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Latest African business news, latest breaking news from Africa.
Ghana rakes in 2.25 billion dollars in domestic bonds
Ghana‘s Government has raised about 2.25 billion dollars through various domestic bond issuance.
World Bank Vice President, Makhtar Diop visits Ghana
World Bank Vice President, Makhtar Diop is beginning a two day working visit to Ghana on Tuesday to discuss development challenges.
SA Rand tumbles, S&P downgrades country to ‘junk’
South Africa's rand fell more than 2 percent on Monday to its weakest in almost three months after S&P Global Ratings cut the country's credit score to sub-investment grade with a negative outlook after last week's dismissal of the South African finance minister.
Oil tanker drivers in Nigeria call off strike
Oil tanker drivers in Nigeria have announced an end to their strike. They had gone on strike on Monday agitating over poor working conditions and roads.
World Bank to support Ghana with about 1.2 billion dollars
The World Bank is to support Ghana with about 1.2 billion dollar credit to help finance some critical developmental project.
Oil Tanker drivers in Nigeria go on strike over low pay
Oil tanker drivers in Nigeria have announced their decision to go on strike on Monday. They are agitating over poor working conditions and roads.
Young people could destabilise Africa
A lack of jobs and disillusion with political leaders may form a “toxic brew”, driving more young Africans to migrate or join violent extremist groups, billionaire philanthropist Mo Ibrahim’s foundation said on Friday.
World Bank Chief in Ghana for working visit
The World Bank Chief Economist for the Africa Region Albert Zeufack has held talks with officials in Ghana during a three day working visit.
Zambia switches to 100 percent LED bulbs
Zambia is attempting to convert the nation to energy-saving light emitting diode (LED) lightbulbs to help plug crippling power shortages that have hit mining and agriculture and imposed daily rationing on parts of the country.
Ghana’s president appoints new central bank governor
Ghana’s President Akufo-Addo has appointed a new boss of the country’s central bank, replacing the previous governor, Dr. Abdul Nshiru Issahaku who resigned on Thursday.
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