CNBC Africa

Mayor’s Private Sector Conference

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https://www.youtube.com/watch?v=sYjwT8ErH3U
AFREXIM Bank

Trade and Market Update: Natural Gas and the Geopolitics of Energy

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The Ukraine crisis and Western-led sanctions against Russia are redefining the geopolitics of energy and expanding opportunities for new players. Russia is the world’s second largest producer of natural gas and accounts for about 26 percent…
CNBC Africa

Siemens Named 2022 World’s Corporate Startup Stars

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A total of 100 companies from all over the world have been named winners in the 2022 Corporate Startup Stars awards: 50 as Corporate Startup Stars and 50 companies named Open Innovation Challengers – with Siemens securing the top position. For…

COP15 Kicks off as Alarm Grows Over Falling Wildlife Populations

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A month after the COP27 climate change summit in Egypt, COP15 on Biodiversity kicks off in Canada. The objective for the 196 countries present is to halt the decline of life. And the call for action is urgent. According to the latest…
CNBC Africa

Ghana to Swap Local Debt in Fight to Regain Economic Stability

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Ghana asked investors to exchange around $9 billion in domestic debt for new bonds on Monday (Dec.5) to ease a crunch in payments as the government negotiates an IMF bailout during its worst economic crisis in decades. Finance Minister Kenneth…

Oil: Libya Invites Foreign Companies to Resume Exploration and Production

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The Libyan National Oil Company (NOC) has called on foreign companies active in the hydrocarbon sector to resume exploration and production operations, citing an improved security situation. "The NOC calls on international companies operating…
IGAD

Seven East African Nations Sign IGAD Agreement on Free Movement of People

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East Africa’s Intergovernmental Authority on Development IGAD signed an agreement on the free movement of people Wednesday, as representatives from the eight African countries gathered in the Sudanese capital. In a press conference…
CNBC Africa

Ghana overhaul a test for $1 billion World Bank-backed debt

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Ghana’s debt restructuring plans are set to test a $400 million World Bank guarantee which was designed to provide extra security if the West African country failed to pay. Like other smaller, riskier emerging market countries including…

Sierra Leone: Gas Shortages Forces Taxi Drivers to Turn to Black Market

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Long queues are still being experienced at major petrol stations in Sierra Leone as the west African country grapples with high gas prices and scarcity. The gas prices have nearly doubled compared to the previous year to 1.14 USD. "If…
African Business

AfDB lends €166m for the Dakar-Saint Louis Highway

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  New funding has been approved for the construction of a 200km highway between Dakar and Saint-Louis. The longstanding project, which will connect Senegal’s capital city to its centre for sugar production, and planned hub for…
CNBC Africa

Zambia on Track for Debt Restructuring Next Quarter-Finance Minister

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Zambia is pushing hard to complete the restructuring of nearly $15 billion of external debt in the first quarter of 2023 and is “in active engagement” with its largest bilateral creditor China, Zambia’s finance minister said in an interview…