Business

We look at the plight of child migrants in the French press and a contentious immigration bill in the UK that prompted a minister to resign over claims it didn't go far enough. Also: papers react to the fourth US Republican primary debate.

On Monday, British oil giant BP and Taiwan's Evergreen became the latest companies to suspend transit in the Red Sea amid drone and missile attacks by Houthi rebels from Yemen. The firms join several of the world's biggest freight companies in avoiding the waterway, though which 12 percent of global trade passes every year. In avoiding the area, ships will have to navigate around southern Africa, potentially adding about 10 days to the journey and hundreds of thousands of dollars in fuel costs.

India is the world's top market for whisky, and now drinkers there are getting a taste for locally produced drams. The shift is shaking up an industry long dominated by Europe's big names.

British inflation plunged in November to its lowest rate in over two years, prompting investors to pile further into bets that the Bank of England will cut interest rates next year.

Sultan al-Jaber has refuted claims he does not believe the world needs to phase out fossil fuels. His comments came after a report in which he claimed development without the use of fossil energy wasn't possible.

The Co-founder and Chairman of Waltersmith Petroman Oil Limited, Abdulrazaq Isa says the future of Nigeria’s oil and gas is value addition. In a chat with CNBC Africa, he notes expansion of the capacity of modular refineries, fertilizer production and increased gas-to power projects are vital to harness the prospects ahead.

The Group President of the African Development Bank, Akinwumi Adesina says Africa with about 6.2 trillion dollars worth of natural resources, 65 per cent of the world’s uncultivated arable land, and a vibrant youth population has no excuse to be poor. He reiterates the continent must look inward urgently to solve its many challenges and prompts citizens to hold governments accountable for poverty

The year 2023 has been mix-bag and has come with many headwinds as well as positives for the Nigerian economy. For investors looking at Africa’s most populous country what are the opportunities and risk associated in this key market? Steve Alain Lawrence, the Chief Investment Officer at Balfour Capital Group says Nigeria is the final economic frontier, he joins CNBC Africa to explore what the future holds for Nigeria next year.

Virgin Atlantic's Flight100 landed in New York on Tuesday, making the journey from London without using fossil fuels, thanks to a mix of renewable biomass and waste fats. This "sustainable aviation fuel" reportedly reduces life-cycle emissions by up to 70 percent but still emits CO2, as FRANCE 24's Bryan Quinn explains.

Household Consumption accounted for the largest share of real Gross Domestic Product at market prices in the first and second quarter of this year according to data from the National Bureau of Statistics. Femi Oladehin, Partner at Àrgentil Capital Partners joins CNBC Africa to unpack the numbers and drivers of inflation in Nigeria.

Following the virtual meeting of OPEC+ ministers, Riyadh announced it would extend its voluntary oil production cut of one million barrels per day until March 2024.

The Lagos State Internal Revenue Service has deployed an upgraded electronic process for the collection of Hotel Occupancy and Restaurants Consumption Tax in the state. How efficient is the process in driving tax revenues? Theo Emuwa, a Partner at Aelex, joins CNBC Africa for this discussion.