IMF’s new Managing Director, Kristalina Georgieva says Africa is halfway to achieving the Sustainable Development Goals (SDGs) and needs to accelerate the speed of development to get there. CNBC Africa’s Kenneth Igbomor spoke with her on the sidelines of the International Conference on Sustainable Development and Debt Sustainability in Dakar, Senegal for more.
The World Bank will grant Zimbabwe $7m to help fight the economic damage caused by the Covid-19 pandemic.
As countries across Africa source intervention funds to battle the economic impact of the COVID-19 pandemic, with Nigeria’s economy especially taking a hit from falling oil prices and local currency devaluation, Sam Chidoka, Managing Director and CEO of Kairos Capital joins CNBC Africa to discuss how these events are impacting Nigeria's economy.
Many African countries have been knocking on the International Monetary Fund’s door for financial assistance to fight COVID-19. As the virus prepares to plunge Africa into its deepest recession in decades, how far is the IMF in providing COVID-19 relief to the continent? Kristalina Georgieva, Managing Director, IMF joins CNBC Africa for more....
SA’s economy can move rapidly to level 3 lockdown if no sharp increase in infections: Minister Ebrahim Patel
South Africa's Minister of Economic Development Ebrahim Patel said that the country could rapidly move to phase 3 of lockdown should it avoid a sharp increase in levels of infections as 1.5 million people prepare to return to work as the country enters phase 4.
Subscribe to our newsletter
Sign up for free newsletters and get more CNBC AFRICA delivered to your inbox
More from CNBC Africa
The tide facing Oceana’s first half profits remained constant, with the fishing group recording flat headline earnings per share of 249.8 cents. The strong showing from its African operations was offset by lower fish oil sales and profit from US based Daybrooke. The closure of the Chinese market for live lobster following the Covid-19 outbreak also weighed on results. Oceana CEO, Imraan Soomra joins CNBC Africa for more.
Nobel Prize-winning economist Joseph Stiglitz says U.S. government stimulus programs have failed to help the most vulnerable workers and companies during the coronavirus pandemic. He discusses longer-term challenges facing the U.S. economy and educat
Despite the uncertainties of the Covid-19 pandemic, now could be the best time for global investors underweight exposure to Africa to raise their stakes on the continent, says investment management firm, Adventis. The firm argues that the prospects for investment returns in Africa remain high. Joseph Rohm, MD and Fund Manager at Adventis joins CNBC Africa for more.
Minister in the Presidency Jackson Mthembu said government will challenge a court ruling that found lock-down level 3 and 4 regulations unconstitutional.
Sanlam Emerging Markets and its partners on the African continent invest over $12 million to fight COVID-19
As we go through this global pandemic together, it is the little things we miss. A high five, a handshake, a walk...
CNBC.com's MacKenzie Sigalos brings you the day's top business news headlines. On today's show, CNBC's Phil LeBeau details the beginning of a comeback for airline companies as more flights are added to the summer schedule. And CNBC's Josh Lipton brea
Op-Ed: COVID-19 is likely to lead to a vast increase in youth unemployment in Africa, this is how business can mitigate the damage…
Why business has a greater role to play in mitigating conflict with COVID-19
“Travel bans and containment measures around the world are having a devastating effect on the tourism sector in Mauritius, which was already experiencing sluggish growth in 2019,” writes economist, Shani Smit.
One is left stunned and bewildered that the leader, supposedly of the free world, only interest and concern is for the police to turn on its people, when what is needed and required, is leadership, compassion, understanding, empathy and solidarity at a time of multiple distress, pain and anguish.
- Advertisement -