African pension funds can play a critical role in driving economic development across the continent. The African Development Bank says the continent requires between 130 to 170 billion U.S dollars annually until 2021 to resolve its infrastructure deficit. So what is the way forward for the Africa's pension industry? Dave Uduanu, CEO, Sigma Pensions joins CNBC Africa to give insight.
African Development Bank
The African Development Bank recently commissioned its Nigeria Country Department office in Abuja. The 220-capacity 4-storey building signals the bank's deeper engagement with Nigeria; it's principal shareholder since inception. CNBC Africa Markets Editor for West Africa, Kenneth Igbomor caught up with Ebrima Faal the African Development Bank's Director of the Nigeria Country Office and discussed the African Development Bank's partnership with Nigeria.
In a public letter, Nigeria’s ex-president Olusegun Obasanjo advised President Muhammadu Buhari not to seek re-election in the 2019. Obasanjo noted that “to ask Nigeria to give more will be unrealistic and will only sentence the country to a prison term of four years if not destroy it beyond the possibility of an early recovery and substantial growth”. Joining CNBC Africa to discuss this are; Sani Aminu Dutsinma, Managaing Director of the Islamic Banking and Finance Institute and Martin Onovo, former presidential candidate, National Conscience Party.
Partech Ventures launched a one hundred million-euro fund that is focused on digital technology start-ups in sub-Saharan Africa - a sector that is expected to contribute about $300 billion to the region’s GDP by 2025 according to Mckinsey Global Institute. Olawale Ayeni, Africa Lead for Venture Capital at the International Finance Corporation joined CNBC Africa to discuss ways to bridge the funding gap for tech start-ups in Africa.
President Trump’s America first nationalism has opened the door to Chinese global leadership. And in Africa, terrorism, militancy, political instability and fears of a potential debt crisis are themes that stakeholders will be paying attention to. Nick Allen, CEO, Europe and Africa Region at Control Risks spoke to CNBC Africa's Onyi Sunday about the top risks for Africa and the world in 2018.
Policy makers in African countries need to strategize and mobilise resources to finance the continent’s infrastructure deficit that remains persistently large. Andrew Alli, President and CEO of the Africa Finance Corporation joins CNBC Africa’s Esther Awoniyi to discuss how African governments should approach development finance this year.
It's the start of a new year, so what can we expect from the technology and Fintech space? Austin Okere, Founder, CWG and entrepreneur in residence at Columbia Business School and Olusola Teniola, President of the Association of Telecommunications companies of Nigeria joined CNBC Africa to discuss the trends that will shape these sectors in West Africa.
The deadly coronavirus pandemic has stopped the world in its tracks, and exposed a weak spot in the United States’ preparedness for a public health emergency. Experts say aggressive diagnostic testing is essential in order to learn where and how an
Entrepreneur Abdul Samad Rabiu's BUA Group has joined corporates and business leaders from Africa in donating money to fight the COVID-19 pandemic....
Tony Elumelu’s United Bank For Africa donates $14mn to COVID-19 relief across Africa, this is how it will be used…
Entrepreneur Tony Elumelu's UBA has joined corporates and business leaders from Africa in donating money to fight the COVID-19 pandemic. Below is...
Motsepe family & associates join Rupert and Oppenheimer families in donating R1bn to deal with COVID-19 pandemic
On Monday South Africa's President, Cyril Ramaphosa revealed that South Africa's richest families the Rupert and Oppenheimer families had each contributed ...