AfreximBank ends credit rating engagement with Fitch
The African Export-Import Bank (Afreximbank) has ended its credit rating relationship with Fitch Ratings, a decision that is expected to […]
African Markets
Naira closes week at N1,421.9/$ despite global dollar weakness
The naira ended the trading week weaker at the official foreign exchange market, closing at N1,421.9 per dollar as domestic
Star Oil is leaving as a minority voice, not because it was sidelined – COMAC Boss
The Chairman of the Chamber of Oil Marketing Companies (COMAC) says Star Oil’s decision to suspend its membership was not
COPEC accuses industry of victimising Star Oil over fuel price stance
The Executive Secretary of the Chamber of Petroleum Consumers (COPEC), Duncan Amoah, has criticised what he describes as the unfair
IMF Africa Director praises Ghana’s gains in power access and living standards
The Director of the African Department at the International Monetary Fund (IMF), Abebe Aemro Selassie, has lauded Ghana for achieving
Star Oil suspends COMAC membership amid price floor dispute
Star Oil Limited has announced the immediate suspension of its membership of the Chamber of Oil Marketing Companies (COMAC), a
NCC licenses six new ISPs as competition intensifies with Starlink, MNOs
The Nigerian Communications Commission has licensed six new Internet Service Providers (ISPs) to operate in Nigeria, effective January 1, 2026,
Ivory Coast to buy entire stockpile of cocoa beans as stocks pile up
Ivory Coast says it will buy the entire volume of cocoa stockpiled by the country’s cooperatives in order to ensure
Nigeria commercial and merchant banks’ loans drop to N52.656trn, lowest in 14 months
Loans provided by commercial and merchant banks in Nigeria dropped to N52.656 trillion in June 2025, marking the lowest level
IFC injects up to $300m to stabilise Ghana’s cocoa supply chain
As Ghana’s cocoa sector grapples with one of its most challenging periods in years, the International Finance Corporation (IFC) says