While visiting Shanghai, German Chancellor Olaf Scholz has argued that the European market must be open to Chinese cars. However, he said that competition must be fair.

Some top Nigerian banks are eyeing the international and local capital markets to raise fresh capital in a bid to meet the recapitalisation exercise by the Central Bank of Nigeria. Egie Akpata, Chairman of Skymark Partners joins CNBC Africa to examine options available to banks.

Housing is the social issue of the 21st century, German politicians and experts say time and again. And yet there's no improvement in sight, especially in cities, where affordable housing is in short supply.

According to the International Monetary Fund (IMF), a 10% rise in the dollar on the currency market would push down real gross domestic product (GDP) in emerging economies by 1.9% after one year, with adverse economic effects lasting more than two years

Solomon Islanders began voting on Wednesday in a crucial election that will decide China's foothold in the Pacific region. Polling booths opened at 7 a.m. local time on Wednesday (2000 GMT on Tuesday), with almost 420,000 registered voters to elect 50 members of the national parliament. There are more than 1,000 polling stations scattered across the Solomons archipelago, 2,000 kilometers (1,200 miles) off Australia's coast.

India's mammoth elections are now under way, with Prime Minister Narendra Modi widely expected to win a third term. Since coming to power in 2014, Modi has expanded subsidy programmes for the poor and women. These programmes include measures like equipping homes with butane gas by offering free cylinders or distributing free food rations. Some 60 percent of the population benefits from Modi’s food distribution scheme, which he has pledged to renew for another five years. Another success story is the nationwide rollout of digital payment services. Meanwhile, critics say the prime minister is eroding democracy by targeting opposition parties and controlling the media.