Ghana, creditor panel agree on debt restructuring, paving way for IMF cash

Ghana has finalised a pact with its official creditor...

Nigeria strikes deal with Shell to supply $3.8 billion methanol project

Nigeria has struck a deal for Shell (SHEL.L), opens new...

Africa’s $824 billion debt burden and opaque resource-backed loans hinder its potential, AfDB president warns

Africa's immense economic potential is being undermined by non-transparent...

IMF: South Africa needs decisive efforts to cut spending

South Africa needs more decisive efforts to cut spending...

Editors Pick

Browse our editor's hand picked Business stories!

World Bank sounds alarm on ‘historical reversal’ of development for poorest nations

Half of the world's 75 poorest countries are experiencing...

Ghana must get fair deal from international bondholders, IMF chief says

Ghana should make sure the debt relief deal it...

Airlines try to leverage Boeing woes despite lack of alternatives

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African cocoa plants run out of beans as global chocolate crisis deepens

Major African cocoa plants in Ivory Coast and Ghana...

Global corporate dividends hit record $1.66 trillion in 2023

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Ivory Coast regulator warns cocoa exporters not to overpay

 Ivory Coast's market regulator warned cocoa exporters on Tuesday...

Business Today

Ghana, creditor panel agree on debt restructuring, paving way for IMF cash

Ghana has finalised a pact with its official creditor committee to formalise a debt restructuring deal agreed in January, smoothing the path towards a release...

Economic News

MTN to cut costs and hike prices at Nigeria unit after naira hit

MTN Group's (MTNJ.J), opens new tab Nigeria unit is...

Britain agrees $100 million trade finance to boost Africa food security

Development lender British International Investment said on Monday it...

Energy

Nigeria strikes deal with Shell to supply $3.8 billion methanol project

Nigeria has struck a deal for Shell (SHEL.L), opens new...

Shell scales back 2030 carbon emissions target

Shell, opens new tab weakened its 2030 carbon reduction...

IEA sees economic headwinds putting damper on demand growth

The settling down of post-pandemic turbulence and a cloudy...

Ghana’s LNG project on target for year-end completion, regulator says

Ghana’s top oil regulator expects the country’s long-delayed natural...

Oil hovers near 3-week high on Middle East tensions, China demand

Oil prices edged lower on Tuesday but remained near...

Oil demand growth slowing as non-OPEC supply expands, says IEA

Global oil demand growth is losing momentum, the International...

Shell may drop Norway offshore wind bid on business case concerns

Energy major Shell, opens new tab may yet pull out...

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The Business Files

Ghana, creditor panel agree on debt restructuring, paving way for IMF cash

Ghana has finalised a pact with its official creditor...

Africa’s $824 billion debt burden and opaque resource-backed loans hinder its potential, AfDB president warns

Africa's immense economic potential is being undermined by non-transparent...

Stock Today

Shares limp toward biggest monthly drop since February

World shares limped towards their worst month since February,...

European stocks edge up, dollar scales two-month peak before Powell, Lagarde

European shares edged higher and the dollar held firm...

Asian stocks hit 9-month lows on worries over China, US rates

Asian shares sank to nine-month lows on Thursday, while...

Global stocks stuck near 5-week lows, China cuts rates

Global stocks were stuck near five-week lows on Tuesday...

Feature

StartUp Business For You

Should African startups worry about SVB collapse?

The collapse of Silicon Valley Bank (SVB) last week...

Can Africa reduce the impact of the US dollar on its emerging markets?

Whenever I meet clients and investors, the one discussion...

Africa’s demographic dilemma: Can half a million jobs be created by 2050?

On the approaches to Lagos, the commercial heart of...

The two global consensuses that defined the development paradigm in Ghana are under threat

Bright Simons is honorary Vice President at IMANI Center...

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Stock Market

Shares limp toward biggest monthly drop since February

World shares limped towards their worst month since February, with sentiment hurt by still-gloomy China factory readings on Thursday, as traders awaited European and U.S....

Economy

MTN to cut costs and hike prices at Nigeria unit after naira hit

MTN Group's (MTNJ.J), opens new tab Nigeria unit is...

Britain agrees $100 million trade finance to boost Africa food security

Development lender British International Investment said on Monday it...

Gold rebounds on dollar retreat as Fed still seen cutting rates

Gold prices rose on Wednesday, buoyed by a weaker...

Zambia’s kwacha is Africa’s best performing currency in 2024

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The Business Files

Ghana, creditor panel agree on debt restructuring, paving way for IMF cash

Ghana has finalised a pact with its official creditor committee to formalise a debt restructuring deal agreed in January, smoothing the path towards a...

Ghana, creditor panel agree on debt restructuring, paving way for IMF cash

Ghana has finalised a pact with its official creditor...

Nigeria strikes deal with Shell to supply $3.8 billion methanol project

Nigeria has struck a deal for Shell (SHEL.L), opens new...

Africa’s $824 billion debt burden and opaque resource-backed loans hinder its potential, AfDB president warns

Africa's immense economic potential is being undermined by non-transparent...

IMF: South Africa needs decisive efforts to cut spending

South Africa needs more decisive efforts to cut spending...

World Bank sounds alarm on ‘historical reversal’ of development for poorest nations

Half of the world's 75 poorest countries are experiencing...

Ghana fails to reach debt deal with international bondholders

Ghana has failed to strike a deal with two...

Nigeria files tax charges against Binance after executive flees custody

Nigeria has filed tax evasion charges against cryptocurrency platform...

MTN to cut costs and hike prices at Nigeria unit after naira hit

MTN Group's (MTNJ.J), opens new tab Nigeria unit is...

Britain agrees $100 million trade finance to boost Africa food security

Development lender British International Investment said on Monday it...

Politics

Feature & Opinion

Should African startups worry about SVB collapse?

The collapse of Silicon Valley Bank (SVB) last week...

Can Africa reduce the impact of the US dollar on its emerging markets?

Whenever I meet clients and investors, the one discussion...

Africa’s demographic dilemma: Can half a million jobs be created by 2050?

On the approaches to Lagos, the commercial heart of...

The two global consensuses that defined the development paradigm in Ghana are under threat

Bright Simons is honorary Vice President at IMANI Center...

The Magic Math of Ghana’s Debt Games

Regular readers of this page were puzzled when after...