IMF Boss commends Ato Forson for strong commitment to economic reforms
Kristalina Georgieva, Managing Director of the International Monetary Fund (IMF), has praised Ghana’s Finance Minister, Dr. Cassiel Ato Forson, for…
Category: International
Over 70% of Nigerian Shipments to the U.S. Rejected Due to Trump’s Tariff Policy
Since the implementation of Donald Trump’s new tariff policy on April 2, 2025, over 70% of shipments from Nigeria to…
FBI Reports $5.8 Billion in Crypto Investment Scam Losses in 2024, Elderly Most Affected
The FBI’s latest Internet Crime Complaint Center (IC3) report paints a dire picture of the growing threat of cryptocurrency-related scams.…
Jimoh Ibrahim Urges IMF to Anchor African Economic Projections on Empirical Data
At the IMF/World Bank Spring Meetings in Washington DC, Nigerian Senator and business leader Jimoh Ibrahim emphasized the urgent need…
Google Launches 2025 Startups Accelerator for AI Innovations in Africa
Google has announced the opening of applications for its 2025 Google for Startups Accelerator Africa program. This three-month initiative is…
World Bank Partners with Ghana to Create 500,000 Jobs for Youth Annually
The World Bank has announced its commitment to helping Ghana address its youth unemployment crisis through a new Growth and…
EU Slaps €700 Million Fine on Apple and Meta for Breaching Digital Competition Laws
In a significant move on April 23, 2025, the European Union fined Apple and Meta a total of €700 million…
OpenAI Eyes Chrome Acquisition Amid Google Antitrust Trial, Cites AI Competition Stakes
OpenAI has expressed interest in potentially acquiring Google’s Chrome browser if regulators force its sale, according to testimony from ChatGPT…
Flutterwave and Yellow Card Join Circle’s Global Payments Network to Boost Cross-Border Transactions with Stablecoins
Flutterwave and Yellow Card have officially joined the Circle Payments Network (CPN), a major step in transforming how cross-border payments…
IMF Warns of Growing Global Financial Stability Risks Amid Tightening Conditions and Uncertainty
The International Monetary Fund (IMF) has issued a warning about rising global financial stability risks, driven by tighter financial conditions,…
U.S. Regulatory Scrutiny Sparks Fears of Chinese Stock Delisting
Concerns over the potential delisting of Chinese stocks from U.S. exchanges have been reignited, particularly following comments from U.S. Treasury…
Trump Slams Fed Chair Powell, Triggering Market Turmoil and Dollar Slide
U.S. financial markets took a sharp dive on Monday after President Donald Trump publicly lashed out at Federal Reserve Chair…
IMF Cuts Global Growth Forecast for 2025 Amid Escalating Trade Tensions and Policy Uncertainty
The International Monetary Fund (IMF) has downgraded its global growth forecast for 2025, now predicting an expansion of just 2.8%,…
China Warns Nations Against US Trade Deals That Undermine Its Interests
China has issued a stark warning to countries considering trade deals with the United States that could harm its economic…
Arnergy Secures $18M to Scale Solar Energy Access Across Africa
Arnergy, a Nigerian-based leader in distributed renewable energy, has raised $18 million in fresh funding to ramp up solar energy…
Bitcoin Surges to $88,000 Amid U.S. Dollar Weakness and Market Volatility
Bitcoin (BTC) surged past $88,000 on Tuesday, marking its highest price since late March. This significant rise came as the…
Dollar Falls to Lowest Point Since March 2022 Amid Economic Uncertainty
The US dollar experienced a significant depreciation on Monday, hitting its lowest point since March 2022, as investor confidence in…
Philipp Müller Appointed CEO of Blue Earth Capital to Lead Next Growth Phase in Impact Investing
Blue Earth Capital, a prominent impact investor managing over $1.5 billion in assets, has announced the appointment of Philipp Müller…
C2FO Secures $30 Million Funding to Expand into Emerging Markets with IFC Support
C2FO, a US-based working capital platform, has raised $30 million in funding to enhance its technology and expand its services…
Ghana Surpasses IMF Reserve Target Early, Strengthening Economic Outlook
Ghana has successfully exceeded a key milestone in its ongoing IMF program, surpassing its gross international reserve target over a…
Ghana to Face Minimal Economic Impact from New US Tariffs, Fitch Solutions Report
Ghana is expected to experience relatively minor economic disruption from the new US tariffs, according to a report by Fitch…
IFC Provides Financing Package to Cameroon’s First African Company
The International Finance Corporation (IFC), a member of the World Bank Group, has announced a partnership with First African Company…
QED Investors Leads Stitch’s $55 Million Series B
Stitch just secured a massive $55 million Series B funding round, led by major global investors like QED Investors, Flourish…
IMF Urges Ghana and Affected Nations to Accelerate Reforms Amid Trade Tariff Pressures
The International Monetary Fund (IMF) is calling on Ghana and other countries impacted by the United States’ recent 10% trade…
IMF Warns of Global Economic Strain as U.S. Tariffs Fuel Trade Tensions
The International Monetary Fund (IMF) has raised alarms over mounting global trade tensions, cautioning that rising tariffs—particularly from the United…
Hermes To Hike US Prices To Offset Tariff Impact
French luxury brand Hermès announced plans to increase its U.S. prices starting May 1 to counter the impact of a…
Crypto Market Sheds $633.5 Billion in Q1 2025 Amid Recession Jitters and Investor Caution
The crypto market took a serious hit in the first quarter of 2025, losing over $633 billion in market value—a…
Trump’s 90-Day Tariff Pause and Its Global Trade Impact
In a sudden shift, former U.S. President Donald Trump announced a 90-day pause on tariffs, which had previously caused significant…
Stocks Struggle as Fed’s Powell Issues Caution, Euro Dips Ahead of ECB Meeting
European markets faced a decline on Thursday as uncertainty surrounding the global economy persisted. The STOXX 600 index fell 0.4%,…
Google Blocks 5.1 Billion Harmful Ads, Calls for Global Collaboration Against Online Threats
In its 2024 Ads Safety Report, Google revealed its significant efforts to combat online threats, blocking 5.1 billion harmful ads…