Ghana Cedi Declared Worst Performing Currency Worldwide
The Ghana Cedi, according to Bloomberg is in currently in tatters, having depreciated by over GHC2 in the…
Increase in Transport & Food Prices Drive Ghana’s Inflation Rate to 27.6%
If inflation rate continues to rise, then interest rates are expected to climb further.
Congo’s Plan to Sell Oil Exploration Blocks Threatens Carbon Sinks
The Democratic Republic of Congo’s plan to sell oil exploration blocks by July threatens to disrupt some of…
Zimbabwe’s Gold Output Jumps 86.3% in First Five Months of 2022
Gold is one of Zimbabwe's major foreign currency earners, and the Southern African country is rich in mineral resources.
Nigeria, Iran Discuss Trade Facilitation
Remarkable accords and documents have also been signed by both countries, which are going to be pursued by the joint commission.
Egypt, Israel, E.U. Eye Framework for Commercial Gas Supply Deals
EEgypt, Israel and the European Union are working toward a trilateral agreement to allow for the export of…
Glencore Helps Zambia’s Mopani Copper Mines Pay Bills
Anglo-Swiss multinational mining and commodity trading giant Glencore says it has helped to fund Zambia’s Mopani Copper Mines…
Moribund Refineries Haunt Africa as Fuel Prices Increase
A shortage of oil refineries across sub-Saharan Africa coupled with skyrocketing crude prices due to Russia’s aggression against…
Nigeria and MultiChoice Settles $4.4bn Tax Dispute
Nigeria’s tax authority (Federal Inland Revenue Service) has agreed to an out-of-court settlement with South Africa’s MultiChoice Group…
Meat Prices Rise by 50% in Egypt
The head of the Egyptian Farmers’ Syndicate Hussein Abu Saddam says meat prices in the country are expected…