Tag: Gold

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World stocks eye glum 2022 while dollar triumphs

World stocks were steady on the last trading day of the year as markets digested U.S. data and the dismantling of China's zero-COVID policy,...

Ghana plans to buy oil with gold instead of U.S. dollars

Ghana's government is working on a new policy to buy oil products with gold rather than U.S. dollar reserves, Vice-President Mahamudu Bawumia said on...

Gold prices consolidate with focus on U.S. inflation data

Gold prices eased on Monday as some investors locked in profits after a sharp rise in the previous session, while markets awaited this week's...

Record central bank buying lifts global gold demand, WGC says

Central banks bought a record 399 tonnes of gold worth around $20 billion in the third quarter of 2022, helping to lift global demand...

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World Bank’s Banga says more bilateral debt forgiveness needed

World Bank President Ajay Banga said on Thursday (17...

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...

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