Lagos-based on-demand taxi app Gokada says it plans to increase daily rides by 10 fold and expand its driver fleet after it secured a Series A fundraise of 5.3 million dollars. Ayodeji Adewunmi, Co-CEO of Gokada joins CNBC Africa for this discussion.
May 29th marked five years since President Muhammadu Buhari took over leadership in Nigeria. One year into his second tenure as president, Vincent Nwani, a Business and Investment Consultant joins CNBC Africa for an economic scorecard of Buhari’s lead administration.
Some former African presidents have shown their support for the president of the African Development Bank, Akinwunmi Adesina. This was in a letter over the 16 count allegations levelled against him to which Adesina had stated his innocence. Although the ethics committee of the board of directors of the continental bank has cleared Adesina of these charges, the United States which is one of the major shareholders of the bank has called for an independent probe into the allegations.
After a one-month hiatus due to the COVID-19 lock-down in Lagos, bus-hailing company, PlentyWaka says they have re-launched their operations and have announced an expansion of their services. Johnny Enagwolor, Managing Director of PlentyWaka joins CNBC Africa to discuss how this pandemic is changing the ride-hailing business in Nigeria.
Law Union and Rock say it has executed a transactional implementation agreement with Kanuri LUR which is a new investor for the acquisition of 100 per cent issued capital of the Company. As Insurance companies in Nigeria race Law Union and Rock towards recapitalisation, Ajibola Olayinka, Non-Executive Director at & Chairman of the Board of the Ad-hoc Committee on Recapitalisation joins CNBC Africa more.
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As the effects of the Covid-19 pandemic continue being felt world over, real estate companies are being impacted in different ways depending on region and asset class. CNBC Africa spoke to Paul Rwigamba, Director of project and property management at Century Real Estate, to understand the impact of the global pandemic on the real estate sector in Rwanda.
As Ghana moves to adopt seamless procedures on the import and export of goods through an electronic customs management system. Yofi Grant, CEO of the Ghana Investment Promotion Centre joins CNBC Africa for more.
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