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Latest African business news, latest breaking news from Africa.
Sierra Leone secures $172 million loan programme from IMF
Sierra Leone has secured a new loan agreement from the International Monetary Fund (IMF).The IMF board has approved a new $172 million loan programme...
Microsoft now most valuable listed company
American Multinational Technology firm, Microsoft has overtaken rival Apple to become the Worlds Most valuable listed company.The last time Microsoft occupied that position was...
Bank of Kigali to raise funds on Nairobi Stock Exchange
The Bank of Kigali has made history by becoming the second East African Bank to list its shares on the Nairobi Stock Exchange.This means...
Ghana to host Company of the Year Competition
Ghana will be hosting the regional Company of the Year Competition 2018, in collaboration with Junior Achievement Africa.The event will take place from 5-7...
Tullow to resume payment of dividend in 2019
Oil Giant Tullow is to resume payment of dividend from next year after halting the payment in 2014. That’s the revelation from its Chief...
Exxon Mobil signs oil exploration deal with Ghana Oil Company
Oil giant Exxon Mobil on Wednesday signed a Joint Operating Agreement with the Ghana Oil Company (GOIL) for Deep water Cape three Points Area...
Ghana rolls out new reforms in Mobile Money services
Ghana has rolled out the second phase of an ongoing reform within its mobile money services sector. It is called the Mobile Money Interoperability...
Power consumers in Ghana unhappy with recent outages
Ghana is experiencing erratic power supply in recent weeks. For weeks now power consumers had to endure outages for several hours across the country.Ghana four...
Ghanaian firm QTG to raise $10mln on London Stock Exchange
The Ghanaian firm Quantum Terminals Group (QTG ) is to raise $10 million through the London Stock Exchange.This is the first tranche of a...
Shell and Eni cited in corrupt $6bn oil deal in Nigeria
Nigeria has reportedly lost $6 billion dollars in a controversial oil deal involving Shell and Italian Oil firm Eni.The two oil giants were dragged...
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