Kenya Seeks New IMF Deal Amid Economic Struggles Kenya and the International Monetary Fund (IMF) are set to discuss a new lending agreement after the country decided to abandon its current programme. This move comes as Kenya continues to face economic challenges, including a sharp increase in debt-servicing costs following a borrowing spree. The East […]

South African President Cyril Ramaphosa has expressed a strong desire to negotiate a comprehensive agreement with U.S. President Donald Trump to address escalating tensions between the two nations. This initiative comes in the wake of President Trump’s executive order earlier this month to suspend U.S. financial aid to South Africa, citing concerns over the country’s […]

Ghana has made significant investments in improving road infrastructure, particularly in cocoa-producing regions. In 2014, the government initiated a $450 million Cocoa Roads Rehabilitation Project to enhance transportation and accessibility in key agricultural areas. Over the years, the initiative has expanded, but outstanding contracts for cocoa road projects have now reached GH₵21 billion ($1.3 billion) […]

Fintiri Criticizes FG’s Economic Policies, Warns of Worsening Hardship for Nigerians The Governor of Adamawa State, Ahmadu Fintiri, voiced his concerns on Thursday, stating that Nigerians are currently enduring severe hardship due to the federal government’s economic policies. Speaking during a meeting of the National Reconciliation Committee of the People’s Democratic Party (PDP) in Bauchi, […]

Yemisi Iranloye, a Nigerian entrepreneur, is known as the “Cassava Queen” for her huge success in the cassava farming industry. Despite competing with big multinational companies, she has proven that local knowledge and hard work can lead to even greater success. Through her company, Psaltry International, Yemisi produces over 10,000 tons of cassava every year, […]

Ghanaians Seek Fiscal Reform and Economic Stability In Ghana, a new government has taken charge, and there are growing expectations from businesses. There are calls for fiscal discipline, job creation, and price stability to stabilize the country’s economy. Business leaders are pushing for urgent changes in areas like taxation, infrastructure investment, and policies that promote […]

In 2024, Gambia’s remittances reached a record $776 million, a 4% increase compared to the previous year. These remittances now account for 31.5% of the country’s GDP, making them as important as tourism for the economy. Central Bank Governor Buah Saidy shared these figures at a national forum on diaspora financing, underlining the vital role […]

First City Monument Bank (FCMB) has proudly announced the appointment of Felicia Obozuwa as its new Executive Director, Corporate Services, and Service Management. The Central Bank of Nigeria (CBN) has approved this significant leadership decision, marking another step toward the bank’s continued growth and innovation. About Felicia Obozuwa A Wealth of Experience Felicia Obozuwa brings […]

Ghana’s newly appointed finance minister designate, Cassiel Ato Forson, has revealed that the country’s government may seek additional financial assistance from the International Monetary Fund (IMF) during its current three-year programme. The move comes as part of efforts to stabilize the economy, following a tumultuous period marked by high inflation, public debt, and a debt […]

H1: Gambia Signs Blockchain Pact to Boost Digital Economy The Gambia has taken a significant step toward enhancing its digital economy by signing a groundbreaking partnership with the Kalp Foundation. This collaboration aims to develop Gambia One, a blockchain-powered digital public infrastructure (DPI) platform designed to foster economic growth, innovation, and inclusivity. H2: The Kalp […]