Egypt’s Central Bank To Cut Interest Rates
21/08/2019Egypt’s central bank is expected to cut key interest rates by around 5 percent until the end of 2020, a chief economist said on Tuesday. But its next gathering could.
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Most Recent News
International
Ghanian President to Take Part In Russia-Africa Summit
21/08/2019President Nana Akufo-Addo has accepted the invitation of President Vladimir Putin to take part in the first Russia-Africa summit due in the Russian Black Sea resort of Sochi in October,.
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Cover Story
Liberian Retail Banking Giants to attend Invest in Africa Summit
14/08/2019Leading Liberian retail banking and infrastructural financing giants, Liberian Bank for Development and Investment will be participating in the Invest in Africa Summit. The bank which is majorly involved in.
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Business
Emerging Markets To Bounce Back After Trade War
09/08/2019Battered emerging market currencies will eventually bounce back from their beating in the past week on worries about the U.S.-led trade war, but risks remain for currencies of commodity exporters.
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Business
MTN Raises $140.24 Million From Asset Sales
09/08/2019MTN Group Ltd has raised 2.1 billion rand ($140.24 million) from asset sales as part of a divestment plan announced in March, Africa’s largest mobile network by subscribers said on.
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Business
Standard Bank Considers New Markets
09/08/2019Africa’s largest bank by assets, Standard Bank, is considering entering new markets – possibly via acquisitions – as its strategy to focus its resources on the continent continues to pay.
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Business
US Trade Rep And AU Commissioner for Trade & Industry Sign Trade Pact
07/08/2019Deputy United States Trade Representative C.J. Mahoney and African Union Commission Commissioner for Trade and Industry Albert Muchanga signed a joint statement concerning trade between the United States and the.
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Economy
Guinean Government Delays Simandou Tender
07/08/2019Guinea has pushed back its deadline to withdraw tender documents for blocks 1 and 2 of Simandou in an effort to boost competition for the world’s largest undeveloped iron ore.
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Business
Uganda’s Stanbic Posts a 37.5% Profit
06/08/2019Uganda’s largest bank Stanbic posted a 37.5% jump in profit before tax for the first half of the year, driven by a surge in credit growth on the back of.
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Economy
Ghana Raises Cocoa Price by 5.2%
06/08/2019Ghana will raise cocoa farmgate prices by 5.2% for the 2019/20 season, the first increase in four years, following strong sales of export contracts to chocolate makers and cocoa houses,.
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