Harare, Zimbabwe – The Tobacco Industry and Marketing Board (TIMB) has officially confirmed Emmanuel Matsvaire as its substantive Chief Executive Officer, ending his interim tenure which began in September 2022. …
Economy
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Algeria and Spain Relaunch Economic Cooperation with Innovation
After over two years of frozen trade relations and diplomatic tensions, Algeria and Spain are restoring their economic partnership, this time with a clear focus on innovation, joint development, and …
- AfricaDevelopmentEconomyFinance & ServicesGhanaInfrastructureINVESTMENT
AfDB Backs Ghana’s 24-Hour Economy with Support for Industrial Parks
Accra, Ghana – The African Development Bank (AfDB) has thrown its full weight behind Ghana’s flagship 24-Hour Economy initiative, pledging technical, financial, and policy support to accelerate the country’s economic …
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Ghana’s Economic Advisor Begs Nurses to Hold Off Demands Until 2026
Accra, Ghana – Dr. Sharif Mahmud Khalid, Economic Advisor to Ghana’s Vice President, has appealed to nurses and midwives across the country to exercise patience and allow the government time …
- DevelopmentEconomyFinance & ServicesGhanaNewsPoliticsWestern Africa
Fitch Upgrades Ghana’s Credit Rating After Debt Restructuring Progress
Global credit rating agency Fitch Ratings has upgraded Ghana’s long-term foreign currency rating to “B-” from “restricted default” (RD), saying the West African country has made strong progress in resolving …
- AfricaEconomyMarketsNewsSouth Africa
South African Rand Weakens as Israel-Iran Conflict Spooks Global Markets
The South African rand slipped slightly on Tuesday morning as global investors became more cautious, with ongoing tensions in the Middle East continuing to shake financial markets. As of 06:26 …
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JPMorgan Tips Afreximbank Bonds as Attractive Despite Rising Restructuring Risks
The influential U.S. investment bank, JPMorgan Chase, has said it sees a growing chance that Afreximbank could be pulled into debt restructuring processes, especially in countries like Ghana and Zambia, …
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Lagos Young Entrepreneur Awards Set To Celebrate Rising Entrepreneurs
The sixth edition of the Lagos Young Entrepreneur Awards is set to take place this September in Lagos. The award aims to celebrate young people who are making a big …
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ThinkBusiness Africa Counters Push To Raise Sugar-Sweetened
ThinkBusiness Africa has challenged calls to raise the Sugar-Sweetened Beverage (SSB) Tax in Nigeria from N10 per litre to N130 per litre. The group made its position clear in a …
Nigeria’s main crude oil grades — Bonny Light, Brass River, and Qua Iboe — jumped above $77 per barrel on Friday and kept their rise up to Sunday. The price …