The Foreign exchange market is the biggest financial market in the world. At least four trillion dollars is traded on currency markets on a daily basis. This market is known for its volatility and high risk nature, which is why it is mostly traded by banks and big corporate. However a young South African trader has managed to crack it. Sandile Shezi has successfully learnt how to trade currencies and at just 23 he's become one of the youngest multi-millionaires in the country. Shezi now wants to empower other young South Africans to do the same. Sumitra Nydoo caught up with him.
Views: 1960852 CGTN Africa
In Uganda, a young entrepreneur is transforming a fruit juice business into a multi-million shilling company. Sam Turyatunga's company manufactures banana and mango fruit juices under the Uhuru Fruit Drinks brand. His products are tapping into the fast growing demand for healthy foods. Hillary Ayesiga reports
Views: 24013 CGTN Africa
Many Zimbabweans have been forced to innovate new ways to make ends meet as they struggle to survive with many being unemployed due to weak economy, many farmers have embraced farming to fend for themselves but in a special way, practicing potato farming -in sacks.
Views: 69440 CGTN Africa
In Nigeria, an 11-year-old artist is creating waves with his unique creations. From a makeshift studio in a poor neighbourhood in Lagos, Waris Kareem produces incredibly life-like works of art. CGTN's Deji Badmus went to check them out. Subscribe to us on YouTube: http://ow.ly/Zvqj30aIsgY Follow us on: Facebook: https://www.facebook.com/cgtnafrica/ Twitter: https://twitter.com/cgtnafrica
Views: 147911 CGTN Africa
A young Nigerian Artist has sparked a huge sensation on social media in that country with his art works.35-year-old Olumide Oresegun's paintings are so life-like that people are now comparing some of his paintings to that of the famous Italian polymath, Leonardo da Vinci. CCTV's Deji Badmus went to check things out for himself at Olumide's art studio in the outskirt of Lagos and brings us this report.
Views: 147536 CGTN Africa
Kenya's new Standard Gauge Railway (SGR) will terminate, south of the city. Passengers can then board the old commuter train to the Central business district. CGTN's Jane Kiyo recently took a tour of the terminus and now tells us what Kenyans can expect Subscribe to us on YouTube: http://ow.ly/Zvqj30aIsgY Follow us on: Facebook: https://www.facebook.com/cgtnafrica/ Twitter: https://twitter.com/cgtnafrica
Views: 112559 CGTN Africa
Angola is rapidly emerging as an economic powerhouse in Africa. That's thanks largely to its oil wealth - and diamonds. Yet its partnership with China is playing a key role in broader economic development.
Views: 61246 CGTN Africa
Cape Verde is a collection of 12 islands off the coast of North-west Africa. Here, foreigners outnumber locals, and 9 percent of the country's GDP comes from expatriates. Cape Verde has few natural resources, little arable land and is prone to drought - just some of the reasons why many residents are desperate to move to greener pastures.
Views: 106423 CGTN Africa
China has proved its commitment to Africa over the years when it comes to infrastructure across the continent. In East Africa, the Standard Gauge Railway project is one of the most ambitious - aiming to eventually link up the entire region. And in China - another kind of rail revolution is underway. Jane Kiyo reports. Subscribe to us on YouTube: http://ow.ly/Zvqj30aIsgY Follow us on: Facebook: https://www.facebook.com/cgtnafrica/ Twitter: https://twitter.com/cgtnafrica
Views: 106222 CGTN Africa
Nigeria's real estate sector is going through a tough time as the country grapples with a recession, and a sharply devalued currency. If there's one city that's taken a direct hit, it's Lagos, the commercial capital. The number of vacant houses, especially at the higher end of the market, has risen sharply over the past year, as Deji Badmus, reports.
Views: 34456 CGTN Africa
Tanzanian farmer Malembo Lucas had a dream of becoming an agribusinessman after completing his diploma course in agriculture. In order to reach that goal he worked at a friend's guesthouse and now owns acres of greenhouses around in Tanzania. He has invested more than $50,000 and hopes to become a billionaire. CGTN's Daniel Kijo has more Subscribe to us on YouTube: http://ow.ly/Zvqj30aIsgY Follow us on: Facebook: https://www.facebook.com/cgtnafrica/ Twitter: https://twitter.com/cgtnafrica
Views: 9524 CGTN Africa
A restaurant in Uganda's capital Kampala is introducing some Somali flavour to the city. As more and more customers grow an appetite for Somali food, the restaurant has become a symbol of change. Somalis living in Uganda hope that they too will be warmly received as perceptions about their country start to change. Leon Ssenyange reports
Views: 43353 CGTN Africa
Mozambique's capital, Maputo, is in the middle of a construction boom. As is often the case elsewhere in sub-Saharan Africa, Chinese companies have played a key role in helping transform the city from its war-torn past.
