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Africa has a financing gap of $42 billion that if addressed could turn the fortunes of the continent’s small and medium sized businesses. CNBC Africa’s Aby Agina spoke to Victoria Sabula, CEO of AECF for more. 

Unlocking the $42 billion capital gap for SMEs in Africa

Rwanda Stock Exchange got a new listing this week raising prospects of increased activity at the bourse. Mahwi Grain Millers PLC successfully issued a Rwf5 billion bond, a significant milestone for Rwanda's capital markets. 

Mahwi Grain Millers CEO discusses RSE listing, plans for future

Somalia is betting big on it’s National Transformation Plan to build food and climate resilience as the country comes out of the woods after years of conflict and economic turmoil. 

Somalia steps up to ward off climate shocks

Countries in Africa can tap new revenue streams by mechanizing agriculture and setting up frameworks to unlock the immense potential carbon markets hold for the continent’s economies. 

Unlocking carbon credits for African markets 

African countries are at the cusp of turning the corner in building resilient food systems if more private sector capital is deployed in the continent.

Driving private sector capital to fix Africa's food security gaps

At least 20 per cent of Africa’s population goes hungry each year as a result of high food prices and diminishing productivity in farms majorly linked to climate related events. 

Fixing Africa’s commodity price dip 

CNBC Africa’s Aby Agina spoke to Dr. Fred Mugambi Mwirigi, Vice Chair of the African Tax Research Network on strategies that countries can employ to boost tax collection and reduce illicit financial flows. 

How African Countries can smoothen tax collection 

Bayobab Kenya has completed a new fibre optic cable connecting Mombasa to Malaba, boosting internet connectivity in Kenya and neighboring countries. 

MTN Group subsidiary Bayobab eyes East Africa in push to drive earnings 

Africa has made tremendous strides in unlocking financing to drive climate action but there are still hurdles the continent needs to overcome around directing appropriate financing. 

Taking stock of hits & misses in unlocking climate financing in Africa

Africa’s office property market registered a 75 per cent jump in occupancy levels signaling a bounce-back to normalcy after a two-year slowdown majorly linked to the Covid pandemic. 

Knight Frank: Africa's prime office occupancy up 25% in 12 months

Rwanda’s Capital Markets have kicked off the week on a steady trajectory as the market registered heavy liquidity following the recent stance taken by the Central Bank to cut the repo rate by 50 basis points late August. 

Rwandan market update

Global spending in emerging markets for clean energy are on track to hit two trillion US dollars by end of 2024 with investments in power remaining top of the chain for investors. 

Video: CBEA