Oil Markets Pause as Traders Weigh Supply Outlook and US-Iran Developments
Russia’s Deputy Prime Minister, Alexander Novak, said on Tuesday that the global oil market is currently well balanced, adding that […]
African Stocks
UK Pledges $400 Million to Help Ethiopia Expand GERD-Linked Power Grid
Gridworks, a UK government-supported investor, will fund and develop around $400 million in electricity transmission projects in Ethiopia as the
FDA Cautions Against Purchasing Foods from Vendors Near Open Gutters
The FDA has urged the public to stop buying food sold in unhygienic locations, warning that the practice puts public health at risk. Deputy CEO Roderick Daddey-Adjei said consumers have a key role in driving change, as vendors will be forced to improve hygiene if people refuse to buy unsafe food.
Ghana forfeits $54bn to trade-related illicit flows over a decade
Ghana forfeited an estimated US$54.1 billion to trade-related illicit financial flows between 2013 and 2022, ranking third among Africa’s most affected countries, according to a Global Financial Integrity report. The findings highlight widespread trade misinvoicing, particularly in key export sectors such as gold, cocoa and oil, and warn that without urgent reforms, the losses will continue to undermine the country’s development and economic sovereignty.
Nigeria: Wema, Mutual Benefits, Presco top stock pick this week
Nigerian stocks slightly depreciated by 0.1 per cent last week, driven by profit taking in bank stocks. That leaves the
Zimbabwe Set to Launch Africa’s First Lithium Sulphate Plant, Transforming Mineral Revenue Potential
Zimbabwe is advancing its position as Africa’s top lithium producer with the launch of a lithium sulphate plant, shifting from raw ore exports to high-value refined production. The move, supported by major Chinese investors, is expected to boost industrialization, strengthen the country’s role in clean energy supply chains, and capture greater economic value from its mineral resources.
Zenith Bank Names Charles Boakye Nimako as New Board Chairman
Zenith Bank (Ghana) Ltd has announced the appointment of Charles Boakye Nimako as its new Board Chairman. He succeeds Mrs Freda Yahan Duplan, who has led the Board since 2020, marking a new phase in the Bank’s leadership and governance.
South African Traders Go Global as CoreProTrade Expands International Access
South African retail investors are increasingly seeking exposure to international markets, driven by a desire for diversification, liquidity, and advanced trading tools.
CoreProTrade, a regulated South African brokerage, offers access to CFDs across forex, equities, commodities, and indices without owning the underlying assets.
The platform emphasizes strong compliance, mobile access, and professional-grade infrastructure, catering to a growing segment of sophisticated domestic traders.
Bank NPLs Fall to 18.9% in December 2025, Still High – BoG
Ghana’s bank NPLs fell to 18.9% in December 2025, down from 21.8% last year.
The Bank of Ghana says efforts to tackle bad loans and enforce stricter credit rules are ongoing.
Despite the decline, NPLs remain relatively high.
Indonesia Stock Exchange CEO Resigns Following $84bn Market Loss
The Chief Executive Officer of the Indonesian Stock Exchange (IDX), Iman Rachman, resigned following a sharp market sell-off that erased approximately $84 billion in value over two days amid concerns of a potential downgrade by global index provider MSCI.