Ethiopia increases health budget by 46% in response to COVID-19
Concerned at the inefficiencies that the COVID-19 pandemic has exposed in Ethiopia, Prime Minister Abiy Ahmed has announced that the country is increasing its health budget by 46 per cent to respond. Economic Analyst, Samuel Getachew joins CNBC Africa for more.
More from CNBC Africa
The COVID-19 pandemic has had an immense impact on the tourism sector in Africa. However, the crisis has also unlocked numerous opportunities, which if leveraged, can help in the recovery of the sector. CNBC Africa’s Tesi Kaven spoke with the Director of Vatel Rwanda, Nicole Bamukunde for more.
This weekend will see the first El Clasico of the Covid-19 era. With the opening up of the country, this means the return of public viewing in South Africa, and specifically in Johannesburg. 2020 has been a difficult year, not just for football but for the world in general, and this month’s El Clasico will be a unique game in unique circumstances. Marcos Pelegrin, Managing Director of LaLiga South Africa joins CNBC Africa for more.
The number of companies listed on the world’s stock markets has collapsed, over the past two decades. In South Africa, the United States and the United Kingdom the number has been reduced by half. Some have raised their concerns, over what they call a “delisting crisis”. Yet, in many Asian economies, the number of listed companies has doubled. CNBC Africa spoke to Kondi Nkosi, Country Head for South Africa at Schroders to unpack the reasons behind these differences.
Amid escalating unrest in Nigeria, President Muhammadu Buhari addressed the nation last night. Nigerians have been protesting over Police brutality, more specifically abuses by the Special Anti-Robbery Squad. In his first public address on the protests, Buhari said that he is pained by the lives lost in the violence that has ensued. He has called for calm, and for protesters to stand down. Kenneth Igbomor, CNBC Africa’s West Africa Markets Editor unpacks the latest developments.
By Kennedy Mubita, Africa Head, SC Ventures. Imagine a bank whose customers can tap on a wearable device to...
By Kariuki Ngari, CEO & Managing Director, Standard Chartered, Kenya & East Africa COVID-19 has upended the social and...
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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