The European Union(EU) has so far invested 26 million euros in the Ghana Employment and Social Protection Programme for the past four years. The Ghana Employment and Social Protection Programme …
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Economy
- Central AfricaEconomyRwanda Daily
Activists demands climate funding for youth-led initiatives ahead of GCF meeting
Climate change activists and conservationists are calling for more funds to be allocated to youth-led initiatives geared toward environmental protection. They also suggest for ‘big funders’ to adopt a policy …
- AfricaAFRICA NEWSEconomyNewsNigeriaWestern Africa
PenCom exempts retirees earning blow N10,000 from pensions
The National Pension Commission (PenCom) says retirees whose retirement savings account (RSA) balances cannot provide a monthly pension of at least one third of minimum wage, can take the whole …
The National Pension Commission (PenCom) has revealed that the total number of registered contributors and the value of pension fund assets in Nigeria stand at 9,795,957 million and N14.27 trillion respectively, …
- AfricaAFRICA NEWSBusinessEconomyEgyptNewsNorth AfricaNorthern AfricaTransportation & Logisitics
Mercedes-Benz Egypt to open logistics hub at SCZONE in 2022
Mercedes-Benz Egypt is getting ready to begin operations at its new logistics hub at the Suez Canal Economic Zone (SCZONE) in Ain Sokhna soon this year, according to a press …
- AfricaAFRICA NEWSEconomyGhanaNewsWestern Africa
Ghana Cedi ranked worst performing currency worldwide after Rupee
The latest report on currency performance by Bloomberg has tagged the Ghana Cedi as the worst performing currency in the world after Sri Lanka’s Rupee. The Ghana cedi has depreciated …
- AfricaAgricultureBusinessEconomyFood ProductionNewsNigeriaWestern Africa
Farm gate purchases: FGN sets up committee to implement ban on foreigners
The federal government of Nigeria has set up an inter-ministerial standing committee to oversee the implementation of a memo on the “Promotion of Agri-Business in Nigeria through Right Farm Gate …
- AfricaAFRICA NEWSBanking, Finance & InvestmentBusinessEconomyNewsNigeriaWestern Africa
CBN Returns Interest Rate On Intervention Loans To 9%
The Central Bank of Nigeria (CBN) has returned the interest rate on all its interventions back to nine percent from five percent a circular that was released by the apex bank …
- BusinessEconomyKenya
Shanta gold describe a net loss of Sh874 million in its West Kenya project last year
Shanta Gold reported a net loss of $7.3 million (Sh874.7 million) in its West Kenya project last year, reflecting the capital expenditure it is making with a goal of starting …
- AfricaAFRICA NEWSBusinessEconomyGhanaNewsWestern Africa
Bank of Ghana raises interest rate to 22%, the highest since 2002
The Bank of Ghana (BOG) has increased its monetary policy rate (MPR) from 19 percent to 22 percent in a bid to curb inflationary pressures and halt the depreciation of …