National Security Uncovers Currency and Gold Bars in Sapeiman Raid
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, […]
Finance
IMF in Discussions with Senegal Over Debt and Deficit Misreporting
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
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
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
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
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
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
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 […]
Ghana to Launch Gold Board to Boost Earnings and Curb Smuggling
Ghana is set to establish a Gold Board to better regulate gold purchases from small-scale miners, aiming to increase national earnings and reduce smuggling. Announced […]
Nigeria’s Central Bank Projects 4.17% GDP Growth in 2025, Inflation to Ease
Nigeria’s Central Bank expects the economy to grow by 4.17% in 2025, driven by ongoing reforms and stabilising inflation, Governor Olayemi Cardoso stated on Thursday […]