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<p>Africa’s digital progress is being halted by the great digital divide. Christy Hoffman, General Secretary of UNI Global Union explains why this needs to change.</p>


Christy Hoffman on digitalisation as means to bridge inequality

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<p>How can Africa take advantage of the fourth industrial revolution to maintain the &#8220;Africa rising&#8221; narrative? CNBC Africa caught up with Tony Elumelu, Chairman of Heirs Holdings on the side-lines of the World Economic Forum in Davos to discuss this and more.</p>


There is nowhere else where you get the returns on investments you get in Africa but we can make them better: Tony Elumelu

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<p>South African President, Cyril Ramaphosa, addressed media on day 2 of the World economic Forum&#8217;s Annual Meeting taking place in the mountains of Davos. He discussed the country&#8217;s investment case, the Zondo Commission, nationalisation of the Reserve Bank and land reform.</p>


Ramaphosa on SA’s investment case, land expropriation

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<p>At the ongoing WEF Davos forum 2019 CNBC Africa spoke to Rwanda’s Central Bank Governor John Rwangombwa who says that the country’s growth projections are expected to increase to 8.2 per cent.</p>


Rwanda’s growth projections to increase to 8.2%

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<p>Sahara Power Group Limited Group Managing Director Kola Adesina says Africa must improve access to electricity as to harness the digital revolution. He added that whereas the world is talking of the 4th revolution the continent still lags behind in the second. Adesina spoke with CNBC Africa’s Fifi Peters at the World Economic Forum in Davos on how the power sector is impacting Africa&#8217;s journey to globalisation.</p>


More needs to be done to advance Africa’s digital revolution – Kola Adesina

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<p>The World Economic Forum says there are opportunities for investment in the capacities of people and communities to attain self-reliance. So how can African corporations tap into these opportunities to unlock new capital and scale up local markets? Oscar Onyema, CEO of the Nigerian Stock Exchange joins CNBC Africa’s Fifi Peters in Davos for this discussion.</p>


Why we attended WEF Davos 2019 – NSE’s Oscar Onyema

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<p>African banks are beginning to recognise that the risk acceptance criteria for the youths are slightly under financial inclusion. This is according to Jim Ovia, Chairman of Zenith Bank. He discussed this and how African youths can take advantage of the fourth industrial revolution.</p>


Zenith Bank Chair talks on empowering Africa’s youth in the digital era

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<p>Zimbabwe’s Finance Minister Mthuli Ncube spoke to CNBC Africa’s Chris Bishop about the task of reviving the country’s economy, on the side-lines of the World Economic Forum in Davos Switzerland.</p>


Zimbabwe’s plan to woo investors in #Davos

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<p>Vice Chancellor of the University of Cape Town Professor Mamokgethi Phakeng spoke to CNBC Africa’s Fifi Peters on the impact of the Fourth Industrial Revolution on tertiary institutions.</p>


Mamokgethi Phakeng on how tertiary institutions can best prepare for the 4th Industrial Revolution

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<p>CNBC Africa&#8217;s Fifi Peters spoke to the Executive Chairperson of African Fashion International, Dr Precious Moloi-Motsepe on the side-lines of the activities at the opening day of the World Economic Forum about her impressions on the effectiveness of the meeting in facing global challenges.</p>


Precious Moloi-Motsepe on the effectiveness of #WEF in tackling inequality

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<p>At the World Economic Forum 2019 in Davos CNBC Africa’s Fifi Peters spoke to Benedikt Sobotka, CEO of Eurasian Resources Group on opportunities, challenges of doing business in Africa and how corporations can effectively prepare for these changes accompanying globalisation 4.0.</p>


Opportunities, challenges of doing business in Africa – Eurasian Resources Group CEO

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<p>Uzoma Dozie, CEO of Diamond Bank sheds light on the banks successes and explains why its merger with Access Bank is not a sign of failure but success.</p>


Uzoma Dozie: Access Bank’s merger with Diamond Bank is not a sign of our failure but success


<p>By Chris Bishop, head of programming CNBC Africa </p>



<p>Zimbabwe is boiling over with anger right now. The economy
is crumbling, commodities and currency are in short supply, petrol is expensive
and scarce, the solution to the latter was for the government to double the
price at the pump.&nbsp; This led to hot
headed violence on the streets of Harare, amid burning cars and flying bullets.</p>



