CNBC Africa for more.</p>


IMF puts COVID-19 related condition for Tanzania loan

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<p>Rwanda’s Finance Minister Uzziel Ndagijimana today tables the budget for the fiscal year 2021-2022. In the finance bill, the government had planned to spend $3.8 billion in the next fiscal year, which represents an increase of 9.8 per cent from the previous budget. Angello Musinguzi, Senior Tax Manager at KPMG Rwanda joins CNBC Africa for more.</p>


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Finmin Ndagijimana unveils $3.8 bn budget, focus on economic recovery,accelerating transformation

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<p>On Friday, Uganda’s President Yoweri Museveni, enforced new COVID-19 measures that include a strict lockdown and curfew measures amidst an increase in COVID-19 related deaths in the country. Emmanuel Ainebyona, Senior Public Relations Officer at the Ministry of Health, joins CNBC Africa for more.</p>


Uganda tightens measures amid rise in COVID-19 cases

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<p>Tanzania is now formally working to join the COVAX facility and start its first coronavirus immunization campaign, five months after the COVAX facility disbursed its first consignment of vaccine.</p>


Tanzania to join COVAX facility

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<p>Eat Green is a bridge between farmers and consumers in what seems to be an ever-growing competitive agriculture value chain entrant, but how does it differ? Ornella Bisamaza, CEO and Co-founder of Eat Green Trading.</p>


Eat Green Trading sees positive response in Rwanda

Eat Green Trading sees positive response in Rwanda, eyes Africa expansion

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<p>South Sudan is seeking to ramp up oil output and build refining capacity in an enduring effort to revive the country’s economy. Economic Analyst, Akol Dok joins CNBC Africa for more.</p>


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South Sudan, Sudan reach agreement to increase oil output

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<p>The COVID-19 pandemic has impacted the growth of the Africa tech health sector with an increase in digital adoption, one company that has largely benefited from this is Rockethealth Uganda, CNBC Africa is joined by the Co-founder and Director of Medical Concierge, Davis Musinguzi for more.</p>


rwanda east africa

Drone delivery service Zipline raises $250mn to fund expansion

Transport Minister Wamala outlines the path to profitability for Uganda Airlines

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

Kenya Airways looks to bounce back from COVID-19 shocks

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

AfDB’s Tshabalala on how to address Africa’s development needs

IMF’s Pattillo on how to attract private finance to Africa’s development

Rwanda’s Energicotel issues $6.5mn corporate bond

AfCFTA: Standard Bank’s Madhavan on how to address policy hurdles

Kenya’s tax income falls by 1.3% in first 11 months of 2020/21

IMF puts COVID-19 related condition for Tanzania loan

Finmin Ndagijimana unveils $3.8 bn budget, focus on economic recovery,accelerating transformation

Uganda tightens measures amid rise in COVID-19 cases

Tanzania to join COVAX facility

Eat Green Trading sees positive response in Rwanda, eyes Africa expansion

South Sudan, Sudan reach agreement to increase oil output

Uganda’s Rocket Health seeks to tap into growing telemedicine market

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rwanda east africa

Drone delivery service Zipline raises $250mn to fund expansion

Transport Minister Wamala outlines the path to profitability for Uganda Airlines

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

Kenya Airways looks to bounce back from COVID-19 shocks

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

AfDB’s Tshabalala on how to address Africa’s development needs

IMF’s Pattillo on how to attract private finance to Africa’s development

Rwanda’s Energicotel issues $6.5mn corporate bond

AfCFTA: Standard Bank’s Madhavan on how to address policy hurdles

Kenya’s tax income falls by 1.3% in first 11 months of 2020/21

IMF puts COVID-19 related condition for Tanzania loan

Finmin Ndagijimana unveils $3.8 bn budget, focus on economic recovery,accelerating transformation

Uganda tightens measures amid rise in COVID-19 cases

Tanzania to join COVAX facility

Eat Green Trading sees positive response in Rwanda, eyes Africa expansion

South Sudan, Sudan reach agreement to increase oil output

Uganda’s Rocket Health seeks to tap into growing telemedicine market

News Tips

Advertise With Us

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