Africa’s largest bank backs Dangote refinery IPO as mega-plant surpasses design capacity
Africa’s largest lender, Standard Bank Group, has pledged to play a leading role in the planned public listing of the […]
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Africa’s largest refinery cuts petrol unit by 34% as exports slump
Nigeria’s Dangote refinery has reduced operating rates at its main gasoline-producing unit by 34% since May 21, raising concerns about
IMF approves $250 million credit facility for Rwanda to offset pressure of Mid-East war
The International Monetary Fund says it’s approved a new $250 million extended credit facility for Rwanda. The 38-month programme is
BoG absorbs GH¢17.2bn in liquidity amid inflation fight, FX stability
The Bank of Ghana absorbed GH¢17.24 billion from the banking system through a sale of 14-day bills, signalling its determination
Africa’s fast-growing EV partner BYD named on U.S. list of firms tied to Chinese military
Chinese electric vehicle giant BYD, one of the fastest-growing players in Africa’s emerging EV market, has been added to a
Rwanda secures approval for $250 million IMF package as Middle East conflict threatens economic growth
Rwanda has secured official approval for a new $250 million financing package from the International Monetary Fund (IMF), providing a
Nigeria’s foreign trade surplus jumps 341% to N7.55 trillion in Q1 2026
Nigeria’s merchandise trade surplus surged to N7.55 trillion in the first quarter of 2026, representing a 340.88% increase from the
Ibrahim Mahama offers 100 jobs to South Africa returnees – Ablakwa
Businessman Ibrahim Mahama has offered 100 job opportunities to Ghanaian nationals evacuated from South Africa following recent xenophobic attacks and
No feud between CEO and Board — Ghana Gas
The Ghana National Gas Company Limited has dismissed recent social media claims suggesting a breakdown in relations between its Chief
Ecobank pays first dividend since 2022 as shareholders approve $40m payout
Shareholders of Ecobank Group have given the green light for a $40 million dividend payment – the first time the