How OPEC’s extended supply cut impacts Nigerian oil producers

The World Bank says it expects Nigeria’s oil sector to shrink by 10.6 per cent this year. This comes as the Group Managing Director of the Nigeria National Petroleum Corporation, Mele Kyari says Nigeria has brought down its oil production to 1.412 million barrels per day in compliance with the supply cut agreed on by oil producer club, OPEC and its allies. Abiodun Adesanya, CEO of DegeConek joins CNBC Africa more.

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AfDB forecasts Africa’s growth in 2021

Updated forecasts from the African Development Bank show that Africa’s growth is expected to rebound to 3 per cent by 2021 from a 3.4 per cent contraction in 2020 in the worst-case-scenario. Hanan Morsy, Director for Macroeconomic Forecasting and Research at the AfDB joins CNBC Africa for more.

City Lodge faces resistance to its R1.2bn rights issue. Here’s why

In the wake of COVID-19 many listed companies have offered rights issues in order to raise capital during these trying times, but according to Oasis Asset Management there are good and bad equity issuances. Joining CNBC Africa for more is Adam Ebrahim, CEO of Oasis Asset Management.

Surgo Foundation: Why a young population is Africa’s best defence against coronavirus

Africa’s young population is the best defence against the COVID-19 pandemic, as the COVID-19 mortality rate for key populations has shown age as a factor for hospitalizations. This is according to the latest study by the Africa COVID-19 Community Vulnerability Index; CNBC Africa spoke to Dr. Sema Sgaier, Executive Director at the Surgo Foundation for more.

Professor Shabir Madhi gives update on SA’s first COVID-19 vaccine trials

It’s been almost three weeks since South Africa’s first COVID-19 vaccine trials began, we will be unpacking more on the progress of these trials as well as the latest emerging evidence brought to the attention of the World Health Organization regarding the airborne transmission of COVID-19. Joining CNBC Africa for more is Shabir Madhi, Professor of Vaccinology at the University of Witwatersrand.

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