The CEO of the Nigeria Mortgage Refinance Company, Charles Inyangete, says there is a requirement for Nigeria to build about 800,000 houses yearly to meet up the shortfall in housing. CNBC Africa’s Markets Editor for West Africa Kenneth Igbomor caught up with him to discuss the challenges of getting a mortgage in Nigeria.
After extensive consultations with its stakeholders, the African Capacity Building Foundation has developed a new 5-year strategic plan that aims to support the emergence of skilled people and strong institutions on the continent. Emmanuel Nnadozie, Executive Secretary of the African Capacity Building Foundation joined CNBC to discuss this new strategy.
Lagos state recently signed its 1.04 trillion naira appropriation bill for 2018 into law. CNBC Africa's Onyi Sunday caught up with Ademola Abass, Special Adviser to the Governor, Lagos Global to discuss developments in the state in 2017 and provide an outlook for the state's investment and development plans for 2018.
Trade and investment are some of the top priorities, as the United Kingdom’s Africa trade commissioner embarks on her tour of Africa. Emma Wade-Smith, Trade Commissioner for Africa at the UK Department for International Trade joined CNBC Africa’s Onyi Sunday to discuss what to expect from this visit.
According to Ben Leo, CEO of Fraym and the former Director for African Affairs at the White House, Africa's rural population is arguably its most overlooked. He joined CNBC Africa for a discussion on how the Africa can maximise its potential.
One of Nigeria’s Sub nationals, Ogun State has tagged its N344 billion Naira 2018 budget as the budget of accelerated development with 64.7 per cent dedicated to capital projects. CNBC Africa's Esther Awoniyi discussed these plans with the state’s commissioner for budget and planning, Rele Adesina.
Former President of South Africa Jacob Zuma stepped down on Wednesday the 14th of February following pressure from the governing ANC party. His deputy, Cyril Ramaphosa was sworn in as the country's new president the following day, with promises of a "new dawn" for South Africa. Foluso Phillips, Chairman of the Nigeria-South Africa Chamber of Commerce and Stephen Gelb, Principal Research Fellow at ODI joined CNBC Africa for a discussion on the impact the change in leaders could have on the business community.
Nigeria’s Minister of Transportation, Rotimi Amaechi says the key objective for his tenure as minister is to start and complete rail way infrastructure across the country. He joins CNBC Africa to discuss the progress made so far in this ministry and Nigeria’s 2019 elections.
“Malaria must die” is a global campaign launched by former English professional footballer David Beckham. The campaign is calling for new global commitments to end the disease which affected an estimated 216 million people in 2016 across 91 countries. Africa carries a disproportionately high share of the global malaria burden with 90 per cent of the global cases and 91 per cent of malaria deaths. Yvonne Chaka Chaka, South African singer, songwriter and UNICEF goodwill Ambassador for malaria in Africa joins CNBC Africa to explore ways Africa can eradicate this disease.
Nigeria’s military has launched a 44-day operation code-named “Cat Race “in a bid to curtail the incessant killings and clashes between farmers and herders, that have plagued the region in the recent past. The exercise will cover Benue, Taraba, Kogi, Kaduna and Niger states. Lawrence Onoja; Benue State Commissioner for Information and Orientation joined CNBC Africa from Abuja to discuss this and other developments around this crisis.
According to the United Nations Conference for Trade and Development, Africa accounts for a very low share of world trade and the continent’s export share as a proportion of global exports has been decreasing steadily. So how can the continent overcome the factors that hinder trade in the region? Joining CNBC Africa for this discussion are; James Gearing, Director at Texel Finance and John Lentaigne, Chief underwriting officer at the African Trade Insurance Agency.
The UK parliament passed a provision of the Criminal Finance Bill in April last year. A key section of this bill is the introduction of the Unexplained Wealth Orders which came into effect last week. This move has been hailed as a critical tool to promote the global fight against corruption and illicit flows. The unexplained wealth orders will allow the UK authorities freeze and recover suspicious assets in excess of fifty thousand pounds, until they have been properly accounted for by their owners. Mustafa Chike-Ob, Executive Vice Chairman of Alpha African Advisory and former Managing Director of the Asset Management Corporation of Nigeria joins CNBC Africa to discuss this and more.
The World Bank listed Nigeria among the top 10 global reformers, as the country ranked 145th on ease of doing business. The areas of reforms covered starting a business, dealing with construction permits, registering property, getting credit and paying taxes. Jumoke Oduwole, Coordinator of the Enabling Business Environment Secretariat and the Senior Special Adviser to the President on Industry Trade and Investment joined CNBC Africa to discuss Nigeria’s plan to improve its business environment.
The African Development Bank in partnership with the African Union Commission, the Bill and Melinda Gates Foundation and other partners launched the African Leaders for Nutrition Initiative. CNBC Africa's Esther Awoniyi caught up with Oley Lucretia Dibba-Wadda to discuss this initiative; she also addressed ways to harness Africa's human capital for growth.
The arrival of the Total Egina FPSO vessel was a first for Nigeria's ports, as this is the largest vessel to berth in West Africa. Hadiza Bala Usman, Managing Director of the Nigerian Ports Authority joins CNBC Africa to discuss ways to tap into the country's blue economy through its ports.
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.
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.