What challenges will the European Union face together with its African partners during the next legislative period? In the light of the migration crisis, Europe has a growing interest in fostering stability and creating opportunities in Africa itself. Do free trade agreements provide solutions that are fair to both sides?
Asoko Insight says Nigeria imported approximately 5.2 million metric tons of wheat in 2018. Meanwhile, Nigeria is the second largest importer of Sugar in Sub-Saharan Africa with an annual import of 620.6 million dollars as at 2017. Damilare Adesola, Research Analyst at Asoko Insight joins CNBC Africa to discuss the cost of Nigeria’s rising sugar and wheat imports.
Aliko Dangote, Africa's richest man wants to make Nigeria independent of oil imports. But the oil refinery he wants to finish in 2020 raises questions about sustainability. The World Bank's IFC gave Dangote a loan, though the UN organization promised to end financial support for oil and gas beyond 2019.