Repositioning Nigeria for investment amid COVID-19
By CNBC
28 June 2020 |
11:00 am
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.
In this article
Related
Related
22 Aug
Doctors and nurses are leaving Nigeria in large numbers. A lack of medical staff has long been a problem, and it's getting worse. DW spoke with some of those who are considering leaving to find out what's motivating their decisions.
24 Aug
ECOWAS sanctions on Niger appear to be a double-edged sword. Many Nigerians living near the border with Niger, which Nigeria shut after the coup, say the economic and humanitarian impacts are enormous.
26 Aug
Twenty-two soldiers of the Nigerian Army killed in an ambush by bandits in Niger state have been buried.
29 Aug
Corporal punishment has long been a fact of life for Nigerian schoolchildren. In Katsina State, officials say school attendance improved after the practice was banned.
1 Sep
The EU foreign ministers met to discuss ways to help West Africa's ECOWAS regional group handle the military takeover in Niger. The meeting came the junta stripped the French ambassador of diplomatic immunity.
2 Sep
It has been a month since the military seized power in Niger. The ECOWAS bloc of African states has imposed sanctions, and access to food is getting scarce in the landlocked country. In the city of Tillaberi, people are feeling the effects.
5 Sep
Hundreds of millions of dollars are pledged to boost African carbon credit production at the opening day of a landmark climate summit for the continent, despite protesters in Nairobi warning the approach is flawed. Also, Gabon's new leader promises elections to restore civilian rule as he is sworn in as president less than a week after toppling his predecessor.
6 Sep
President Bola Tinubu was elected in a closely contested poll in February. The losing candidates have challenged the results citing irregularities.
6 Sep
Exactly six weeks after the coup in Niger, FRANCE 24 interviewed Abdel-Fatau Musah, the West African bloc ECOWAS's Commissioner for Political Affairs, Peace and Security. He insisted that ECOWAS was not discussing any kind of transition with the junta in Niamey and that instead the bloc continued to demand the release of President Mohamed Bazoum and the immediate restoration of constitutional order.
9 Sep
Talk about unexpected U-turns. And it is that José Peseiro is back like he never left as a head coach of the Super Eagles. And of course, that conversation is there for the taking alongside a preview of the all-important games against São Tomé and Príncipe on Sunday.
15 Sep
Nigeria made their debut at the recent Invictus Games. Dismissed by critics as a cynical, expensive spectacle, the Games are a chance for participants suffering from physical and psychological trauma to exchange ideas.
29 Sep
Ile Ife is the cultural center of Nigeria's Yoruba people. Our guide is the leader of the Yoruba king's personal band.
Latest
NOW
Victories in key Indian states put Prime Minister Narendra Modi in a strong position ahead of general elections in 2024. It was a blow for the Indian National Congress, leading an alliance hoping to unseat Modi.
16 mins ago
At least 20 people have been killed by floods after heavy rain in the Manyara region of northern Tanzania, the ministry of health said on Sunday, with video released by the Tanzania Red Cross Society showing muddy waters gushing down streets.
26 mins ago
Spotify, a digital music service, could be seeking to boost its profitability with the move. The Stockholm-headquartered company has never posted a full-year net profit.
1 hour ago
There is league football action to look forward to in the next couple of days; Much Maligned Manchester United goes up against an inconsistent Chelsea, Manchester City faces Aston Villa while Juventus locks horns with Scudetto holders Napoli to begin the Serie A weekend. My name is Ayomide Sotubo and here's our preview of these games on the Nutmeg on Guardian TV.
3 hours ago
Born in South Africa during apartheid, Pretty Yende grew up singing hymns with her grandmother on the way to church. This past May she dazzled Westminster Abbey at the coronation of King Charles, cementing her status as one of the world's most sought-after sopranos. Yende says her journey is proof that nothing is impossible.
3 hours ago
Destruction of the Amazon rainforest has significantly decreased since Luiz Inacio Lula da Silva was reelected Brazil's president. His government has strengthened the agency monitoring illegal deforestation.
×

Get the latest news delivered straight to your inbox every day of the week. Stay informed with the Guardian’s leading coverage of Nigerian and world news, business, technology and sports.