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G7 launches climate ‘Shield’ fund, some countries wary

A G7-led plan dubbed "Global Shield" to provide funding to countries suffering climate disasters was launched at the U.N. COP27 summit on Monday, although some questioned...

Ant’s consumer finance unit to boost its capital to $2.62 bln

The consumer finance unit of China's Ant Group will boost the company's registered capital to 18.5 billion yuan ($2.62 billion) from 8 billion yuan...

Ghana president sacks junior finance minister over alleged impropriety

Ghana's President Nana Akufo-Addo has sacked Charles Adu Boahen, the minister of state for finance, the presidency said on Monday after allegations of impropriety...

Global equity funds register outflows after two weeks of net buying

Global equity funds registered net outflows for the first time in three weeks in the week to Nov. 9, undermined by caution ahead of...

US$11 billion fraud case spotlights Nigeria’s resource governance woes

One of the biggest international arbitration cases in recent history is due to go to trial in London in January 2023, pitting the Nigerian...

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