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AfDB approves $102.6 mln support programme for Ghana

The African Development Bank (AfDB) has approved a $102.6 million budget support programme for Ghana focused on fiscal consolidation and economic recovery, the bank...

StanChart fails to avoid trial over US sanctions non-compliance

Standard Chartered lost its battle on Wednesday to exclude from a trial allegations it broke U.S. sanctions against Iran in a "more widespread and...

Ghana borrows up to US$200 million from cocoa traders to plug funding gap

Ghana's Cocobod has borrowed between $150 million and $200 million from cocoa traders to finance bean purchases since the 2023/24 season opened, due to...

IMF to increase Kenya programme by $650 mln, presidential adviser says

The International Monetary Fund has agreed to increase Kenya's lending programme by $650 million, the Kenyan president's chief economic adviser said on Tuesday. Sovereign debt...

Nigerian court orders release or bail hearing for ex-central bank head

A Nigerian court on Monday ordered that former central bank governor Godwin Emefiele, who has been in detention for three months, be unconditionally released...

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