Business

Ghana to return to long term domestic borrowing with first 7 year cedi bond since debt crisis

Ghana is preparing to re-enter the long term domestic debt market with a 7 year cedi denominated bond scheduled for issuance on March 30,...

Early warning systems: East Africa’s shield against food crises

A major AfDB-backed regional project is delivering tangible progress in strengthening early warning systems and improving seed production across Burundi, Comoros, Somalia, and South...

Bitcoin falls below $67,000 amid rising yields

Bitcoin has dropped below $67,000 for the first time since early March, extending recent losses as Bitcoin falls another 3% in 24 hours amid...

CBN reforms boost diaspora remittances

CBN reforms aim to end forex monopoly and boost diaspora remittances inflows through greater transparency and access. The Central Bank of Nigeria (CBN) has...

Dangote expands clinker exports to Ghana and Cameroon as domestic demand weakens

Dangote Cement is rapidly strengthening its position as a regional supplier of key construction materials, exporting close to one million tonnes of clinker to...

Ghana and UK push digital trade finance corridor to unlock billions for SMEs

Ghana and the United Kingdom have initiated high level discussions to establish a digital trade finance corridor aimed at tackling one of the most...

Mastercard and Scale deepen fintech push to simplify card issuance across Africa

Mastercard and Scale are expanding their strategic collaboration to simplify card issuance for fintech companies and non financial institutions across key African markets, marking...

Ghana enforces full shift to electronic payments with banks

Ghana has taken a decisive step toward modernising its public financial system after the government signed a service level agreement with the Bank of...

Meta shifts focus to AI and entrepreneurship as metaverse ambitions fade

Meta Platforms is pivoting its strategic direction toward artificial intelligence and small business empowerment, as it scales back its once ambitious push into the...

Fertilizer trade crisis: Iran war threatens Africa’s food security

Rising costs and potential disruptions in global fertilizer trade, triggered by the ongoing war involving Iran and tensions around the Strait of Hormuz, are...

Stablecoins Africa: Billionaire’s deal boosts digital payments

Zimbabwean billionaire Strive Masiyiwa’s Cassava Technologies partners with Circle to expand stablecoins Africa. The digital infrastructure group, Cassava Technologies, has teamed up with US...

Nigerian stocks hold strong above 200,000 milestone

Nigerian stocks hold firm above the 200,000 mark on the All-Share Index as banks drive activity. The Nigerian All-Share Index (ASI) closed higher on...

Financial stocks on sale: Brookfield and Blackstone beckon

Brookfield and Blackstone shares have tumbled on private credit worries, creating attractive entry points for financial stocks. Insight Explains why these financial stocks matter...

Microsoft CapEx surge rattles investors

MSFT has come under pressure recently, closing at $372.74, with notable one-month losses reflecting investor unease over escalating Microsoft CapEx and signals of moderating...

Ghana braces for global shock as BoG warns Middle East conflict could strain liquidity

The Governor of the Bank of Ghana has cautioned that escalating tensions involving the United States, Israel, and Iran could pose fresh risks to...

Women in Nigeria economy: Key to $1 trillion ambition

The Minister of Women Affairs and Social Development, Imaan Sulaiman-Ibrahim, has declared that women in Nigeria economy are indispensable to the country’s bold target...