Over 70 per cent of Kenyans have been victims of financial fraud, with majority of Kenyan banking leaders singling out SIM swaps. Joining CNBC Africa is Fabien Delanaud, General Manager of Myriad Connect to discuss their band authentication and SIM swap detection solutions to the local market.
The World Bank says the collapse in oil prices coupled with the COVID-19 pandemic is expected to plunge the Nigerian economy into a severe economic recession, the worst since the 1980s. Tilewa Adebajo, CEO of CFG Advisory joins CNBC Africa for more.
Vetiva Capital Management says although Nigeria’s total debt to GDP ratio is below the suggested prudential upper band of 40 per cent for developing economies, a higher than projected fiscal deficit, high cost of borrowing and weaker Naira may further limit Nigeria’s fiscal space and reduce the capacity to respond to the Covid-19 crisis. Mosope Arubayi, Chief Economist at Vetiva joins CNBC Africa for more.
The Afrimat Construction Index for the first quarter of 2020 has shown significantly depressed figures with the index itself falling by more than 27 per cent. Roelof Botha, Economist and Head of the Afrimat Construction Index, urges that these figures prove how important the recovery plan is for the construction sector.
The global talent network that helps companies build remote engineering teams, Andela, recently announced its move to go fully remote and expand its presence in all African countries. But what exactly are the pros and cons of the remote working model? Wambui Kinya, Vice President, Partner Engineering at Andela joins CNBC Africa for more.
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A new private sector-led initiative is looking to crowd source funds from Nigerians to help about two million Lagosians whose livelihoods have been severely impacted by the Covid-19 pandemic. Yomi Adedeji, CEO of Softcom and Convener of the HelpNow Initiative joins CNBC Africa for more.
Despite the Covid-19 pandemic, work is still on-going at the 650 000 barrels per day Dangote Refinery, which is expected to be commissioned in January next year. The company’s Group Executive Director Devakumar Edwin joins CNBC Africa to share some insight on the progress.
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The NSE All Share Index was the lone laggard among the African bourses last week shedding 1.99 per cent. What can we expect from the Lagos bourse this week? Ayodeji Ebo, Managing Director of Afrinvest Securities joins CNBC Africa for more....
No doubt Nigeria's currency has come under pressure in recent months; the Central Bank of Nigeria says it is working towards the gradual unification of exchange rates. But what does the CBN's recent move in asking lenders to bid for dollars at 5 per cent above the official rate mean for the markets going forward? Victor Aluyi, Head of Portfolio Management at Comercio Partners joins CNBC Africa for more.
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