The International Institute of Tropical Agriculture (IITA) and two other organisations have signed a Memorandum of Understanding (MoU) to build and promote cassava seed system in…
Browsing: West Africa Business News
West Africa business news as they happen on News Central
The International Monetary Fund (IMF), says it loaned 83 countries the sum of $165 billion dollars, including $16.1 billion dollars in concessional financing to 49 low-income…
Nigeria’s inflation rate has increased to 14.23% (year-on-year) in October 2020 from 13.71% recorded in September 2020. Nigeria’s National Bureau of Statistics announced a rise in…
Minister of Communications and Digital Economy Dr Isa Ali Ibrahim Pantami has directed the Nigerian Communications Commission (NCC) and National Information Technology Development Agency (NITDA) as…
The inflation rate of West Africa’s second-largest economy, Ghana has slowed for the 3rd month in a row to a rate of 10.1%. However, food inflation…
A new report called e-Conomy Africa 2020, released in South Africa by Google and the International Finance Corporation (IFC), estimates that Africa’s Internet economy has the…
The Nigerian government has ratified her participation in the African Continental Free Trade Area (AfCFTA). They took the decision at the weekly meeting of the Federal…
The Nigeria Stock Exchange (NSE) on Wednesday extended its bullish run for the third consecutive day with investors net worth appreciating further by N324 billion. Specifically,…
First City Monument Bank (FCMB), a foremost financial services provider in Nigeria, has been voted as the Best SME Bank in Africa. The Bank won the…
According to Ogundeyi, “We want to bank every African on the planet, wherever you are in the world.” It’s starting first in its home market: since launching in September 2019, it has picked up around 300,000 customers, first consumers and now also small businesses, and on average processes over $500 million of transactions each month.