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Business

Oil production rise after Middle East conflict tests markets and prices

The oil market is in the spotlight as the global producer coalition known as OPEC+ has agreed to raise crude oil production by 206,000...

Bitcoin climbs above $68,000 after confirmed death of Iran’s Supreme Leader

Bitcoin prices rebounded sharply over the weekend as news spread that Ali Khamenei, the longtime supreme leader of Iran, had been killed during a...

Ghana’s economy surpasses $100bn milestone amid broad based recovery

Ghana’s economy has officially crossed the US$100 billion threshold for the first time, a landmark achievement that reflects a broad based economic recovery, improved...

OmniBSIC Bank celebrates landmark 10th edition of its quarterly health walk

Accra, Ghana — OmniBSIC Bank has successfully hosted the 10th edition (X Edition) of its industry leading Quarterly Health Walk, a flagship initiative that...

Truecaller expands global ad sales reach through exclusive partnership with AnyMind Group

Swedish caller identification and spam blocking platform Truecaller has entered into a strategic direct sales reseller agreement with AnyMind Group, appointing the Asia based...

IFC mobilises US$6bn insurance backed mechanism to boost SME financing

The International Finance Corporation has launched a US$6 billion risk sharing mechanism in partnership with international insurers to expand access to financing for small...

Mistral AI signs strategic partnership with Accenture

French artificial intelligence startup Mistral AI has entered into a partnership with global consulting powerhouse Accenture, expanding its enterprise reach as competition intensifies in...

Nestlé cuts 400 jobs in South Africa as global restructuring trims 16,000 roles

Nestlé has begun issuing retrenchment notices to more than 400 employees in South Africa as part of a sweeping global reorganisation that will see...

Google pays US$1bn for Form Energy’s 100-hour battery to power data centers

Google has agreed to pay US$1 billion to energy storage startup Form Energy for its 100-hour battery systems, a move aimed at strengthening the...

Resumption of work at Tema Oil Refinery bolsters Ghana’s energy security agenda

President John Dramani Mahama has officially announced that the Tema Oil Refinery (TOR) has resumed the processing of crude oil into petroleum products, marking...

Walmart faces US$100m settlement after FTC finds it misled drivers about earnings

Walmart has agreed to pay a US$100 million settlement to resolve allegations from the Federal Trade Commission and a coalition of state attorneys general...

Government sets ambitious goal to increase import cover to 15 months by 2028

The Government of Ghana has unveiled a strategic initiative aimed at significantly strengthening the nation’s external buffers by increasing gross international reserves to the...

Pesalink and PAPSS enable cross-border payments in local currencies for Kenya

Pesalink has partnered with the Pan-African Payment and Settlement System (PAPSS) to facilitate instant, 24/7 cross-border bank-to-bank transfers in local African currencies, marking a...

Amazon rolls out customizable personality styles for Alexa+

Amazon is expanding the capabilities of its upgraded AI assistant Alexa+ with new customizable personality styles, allowing users to tailor how the assistant responds...

Emirates introduces split payment option in Kenya to boost travel flexibility

Emirates has launched a new split payment solution for travelers in Kenya, becoming one of the first international airlines to introduce such functionality in...

Lekki–Ajah road rehabilitation done early – Lagos delivers

Lekki–Ajah Road rehabilitation has reached a key milestone with the Lagos State Government completing the 9km Lagos-bound stretch from Chevron to Admiralty in only...