Why Africa needs to harness the digital economy
23 May 2019 | 3:13 pm
At the 5th Regional Forum for the Partnership for Skills in Applied Sciences, Engineering and Technology (PASET) happening in Kigali, African countries are encouraged to invest in digital skills among the youth in higher learning institutions and TVETs to harness the potential of technologies. CNBC Africa spoke with Hafez Ghanem, Vice President for Africa, World Bank for more on this.
10 Jun 2019
Kigali Center Photography will today inaugurate a 9 day long celebration of photography and the importance of images dubbed “Kigali Photo Fest”, an event created to recognise and nurture photography as an Art. Jackes Nkinzingabo, Founder of Kigali Center for Photography joins CNBC Africa for more.
9 Nov 2019
A World Bank forest rescue program has been given a multi-million "kickstart" by Germany. Norway has done a deal with Gabon that it sustains its tropical forests to absorb carbon dioxide and help avert climate warming.
5 Oct 2019
World Bank to support emerging economies as growth stumbles
31 Mar 2020
The World Bank has warned that almost 24 million more people will remain in poverty this year because of the coronavirus pandemic. In its latest economic forecast, the Bank warned that developing economies in Asia will see sharply lower growth this year, as "significant economic pain" seems unavoidable. Also today, New York's Attorney General has called for an investigation after Amazon sacked a worker in New York who organised a walkout over sanitary conditions at a warehouse in Staten Island.
4 Apr 2020
Several African countries are due to benefit from a nearly $2 billion programme from the World Bank aimed at helping developing countries deal with the effects of the Covid-19 pandemic. Meanwhile, thousands of people across Nigeria have been stranded away from home as states across the country shut their borders in a bid to stop the spread of coronavirus; unease is also ramped up as police are accused of abusing their powers. And finally, poorer communities in Rwanda face yet more hardship to come as the
10 Apr 2020
The coronavirus outbreak is expected to push sub-Saharan Africa into recession in 2020 for the first time in 25 years, the World Bank warns. We speak to the Bank's chief economist for Africa. Also, in the Cameroonian city of Douala, a door-to-door medical inquiry has kicked off in a bid to track down potential carriers of Covid-19. Hospitals are on high alert for a surge in admissions, as our correspondents report. And six scientists in Senegal race to develop a ventilator that can be created locally usi
15 Apr 2020
The World Bank says it expects the economy of sub-Saharan Africa to fall sharply from 2.4 per cent in 2019 to a contraction of between 2.1 to 5.1 per cent in 2020, the first recession in the region over the past 25 years. Femi Oladehin, Partner, Investment Banking at Argentil Capital Partners joins CNBC Africa for more.
20 Apr 2020
We look at how the IMF and the World Bank are planning to alleviate the economic impact of the coronavirus pandemic in Africa. The head of the IMF, Kristalina Georgieva, has been speaking to FRANCE 24
27 May 2020
Here is why you should pick up a copy of The Guardian on Thursday. Find these stories and much more when you grab a copy of The Guardian on the newsstands on Thursday.
13 Jun 2020
The World Bank says the global economy is facing its deepest recession since World War II as a result of the coronavirus pandemic. Advanced economies are set to shrink 5 percent, while emerging economies are facing their first contraction in decades. Franziska Ohnsorge, lead author of the 2020 Global Economic Prospects report, tells FRANCE 24 that millions of people working in an informal capacity could slip into poverty despite government support. Also in the show: BP announces plans to slash 10,000 jobs as OPEC extends its oil production cuts.
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.
7 hours ago
In Africa, greenhouse farming is proving a way of fighting food insecurity and high food prices caused by the Ukrainian war. In Cameroon, this agricultural technique — cultivating crops in an enclosed environment — is helping many families afford food.
7 hours ago
Dubai's high desert dunes attract members of the all-women Grit Girls motorcross team as they brave the summer heat to practice their stunts ahead of the start of next season in September.
7 hours ago
The Nairobi Expressway is a toll road connecting areas in and around the capital, including the international airport. Motorists are complaining about the high price of its tolls.
7 hours ago
Qatar marking 100 days to go to World Cup this week - even if the exact date is still unclear
8 hours ago
It's summer and French vacationers are back on the road, on the rails, and in the air. After two years of suffering through the Covid-19 pandemic, it is time to recharge, rest and take in the sun.