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Nigeria, others recorded $95.6b diaspora remittances in 2021,…

As Nigeria and other African countries continue to explore alternative sources of revenues to meet developmental challenges, President…

E-commerce in Ghana – statistics & facts

Online purchases in Ghana have experienced continuous growth over the last few years. This development has been facilitated…

Taiwanese chip giant invests $40bn in US plant

Computer chip giant, TSMC says it will more than triple its investment in a giant US plant to…

Kenya seeks a fresh $750 million loan from…

Kenya is in talks with the World Bank Group for a fresh $750 million (Ksh92.1 billion) concessional loan…

Australia lifts interest rates, adding to mortgage pain

Australia’s central bank has raised interest rates to a decade high, putting mortgage holders under greater strain as…

Nigeria: Firm issues N5 billion CP for housing…

A Lagos-based firm, God Made Homes (GMH) Limited, has signed a N5,000,000,000 Commercial Paper (CP) agreement with Qualinvest…

East Africa banks cash in on forex crisis,…

East Africa’s top retail banks have cashed in on the scarcity of hard currency, earning Ksh25 billion ($204.91…

Uganda seeks tech revolution boost with free smartphones…

Uganda is piloting a programme to expand use of smartphones as one way of drawing investment in tech…

Big GDP surprise for South Africa’s economy

Stats SA has published the latest gross domestic product numbers for the third quarter of 2022, showing surprising…

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Nigeria: Moghalu appointed Academy of International Affairs fellow

Professor Kingsley Moghalu, President of the Institute for Governance and Economic Transformation (IGET) and CEO…

Kenya: DTB boosts dividend amid Sh6.8bn profit growth

Diamond Trust Bank (DTB) Group has raised its dividend payout to a record of Sh6…

Nigeria: Access Corporation Reports Record-Breaking N612.4 Billion Profit

Access Corporation, Nigeria’s leading finance holding company, has announced a remarkable achievement with a profit…

Ghana: Herbert Krapa named ECG’s new board chairman

President Nana Akufo-Addo has appointed Deputy Energy Minister, Herbert Krapa, as the new Board Chair…