In this week's edition, we focus on the world's second-most populous nation: India. With the country soon expected to become the hardest hit by Covid-19, experts believe that the outbreak is disproportionately affecting some 40 million children from the poorest Indian families, who are now being pushed into child labour. Our correspondents Suhel Khan, Adil Bhat and Mandakini Gahlot report from New Delhi.
Amsterdam based online remittance service provider Azimo says it has entered into a partnership with China's Alipay. Azimo says despite the World Bank's projection of a 23 per cent decline in remittances in 2020, figures from its operations in Nigeria show a 20 per cent increase, while the number of transfers to bank accounts doubled during the COVID-19 lock-down period. Azimo CEO, Richard Ambrose and Egie Akpata, Director at UCML Capital join CNBC Africa for more.
On the 10th of September, Flour Mills of Nigeria Plc held its 60th annual general meeting in Lagos, Nigeria's commercial capital. Attendance at the event was by proxy and live streaming due to the COVID-19 pandemic and the restrictions on large gathering.
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.
We look at reactions in the papers to Donald Trump admitting that he deliberately misled the US public over coronavirus so as not to create panic. Also, Nafissatou Diallo, the New York hotel maid who accused Dominique Strauss-Kahn of raping her in 2011, breaks her silence over the scandal. In France, a new petition calls for rebel poets Arthur Rimbaud and Paul Verlaine to be buried at the Panthéon. And find out how your favourite soap operas are managing to film intimate scenes while socially distancing!
COVID-19 has disrupted the global business ecosystems with Africa’s hospitality industry not exempted from the effects of the pandemic. The Radisson Hotel Group with just under 100 hotels across Africa is aiming to grow that number to 150 in the next 5 years. Moyo Ogunseinde, Executive Director of Anchorage Leisures, the company that owns Radisson Blu Anchorage joins CNBC Africa for more.
When will there be a vaccine for Covid-19? That's one of the big questions we're all asking right now - and it's a big question for policymakers in Europe too. In this episode of Talking Europe, we ask our panel of MEPs when and how European citizens are likely to get access to vaccines and treatments that would allow a return to some kind of normality.
As countries across the world experience worrying new spikes in Covid-19 infection rates, how close are we to developing an effective vaccine? And how to tackle the growing community of vaccination sceptics? We sit down with Beate Kampmann, Director of The Vaccine Centre at the London School of Hygiene and Tropical Medicine.