Views: 68571 CGTN Africa
The great staple of Ethiopian cuisine, injera, is now winning converts further afield. The soft and spongy flat bread made from the grain called teff is in demand from Ethiopians living in the United States. But because of regular flights between Ethiopia and the US capital, locals are getting a chance to sample the real thing too. CCTV's Daniel Ryntjes reports.
Views: 71350 CGTN Africa
Tyre recycling industry is still fairly new in South Africa it was introduced a decade ago to deal with the staggering stockpiles which could be as high as a hundred million tyres. One company is leading the way in reducing the stockpiles by recycling truck tyres. The Mathe Group recently commissioned a $1.5m recycling plant in South Africa's KwaZulu-Natal province. Sumitra Nydoo visited the plant ...
Views: 16632 CGTN Africa
Ethiopian Airlines has made history by becoming the first airline to operate an all-female crew for an intra-African trip. The Boeing 777 aircraft touched down at the Lagos International airport at the weekend with a small celebration on the ground. CGTN's Deji Badmus reports. Subscribe to us on YouTube: http://ow.ly/Zvqj30aIsgY Follow us on: Facebook: https://www.facebook.com/cgtnafrica/ Twitter: https://twitter.com/cgtnafrica
Views: 126909 CGTN Africa
One young Nigerian entrepreneur is using new agricultural technology, while promoting sustainable ways to ensure food security in cities. Angel Adelaja says she's getting a head-start on the future of farming. Sophia Adengo has more.
Views: 16654 CGTN Africa
Bamboo is one of Ethiopia's most under-utilized resources. Currently there are over 1 million hectares of untapped bamboo forest in Ethiopia, Africa's largest bamboo forest. Michael Gebru has now set up a commercial venture, producing various items made out bamboo. CCTV's Girum Chala reports
Views: 41382 CGTN Africa
Somalia's diaspora community has been praised for its role in rebuilding the economy. Since 2012, the country has recorded a sharp rise in the number of people returning from Europe and North America. Abdulaziz Billow brings us the story of a man who runs Mogadishu's first drive-thru fruit and ice cream store.
Views: 31790 CGTN Africa
Snails may not mean much to many people in Africa. But to some farmers in Ghana, commercial snail farming may be the gatepass, out of poverty. CCTV's Peninah Karibe toured one of the snail farms in the West African state, and filed this report about what is now being referred to as Ghana's new gold.
Views: 20454 CGTN Africa
Somalia's capital Mogadishu was once known as the White Pearl of the Indian Ocean. With stretches of white sandy beaches, it was quite the vacation spot...That is until the country fell into chaos. Now as the political and security situation is slowly improving, Somali businessmen are investing millions of dollars trying to revive the country's tourism. CGTN's Clementine Logan has more.
Views: 65819 CGTN Africa
For more than a decade, Zimbabwe's agriculture has been in a slump. New farmers, who had taken over land under the land reform programme, failed to access markets particularly abroad. But now things are changing. In Nyanga, in the eastern part of the country, a successful out-grower scheme is up and running and is feeding-markets in the USA.
Views: 41999 CGTN Africa
A Chinese funded standard gauge railway construction project that connects the Nigerian federal capital Abuja with the country's central commercial hub Kaduna, is nearing completion and is expected to reduce road congestion and the time it takes to travel between the two points. The Abuja Kaduna line, scheduled to be completed by December 2014, is co-funded by the China Exim bank and the government of Nigeria. And as CCTV's Peter Wakaba reports this project is just one of many that are transforming lives in Nigeria.
