West African consumer sentiment drops sharply as COVID-19 crisis deepens
By CNBC
20 July 2020 |
9:00 am
Global data analytics company; Nielsen, says the COVID-19 pandemic has led to a sharp drop in consumer sentiment in West Africa in the second quarter of the year. Ged Nooy, Managing Director at Nielsen Nigeria joins CNBC Africa for more.
Related
27 Oct 2021
Group sold 599,027 vehicles in 3rd quarter of 2021, a decrease of 22.3% French carmaker Renault said on Friday it expects a production loss of 500,000 vehicles this year due to a global semiconductor shortage and production shutdowns.
27 Oct 2021
Benefitting from soaring demand for online ads, Google's parent company Alphabet reported nearly $19 billion in profits between July and September, up 68 percent from the same period last year. Microsoft's earnings also beat expectations, while French consumers are gearing up for some price hikes at the bakery.
1 Nov 2021
A dozen suspects were targeted in Ukraine and Switzerland after carrying out "aggressive" attacks against critical infrastructure. More than 1,800 people in 71 countries were affected by their actions.
31 Oct 2021
Heads of state and government gathering for the climate conference in Glasgow will argue over plans to burn fewer fossil fuels, the only way to honor their pledges to protect the planet.
1 Nov 2021
Leaders of G20 nations endorsed a landmark deal to establish a global minimum tax rate. They were, however, at odds on issues like coronavirus vaccines and fighting climate change.
7 Nov 2021
While it took just over a year for the global COVID death toll to hit 2.5 million, the next 2.5 million deaths were recorded over the past eight months as the highly contagious delta variant spread around the world.
2 Nov 2021
At the heart of the climate crisis is a profound injustice: poorer countries are the most vulnerable to climate change and the least responsible for it. According to British charity Oxfam, the poorest half of the world's population accounts for just 10 percent of global carbon emissions. One young leader from the Global South who's in Glasgow for COP26 is Kenyan activist Kevin Mtai, who joined us for Perspective. While Mtai is hopeful about the summit, he said he was disappointed by the presence of corporate sponsors, especially in contrast to the limited access given to climate activists.
5 Nov 2021
After a dramatic drop during the pandemic lockdowns, carbon dioxide emissions are near record levels again, with China's share increasing to nearly a third of the total, researchers say.
9 Nov 2021
Europe has recorded the highest number of COVID-19 infections since the start of the pandemic, followed by Asia. Meanwhile, Germany's incidence rate hit a new record for the second straight day. Follow DW for the latest.
25 Nov 2021
Gbenga Okejimi, World Remit Country Manager (Ghana and Nigeria) speaks to Guardian TV on how World Remit is facilitating global remittances across Africa. WorldRemit is a cross-border digital payments service that provides international money transfer and remittance services in more than 130 countries and over 70 currencies.
29 Nov
International travel picked up over the summer, but Covid-19 is still expected to cost the global tourism industry some €1.8 trillion in 2021. Also, French finance minister Bruno Le Maire remains optimistic about the recovery despite concerns over the Omicron variant, and farmers in India continue their protest movement despite concessions from the government.
5 Dec
The omicron variant of Covid-19 has added a fresh layer of uncertainty to global stock markets. Rabobank's Senior Market Strategist Christian Lawrence talks us through the latest volatility, and what he expects from central banks in the coming weeks. Also in the show: India's coal mines could hamper the country's efforts to reduce carbon emissions.
Latest
7 mins ago
German Chancellor Olaf Scholz is in Niger, continuing a three-country tour of Africa. One of the main motivations is that Germany is interested in new sources of energy. We get analysis from Dr. Douglas Yates of the American Graduate School in Paris. Also, as Hassan Sheikh Mohamud is sworn in as president of Somalia, we take a look at the challenges ahead for him. Elsewhere, it's been a year since the explosion of Mount Nyiragongo near Goma in eastern DR Congo, with many still homeless as a result.
7 mins ago
Austria is dropping its mask wearing mandate for the time being — but expects the measure to be reintroduced after the summer. Swedish officials are also preparing for a new infection spike in autumn. Follow DW for more.
1 hour ago
British coin producer, The Royal Mint, unveiled its £5 coin on Monday (May 23) engraved with Prince William's portrait, in honour of the Duke of Cambridge's 40th birthday on June 21.
1 hour ago
Where do you get oil and gas if you want to end dependence on Russia? Germany imported more than 500,000 barrels of crude oil from Russia every day in 2020. In theory, Iran could step in. But it's complicated.
2 hours ago
The 13-time French Open champion is philosophical about the lack of ranking points on offer at the next Grand Slam, Wimbledon.
2 hours ago
We take you to discover some of France's most remarkable trees. In the village of Lucheux, in the northern Somme region, two triple-centenarian lime trees have intertwined over time to become one. They have even played a part in village history: for the past 300 years, they have shaped the future of married couples. Meanwhile, in the Seine-et-Marne region east of Paris, a Japanese sophora (pictured) arouses wonder and curiosity in observers. It stands in the grounds of a school for teenagers with learning difficulties, who regularly draw the tree.