Latest Business News

Ghana’s debt stock up ¢9bn to ¢402.4bn in July 2022 – BoG

This is equivalent to 68% of Gross Domestic Product, and is in

Nigerian oil export terminal had theft line into sea for 9 years

The 4-kilometre (2.5-mile) connection from the Forcados export terminal, which typically exports

Kenya’s Safaricom launches network in Ethiopia as first private operator

Kenya's Safaricom (SCOM.NR) launched its mobile network in Ethiopia on Thursday, becoming

Fuel Queues: Don’t panic, we’ve enough supply in stock – NNPC tells Nigerian

The Nigerian National Petroleum Company Limited (NNPC Ltd) has informed the public

Ghanaian Cedi loses 37.5% in value to dollar as of September 30, 2022 – BoG

At the same time, the cedi had depreciated by 24.1 percent, and

Nigeria Plans 15% Increase in Borrowing to Fund Record Deficit

DESPITE the outcry against frequent borrowing, the federal government Wednesday hinted of

Relief for Tanzanians as fuel prices drop further

Tanzania has announced another drop in fuel pump prices as the global

World Bank downgrades Kenya’s growth to 5 percent

The World Bank has downgraded Kenya’s 2023 growth outlook to 5 percent

If Africa has such an abundance of mineral resources, why are Africans so poor?

That is the age old question. Analysts say that alleged corruption and

World Bank classifies Ghana as high debt distressed country; debt to GDP to hit 104%

According to its October 2022 Africa Pulse Report, debt is expected to