AFDB President Adesina says he has a lot of confidence in South Africa

The African Development Bank has launched an independent review of a report into embezzlement allegations against its president. Akinwumi Adesina has the backing of Nigeria for a second term, but the US is not convinced.

The US president offered his first policy proposals on policing and racial inequality since the killing of George Floyd. Trump said the US will not progress by "labeling tens of millions of Americans racists or bigots."

With a 25 per cent to 40 per cent forecast decline in foreign direct investment to Africa, different countries in the region will be looking to reposition themselves to take full advantage of the low FDI flows as a source of revenue that has been hit by the COVID-19 pandemic. Meanwhile, Ministers from the ECOWAS region are calling for a coordinated plan to re-open cross border trading. Sam Chidoka, Managing Director and CEO of Kairos Capital joins CNBC Africa for more.

Unfazed by attacks in the western Balochistan province, Islamabad has extended a $350 million (€306 million) worth copper-gold mine contract to a Chinese company. Separatists claim Beijing is exploiting their resources.

Former wrestler and Hollywood actor Dwayne Johnson teamed up with ex-wife Dany Garcia and investment company RedBird Capital Partners to buy the XFL for $15 million, hours before the bankrupt American football league was set to be auctioned.

The bloc will dedicate €400 million for COVAX, a program to provide global access to an eventual COVID-19 vaccine. European Commission President Ursula von der Leyen confirmed the news, which was welcomed by the WHO.

How West Africa’s investment banking space is coping with COVID-19

From the rally at Nigeria’s equities market, to the mixed sentiments at the Fixed Income markets, Winston Osuchukwu, Co-Founder of Trans-Sahara Investment Corporation joins CNBC Africa’s Kenneth Igbomor to discuss the investment climate in Nigeria.

The town of Ebbw Vale in south Wales has benefitted from hundreds of millions of euros in EU development money in the decades since its steelworks closed, but despite this it voted heavily in favour of Brexit. With the UK's Brexit transition period due to end on December 31, regions like this hope that British government funds will replace the European money. Since 2014, the UK has received 10.6 billion euros in EU Structural Funds.

Rise is an investment company that provides people living in Nigeria with dollar-denominated investments in the US and other markets to enable them to earn returns that make investing worth it. Rise brings the best investments from around the world to everyone in Africa and beyond in order to create wealth for the continent.

Leaders of EU and China have tentatively approved an investment pact that Brussels hopes will open up lucrative opportunities despite concerns about Beijing's record on human rights.

Worries about wealth conservation and border closures in times of political unrest have set the trend for high-net-worth Nigerians to attain a second passport. With a second passport at hand, Nigerians can dramatically increase their personal and economic freedom. Industry trends show that having dual citizenship – or even multiple citizenships – is an essential step to internationalising life.