Ghana began talks with the International Monetary Fund on Monday for an IMF-supported lending programme, the government said in a statement, in a bid to reduce economic hardship that spurred …
The Ghana National Petroleum Commission (GNPC) is set to commence the technical decommissioning of the Saltpond Oil Field in the Central Region. The decommissioning which was announced in 2016 was …
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Egypt’s energy sector represents 13% of GDP
The Egyptian energy sector represents 13 percent of the gross domestic product (GDP) positioning as one of the main factors driving economic and social development, according to the Information and …
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Egypt targets digital exports of $5.5B in 2022/23
Egypt aims to raise its digital exports during the current fiscal year 2022/2023 to $5.5 billion, with an annual increase of 13 percent, according to Reuters. The Assistant Minister of …
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Sterling Bank set to change name after shareholders approve restructuring
Sterling Bank PLC has announced it will take a new name after receiving shareholders’ approval to convert from a core banking business to a holding company. The leadership of the Bank …
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EU/Ugandan Government saga continues as the EU summons TotalEnergies for questioning
The European Union (EU) parliament has emphatically voiced its concerns about the pipeline project the Ugandan and Tanzanian governments are devising. The pipeline which is designed to run through Lake …
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South African Airways slides to a new low in global airlines rankings
South African Airways (SAA) continues to slide down the ranks of the world’s best airlines, dropping for the fourth consecutive year to its worst place on record. Meanwhile, Ethiopian Airlines …
The pound has fallen to a record low against the dollar as markets react to the UK’s biggest tax cuts in 50 years. The development is coming less than a …
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South Africa produces first military aircraft since the 1980s
The Paramount Group has produced and sold the first military aircraft made in South Africa since the 1980s when state-owned arms maker Denel unveiled the Rooivalk, or red falcon, attack …
The United Kingdom (UK) has announced plans to reintroduce tax-free shopping for overseas visitors to boost the country’s retail sector. Kwasi Kwarteng, UK finance minister and chancellor of the Exchequer, …