Ghana inflation falls in June ’25
Ghana's annual consumer inflation slowed for the sixth consecutive month in June, dropping to 13.7 per cent, its…
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Ghana
Egypt’s FM backs Ghana’s W. Africa role
Egyptian Foreign Minister Badr Abdel-Aty has praised Ghana’s positive role in resolving crises across West Africa,…
Ghana expands gold purchase programme
Ghana has signed a deal with 9 additional mining companies to buy 20 per cent of their gold output, expanding a…
Egypt reinforces African alliances at AU executive meetings
Egypt’s Minister of Foreign Affairs Badr Abdel Atty emphasised the country’s dedication to bolstering strategic…
Egypt’s c. bank joins PAPSS to boost intra-African trade
The Central Bank of Egypt (CBE) approved joining the Pan-African Payment and Settlement System (PAPSS) in November…
IFC, Absa to fund African farmers with $50m trade facility
IFC and South Africa's Absa Group are partnering to provide a $50 million trade finance facility to Valency…
UAE, Ghana collaborate on nature-based solutions initiative
The United Arab Emirates (UAE) and Ghana have announced a $30 million partnership aimed at supporting nature-based…
IFC supports Ghana’s $1b solar project
The World Bank’s International Finance Corp. (IFC) is backing a $1 billion solar project by Ghanaian conglomerate…
Egypt reinforces support for NEPAD, African development – PM
Egypt’s Prime Minister, Mostafa Madbouly, reaffirmed Egypt’s commitment to working closely with New Partnership for…
African credit rating agency up in ’25
A credit rating agency tailored to address the specific requirements of Africa’s sovereign borrowers is expected to…
Egypt remains Africa’s top investment destination – UNCTAD
Egypt has been named Africa's top destination for foreign investment for the second consecutive year, according to…
Ghana’s consumer inflation eases in June
Ghana's consumer inflation slowed for the third consecutive month in June, dropping to 22.8 per cent year-on-year…
Sri Lanka reaches agreement to restructure $12.6b in bonds
Sri Lanka has reached an agreement to restructure $12.6 billion in bonds, moving closer to finalising its debt…
Big 5 Construct showcases Egypt’s infrastructure transformation
Egypt's construction and infrastructure sectors are thriving with new cities and mega projects. The sixth edition…
Ghana reaches $13b debt agreement
Ghana and its Eurobond investors have agreed in principle to restructure about $13 billion in dollar bonds, marking…
Ghana likely to maintain current rates
Ghana is expected to maintain the current interest rates to combat high inflation and stabilise the official…
Ghana to announce winner for its first nuclear project soon
Ghana plans to finalise the selection of a company for its first nuclear power plant by December, with contenders…
Ghana fails to reach deal with intl. debtors
Ghana failed to reach a deal with international bondholders to restructure $13 billion of debt, which hinders its…
Paris Club pushes Ethiopia’s IMF deal deadline to June
The Paris Club, a group mainly comprising developed country creditors, reportedly extended Ethiopia's deadline to…
Ghana to expedite discussions on debt restructuring – minister
Ghana's Finance Minister Mohammed Amin Adam expressed the government's desire to expedite discussions on debt…
Africa’s biggest economies likely to hold interest rates
Central banks in Africa’s biggest economies are expected to diverge from their Latin American and European…
Vietnam’s VinFast taps Africa via Ghana
Vietnamese automaker VinFast is partnering with Ghana’s Jospong Group to distribute its electric vehicles (EVs) in…
Africa’s sovereign bond rally continues unabated
Africa's sovereign bond rally continues unabated, with prices reaching nearly two-year highs in countries like…
Africa’s debt to remain above pre-pandemic levels through ’25 – UN official
Africa's public debt is projected to remain elevated above pre-pandemic levels in 2024 and 2025, with numerous…
Ghana to finalise external debt restructuring soon – President
President Nana Akufo-Addo expressed Ghana's commitment to completing the external debt restructuring process as…
Gold Fields increase production outlook
South African Gold Fields increased its forecast of the amount of gold to be produced in 2024 to between 2.33…
Bayer to outsource 3rd party for business in Africa
Germany's Bayer announced that it would hire a third party to distribute its pharmaceuticals in four African…
Infinity power leads 11 country for 5 GW BESS project by 2024
Infinity Power, the largest dedicated renewable energy provider in Africa, has declared that a unique consortium of…
Afreximbank, Hassan Allam sign facility agreement worth $200mln
Africa Export-Import Bank (Afreximbank) signed a facility agreement with Hassan Allam Group worth $200 million on…
Jumia loses 1 million customers in Nigeria, Ghana, Egypt
Jumia, Africa’s e-commerce giant firm has posted its financial results for the second quarter of 2023, showing a…
Egypt’s CBE exchanges cybersecurity experience with Bank of Ghana
A delegation of the Central Bank of Ghana visited the Central Bank of Egypt (CBE), with the aim of exchanging…
Former Twitter Africa employees did not receive payments
Laid-off Twitter Africa employees have not received any severance pay or benefits for over seven months since their…
Top 10 African countries with highest economic mobility based on visa-free travel in 2023
A report done by Henley & Partners which ranks all passports in the world in terms of their Henley Passport…
New malaria vaccine approved in two countries
New malaria vaccine developed by scientists at the University of Oxford has been approved in Ghana and Nigeria this…
Ghana reaches $3 billion IMF staff-level deal
The International Monetary Fund (IMF) and Ghana have reached a staff-level agreement on a three-year programme…
Dior new pre-fall men collection to take place for the first time in Egypt
Globe designer Kim Jones said on Monday that he will hold his next Dior men’s show to Egypt on December 3 against…
Standard Bank-backed fintech Nomanini eyes Ghana, Zimbabwe, Egypt expansions
South Africa’s Nomanini fintech plans to Expand in Ghana, Zimbabwe and Egypt, starting with Zimbabwe and Ghana to…
EgyptAir signs agreement to be partner in new Ghana-based air carrier
Egypt's national carrier EgyptAir has signed on Thursday a memorandum of understanding (MoU) to be a strategic…
State-run carrier EgyptAir to resume flights to Ghana, Nigeria this week
Egypt’s state-run carrier EgyptAir announced on Monday the resumption of flights to Accra and Abuja, the capitals…
Egypt’s Kharafi National planning new $25mn power plant in Ghana
Egypt’s infrastructure contractor Kharafi National has submitted an offer to build a $25 million power plant in…