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Browsing: Business & Economy
GHANA’S finance minister Ken Ofori-Atta will travel to Beijing on Wednesday to meet Chinese officials to discuss a proposed restructuring…
DEBT restructuring programmes in Ghana and Zambia are going in ‘diverging directions’ due to Zambia’s larger exposure to Chinese lenders…
THE South African government has welcomed the State Visit by Tanzanian President Samia Suluhu Hassan, and acknowledged her nation’s significant…
HUTCHISON Ports, the global port operator, has announced a significant investment in Ain Sokhna Port, Egypt’s major port, and B100,…
XUE Bing, Special Envoy for the Horn of Africa Affairs of the Chinese Ministry of Foreign Affairs, on Tuesday refuted…
GHANA’S consumer inflation slowed to 52.8 percent year on year in February from 53.6 percent in January, the statistics service…
KENYA and the World Bank have increased the amount under discussion for a potential budget support loan this fiscal year…
MOZAMBIQUE’S economic recovery is picking up steam, with growth reaching 4.1 percent in 2022, despite global economic headwinds marked by…
CAMEROON is hopeful that its economy will recover faster following the approval of a loan by International Monetary Fund (IMF),…
UK Prime Minister Rishi Sunak will host a UK-African Investment Summit (UK-AIS) in London on April 23 to 24 2024.…
GHANA is on course for IMF staff to present the organisation’s executive board with Ghana’s request for a loan programme…
A PANEL of investors on Friday determined that a credit event had occurred with respect to Ghana, triggering payments of…
ECOBANK Transnational Incorporated (ETI), the parent company of the Ecobank Group, the leading pan-African banking group, is pleased to announce…
GHANA’S finance ministry said on Thursday that a Chinese delegation had ended a three-day visit to discuss Ghana’s request for…
VISA Foundation announced at the 10th Africa Sankalp Forum in Nairobi, Kenya, on Thursday a $1 million grant partnership with…
THE Co-Financing, Syndications and Client Solutions Department of the African Development Bank (AfDB) has met with London-based insurers to galvanise…
Africa’s average GDP growth to stabilise in 2023-204, despite recent headwinds, says new AfDB report
AFRICAN economies remain resilient with a stable outlook in 2023-2024, despite the tightening global financial conditions, the African Development Bank…
HUNDREDS of traders in the Kenyan capital Nairobi took to the streets on Tuesday to protest what they called China’s…
PRESIDENT Cyril Ramaphosa says that steady progress has been made in resolving some of the challenges relating to trade and…
THE International Finance Corporation (IFC), the World Bank’s investment arm, said on Monday it would invest €242 million ($256 million)…