<p>Ironically, he man who told the world he was going to sort
out this mess and should be taking the heat is spending the next week, or so,
in two of the coldest countries on earth. As I write he is in Russia and next
week he will land in Switzerland to make another pitch for investors among the
world money heavyweights at the World Economic Forum in the snowy ski resort of
Davos. </p>



<p>President Emmerson Mnangagwa&nbsp;
&#8211; who came to power after a military takeover in November 2017 –
countered criticism that he was one of the Zanu-PF old school by saying he
would take radical steps to throw Zimbabwe open for business. He made all the
right noises and appointed technocrats to his cabinet, instead of party
stalwarts, like economist Mthuli Ncube. </p>



<p>Yet Mnangagwa’s <a href="http://cnbc.africa/zdnl-mc/2018/01/22/zimbabwes-offering/">first pitch to Davos</a> for investment, in 2018, was weak to say the least. It was a vague document talking about tribunals to decide on compensation for farmers and a raft of lukewarm incentives to invest in what was once the food exporting jewel of Southern Africa. </p>



<p>At least one high profile CEO in Zimbabwe has called on
Mnangagwa to cut short his trip to Davos to sort out the chaos and penury at
home. Many struggling Zimbabweans are likely to agree.</p>



<p>Mnangagwa is just one of two new presidents from southern
Africa with a point to prove at Davos this year.</p>



<p>The other is President Cyril Ramaphosa of South Africa in
his first year in power. He made a sterling appearance at Davos, in 2018, full
of hopeful speeches promising better days. He said corruption would be
investigated and big fish put in court. It was all good tub-thumping stuff as
he stepped up his campaign to take the top job, which happened the following month,
after years of depressing talk of state corruption it was like a breath of
fresh air.</p>



<p>Ramaphosa delivered, to an extent, yet his economy
stubbornly refused to show strong growth and the currency is in worse shape
than it was in the days of his predecessor – the discredited President Jacob
Zuma. </p>



<p>This year Ramaphosa is likely to find it a bit trickier to
catch the ear of investors as he tries to balance being open for business with
an election in May. Voter-friendly talk of land expropriation without
compensation and propping up the economy with taxpayers’ money is unlikely to
go down well with hard-nosed investors. Also the euphoria that greeted
Ramaphosa taking over the reins has died down.</p>



<p>Two presidents; two different, yet equally vital, challenges
in what promises to be a fascinating week in Davos upon which could hinge
millions of dollars in investment . The well-being and future of millions of
African families depends upon it. </p>


wef19

Christy Hoffman on digitalisation as means to bridge inequality

There is nowhere else where you get the returns on investments you get in Africa but we can make them better: Tony Elumelu

Ramaphosa on SA’s investment case, land expropriation

Rwanda’s growth projections to increase to 8.2%

More needs to be done to advance Africa’s digital revolution – Kola Adesina

Why we attended WEF Davos 2019 – NSE’s Oscar Onyema

Zenith Bank Chair talks on empowering Africa’s youth in the digital era

Zimbabwe’s plan to woo investors in #Davos

Mamokgethi Phakeng on how tertiary institutions can best prepare for the 4th Industrial Revolution

Precious Moloi-Motsepe on the effectiveness of #WEF in tackling inequality

Opportunities, challenges of doing business in Africa – Eurasian Resources Group CEO

Uzoma Dozie: Access Bank’s merger with Diamond Bank is not a sign of our failure but success

#WEF19: Ramaphosa vs Mnangagwa. The tough tale of two African presidents

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wef19

Christy Hoffman on digitalisation as means to bridge inequality

There is nowhere else where you get the returns on investments you get in Africa but we can make them better: Tony Elumelu

Ramaphosa on SA’s investment case, land expropriation

Rwanda’s growth projections to increase to 8.2%

More needs to be done to advance Africa’s digital revolution – Kola Adesina

Why we attended WEF Davos 2019 – NSE’s Oscar Onyema

Zenith Bank Chair talks on empowering Africa’s youth in the digital era

Zimbabwe’s plan to woo investors in #Davos

Mamokgethi Phakeng on how tertiary institutions can best prepare for the 4th Industrial Revolution

Precious Moloi-Motsepe on the effectiveness of #WEF in tackling inequality

Opportunities, challenges of doing business in Africa – Eurasian Resources Group CEO

Uzoma Dozie: Access Bank’s merger with Diamond Bank is not a sign of our failure but success

#WEF19: Ramaphosa vs Mnangagwa. The tough tale of two African presidents

News Tips

Advertise With Us

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