It was a busy week in Africa- with Monetary Policy Committees in Nigeria, Angola, Mozambique, Ghana, Kenya, Egypt and South Africa meeting to discuss whether to hike, cut or halt interest rates.

Nigeria's central bank on Tuesday raised its benchmark lending rate by 100 basis points, while Angola's central bank cut its main interest rate to 18.0% from 19.5%.



In South Africa, the Reserve Bank announced a 25 basis point hike, taking the current prime lending rate to 10.75%.

For more on this, Naledi Moleo spoke to financial analyst and senior partner at Development Finance Associates (DFA), Trevor Hambayi AND Isaac Abotebuno Akolgo who is a Research Associate and PhD Candidate at the Africa Multiple Cluster of Excellence, University of Bayreuth – Germany

It was a busy week in Africa- with Monetary Policy Committees in Nigeria, Angola, Mozambique, Ghana, Kenya, Egypt and South Africa meeting to discuss whether to hike, cut or halt interest rates.
Nigeria's central bank on Tuesday raised its benchmark lending rate by 100 basis points, while Angola's central bank cut its main interest rate to 18.0% from 19.5%.
 
In South Africa, the Reserve Bank announced a 25 basis point hike, taking the current prime lending rate to 10.75%.
For more on this, Naledi Moleo spoke to financial analyst and senior partner at Development Finance Associates (DFA), Trevor Hambayi AND Isaac Abotebuno Akolgo who is a Research Associate and PhD Candidate at the Africa Multiple Cluster of Excellence, University of Bayreuth – Germany

In-depth financial issues, profiling of African businesses doing well internationally, stocks & market updates.

In-depth financial issues, profiling of African businesses doing well internationally, stocks &amp; market updates.

Business Africa

Africa in Business

Africa Monetary Policy Committees Wrap

Provisional results are expected to come out of Rwanda's election later today. Around 9-point-5 million Rwandans are registered to vote in today's presidential election which is expected to extend the rule of President Paul Kagame. Kagame has been in power since 1994. First-time voters say they are voting for Kagame. Thami Ngubeni spoke to Channel Africa reporter, Michael Mbewe.

Provisional results are expected to come out of Rwanda's election later today. Around 9-point-5 million Rwandans are registered to vote in today's presidential election which is expected to extend the rule of President Paul Kagame. Kagame has been in power since 1994. First-time voters say they are voting for Kagame. Thami Ngubeni spoke to Channel Africa reporter, Michael Mbewe.

Around 9.5 million Rwandans are casting a ballot in the presidential election

South Africa's National Treasury Department, the Presidential Climate Commission and the World Bank are hosting a three-day Climate Resilience Symposium aimed at integrating climate goals into macro-fiscal and finance policy. The symposium will also look at the country's National Treasury's contribution to climate action and collaboration in addressing climate change challenges across sectors. Thami Ngubeni spoke to Khwezikazi Windvoel, a Municipal and Project Finance Manager at the Presidential Climate Commission.

South Africa's National Treasury Department, the Presidential Climate Commission and the World Bank are hosting a three-day Climate Resilience Symposium aimed at integrating climate goals into macro-fiscal and finance policy. The symposium will also look at the country's National Treasury's contribution to climate action and collaboration in addressing climate change challenges across sectors. Thami Ngubeni spoke to Khwezikazi Windvoel, a Municipal and Project Finance Manager at the Presidential Climate Commission.

SA's National Treasury Department hosts a  three-day Climate Resilience Symposium

The South African Institute for Aquatic Biodiversity (NRF-SAIAB) and the Food and Agriculture Organisation of the United Nations (FAO) have joined forces for a scientific research initiative aimed at the development of local talent and leadership across Africa for the preservation of fish species across Africa. The two organisations are currently hosting the EAF-Nansen Programme Post-Survey Workshop on Fish Taxonomy Research in Makhanda, in the Eastern Cape province. The workshop has brought together 10 selected fish biology and taxonomy scientists from Mozambique, Kenya and Tanzania for advanced training under the auspices of the EAF-Nansen Programme, which aims to support regional and country-specific efforts to reduce poverty, improve food security, and achieve sustainable fisheries management systems.

Thami Ngubeni spoke to Roger Bills, Senior Curator at the NRF-South African Institute for Aquatic Biodiversity

The South African Institute for Aquatic Biodiversity (NRF-SAIAB) and the Food and Agriculture Organisation of the United Nations (FAO) have joined forces for a scientific research initiative aimed at the development of local talent and leadership across Africa for the preservation of fish species across Africa. The two organisations are currently hosting the EAF-Nansen Programme Post-Survey Workshop on Fish Taxonomy Research in Makhanda, in the Eastern Cape province. The workshop has brought together 10 selected fish biology and taxonomy scientists from Mozambique, Kenya and Tanzania for advanced training under the auspices of the EAF-Nansen Programme, which aims to support regional and country-specific efforts to reduce poverty, improve food security, and achieve sustainable fisheries management systems.
Thami Ngubeni spoke to Roger Bills, Senior Curator at the NRF-South African Institute for Aquatic Biodiversity

Africa Monetary Policy Committees Wrap

In 1 playlist(s)

Africa in Business

Social links

Recent clips