As discoveries of crude oil continue to be made in East Africa, financial institutions are looking to tap into opportunities in the ever growing downstream business.
A $70 million investment deal for cold storage; a partnership to see 5G rolled out to the most remote locations; and the beginning of construction for the Nairobi Railway City; these are the headlines making news in Kenya and CNBC Africa spoke to Journalist, Joseph Bonyo for more.
The European Union has released an additional 15 million euros to the fight against desert locusts in East Africa ahead of a potential new wave of swarms in the region. This comes after the EU granted 11 million euros back in February of this year for the same. The Food and Agriculture Organisation is one of the bodies set to receive the funds for this and CNBC Africa spoke to Cyril Ferrand, Senior Technical Officer and Team Leader for Eastern Africa Resilience for more.
Nigeria plans to enter the second phase of easing of restrictions on domestic flights from Wednesday. Evarest Nnaji, CEO, Oas Helicopters joins CNBC Africa for more.
Subscribe to our newsletter
Sign up for free newsletters and get more CNBC AFRICA delivered to your inbox
More from CNBC Africa
JOHANNESBURG (Reuters) - South Africa will introduce a universal basic income grant, the Minister of Social Development Lindiwe Zulu said on Monday,...
The South Africa government has reinstated an alcohol ban and has made adjustments to travel restrictions under level 3 lock-down, in the hope of taking strain off from the healthcare sector and further reopening the economy. Joining CNBC Africa for more is the Black Business Council Treasurer General, Bonolo Ramokhele.
GENEVA/ZURICH (Reuters) - The new coronavirus pandemic raging around the globe will worsen if countries fail to adhere to strict healthcare precautions,...
Tech stocks have been hitting record highs in recent days, rallying by almost 16 per cent on the S&P 500 this year. Analysts have reported that the major tech companies will rally for as long as they can as investors are insulated from the worst of the Covid-19 market crisis. Byron Lotter, Portfolio Manager at Vestact joins CNBC Africa for more.
UAE financial centers act as a gateway to benefit African businesses GCC, July 13th, 2020: Tata International Limited (TIL)...
Uber, in partnership with Mastercard to provide 120,000 free trips to frontline workers in MEA, including South Africa, Nigeria, Kenya, Ivory Coast...
LAGOS/ABUJA (Reuters) - Early one evening, Folasade Fadare and her team of four disease hunters piled into a van and headed for...
Nigeria has upped its move to overturn an arbitration award against it worth almost $10 billion in favour of Process & Industrial Developments. Nigeria’s lawyers told the online court it found new evidence of payments from companies related to P&ID to Vera Taiga, the daughter of the chief lawyer for Nigeria’s Petroleum Ministry at the time. Sam Chidoka, Managing Director and CEO of Kairos Capital joins CNBC Africa for more.
The Medical Guild in Lagos in on a three day warning strike to call attention to the need for improved safety and welfare among other factors. Joining CNBC Africa for more is Dr. Oluwajimi Sodipo, Chairman, Lagos Medical Guild.
LONDON (Reuters) - Britain’s economy could shrink by more than 14% this year and government borrowing risks approaching 400 billion pounds ($500...
- Advertisement -