World Economic Forum: Strategic Outlook: Africa

From the rise of weather-related disasters such as Cyclone Idai to new companies revolutionizing Africa’s gig economy, major trends are affecting the region. How will policymakers, businesses and innovators shape the continent’s future in the coming year?…

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Ivory Coast’s 2020 growth seen sliding to 0.8% due to pandemic

ABIDJAN (Reuters) - Ivory Coast’s gross domestic product growth is expected to slow to 0.8% in 2020 compared to a previous forecast...

Coronavirus – Somalia: Update on COVID-19 in Somalia (7th July 2020)

Download logoNew cases confirmed today: 9 Somaliland: 3 Jubbaland: 3 Puntland: 3 Male: 7 Female: 2 Recovery: 45 Death: 0 Total confirmed cases: 3,015 Total recoveries: 1,096 Total deaths: 92Distributed by APO Group on behalf of Ministry of Health & Human Services, Federal Republic of Somalia.

Madagascar receives USD 2.13 million from African Risk Capacity Insurance Company Limited Policy for Drought Response

The Government of Madagascar today received a symbolic cheque in the amount of USD 2,13 million from the African Risk Capacity Insurance Company Limited (ARC Ltd) to cover anticipated losses to livelihoods of its vulnerable population from the crop failure in the just concluded farming season. The ARC payout is the result of drought insurance taken by the country with the support of the African Development Bank (the Bank) through its flagship programme, Africa Disaster Risk Financing (ADRiFi) Pr

Omnia delivers solid results from a stabilised business

South Africa's biggest fertilizer producer Omnia was profitable in the year to March after extensively restructuring its business units. Omnia CEO, Seelan Gobalsamy joins CNBC Africa to breakdown the results.

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Omnia delivers solid results from a stabilised business

South Africa's biggest fertilizer producer Omnia was profitable in the year to March after extensively restructuring its business units. Omnia CEO, Seelan Gobalsamy joins CNBC Africa to breakdown the results.

South Africa has bad record on keeping budget promises: Fitch

JOHANNESBURG (Reuters) - South Africa has a poor track record of implementing debt and spending reductions plans, ratings firm Fitch said on...

Africa’s top publisher to close South African publications, cut jobs

JOHANNESBURG (Reuters) - South African media and e-commerce group Naspers plans to lay off more than 500 employees and close a number...

Battles rages for control of the National Lottery

Ithuba says Hosken Conslidated Investment's constant legal attacks are an attempt to take back control of the National Lottery from a black business woman. Charmaine Mabuza, Founder and Chief Executive Officer of Ithuba joins CNBC Africa for more.

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Sanlam launches urgent job-preservation initiative in response to COVID-19

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WHO acknowledges ‘evidence emerging’ of airborne spread of COVID-19

But in an open letter to the Geneva-based agency, published on Monday in the Clinical Infectious Diseases journal, 239 scientists in 32 countries outlined evidence that they say shows floating virus particles can infect people who breathe them in.

Zimbabwe’s health minister, accused of corruption, sacked: statement

HARARE (Reuters) - Zimbabwe’s President Emmerson Mnangagwa has sacked health minister Obadiah Moyo with immediate effect for inappropriate conduct, a statement from...

Senegal slave island, moved by George Floyd’s death, renames Europe Square

“But we also said to ourselves...that in another sense it is celebrating the persecutor,” he said. “What happened to George Floyd was the final straw.”

Ivory Coast’s 2020 growth seen sliding to 0.8% due to pandemic

ABIDJAN (Reuters) - Ivory Coast’s gross domestic product growth is expected to slow to 0.8% in 2020 compared to a previous forecast...
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