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<p>The Nigerian House of Representatives has approved and passed the report on the Petroleum Industry Bill after minority lawmakers staged a walkout of the chamber today to address journalists over grey areas in the Electoral Act Amendment Bill. This comes after the Senate approved the reconciled version of the Petroleum Industry Bill on Thursday. The lawmakers are to harmonize the bill and transmit it to the President. Joining CNBC Africa to discuss this development is a Senior Partner at Gbenga Biobaku and Co, Gbenga Biobaku.</p>


Nigeria’s house of representatives approves finalised Petroleum Industry Bill

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<p>Nigeria’s headline inflation for the month June was 0.18 percentage points lower to 17.75 per cent. Meanwhile, traders at UBA say real demand for bonds continues to stay on the side-lines in anticipation of higher yields at the Primary Market Auction. Ifeoma Onyejekwe, Fixed Income Trader at UBA joins CNBC Africa for more.</p>


Nigeria’s inflation moderates further to 17.75% in June

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<p>OneWattSolar issued the first series of its 10 billion naira Green Bond Issuance Programme earlier this month. The programme consists of a 2 billion naira 7-year Green Bond and another one-billion-naira 7-year Green Sukuk Issue. Jubril Adeojo, Co-founder and Chief Operating Officer of the Clean-tech company, OneWattSolar joins CNBC Africa for more.</p>


OneWattSolar’s N10bn green bond programme takes off

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<p>Kenya has been planning to establish the Nairobi International Financial Centre since 2008, but the country&#8217;s journey to becoming a global financial hub has suffered many setbacks. 13 years down the line, has the NIFC dream become an illusion? Churchill Ogutu, Head of Research at Genghis Capital joins CNBC Africa for more.</p>


Nairobi International Financial Centre : An illusion?

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<p>Rwanda’s efforts to support businesses to recover from the Covid-19 pandemic have received boost following the approval of $100 million loan from the Asian Infrastructure Investment Bank.</p>


Asian Infrastructure Investment Bank approves $100mn loan for Rwanda

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<p>Uganda&#8217;s President Museveni recently issued the country&#8217;s second lockdown since the Covid-19 pandemic to mitigate the spread of the virus as the country&#8217;s health system grappled with the second wave of infections. But are the lockdown measures worth it? CNBC Africa spoke to Epidemiologist and Minister of ICT in Uganda, Dr. Chris Baryomunsi for more.</p>


COVID-19: Are Uganda’s lockdown measures effective?

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<p>In its half year report, Meristem says Nigerian cement makers are yet to fully take advantage of the export opportunities provided by the AfCFTA and the re-opened Nigerian land borders. Meanwhile, there have been hikes in the ex-factory price of cement by major cement makers in Nigeria raising concerns about pressure on already dwindling consumer purchasing power. Seun Arambada, Senior Analyst at Meristem joins CNBC Africa for more.</p>


Meristem: Nigerian cement makers yet to take full advantage of AfCFTA

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<p>Nigeria plans to concession the Transmission Company of Nigeria as the government is looking to improve electricity outcomes. But what implications will this move have on the power sector value chain? CEO and Executive Vice Chairman of Proton Energy, Oti Ikomi joins CNBC Africa for more.</p>


Nigeria plans to concession power generation plans

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<p>A joint report by Appsflyer and Google shows that African mobile app market showed strong growth, with overall installs increasing by 41per cent.</p>


African mobile market records 41% rise in overall installations

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<p>In Kenya, the manufacturing sector has seen an increase in sea freight costs due to a shortage of containers in the global market, due to increased imports by US shippers from East Asia since the second half of 2020. Exporters fear that buyers may slowdown purchases in the near-term. Nick Kwolek, Founder of Kwolco joins CNBC Africa for more.</p>


Kwolco: Roaring commodity demand pushing shipping rates higher

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<p>The Oxford Foundry, which is the University of Oxford&#8217;s entrepreneurship center, has partnered with Nigeria&#8217;s FMDQ Group, through its private markets arm to provide skills and networking opportunities to Nigerian startups and Small and Medium sized Enterprises. Kaodi Ugoji, Group Chief Operating Officer of the FMDQ Group and Ana Bakshi, Executive Director of Oxford Foundry join CNBC Africa for more.</p>


Oxford foundry partners FMDQ to grow Nigerian start-ups

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<p>The Nigerian Exchange Group has listed Guaranty Trust Holding Company following the delisting of Guaranty Trust Bank.</p>


