Improving trade integration across the continent has seen some traction in recent years, but what are some key trends to note with regards to trade in West Africa? CNBC Africa’s Kenneth Igbomor caught up with Muyiwa Oni, Regional Head of Equity Research at Standard Bank group to discuss the dynamics of trade in West Africa.
Moody’s Investors Service says the longer-lasting negative effects of the COVID-19 pandemic on credit profiles of Africa countries will leave them with diminished capacity to absorb future shocks. Moody’s Vice-President, Kelvin Dalrymple joins CNBC Africa for more.
The African Development Bank says an additional 49 million Africans could be pushed into extreme poverty by the Covid-19 pandemic and its aftermath. This was in the updated forecast of the Africa Economic Outlook, where they expect Central Africa and West Africa to be the hardest-hit regions. Kayode Akindele, Partner at TIA Capital joins CNBC Africa for more.
Domestic operations in Nigeria’s aviation industry will commence from Wednesday the 8th of July. Captain Dele Ore, a Retired Pilot and Chairman of the Board of Trustee of the Aviation Safety Round Table Initiative joins CNBC Africa for more.
The World Bank says the outbreak of the COVID-19 pandemic is expected to push five million more Nigerians into poverty this year as the pandemic is threatening the ability of Nigerian households to generate income to meet their basic consumption needs. Bismarck Rewane, CEO of Financial Derivatives joins me from Lagos for this conversation.
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