How the US-China trade war is disrupting commodity markets
18 September 2019 | 1:02 pm
The World Bank says agricultural prices are expected to fall 2.6 per cent this year on average, amid ample stocks but foresees a 1.7 per cent rise in 2020 on expected cuts in U.S. crop plantings and higher costs of energy and fertilizers. For a focus on the global commodities market, Damilola Akinbami, Head of Research at Financial Derivatives joins CNBC Africa for more.
6 Jul 2020
The World Bank says the collapse in oil prices coupled with the COVID-19 pandemic is expected to plunge the Nigerian economy into a severe economic recession, the worst since the 1980s. Tilewa Adebajo, CEO of CFG Advisory joins CNBC Africa for more.
8 Jul 2020
The World Bank says the outbreak of the COVID-19 pandemic is expected to push five million more Nigerians into poverty this year as the pandemic is threatening the ability of Nigerian households to generate income to meet their basic consumption needs. Bismarck Rewane, CEO of Financial Derivatives joins me from Lagos for this conversation.
11 Sep 2020
The realities brought about by the COVID-19 pandemic means, Africa has to re-strategize to meet its development needs. As the African Development Bank enters a new chapter with the re-election and swearing-in of Dr Akinwunmi Adesina, Martin Fregene, AfDB’s Director for Agriculture and Agro-Industry joins CNBC Africa to discuss what this means for the bank’s agriculture strategy for Africa.
18 Sep 2020
The Central Bank of Nigeria says it aims to curtail inflation to a level conducive for sustainable growth, while its primary objective for monetary policy remains price and financial system stability. This comes just as Nigeria’s President Mohammadu Buhari asked the Central bank of Nigeria to stop issuing foreign exchange for food and fertilizer imports. Joining CNBC Africa to discuss the implications for Nigeria’s agriculture sector is Kola Masha, Managing Director, Baban Gona.
President Buhari to scrap NNPC, PPPRA in new PIB bill to National Assembly, World Bank approves $20m stimulus fund for Ekiti and more
28 Sep 2020
Here are a few reasons to pick up a copy of The Guardian on Monday. Find these stories and much more when you grab a copy of The Guardian on Monday.
15 Oct 2020
Extreme poverty is set to rise this year for the first time in more than two decades, with coronavirus expected to push up to 115 million people into that category, the World Bank has said.
EndSARS protests turn violent in Osun, Abuja, World Bank backs FG on petrol subsidy removal and more
9 Oct 2020
Here are a few reasons to pick up a copy of The Guardian on Saturday. Find these stories and much more when you grab a copy of The Guardian on Saturday.
13 Nov 2020
President Buhari demands mechanisation of the agriculture sector for youth participation
8 Jan 2021
The World Bank has downgraded its previous prediction for global growth in 2021 to 4 percent. The organisation warned of a subdued recovery that could lag even further if countries do not stem the rise in coronavirus infections and effectively deploy vaccines. The European Union is also starting to look ahead to how to spend its recovery fund – with the largest recipient, Italy, on the brink of political crisis.
1 Feb 2021
The striking farmers have been protesting for months over new agriculture laws that they say will hurt their profits, posing a major challenge to Prime Minister Narendra Modi's government.
18 Feb 2021
Africa has over half of the world's arable land. The continent has huge potential for agricultural production, yet faces the devastating effects of climate change and crop pests. This short documentary looks at what the African Development Bank is doing to boost agriculture through technology.
7 hours ago
Germany's government is planning to allow immigrants multiple citizenships, overturning a decades-long ban. The idea, long standard in many countries, is long overdue say those affected.
7 hours ago
We look at how the French and British papers are covering their nations' World Cup wins, as well as their future face-off in the quarter-finals. We also discuss the possibility of the Iranian morality police being disbanded. The South African press weighs in the political future of President Cyril Ramaphosa.
7 hours ago
A handful of African companies have finally started shipping goods under the long-delayed AfCFTA free trade agreement. They're part of a new initiative to kick-start intra-African trade.
8 hours ago
Church-led marches across the Democratic Republic of Congo saw protesters decry fighting in the country's restive east and condemn neighboring Rwanda for allegedly backing rebels.
8 hours ago
The price cap could make it difficult for Moscow to sell its oil for a higher price. Meanwhile, a senior US intelligence official said the war was at a ''reduced tempo.'' DW has the latest.
8 hours ago
Borussia Dortmund and England midfielder Jude Bellingham is among the hottest talents at the Qatar World Cup. The 19-year-old has the world at his feet ahead of the tournament. Back home, his former coaches are as proud as can be.