Friday, November 15, 2024
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CATEGORY

Business

Nigerian sovereign fund in credit tie-up to unlock infrastructure funding

CEO of Nigeria's Sovereign Wealth Fund, Uche Orji. Photo Credit: Reuters   Nigeria's sovereign wealth fund is setting up a company in partnership with London-based local...

High expectations from business community in Ghana ahead of president-elect Akufo Addo’s inauguration

Expectations are high within the Ghanaian Business Community ahead of the swearing in of the country’s President elect Nana Akufo Addo on January 7. The...

Angolan lawyers appeal ruling on president naming daughter oil CEO

Angolan lawyers, who argue that President Jose Eduardo dos Santos' billionaire daughter was illegally appointed as the chief executive of the state oil company,...

Investments in Africa’s transport infrastructure paying off

African countries were on a drive to boost infrastructure and road networks on the continent in 2016. Ethiopia made huge strides this year with the...

Oil hits 18-month highs as markets eye output cuts

Oil prices hit 18-month highs on Tuesday, the first trading day of 2017, buoyed by hopes that a deal between OPEC and other big...

Ponzi scheme concerns in Ghana

Ponzi schemes are becoming a big worry for Ghana's financial sector. Ghanaians are on high alert after a Russian-backed Ponzi scheme which was banned...

Tanzania’s president sacks head of power firm over tariff hike

Tanzanian President John Magufuli sacked the head of the state-run electricity company on Sunday after the firm put up tariffs, a move the president...

Egypt adopts new measures to revive tourism

Egypt’s largest public lender, the National Bank of Egypt (NBE) is planning to extend the grace period for loans granted to its customers in...

General Cable to pay more than $75 million to settle bribery charges

General Cable Corp, a Kentucky-based wire manufacturer, agreed to pay more than $75 million to resolve allegations that it had bribed officials in Angola,...

Russian flights to Egypt will resume soon, Putin tells Sisi

Russian flights to Egypt will resume soon, Russian President Vladimir Putin told Egyptian President Abdel Fattah al-Sisi in a phone call, Sisi's office said...

Latest news

Nigerian High Commission apartments in Ghana demolished

Some new apartments built at the residence of the Nigerian High Commissioner in Ghana’s capital city Accra, have been demolished by bulldozers. The apartments have been constructed to...

Covid-19: Ghana records significant recovery numbers

Ghanaian health officials on Saturday said over 10,000 persons infected with the coronavirus have now recovered. The significant number of recoveries means the country now...

DR Congo: President’s ex-chief of staff jailed 20 years for corruption

The ex-chief of staff of the president of the Democratic Republic of Congo has been jailed 20 years by a high court. Vital Kamerhe was...

Covid-19: Zimbabwe’s health minister arrested, charged for graft

Zimbabwe's Health Minister Obadiah Moyo has been arrested over corruption allegations related to procurement of medical equipment worth $60 million. Moyo is accused of illegally...

Ghana’s new law that jails citizens not wearing facemask 10 years

Ghanaians who fail to wear the face masks in compliance with a presidential directive risk going to jail for ten years. They also face a...
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