Ghana’s Treasury Bill Yields: Artificial Decline or Economic Progress? Sharp Drop in T-Bill Rates Raises Concerns Ghana’s treasury bill yields have experienced a significant decline since the beginning of the year. The yield on the 91-day bill has dropped sharply by 12.55% to 15.86%, while the 182-day bill hasContinue Reading
Egypt’s External Debt Sees Record $12.9 Billion Decline in 2024 Central Bank Reforms Drive Significant Debt Reduction Egypt has achieved its largest-ever annual decline in external debt, with figures showing a $12.9 billion reduction in 2024, according to data from the Ministry of Planning, Economic Development, and International Cooperation. TheContinue Reading
Sabrina Elba Champions Ethical Sourcing and Women’s Empowerment in Ghana’s Shea Industry UN Goodwill Ambassador Visits Women-Led Shea Cooperatives in Northern Ghana Sabrina Dhowre Elba, actress, entrepreneur, and UN Goodwill Ambassador for IFAD, has taken a strong stance on ethical sourcing and women’s empowerment following her recent visit to NorthernContinue Reading
Egypt’s Finance Ministry Unveils Economic Stimulus Initiatives and Social Protection Boost Key Measures to Drive Economic Growth The Egyptian Ministry of Finance has announced a comprehensive package of initiatives aimed at stimulating economic activity, strengthening the private sector, and supporting productive industries across the nation. Enhanced Social Protection Spending AccordingContinue Reading
US Tariffs Threaten Lesotho’s Textile Industry and Africa Trade Pact Devastating Blow to Lesotho’s Economy April 5 – Lesotho’s textile sector faces a crisis as new US tariffs impose a 50% tax on exports, potentially crippling the industry that employs thousands. Teboho Kobeli, founder of Afri-Expo Textiles which employs 2,000Continue Reading
Global AI Summit Opens in Rwanda with Ambitious Commitments for Africa President Paul Kagame addressing the opening ceremony of the Global AI Summit in Kigali Africa’s AI Revolution Takes Center Stage in Kigali Kigali has emerged as the epicenter of artificial intelligence discussions in Africa as the continent’s first GlobalContinue Reading
Trump Tariffs Trigger Global Stocks and Dollar Rout Thursday 03rd April, 2025 02:20 PM By Reuters US President Donald Trump. PHOTO/@WhiteHouse/X Global markets plunged on Thursday as President Donald Trump’s aggressive new trade tariffs sparked fears of a worldwide recession, sending investors scrambling for safe-haven assets like government bonds andContinue Reading
6 Banks Paid Over N751 Billion in Taxes to Nigerian Government in 2024 Significant Tax Revenue Growth Recorded Six major Nigerian banks collectively paid N751.796 billion in income taxes to federal and state governments for the 2024 financial year, according to official reports. This represents a staggering 189.9% increase fromContinue Reading
Zambia Increases Copper Exploration to Reach 2031 Goal Ambitious Plans to Boost Copper Production Zambia is taking bold steps to solidify its position as a global copper powerhouse by launching strategic initiatives to increase exploration and production. The nation aims to produce 3.1 million tons of copper annually by 2031,Continue Reading
Plus de cinquante investisseurs des pays nordiques explorent des opportunités au Rwanda Une délégation nordique examine les secteurs porteurs à Kigali Par RNA News L’Ambassadrice du Rwanda en Suède, Dr Diane Gashumba Kigali – Cinquante-trois investisseurs originaires des pays nordiques (Finlande, Suède, Norvège, Danemark) participent actuellement à une réunion deContinue Reading