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Yuan falls to lowest since 2008 global crisis, despite state bank support

China's yuan fell on Friday to its weakest level against the dollar since the global financial crisis of 2008, despite attempts by major state-owned...

Ghana’s GRIDCo receives US$60 million loan to upgrade transmission lines

The ECOWAS Bank for Investment and Development (EBID) has signed a loan agreement extending a facility of US$60 million to the Ghana Grid Company Limited (GRIDCo). The...

Amazon files legal complaints in Italy, Spain against fake review brokers

U.S. e-commerce giant Amazon (AMZN.O) said on Thursday it had filed legal complaints in Italy and Spain as it steps up efforts globally to shut down...

African Domestic Bond Fund listed on the Botswana Stock Exchange

MCB Capital Markets (“MCBCM”) is pleased to announce the secondary listing of the African Domestic Bond Fund (“ADBF”) on the Botswana Stock Exchange (“BSE”). ADBF...

Investors file lawsuit against VW over climate-change related lobbying disclosures

Six Volkswagen investors filed a case against the carmaker this week for refusing to discuss at its annual general meeting (AGM) whether its lobbying...

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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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