Views: 191083 CGTN Africa
South Sudan's government has opened a new terminal at Juba International Airport. It's equipped with modern, state-of-the-art facilities and is causing much excitement among South Sudanese. CGTN's Patrick Oyet reports. Subscribe to us on YouTube: http://ow.ly/Zvqj30aIsgY Follow us on: Facebook: https://www.facebook.com/cgtnafrica/ Twitter: https://twitter.com/cgtnafrica
Views: 17673 CGTN Africa
The passion for buying locally made products is growing at a fast pace in Kenya... And these days, importers of designer handbags - both genuine and imitations - are getting a run for their money from local designers... One of them is a young man who has developed a popular bag brand, which thrives on the idea of upcycling. Maria Galang went along to Suave Kenya's workshop to see what makes these bags so special
Views: 16839 CGTN Africa
Leeko Makoene, a South African entrepreneur who started a spicy business of making chilli relishes to make extra money. Chilidido is now a lucrative business and has allowed Leeko to start Made with Rural, a platform that helps small scale rural farmers get to market. CGTN's Julie Scheier got to know more about Makoene´s project and filed this report. Subscribe to us on YouTube: http://ow.ly/Zvqj30aIsgY Follow us on: Facebook: https://www.facebook.com/cgtnafrica/ Twitter: https://twitter.com/cgtnafrica
Views: 6480 CGTN Africa
Over 20 million new cars were purchased in sub-Saharan Africa last year, but despite favourable demand, Africa's local automobile industry is limited to fewer than 10 players. Some are struggling to gain market share, such as Uganda's Kiira motors, Nigeria's Innoson and Kenya's Mobius motors. But real competition in the sector is still just among the global automakers. Uche Okoronkwo takes us to Ghana where the Katanka Group is trying to break down those barriers
Views: 31837 CGTN Africa
The annual market value of produce sold through informal vendors in Kenya's capital, Nairobi is more than 700 million dollars. And there is potential to grow even higher. But producers make a very small fraction of the millions in the value chain as the bulk is shared between middlemen. CCTV's Maria Galang sought out a tech-based business to business delivery service which is looking to solve some of those challenges, and transform the country's micro-vendor food market.
Views: 12416 CGTN Africa
Senegal has commissioned the construction of the country's largest road project since independence in 1960. The contract was awarded to a Chinese company that expressed confidence that construction of the Ila Touba highway should be completed in under 4 years.
Views: 27176 CGTN Africa
Ghana's middle class is expanding despite economic problems that have led the government to seek help from the International Monetary Fund. Local entrepreneurs are seizing the opportunity to feed the appetite of the expanding middle class. In the hospitality sector, running a restaurant is high stress anywhere but owners say it is tougher in Ghana due to irregular power supply. But they're betting on the country's growing appetite for good food.
Views: 16766 CGTN Africa
Entrepreneurs in Somalia's capital Mogadishu want to put an end to chicken imports. This is after a poultry farm was created in northern Mogadishu with hopes of addressing the needs of the many restaurant chains and biscuit making industries.Abdulaziz Billo has that story on grassroots tonigh
Views: 38815 CGTN Africa
Conservation agriculture; a farming technique, that's not only raising harvest-yeilds, but is also raising the quality of life, for the small-scale farmers, who use it. Jiitu Abraham was recently in Zambia and got the chance, to speak, with one farmer... who was able to change her own life and the lives of her children, by switching her farming-practice.
Views: 19953 CGTN Africa
It may come as a surprise to some, but Nairobi is known as the London of Africa. And it's not unusual to see Europeans flocking its streets. More recently, though, more and more Africans have also been making Nairobi their home. CCTV's Maria Galang follows one South African living in the Kenyan capital
Views: 212940 CGTN Africa
South Africa has taken an innovative approach to removing the millions of discarded tyres lying around the nation. Two years ago the government introduced a waste tyre management system. As Sumitra Nydoo reports..under the program businesses pay waste management fees, which are then used to recycle the old tyres.
Views: 18491 CGTN Africa
Barely 24 hours ago, we brought you the story of 81 Somali nationals being deported back to Mogadishu by Kenyan authorities in the wake of a crackdown on illegal immigrants. Today, the Somali government says it is ready and willing to provide for the returnees and many more who may be on the way back. Mogadishu however insists this must be on condition that those returning are doing so voluntarily. Here's CCTV's Mohammed Hirmoge reports.
Views: 511537 CGTN Africa
Years of conflict shut down Somalia's education system, forcing many families to send their children to abroad Some of these students ended up in China.There are currently 1000 Somalis studying in various universities in China. In the latest in our special series on China's return to Somalia, we catch up with two new graduates, who've finally come home.
