Retail-focused cryptocurrency exchange Luno, says the legality of Bitcoin and other crypto-assets varies significantly across Africa as over 60 per cent of African governments are yet to clarify their position. They also describe Africa as one of the most promising regions for the adoption of cryptocurrencies. Luno’s General Manager for Africa, Marius Reitz joins CNBC Africa’s Esther Awoniyi to discuss the state of crypto regulation on the continent.
The abandoned National Stadium, Lagos, is finally getting attention decades after neglect and original design altered. Demolition trucks have been working inside the complex for two weeks, pulling down illegal structures that once adorned what used to be one of the best sports facilities in Africa.
Endeavor in partnership with Nigerian data collection company, Stears say 84 per cent of start-ups have reported disruptions to their fundraising efforts due to the Covid-19 pandemic, with 79 per cent of start-ups having less than a six-month buffer for their operations. This was in a jointly published white paper. Eloho Omame, Managing Director and CEO of Endeavor Nigeria joins CNBC Africa’s Wole Famurewa for more.
As the Global Center on Adaptation extends its footprint to Africa, Chairman of the Board and the 8th Secretary-General of the United Nations, Ban Ki-Moon joined CNBC Africa’s Kenneth Igbomor to discuss how the GCA plans to operate in Africa.
The Global Center on Adaptation works with both the public and private sector as a broker to speed up action and support adaptation solutions in a bid to build a more climate-resilient future for the world. Patrick Verkooijen the CEO and Chair of the Executive Board of the Global Center on Adaptation joins CNBC Africa’s Christy Cole and Kayode Akindele, Partner at TIA Capital to discuss their plans for Africa as they launch their regional office in Africa.