What to expect from ‘NIPS’ Nigeria’s biggest oil summit – Ibe Kachikwu

CNBC Africa caught up with Ibe Kachikwu, Nigeria’s Minister of State for Petroleum at the ongoing Nigeria International Petroleum Summit (NIPS) that kicked off today for his expectations for the summit and more.

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COVID-19: How will employee salaries be impacted in the months to come?

The BankservAfrica Take-home Pay Index has shown that wage numbers were up in April as the majority of employees continued to receive their monthly incomes. However, casual and weekly workers were most impacted by the Covid-19 lockdown as the number of wages paid declined significantly. Joining CNBC Africa for more is Mike Schüssler, Chief Economist at economists.co.za.

This African fintech is helping Zimbabweans in SA send groceries home during Covid-19 lock-down

African based Fintech group Mukuru has launched a service for foreign nationals working in South Africa to send basic food essentials to their family in Zimbabwe. The service has enabled Zimbabwean workers in South Africa to extend a helping hand top those who wish to continue to care and provide for their families during the Covid-19 lock-down in Zimbabwe. Joining CNBC Africa for more is Andy Jury, CEO of Mukuru Groceries.

How the Africa Shared Value E-Summit can play a role in post-COVID-19 recovery

Experts predict that closer collaboration among business leaders across various industries will be key in shaping a post-COVID-19 recovery. This will be part of the conversation at upcoming Africa Shared Value E-Summit and CNBC Africa spoke to Nichole Yembra, MD, The Chrysalis Capital for more.

Locust plague, COVID-19 weigh on East Africa’s economic outlook

The World Bank recently announced the first phase of an additional $500 million package to combat the locust invasion in East Africa and the Middle East. According to Moody's, though crucial, the support package pales in comparison with the magnitude of the twin shocks that the East African economies face from the pandemic and the locust invasion. Kelvin Dalrymple, vice-President and Sovereign Analyst at Moody’s joins CNBC Africa for more.

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Rwandan entrepreneurs treated to Covid-19 business survival boot camp

Access to Finance Rwanda in partnership with the African Management institute, the Private Sector Federation and others, has launched a new webinar series dubbed, ‘The Business Survival Bootcamp’, through their website, SME Response Clinic. The program is designed to help entrepreneurs navigate the unique challenges that have presented themselves as a result of the Covid-19 pandemic and is slated to begin next week. Head of Programs at AFR, Jean Bosco Iyacu joins CNBC Africa for more.

How can Africa’s private equity firms weather the COVID-19 storm?

East Africa's share of private equity transactions has slowly been rising over the years, but this growth momentum has now been disrupted by the Covid-19 pandemic. What will it take for private equity firms in the region to weather the Covid-19 storm and bounce back? David Owino, Managing Partner at Ascent Capital joins CNBC Africa for more.

RDO’s Mugwaneza on the need to invest in post-harvest agriculture technology

Rwanda’s agriculture sector employs 80 per cent of the population and contributes 33 per cent to her GDP growth. Now, with Covid-19, many farmers have incurred losses due to difficulties in the market and agriculture players have reiterated the need for investing in post-harvest agriculture technologies. Diana Mugwaneza, Programs Officer at Rwanda Development Organization, joins CNBC Africa for more.

PMA: CBN to roll over T-bills worth N59.4bn

The Central Bank is expected to roll over maturing treasury bills worth 60 billion naira in today’s Primary Market Auction. Gbemisola Bello-Aromire, Fixed Income Dealer joins CNBC Africa to discuss sentiments in Nigeria’s fixed income and FX markets....

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Abel Sithole appointed as CEO of South Africa’s PIC

On Wednesday, South African Finance Minister Tito Mboweni announced the appointment of Abel Sithole as the Chief Executive Officer of the Public Investment Corporation (PIC) and Executive Director on the Board of Directors.

91-year-old business titan’s mission to raise R108mn to feed the hungry

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