The European Commission on Wednesday announced it is launching an investigation into Chinese public procurement of medical devices.

With the rate of insurgency in Borno State, many lives and families have been severely affected, with thousands being displaced and forced to live in internally displaced camps (IDP). A mother, who has lost neighbors, family, friends, and loved ones still in captivity, shares her heartbreaking experience of living in constant fear. She calls on the government to provide more basic amenities to help her and others in the IDP camp in Chabbol village, Borno state.

The German government revised its economic growth forecast for 2024 marginally from 0.2% to 0.3%, Economy Minister Robert Habeck confirmed on Wednesday afternoon.

Private sector players are urging the Nigerian government to suspend the increase in electricity tariff for band A customers, citing the recent appreciation of the naira, a part of the determining factor for the tariff. Segun Ajayi-Kadir, Director General of the Manufacturers Association of Nigeria, joins CNBC Africa for this and more.

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Boeing said Wednesday that it lost $355 million on falling revenue in the first quarter, another sign of the crisis gripping the aircraft manufacturer as it faces increasing scrutiny over the safety of its planes and accusations of shoddy work from a growing number of whistleblowers.