Will a COVID-19 triggered recession, oil price war lead to a depression?

In morning trade oil rose by $1 to around $30 per barrel after the recent sharp declines due to the impact of the covid-19 pandemic and oil price war between Saudi Arabia and Russia, joining CNBC Africa to unpack the oil market outlook as well the global stock market overview is Stephen Innes, Global Chief Markets Strategist at AxiCorp.

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Why Vestact is bullish on tech

Tech stocks have been hitting record highs in recent days, rallying by almost 16 per cent on the S&P 500 this year. Analysts have reported that the major tech companies will rally for as long as they can as investors are insulated from the worst of the Covid-19 market crisis. Byron Lotter, Portfolio Manager at Vestact joins CNBC Africa for more.

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British Prime Minister Boris Johnson and Kenya’s President Uhuru Kenyatta agreed to start negotiations for a post-Brexit trade agreement between the two nations. Economic Analyst, Reginald Kadzuzu joins CNBC Africa for more.

Safaricom, Aviate Networks partner to roll out 5G to remote locations

A $70 million investment deal for cold storage; a partnership to see 5G rolled out to the most remote locations; and the beginning of construction for the Nairobi Railway City; these are the headlines making news in Kenya and CNBC Africa spoke to Journalist, Joseph Bonyo for more.

EU injects additional $17mn to tackle desert locusts ravaging East Africa

The European Union has released an additional 15 million euros to the fight against desert locusts in East Africa ahead of a potential new wave of swarms in the region. This comes after the EU granted 11 million euros back in February of this year for the same. The Food and Agriculture Organisation is one of the bodies set to receive the funds for this and CNBC Africa spoke to Cyril Ferrand, Senior Technical Officer and Team Leader for Eastern Africa Resilience for more.

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