Economy

Goldman Sachs, a global investment and research firm, has predicted that the Bank of Ghana (BoG) will raise its policy rate by 200 basis points (bp) on Wednesday when it …

Chairman of the General Authority for the Suez Canal Economic Zone (SCZONE) signed a memorandum of understanding (MoU) with Toyota Tsusho Corporation, a member of the Japanese manufacturer Toyota Group, …

The Capital Markets Authority (CMA) has reviewed the credit rating agencies guidelines, in a bid to enhance best practices on the conduct of sovereign or company ratings in Kenya. Following …

The Central Bank of Nigeria (CBN) has raised the interest rate on bank customers’ deposits. According to the Apex Bank, bank customers will be getting at least 4.2 per cent …

Kenya Power will not offer financial payment to homes and businesses that will supply excess solar power to the national grid at their cost. The homes will offset the cost …

Israeli energy companies Enlight Renewable Energy and NewMed Energy signed on Monday a cooperative agreement to jointly develop and operate energy projects in seven countries from the MENA region, including …

Prices of petroleum products are expected to see a rise beginning today, August 16 as part of the adjustments for the 2nd pricing window of August. This was revealed by the …

The Bank of Ghana (BoG) is convening an emergency Monetary Policy Committee meeting on Wednesday, August 17, 2022, over recent challenges faced by the Ghanaian economy. The meeting according to …

Egypt’s unemployment rate stabilized at 7.2 percent of the total labor force during the second quarter of 2022, on a quarter on quarter basis, according to the state-statistic body. The …

Egypt’s total debt service surged 105.76% year-on-year during the third quarter of the fiscal year 2021/2022, recording $6.292 billion, according to data released by the Central Bank of Egypt (CBE). Quarter-on-quarter (QoQ), …