Views: 55896 CGTN Africa
Kenya lies about 10,000 km away from China. Archaeological evidence shows that back in the 9th century, China was already being traded through the Silk Road to the eastern coast of Africa. Now, China is Kenya's biggest trading partner. The bilateral ties between the two are not limited to China any more. Subscribe to us on YouTube: http://ow.ly/Zvqj30aIsgY Follow us on: Facebook: https://www.facebook.com/cgtnafrica/ Twitter: https://twitter.com/cgtnafrica
Views: 65662 CGTN Africa
Relations between China and Africa are set to reach an all-time high. A recent FOCAC summit agreed to strengthen cooperation, aid and trade at a continental and bilateral level with African states. China is Africa's biggest trading partner and is rapidly emerging as a key source of development aid
Views: 14243 CGTN Africa
Nigeria is aiming to boost passenger traffic at its five international airports to 30 million by the end of this year. That is after completing the construction of five new terminal buildings being handled by Chinese construction firm, CCECC. In the case of the Lagos airport, which the country's biggest, the Federal Airports Authority of Nigeria says the new terminal will significantly ramp up passenger traffic and yield much desired revenue for the government. CCTV's Deji Badmus report
Views: 36546 CGTN Africa
Malian Mamoudou Gassama, who shot to fame after his brave rescue of a four-year-old boy who was hanging off the balcony of a building in Paris, has received an official residency permit.. French President Emmanuel Macron has praised Gassama's exceptional act, and offered him citizenship. Macron thanked the 22-year-old in person at the Elysee Palace on Monday. And suggested the former migrant take up a post in the country's emergency rescue services. CGTN's Elena Casas has more from Paris. Subscribe to us on YouTube: http://ow.ly/Zvqj30aIsgY Follow us on: Facebook: https://www.facebook.com/cgtnafrica/ Twitter: https://twitter.com/cgtnafrica
Views: 31984 CGTN Africa
Somalia has signed a memorandum of understanding with China to join the Belt and Road Initiative. The country's president is in Beijing for the FOCAC Summit - where the somali leader is seeking China's support to rebuilding his country. CGTN's Abdulaziz Billow with more now from Mogadishu. Subscribe to us on YouTube: http://ow.ly/Zvqj30aIsgY Follow us on: Facebook: https://www.facebook.com/cgtnafrica/ Twitter: https://twitter.com/cgtnafrica
Views: 54176 CGTN Africa
Tanzania's president has deployed the country's military to the Mtwara region to execute Operation Cashew Nut. The government has been forced to intervene in a dispute between farmers and traders. It's buying this year's cashew nut harvest directly from farmers. Producers had boycotted the Cashew Nut Board of Tanzania auctions, unsatisfied with the low prices Subscribe to us on YouTube: http://ow.ly/Zvqj30aIsgY Follow us on: Facebook: https://www.facebook.com/cgtnafrica/ Twitter: https://twitter.com/cgtnafrica
Views: 5063 CGTN Africa
Street food in Sudan can be described in 3 words: tasty, convenient, and cheap. It's still popular among residents of the capital, Khartoum, and not even warnings about the potential health risks of buying street food, are putting them off.
Views: 21420 CGTN Africa
While youth unemployment in South Africa continues to be a major problem, many young entrepreneurs are using their imagination to create their own opportunities. Two young men from a township just outside Pretoria have started their own street wear fashion label, and have turned their hustling into profits.
Views: 6535 CGTN Africa
Imagine starting an events company at the age of 22 with nothing but personal savings... well 33 year old, Kenyan-born Kevin Mulei did just that. Find out how the entrepreneur made MoSound Events the biggest creative event production & entertainment company in East Africa.
Views: 8237 CGTN Africa
There is only one fruit and vegetable market a rural North West province in South Africa forcing some farmers to drive for over 200km to reach markets. Perfect opportunity for one fresh produce processor. The founder of Green Buds is bridging that gap by connecting farmers and consumers. His initiative has yielded results that have been commended by the government. CCTV's Yolisa Njamela with the story.
Views: 12321 CGTN Africa
A Ugandan entrepreneur who turned an odd job into a major enterprise is now hoping to inspire other young entrepreneurs to start their own ventures. Charles Nsubuga started his soy food products business from humble beginnings but now produces as much as four hundred metric tonnes of processed cereal products annually. Leon Ssenyange reports. Subscribe to us on YouTube: http://ow.ly/Zvqj30aIsgY Follow us on: Facebook: https://www.facebook.com/cgtnafrica/ Twitter: https://twitter.com/cgtnafrica
Views: 8945 CGTN Africa
A city built on seven hills, Kampala, the capital of Uganda offers an exciting cultural experience for many foreign visitors. Rated by the UN as a country with the happiest people in East Africa, many foreigners find it easy to stay and live comfortably within the city. Michael Baleke reports.
Views: 115069 CGTN Africa