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Business

Latest African business news, latest breaking news from Africa.

Business

Ghana cedi makes extraordinary gain in months

Elvis Adjetey -
Ghana's local currency the cedi has gained more than 12% against the US Dollar to hit its strongest level in two and a half...
Business

Nigeria releases new bank notes into circulation

Elvis Adjetey -
Nigeria has released its new currency into circulation in the first such redesign in 20 years. It is expected to address insecurity, tackle counterfeiting and...
Business

Ghana to secure $3 bln IMF loan approval in 2023

Staff Writer -
Ghana expects to secure a $3 billion loan facility from the International Monetary Fund (IMF) by next year, Finance Minister Ken Ofori-Atta said on...
Business

Removing the barriers to remittances in Sub-Saharan Africa

Staff Writer -
In contrast to the global average of 6.8%, the average cost of remittances to Sub-Saharan Africa in 2020 was 8.9% of the transaction's value....
Business

Opinion: Can Africa’s startup sector keep up its record funding run amidst global turmoil?

Staff Writer -
Startups have become vital engines of change that can have an outsized impact on an economy. They are crucial in fueling innovation and enhancing...
Business

NEAR partners with Afropolitan

Staff Writer -
Afropolitan, the first-ever digital nation empowering Africans to build abundant lives, has partnered with the NEAR Foundation , the non-profit that oversees the development...
Business

What you need to know about the AfCFTA Guided Trade Initiative

Staff Writer -
The AfCFTA Guided Trade Initiative (GTI) is the latest development designed to boost trade in the Africa's continent-wide free trade zone. The GTI was launched...
Business

African Energy Chamber demands an end to energy colonialism

Staff Writer -
A kettle boiled twice a day by the rich and luxurious family of radical leftist group Extinction Rebellion's Chloé Farand in the France, uses...
Business

Facebook-owner Meta to cut 11,000 staff

Isaac Kaledzi -
Meta, which owns Facebook, Instagram and WhatsApp, has announced that it will cut 13% of its workforce. The first mass lay-offs in the firm's history...
Business

Ten countries commit to sustainable commodities in Africa

Staff Writer -
Ministers from ten African countries will today sign the Africa Sustainable Commodities Initiative Declaration, a single set of principles for the responsible production of agricultural...
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