Ghana’s apex bank delivers biggest rate hike
19/08/2022Amid crippling inflation, the Central Bank of Ghana, CBG, has delivered its biggest rate hike ever following a 300 basis point increase to 22 per cent at an emergency meeting.
- 0
Most Recent World News
Economy
Energy
Recent Stories
Nigerian govt. launches App to Monitor crude oil theft
17/08/2022The illegal activities of oil thefts and vandals in Nigeria, Africa’s largest oil producer have recorded a heavy loss of about 200,000 barrels of oil per day – that’s billions.
- 0
Economy
Recent Stories
Currency Volatility/ Inflation: How They Affect Economies in Africa
15/08/2022A currency’s exchange rate is typically determined by the strength or weakness of the underlying economy, As such a currency’s value can fluctuate from one moment to the next. Currency.
- 0
Economy
Recent Stories
U.N.-chartered ship in Ukraine ready for journey to Africa
15/08/2022The United Nations-chartered ship Brave Commander will depart Ukraine for Africa in the coming days after it finishes loading more than 23,000 metric tonnes of wheat in the Ukrainian port.
- 0
Economy
Recent Stories
Malawi Government Gives K462m for Tourism Matching Grants
03/08/2022Minister of Tourism Michael Usi has presented matching grants to 18 successful Tourism operators totalling over K400 million. Speaking during the handover ceremony, Usi said the marching grants are in.
- 0
Economy
Recent Stories
Libya, China review ways of boosting relations
28/07/2022The Deputy Foreign Minister for International Cooperation and Organizations, Omar Keti, received, in his office at the Foreign Ministry in Tripoli, Wang Zhimin, the Chargé d’affaires of China in Libya..
- 0
Economy
Recent Stories
AfDB Board approves $1bn emergency facility to boost food security in Africa
21/07/2022The African Development Bank, AfDB Group’s Board of Directors has approved 24, fast-track programs to help Africa mitigate rising food prices and inflation caused by Russia’s war in Ukraine, climate.
- 0
Economy
Recent Stories
AfDB hails coherence of Morocco’s development plan, resilience of its economy
20/07/2022President of the African Development Bank (AfDB) and Chairman of the Africa50 Board of Directors, Akinwumi Adesina, hailed on Tuesday in Marrakech the coherence of Morocco’s development plan and the.
- 0
Economy
Recent Stories
Nigeria’s Central Bank Raises Interest Rate to 14%
20/07/2022The Monetary Policy Committee of the Central Bank of Nigeria, CBN, has unanimously voted to increase the benchmark interest rate (monetary policy rate) to 14% from 13%, being the second.
- 0
Economy
Recent Stories
‘Gov’t Committed to Ending Electricity Nightmare’ – Finance Minister
19/07/2022The Liberia Minister of Finance and Development Planning, Samuel Tweah, has reiterated the government’s commitment to ending the cycle of insufficient electricity during the dry season. Tweah added that the.
- 0
