Category: Uncategorized
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Experts identify opportunities for growth in Africa’s underdeveloped logistics sector
Experts identify opportunities for growth in Africa’s underdeveloped logistics sector (ghanaweb.com) Read more
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Most Liberian pharmacies sell stolen aid drugs – USAid
Most Liberian pharmacies sell stolen aid drugs – USAid (ghanaweb.com) Read more
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China and Russia stand for global governance reforms
China and Russia stand for global governance reforms (ghanaweb.com) Read more
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Forex losses hit currency dealers as CBN slashes BDC rate to N1,117.5/$
Currency dealers yesterday lamented mounting losses and declining dollar demand as the naira appreciated further in the official and parallel markets, following a 12 per cent or N152.23 reduction in bureaux de change, BDC, exchange rate to N1,117.5 per dollar by the Central Bank of Nigeria, CBN. Ban on foreign denominated collaterals Meanwhile, the CBN has… Read more
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African economies to grow at 3.4% in 2024- World Bank
The World Bank has projected that growth will rebound in African economies from 2.6 per cent in 2023 to 3.4 per cent in 2024 and 3.8 per cent in 2025. This is contained in a statement issued by the World Bank on its latest Africa’s Pulse Report, released on Tuesday. The report said increased private consumption and… Read more
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UK company to build Africa’s largest battery storage system
UK company to build Africa’s largest battery storage system (ghanaweb.com) Read more
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Zimbabwe launches new gold-backed currency
Zimbabwe launches new gold-backed currency (ghanaweb.com) Read more
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Nigerian economy records $1.5b inflow within a week – CBN
The Nigerian economy recorded $1.5 billion inflow within a week after the Central Bank of Nigeria (CBN) raised the Monetary Policy Rate (MPR) by 200 basis points to 24.75 percent on Tuesday. The Bank’s Acting Director of Corporate Communications Department, Mrs. Hakama Sidi Ali said in Abuja, yesterday, that the development was an indicarion that … Read more
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Yield-hungry investors to blame for Africa debt crisis
Yield-hungry investors to blame for Africa debt crisis (ghanaweb.com) Read more
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Ethiopian bank recovers over $10m lost during glitch
Ethiopian bank recovers over $10m lost during glitch (ghanaweb.com) Read more