Here is why you should pick up a copy of The Guardian on Wednesday. Find these stories and much more when you grab a copy of The Guardian on the newsstands on Wednesday.
The International Air Transport Association, IATA, says 2020 will be the worst year for airlines as the industry is expected to post an $84.3 billion net loss. In Africa, IATA notes that the region was the weakest pre-COVID-19 crisis and that the pandemic has added to an already challenging operating environment. Adefunke Adeyemi, Regional Director, Advocacy and Strategic Relations for Africa at IATA joins CNBC Africa to discuss what the future holds for Africa’s air transport.
A wave of independence swept across Africa sixty years ago. This week it’s been the turn of Somalia and the Democratic Republic of Congo to mark their independence. But amid the celebrations there is also time to reflect, regret even mourn what has taken place since gaining self-rule. Somalia, for instance, has seen the state split, a civil war, imposition of sharia law and a rise in piracy and Islamist terrorism.
The Development Bank of Southern Africa, alongside other development finance Institutions, are co-financing Ghana’s COCOBOD Syndicated Loan Agreement with a total of $600 million in a move aimed at boosting Ghana’s cocoa productivity. Mohan Vivekanandan, Group Executive, Origination and Client Coverage at The Development Bank of South Africa joins CNBC Africa for more.
Are calls for the reopening of borders by trade ministers in Africa synonymous with tearing down trade barriers ahead of the postponed implementation of the African Continental Free Trade Agreement now slated for January 2021? Bismarck Rewane, CEO of Financial Derivatives joins CNBC Africa for more.