Ghana’s reference rate drops to 10.03%, signaling lower borrowing costs ahead.
A slight drop in the Ghana Reference Rate (GRR) to 10.03% for May 2026 has been confirmed by the Ghana […]
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Mozambique plans to join Africa’s mining boom with a 15% state stake and export restrictions.
Mozambique is seeking greater authority over its extensive mineral resources, putting forward major changes that would give the government at
ADES of Saudi Arabia boosts Africa presence with $92.7m Seplat offshore deal
ADES International Holding has won a $92.7 million offshore drilling contract in Nigeria with Seplat Energy Producing Nigeria Unlimited, strengthening
German firm moves to acquire long-established South African cement producer
Heidelberg Materials is reportedly in early discussions with banks about appointing financial advisers as it evaluates a possible offer for
Fuel prices rise in South Africa amid Middle East supply disruptions
South Africa is set to significantly increase fuel prices from Wednesday, May 6, after crude oil climbed above $100 per
Mozambique considers converting China debt to yuan amid rising default risk
Mozambique is exploring a plan to convert roughly $1.4 billion of its debt owed to China into yuan-based loans as
Standard Chartered to sell East African headquarters amid Africa pullback
Standard Chartered Plc is putting its East African headquarters in Nairobi up for sale as part of efforts to reduce
The Bank of Ghana records deeper losses as it bears the cost of disinflation efforts
The Bank of Ghana recorded a loss of GH¢15.6 billion in 2025, highlighting the heavy financial toll of its aggressive
Minority alleges BoG losses reach GH¢44bn, accuses bank of hiding accounting details
A section of Parliament’s Minority Caucus has alleged that the Bank of Ghana (BoG) is downplaying the extent of its
BoG’s ¢15.63bn operating loss – Cost of economic stabilisation or policy strain?
Central Bank losses during periods of tight monetary policy are not unusual and the scale of it highlights the true