Browsing: Business & Economy

WITH only one account, business customers can receive funds instantly from their clients in their home country and across Ecobank’s…

As global economic growth slows down and many developed and emerging economies face severe pressure, the SME sector is again…

GHANA seeks to become one of the major exporters of teak and teak products, Samuel Abu Jinapor, Minister for Lands…

ETHIOPIA’S government has decided to open up the country’s banking sector to foreign investors, the prime minister’s office said on…

MULTIDIMENSIONAL poverty, a measure of various deprivations poor people experience in their daily lives, increased to 46.7 percent in the…

ZIMBABWE has launched a $30 million export revolving fund to revive its once vibrant horticultural sector. The funding came from…

AFRICA Finance Corporation (AFC), the leading infrastructure solutions provider in Africa, and Mizuho Bank, a leading global bank with one…

 NOVA Credit, the world’s leading consumer-permissioned credit bureau, announced a partnership with Vesti, the finance app focused on alleviating barriers…

 ANDERSEN Global continues to add depth to its Africa platform through a Collaboration Agreement with Tanzania-based law firm Lawhill and…

ZAMBIA won International Monetary Fund (IMF) approval for a $1.3bn, 38-month loan programme on Wednesday, a crucial step in the…

GHANA launched its African Continental Free Trade Area (AfCFTA) hub Monday to increase local participation in the continent-wide free trade…

KENYA’S plant health regulatory agency said Monday it has kicked off talks with its counterparts in Malaysia to secure a…

GHANA has signed a Rail Management Agreement with the Thelo DB consortium (comprising South Africa’s Thelo DB and Germany’s Transtech…

THE government of Japan and the African Development Bank (AfDB) have announced a $5bn financial cooperation under the fifth phase…

JAPAN is set to promise some $30bn in aid for African development at a conference to be held in Tunisia…

THE Chinese-built Ethiopia-Djibouti railway on Thursday started vehicle shipment from ports in Djibouti to Addis Ababa, the Ethiopian capital. The…

THE United States will turn over to Nigeria $23 million taken by former military ruler Sani Abacha, officials said at…

EMERGING Africa Infrastructure Fund (EAIF) plans to raise as much as $500 million over the next three years to invest…

EXPERTS and scholars said Wednesday that China’s Belt and Road Initiative (BRI) has contributed immensely toward transforming Africa’s developing economies…

FOR the last 40 years countries in West Africa have tried to meet their commitment to letting people move more…