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African leaders sign deal for ‘largest’ free trade area

44 African leaders on Wednesday signed onto the world’s largest free trade area at a gathering in Rwanda with countries like Nigeria and Uganda missing out for the mean time.

Ghana: Prominent indigenous bank, uniBank declared insolvent

One of Ghana’s prominent indigenous banks, uniBank has been declared by the country’s central bank to be bankrupt exposing savings of customers to major risk.

16 African nations exposed to listeriosis outbreak

The World Health Organization has announced that some 16 African countries are exposed to the deadly listeriosis outbreak which is linked to contaminated meat food in South Africa.

Egypt ‘bans Uber’ after complaints from Taxi drivers

A court in Egypt has banned transportation tech company Uber and one other riding app Careem after complaints from Taxi drivers.

Ghana investigates Savana Brokerage Ponzi scheme

Ghana’s Police service has launched investigations into the activities of a Ponzi scheme that has been patronized by thousands of its citizens.

Afro-Asian Reinsurance Brokers launches operation in Ghana

Afro Asian Reinsurance Brokers has began operations in West Africa with the official launch of its branch in Ghana. Afro-Asian was established in 1988 by Rasik Patel, to build on his extensive network of connections and resources in the Afro-Asian countries.

AU launches ambitious bid for ‘world’s largest free trade area’

Africa's leaders will gather in Rwanda on Wednesday, March 21 to launch what they say will be the world's largest free trade area but leaders of Nigeria and Uganda are reported to have pulled out, highlighting the challenge in getting the continent to sign up.

Ghana to host International Trade & Finance Conference in April

The second edition of Ghana’s international conference on trade and finance is set to take place in the country’s capital Accra from April 10th-11th, 2018.

Ivory Coast selling Africa’s biggest Eurobond

Ivory Coast is selling 1.7 billion euros ($2.1 billion) of bonds in the biggest issuance of debt in the common currency from an African government, according to a person familiar with the matter. The West African nation is offering 850 euros of 12-year notes paying 5.25 percent and a similar amount of 30-year securities with a coupon of 6.625 percent, said the person, who asked not to be identified as they’re not authorized to speak about the matter. Price guidance was around 5.375 percent for the 12-year securities and 6.75 percent for the 30-year notes, said the person.

Fraud charges filed against ex-boss of Ghana’s cocoa regulator

State prosecutors in Ghana on Wednesday filed fraud charges against the former head of the country's cocoa regulator, Cocobod.

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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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