Latest Business News

Financial Institutions on APSS Platform, Major Step Towards Africa’s Single Currency – Ghana president

Ghanaian president Nana Addo Dankwa Akufo-Addo has described the number of financial…

Uganda: NSSF Refutes Allegations of Political Interference

Uganda's National Social Security Fund (NSSF) has denied allegations that it is…

Egypt: Banks’ High Yield CDs Accumulate EGP 460million in Less Than a Month

Proceeds from the 25 percent and 22.5 percent saving certificates of deposit…

Cameroon: Government Reach Staff-level Agreement with IMF on a $74.6 million Bailout

The Cameroonian government has reached a staff-level agreement with the International Monetary…

Kenya: Central Bank retains Lending Rate at 8.75%

The Central Bank of Kenya (CBK) has retained the country's base lending…

Ghana has seen some progress with its Domestic Debt Exchange program after a month

One of the initiatives the country established in 2022 was its Domestic…

Nigeria’s credit woes continue as Moody’s issues second downgrade in 3 months

Moody's Investors Service has downgraded the credit ratings of the Nigerian government…

Currency convertibility in Africa costs US$5 billion annually, says Wamkele Mene

The secretary general of the African Continental Free Trade Area (AfCFTA), Wamkele…

Libya’s gas deal with Italy prompts backlash

Key Libyan political figures have rejected an $8bn (£6.4bn) gas production deal…