Mara Phones has opened a smartphone manufacturing plant in Kigali, a development that is expected to improve access to public services and financial inclusion among other things.
News
How Amazon Sellers Are Supplying Hospitals And First Responders
Amid massive shortages, Amazon is only allowing hospitals and government agencies to order items like N95 masks and COVID-19 diagnostic kits. Now, third-party sellers on Amazon are stepping up to help, and repositioning their small businesses to surv
Why business should not throw in the towel in the face of COVID-19
“I would like to appeal to all large businesses not to resort to force majeure and stop paying their suppliers and rental commitments , as such practice has a domino effect on all other businesses dependent on that chain,”
SA extends lockdown by two weeks until end April
South Africa's President Cyril Ramaphosa on Thursday evening extended the country's lockdown by two weeks until the...
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Featured
COVID-19: Moody’s downgrades Zambia from stable to negative
Africa will tread a tough road ahead as ratings agencies throw its iron fists upon African countries amid the COVID-19 crisis and economic disruptions impact private sector activity in Sub- Saharan Africa. Ridle Markus, Africa Strategist at Absa Corporate and Investment Banking joins CNBC Africa for more.
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Coronavirus
COVID-19: Trump hold on finances would hurt our work in Africa – WHO.
"If that decision is made it would severely impact our work here in Africa,” says Moeti.
Videos
Update on Rupert family’s R1bn COVID-19 fund
This week Johann Rupert’s R1billion Sukuma fund had to close doors on desperate small businesses wanting help to fight the impact of COVID-19 lockdowns.
Coronavirus
World Bank considers debt relief for Africa to fight COVID-19
The World Bank expects COVID-19 to cost Sub-Saharan Africa up to $79 billion in lost output in 2020, plunging the region into its first recession in a quarter of a century. World Bank’s Chief Economist for Africa, Albert Zeufack joins CNBC Africa for more.
Analyst Interviews
Why China will be least hit by capital exodus from emerging markets
The COVID-19 shock has fuelled the biggest capital outflows from emerging markets on record in the first quarter, and the situation is unlikely to improve for the rest of the year. That’s according to research from the Institute of International Finance. Elina Ribakova, Deputy Chief Economist from the (IFF) Institute of International Finance joins CNBC Africa for more.
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More Articles Like This
Update on Rupert family’s R1bn COVID-19 fund
This week Johann Rupert’s R1billion Sukuma fund had to close doors on desperate small businesses wanting help to fight the impact of COVID-19 lockdowns.
World Bank considers debt relief for Africa to fight COVID-19
The World Bank expects COVID-19 to cost Sub-Saharan Africa up to $79 billion in lost output in 2020, plunging the region into its first recession in a quarter of a century. World Bank’s Chief Economist for Africa, Albert Zeufack joins CNBC Africa for more.
Why China will be least hit by capital exodus from emerging markets
The COVID-19 shock has fuelled the biggest capital outflows from emerging markets on record in the first quarter, and the situation is unlikely to improve for the rest of the year. That’s according to research from the Institute of International Finance. Elina Ribakova, Deputy Chief Economist from the (IFF) Institute of International Finance joins CNBC Africa for more.
I&M Bank Rwanda reduces interest rates by 0.5% to cushion customers from COVID-19
In an attempt to ease the burden of high interest costs on customers affected by the COVID-19 pandemic, I&M Bank Rwanda has reduced their interest rates by 0.5 per cent. CNBC Africa spoke to CEO, Robin Bairstow for more.
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