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Africa
Cement retailers commend govt for passage of price regulation LI
Cement retailers in Ghana have expressed support for the new Legislative Instrument (LI) aimed at stabilizing!-->…
Banks begin charging up $20 as fees on foreign currency accounts
Several commercial banks in Ghana have reintroduced charges on foreign exchange accounts, with fees reaching up to!-->…
T-bills target missed for 9th consecutive time; auction falls by GH₵755m
This week, the Ghanaian government fell short of its money market auction target by GH₵755 million, securing!-->…
Secured Loans surge to Gh¢10.8bn in Q2 2024
In the second quarter of 2024, the total value of secured loans granted by banks and Specialized Deposit-Taking!-->…
Sub-Saharan Africa to make 25% of global workforce – Report
Shareholders of PZ Cussons Nigeria are pushing back against the company’s plan to delist from the Nigerian!-->…
Sub-Saharan Africa to make 25% of global workforce – Report
A new report from Bridgewater Associates, Global Citizen, and Harith General Partners reveals that Sub-Saharan!-->…
Nigerian oil grades maintain premium status, Cast light on economy
Nigeria's Brass River, Bonny Light, and Qua Iboe crude oils have surged above the Brent Crude benchmark due to!-->…
Nigeria, Equatorial Guinea sign gas pipeline agreement
On Wednesday in Malabo, Nigeria's President Bola Tinubu and Equatorial Guinea's President Teodoro Mbasogo signed!-->…
United Capital supports first $1.4m corporate bond in S’Leone
United Capital Group has successfully led the issuance of Sierra Leone’s first local currency corporate bond,!-->…
Top mineral resources by African country – EIU
In recent years, the Gulf Cooperation Council (GCC) has increasingly turned its attention to Africa, recognizing!-->…
Gabon President Invites Aliko Dangote to Invest in Cement and Fertilizer
President Brice Oligui Nguema of Gabon has extended an invitation to Aliko Dangote, Africa’s wealthiest!-->…
Protests Erupt in Kenya Over New Tax Increases
Protests have erupted across Kenya following the approval of significant tax increases by lawmakers, which have!-->…
Senegal Joins Oil-Producing Countries, Begins Production
Senegal has achieved a historic milestone by officially commencing oil production, thereby joining the ranks of!-->…
Ghana Faces Three-Week Power Interruption Due to Reduced Gas Supply from Nigeria
Ghana's state-owned electricity company, the Electricity Company of Ghana (ECG), has announced a three-week power!-->…
Food & Beverage West Africa Show Declared a Huge Success with Over 5,000…
The Food & Beverage West Africa Show, organized by BtoB Event, has been deemed a significant success with a!-->…
Shelter Afrique Set to Transform into Dynamic Development Bank at 43rd Annual…
Shelter Afrique Development Bank is set to undergo a significant transformation during its 43rd Annual General!-->…
Global unemployment declines, says ILO
The International Labour Organization (ILO) predicts a small decline in global unemployment for 2024, reaching!-->…
Nigeria Overtakes South Africa as Indonesia’s Top African Investment…
Nigeria has become Indonesia's top investment destination in Africa, surpassing South Africa, with a trade balance!-->…
Uganda in Talks with Chinese Firm for $180m Power Transmission Line to South Sudan
Uganda is in discussions with Chinese company Sinohydro Corporation Limited for the development of a $180 million!-->…
South Africa’s MTN service revenue falls, lowers capex target
MTN Group, Africa's largest telecommunications operator, has disclosed an 18.8% decline in its first-quarter!-->…
Uganda Named Top Investment Destination in Africa, Wins Award at Abu Dhabi…
At the Annual Investment Meeting (AIM) in Abu Dhabi, Uganda was awarded the top investment destination in Africa,!-->…
AU Calls for $15 Billion Investment to Boost Local Fertilizer Manufacturing
The African Union (AU) has highlighted the need for a $15 billion private sector investment to enhance local!-->…
Aliko Dangote Foundation and WEF Announce 2024 Young Global Leaders Fellows
The Aliko Dangote Foundation (ADF) and the World Economic Forum (WEF) have unveiled the gifted individuals!-->…
ECOWAS Agrees to Establish $2.4 Billion Counter-Terrorism Force
The Economic Community of West African States (ECOWAS) has announced plans to establish a standby!-->…
FBNBank Ghana changes to FirstBank Ghana to align with group identity
FBNBank Ghana has announced its name change to FirstBank Ghana, aligning with the identity, values, and vision of!-->…
GoSolr to enhance solar-generation capacity in South Africa
GoSolr, a South African company, plans to increase its solar-generation capacity to 500 megawatts in the next four!-->…
DRC President praises Russia and China for transparent partnerships
Democratic Republic of Congo (DRC) President Felix Tshisekedi has lauded Russia and China for their transparent!-->…
Tanzania, Kenya resolve poultry export dispute- EAC
Tanzania and Kenya have finally resolved a trade dispute regarding the export of poultry and poultry products!-->…
ECOWAS warns West African countries against being proxy frontiers of foreign…
The Economic Community of West African States (ECOWAS) Council of the Wise, chaired by former Nigerian president!-->…
Huawei unveils vision for tech growth in Africa
Huawei has showcased its latest advancements towards ushering in the intelligent era with the theme "Unleash Data!-->…