Nigeria’s Guaranty Trust Holding Company lists on NGX

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<p>The Overseas Development Institute says developing countries face precarious and time-bound decisions as they balance the need to recover from the economic fallout brought on by Covid-19 with addressing the current climate emergency. So how can developing countries ensure greener recovery and what role is China playing in all of this? Yue Cao, Senior Research Officer at ODI’s Global Risks and Resilience Programme  joins CNBC Africa for more.</p>


Overseas Development Institute on how to drive green recovery in developing countries

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<p>As countries in Africa grapple with the impact of the COVID-19 pandemic, the Presidency of Cote d’Ivoire and the World Bank plan to host a high-level meeting this week where 21 African presidents are expected to attend. The focus of the meeting will be the importance of an ambitious 20th replenishment of the International Development Association. Abdourahmane Cisse, Secretary General of the Presidency of Cote d’Ivoire joins CNBC Africa for more.</p>


African leaders unite to support IDA20 replenishment

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<p>Rand Merchant Bank say they expect a two per cent growth in Nigeria’s economy this year, their outlook is hinged on non-oil sector growth in the first half of the year and oil sector growth in the second half of the year.</p>


RMB: Nigeria’s economy on track for a rebound rather than recovery

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<p>Nigeria needs about 386,000 hospital beds and about $82 billion of investment in healthcare real estate assets to reach the global average of 2.7 beds per thousand people, according to a report by real estate consultancy Knight Frank. This could get boost with the introduction of a customized, mobility-enhanced Modular Healthcare Facility at the Gbagada General Hospital in Lagos, by Alpha Mead Healthcare Management Services. The facility, according to the company seeks to take quality healthcare services to the doorstep of Nigerians and make access to healthcare affordable. CNBC Africa spoke with the Group Chief Executive Officer of Alphamead, Femi Akintunde for more.</p>


Nigeria looks to modular facilities to boost access to healthcare

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<p>G20 leaders are expected to meet face-to-face today to give their political endorsement to a plan that seeks to implement a global minimum corporate income tax of at least 15 per cent at a gathering in Venice today. The group is also expected to publish a high-level independent panel report into pandemic preparedness. However, The One Campaign says, the G20 must ensure the work does not distract world leaders from tackling the current crisis. Edwin Ikhuoria, Africa Executive Director at The One Campaign joins CNBC Africa for more.</p>


wuhan

Nigeria’s house of representatives approves finalised Petroleum Industry Bill

Nigeria’s inflation moderates further to 17.75% in June

OneWattSolar’s N10bn green bond programme takes off

Nairobi International Financial Centre : An illusion?

Asian Infrastructure Investment Bank approves $100mn loan for Rwanda

COVID-19: Are Uganda’s lockdown measures effective?

Meristem: Nigerian cement makers yet to take full advantage of AfCFTA

Nigeria plans to concession power generation plans

African mobile market records 41% rise in overall installations

Kwolco: Roaring commodity demand pushing shipping rates higher

Oxford foundry partners FMDQ to grow Nigerian start-ups

Nigeria’s Guaranty Trust Holding Company lists on NGX

Overseas Development Institute on how to drive green recovery in developing countries

African leaders unite to support IDA20 replenishment

RMB: Nigeria’s economy on track for a rebound rather than recovery

Nigeria looks to modular facilities to boost access to healthcare

G20 leaders to endorse 15% minimum corporate income tax

News Tips

Advertise With Us

wuhan

Nigeria’s house of representatives approves finalised Petroleum Industry Bill

Nigeria’s inflation moderates further to 17.75% in June

OneWattSolar’s N10bn green bond programme takes off

Nairobi International Financial Centre : An illusion?

Asian Infrastructure Investment Bank approves $100mn loan for Rwanda

COVID-19: Are Uganda’s lockdown measures effective?

Meristem: Nigerian cement makers yet to take full advantage of AfCFTA

Nigeria plans to concession power generation plans

African mobile market records 41% rise in overall installations

Kwolco: Roaring commodity demand pushing shipping rates higher

Oxford foundry partners FMDQ to grow Nigerian start-ups

Nigeria’s Guaranty Trust Holding Company lists on NGX

Overseas Development Institute on how to drive green recovery in developing countries

African leaders unite to support IDA20 replenishment

RMB: Nigeria’s economy on track for a rebound rather than recovery

Nigeria looks to modular facilities to boost access to healthcare

G20 leaders to endorse 15% minimum corporate income tax

News Tips

Advertise With Us

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