News from across Africa covering business, markets, policy and development in North, West, East, Central and Southern Africa.
Abuja — The Federal Government’s investigative panel set up to unravel the controversial “naira-for-crude oil” swap deal is expected to reconvene on Monday, March 25, amid growing public concern over …
In a striking turn of events, gold prices have soared to an all-time high globally, as investors seek refuge amid rising economic uncertainties, inflation fears, and fluctuating interest rates. The …
Africa’s digital revolution is accelerating as cryptocurrency adoption surges across the continent, with a recent report revealing that over 100 million Africans are now using crypto assets—and Nigeria leads the …
Tanzania’s payment landscape is rapidly evolving, with a significant surge in electronic transactions inspiring a national shift towards a cashless economy, according to recent reports from financial authorities and tech …
The Asset Management Corporation of Nigeria (AMCON) has renewed its battle to recover a staggering N455 billion debt allegedly owed by Arik Air, one of Nigeria’s formerly leading domestic carriers. …
Ghana is reshaping its aviation landscape as authorities move to repurpose Terminal 2 of the Kotoka International Airport (KIA) to accommodate both domestic and international flight operations. The Ghana Airports …
Amid rising concerns about the profitability of state-owned enterprises (SOEs) across Africa, Ghana has spotlighted its top-performing government-backed businesses – and the numbers are eye-catching. According to fresh data, the …
Ghana’s Finance Minister has stepped up engagement with key financial institutions, holding a crucial dialogue with 22 banks to deliberate on the government’s Domestic Debt Exchange Programme (DDEP), Treasury Bills, …
The Institute of Economic Affairs (IEA) has taken a swipe at Ghana’s proposed 2025 budget projections, describing the 16.1% revenue-to-GDP target as weak and far from ambitious. In a statement …
In a bold move to tackle the nation’s persistent power woes and reduce dependence on fossil fuels, a coalition of Nigerian firms has unveiled a massive $500 million fund targeted …
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