News

IMF says Zambia making progress on economic stability but warns of fiscal pressures

The International Monetary Fund has acknowledged that Zambia has made meaningful progress in restoring macroeconomic stability following years of economic challenges, but the institution...

January records highest-ever air passenger load factor as global demand rises, says IATA

Global air passenger demand began the year on a strong footing, rising 3.8 percent year-on-year in January and pushing average load factors to a...

Mahama highlights Women’s Development Bank as Ghana marks 69th Independence anniversary

John Dramani Mahama highlighted the importance of a Women’s Development Bank as Ghana marked its 69th Independence Anniversary with renewed calls for economic transformation,...

Italy looks to the U.S., Africa, and Azerbaijan for gas amid Qatar supply disruption

Italy is intensifying efforts to secure alternative natural gas supplies from multiple global partners, including the United States, several African producers, and Azerbaijan, following...

Central African Republic explores World Bank support to strengthen digital integration

Central African Republic is seeking support from the World Bank to advance its digital transformation agenda and accelerate the country’s integration into the regional...

Ukraine offers expertise to help counter Iranian drones in the Middle East

Ukrainian President Volodymyr Zelenskyy has indicated that Ukraine is ready to share its expertise in countering Iranian-made drones with international partners, including the United...

Mahama orders centralised procurement of locally produced rice for all schools

John Dramani Mahama has directed that the procurement and supply of rice for schools across Ghana be centralised under the National Food Buffer Stock...

Ghana faces diplomatic pressure from China and the United States over proposed gold royalty increase

Ghana is facing growing diplomatic pressure from major global powers, including China and the United States, to reconsider a proposed increase in gold royalties...

Ghana targets manufacturing boom as Mahama sets 15% GDP goal by 2030

Ghana is intensifying efforts to transform its industrial base, with President John Dramani Mahama setting an ambitious target to increase the contribution of manufacturing...

Ghana cement prices drop by 20% as government credits economic stabilisation

Cement prices in Ghana have recorded a notable decline of approximately 20 percent in recent months, a development the government attributes to improving macroeconomic...

Europe backs Spain after Trump’s trade threats over Iran conflict

The European Union’s executive branch has publicly reaffirmed its support for Spain after U.S. President Donald Trump threatened to cut off trade with Madrid...

Ghana’s NCA moves to remove NGIC’s 5G exclusivity clause to encourage competition

Ghana’s telecommunications regulator, the National Communications Authority (NCA), has initiated steps to amend the licence of Next-Gen Infraco (NGIC) in a move that could...

Eight Sleep raises US$50m at US$1.5bn valuation as sleep tech market heats up

Eight Sleep, a New York‑based sleep technology company, announced that it has raised $50 million in fresh funding at a $1.5 billion valuation, signalling...

U.S. Senate rejects measure to limit Trump’s war powers in expanding Iran conflict

The United States Senate has voted down a resolution aimed at preventing President Donald Trump from continuing military operations against Iran without congressional approval,...

Government lays Community Service Bill before Parliament to reform criminal justice system

The Government of Ghana has formally laid the Community Service Bill before Parliament as part of a broader effort to reform the country’s criminal...

Decagon completes first tender offer at US$4.5bn valuation as AI support demand surges

Decagon, a fast‑growing artificial intelligence‑powered customer support company, has completed its first tender offer at a valuation of US$4.5 billion, marking a significant milestone in...