Inflation in Uganda remains below target, prompting the central bank to keep interest rate at 9.75%.
Uganda’s central bank has held its main interest rate steady for the sixth consecutive meeting, pointing to global economic risks […]
African Stocks
Angola plans major diamond investments with UK mining firm
Efforts are underway for Angola to secure a 20% to 30% shareholding in De Beers, the global diamond powerhouse owned
The Ministry of Agriculture and AAK sign MoU to promote value addition in the shea industry.
AAK Ghana Limited (AAK) has entered into a Memorandum of Understanding (MoU) with the Ministry of Food and Agriculture (MoFA)
Ghana affirms commitment to ethical deployment of AI in military and security operations
Ghana has reaffirmed its commitment to the responsible and ethical use of Artificial Intelligence in military and security operations, stressing the need for human oversight and respect for international law. The assurance was given at the 2026 Responsible Artificial Intelligence in the Military Domain (REAIM) Summit in Spain, where Ghana endorsed global efforts to regulate AI deployment in defence and security to promote peace and protect human dignity.
AU: free movement is essential for AfCFTA to open its full potential
Ama Twum-Amoah of the African Union Commission has warned that AfCFTA cannot succeed without free movement of people. She said mobility is crucial for economic growth, innovation, and empowering women in cross-border trade.
Dubai firm invests $1.6bn to power Africa’s AI data centres and agribusiness expansion
Founded in 2014, the privately held firm is repositioning to address Africa’s growing food security pressures while capitalising on rising demand for digital infrastructure driven by cloud computing and artificial intelligence. The company has already invested about $300 million in land acquisitions and asset-backed projects across the continent, with further funding to be deployed through partnerships and public–private collaborations with African governments.
Ghana Starts Gold Refining, Boosting Resource Sovereignty
Ghana has moved to capture greater value from its gold sector by launching local refining operations for artisanal and small-scale miners.
Vice President Flags Export Struggles Facing African Small Businesses
Vice President Prof. Naana Jane Opoku-Agyemang has expressed concern over the low participation of African SMEs in export trade, noting that fewer than 20 per cent engage in cross-border business. She said financial, regulatory and structural barriers continue to limit the involvement of women and young people, slowing regional trade, industrial growth and job creation across the continent.
Rising import pressures force South Africa’s leading paper company to shut down.
MPact, a major South African paper and plastics manufacturer, has announced plans to proceed with retrenchments as it contemplates closing
President Mahama directs NIB to investigate alleged cash-for-scholarship scheme.
President John Dramani Mahama has ordered the National Investigation Bureau (NIB) to launch an immediate and comprehensive probe into claims