Nigeria extends suspension of new electricity tariff by one week
The Nigerian government and labour unions have agreed to extend the suspension of the new service-based electricity tariffs by one week.
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Kigali International Finance Centre signed a deal with the French Public Investment Bank to enhance the competitiveness of the business sector in both countries. Gwladys Watrin, Investor Relations -North Africa & Europe at Rwanda Finance limited joins CNBC Africa for more.
COVID-19 has accelerated the need for digitisation in the workspace – bringing both challenges and opportunities. In its latest future of work report, the World Economic Forum expects advances in artificial intelligence to eliminate 85 million jobs by 2025. In the same breath, the rise of machines is projected to create 97 million new jobs, leading to an overall addition of 12 million jobs. CNBC Africa spoke to Saadia Zahidi, Manging Director of the World Economic Forum for more.
Clicks reported a jump in full year earnings, declaring a final dividend of 450 cents per share. The company was deemed an essential service during lockdown, with its stores stayed open. With the intention to use its reach and distribution network, Clicks announced that it wants to sell a Covid-19 vaccine once it becomes available. Clicks CEO, Vikesh Ramsunder joins CNBC Africa for more.
On Tuesday violence erupted in Lagos, Nigeria. Some military personnel fired at youths protesting over police brutality and deep-rooted social injustices. CNBC Africa’s Kenneth Igbomor spoke to Nobel Laureate Wole Soyinka about the situation.
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Acknowledged as the world’s largest Africa-focused digital infrastructure and emerging tech event, the Africa Tech Festival has always attracted a stellar line-up of critical thinkers, analysts, futurists, keynote and inspirational speakers. 2020 will more than deliver on that reputation, with a stimulating array of visionary industry presenters, raconteurs and even some sporting greats.
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