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Browsing: Business & Economy
ZIMBABWE’S central bank has disclosed a notable gold reserve of 2.5 tons, setting the stage for the introduction of a…
IN a departure from years of sustained growth, the African private capital market experienced a downturn in 2023, reflecting global…
GHANA’S cocoa marketing board, Cocobod, revealed on Wednesday its intention to hike the fixed farmgate price paid to cocoa farmers…
THE US Development Finance Corporation (DFC) has provided clarity on its recent funding initiatives, specifying that the support extended to…
IN a bid to boost transportation infrastructure and foster regional connectivity, the International Development Association (IDA), a division of the…
THE United States unveiled a new initiative aimed at bolstering imports of African specialty foods, recognising the untapped potential in…
AFRICAN countries are poised to spearhead global economic growth in 2024, according to the latest report on Recent Economic and…
IN a landmark development for Uganda’s financial landscape, President Yoweri Museveni officially launched the national operations of Salaam Bank on…
THE Commercial Bank of Ethiopia has successfully reclaimed nearly 80 percent of the cash lost due to a system glitch,…
IN a notable development, the US International Development Finance Corporation (DFC) announced in February its commitment to provide new financing…
IN a landmark announcement, British International Investment (BII) disclosed its commitment to provide a $100 million finance facility to the…
IN an ambitious move towards sustainable transportation, the Ethiopian government has revealed its intention to introduce a staggering 439,000 electric…
THE International Trade Centre (ITC), a United Nations agency focusing on small business trade, presented key policy options aimed at…
BOTSWANA’S Ministry of Trade and Industry has revealed plans for the commencement of trading under the African Continental Free Trade…
Op-Ed: Cocoa beans are in short supply: what this means for farmers, businesses and chocolate lovers
A SHORTAGE of cocoa beans has led to a near shutdown of processing plants in Côte d’Ivoire and Ghana, the…
OFFICIALS announced on Wednesday that funds managed by the African Export-Import Bank (Afrexim) are poised to invest over $450 million…
ETHIOPIA’S largest commercial bank, the Commercial Bank of Ethiopia (CBE), finds itself in turmoil as customers exploit a ‘systems glitch’…
DURING a private meeting on Sunday, IMF chief Kristalina Georgieva cautioned President Nana Akufo-Addo against compromising Ghana’s recovery efforts in…
UGANDA witnessed a remarkable surge in gold exports in 2023, defying US sanctions imposed on a major processor in the…
KRISTALINA Georgieva, IMF Managing Director, provided an optimistic update on Monday regarding the Ghana’s efforts to secure debt relief and…