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Finance

Ghana Government Could Reclaim $21.19 Billion from Stolen State Assets, Says President’s Anti-Corruption Committee

February 12, 2025 Khalid Al Mouahidi 0

Samuel Okudzeto Ablakwa, Chairman of the Operation Recover All Loot (ORAL), an anti-corruption Committee set up by President of Ghana in January 2025, has disclosed […]

Central African Republic Launches Meme Coin to Boost Global Visibility

February 11, 2025 Geraldine Boechat 0

In an effort to raise the international profile of the Central African Republic (CAR), President Faustin-Archange Touadéra has announced on February 10 the launch of […]

National Security Uncovers Currency and Gold Bars in Sapeiman Raid

February 10, 2025 Steven Addamah 0

Ghana’s National Security officials have seized a large cache of hidden currency, including U.S. dollars and Ghana cedis, from twelve 20-foot shipping containers in Sapeiman, […]

IMF in Discussions with Senegal Over Debt and Deficit Misreporting

February 8, 2025 Geraldine Boechat 0

The International Monetary Fund (IMF) is actively engaging with the Senegalese Government after an audit revealed discrepancies in the country’s reported debt and deficit figures. […]

Uganda Charges Finance Ministry Officials with Corruption Over $21 Million Hacking Incident

February 7, 2025 Steven Addamah 0

Eight officials from Uganda’s Ministry of Finance have been charged with a range of offences, including corruption, electronic fraud, and money laundering, in connection with […]

South Sudan to Launch National Instant Payment System to Boost Financial Inclusion

February 7, 2025 Pawla Nibramich 0

The Bank of South Sudan (BoSS) has announced the upcoming launch of the country’s first-ever National Instant Payment System (NIPS), developed in partnership with the […]

BRICS shrugs Trump’s repeated 100% tariff threat to dissuade the bloc from replacing US dollar

February 3, 2025 Geraldine Boechat 0

US president Donald Trump has issued yet another stern warning to the BRICS nations in the face of their continued push to introduce an alternative […]

Egypt to Raise $2bn Through International Bond Issuance in next February

January 31, 2025 Khalid Al Mouahidi 0

In a move to strengthen its financial position, Egypt is set to raise up to $40 billion through its global medium-term note programme. As part […]

African Development Bank’s New Refinancing Facility Set to Support Struggling Nations

January 30, 2025 Steven Addamah 0

The African Development Bank (AfDB) is poised to launch a regional refinancing facility aimed at assisting African nations burdened with maturing international bonds, according to […]

Uganda Unveils 2025/2026 Financial Year Resource Envelope worth of over USh57 trillion

January 29, 2025 Steven Addamah 0

The Ministry of Finance, Planning, and Economic Development has announced on January 28 the projected resource envelope for the 2025/2026 financial year, which is set […]

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