Guinea: China to build $2 bln hydropower dam
Guinea is in talks with China International Water & Electric Corp. to build a $2 billion hydropower dam that would boost the West African country’s […]
Finance
Ghana: Central Bank increases benchmark interest rate
The Bank of Ghana increased the policy rate by 1 percentage point, Governor Kofi Wampah told reporters in the capital, Accra after the 66th regular […]
Liberia-IMF: “Stay the course to improve economy,” Lagarde
IMF Managing Director Christine Lagarde arrived in Liberia Thursday to celebrate the resilience of the Liberian people and the leadership of President Johnson Sirleaf in […]
EU to curb African migration with €1.8 Bln fund
The European Commission head Jean-Claude Juncker said on Wednesday that the European Union (EU) is setting up a €1.8 billion trust fund to help curb […]
Zimbabwe: IMF forecasts lower growth after exports dropped
The International Monetary Fund (IMF) on Wednesday lowered Zimbabwe’s growth forecast for this year to 1.5 percent from 2.8 percent, blaming lower commodity exports of […]
Nigeria to fight oil theft with drones – NNPC boss
Nigeria’s state oil company NNPC is set to deploy drones to check the movements of ships in the country’s waters in a bid to free […]
Cote d’Ivoire: New AfDB boss to focus on economic empowerment of women, youth
Dr. Akinwumi Adesina, the new boss of the African Development Bank (AfDB) said he will focus his first term on expanding opportunities and unleashing economic […]
Ghana: IMF to release second tranche of bailout
The International Monetary Fund’s board on Monday approved a second disbursement of $114 million for Ghana to help it repay debt and stabilize the nation’s […]
Zambia: Lower economic growth foreseen as copper earnings drop
Zambia’s Ministry of Finance indicated on Sunday that slower economic growth and more fiscal deficit are expected this year as weak global demand for copper […]
Senegal-Gabon: BGFI Bank officially begins operations
Gabonese lender BGFI Bank SA, which operates in 10 countries, announced in a press release having officially started its activities in Senegal after winning a […]