The U.S. Fed is expected to keep the rates elevated, making U.S. Treasuries and the dollar relatively more attractive than emerging market economies for foreign investors
Absa Group, one of South Africa’s largest banks, has opened its first Gulf office in Dubai to tap growing trade and investment flows between the Middle East and Africa. Non-oil trade between the United Arab Emirates and Africa reached $158 billion in 2025, up from about $112 billion a year earlier, according to UAE government figures Clinton Clarke, senior executive officer of Absa Bank Limited’s DIFC branch, told Reuters that infrastructure, energy, logistics and agriculture are attracting the strongest interest from Gulf investors, including sovereign wealth funds, asset managers and…
Diesel supply is under pressure as disruptions to Russian production force countries to seek emergency supplies, the National Petroleum Authority (NPA) has said. Abass Tasunti, the NPA’s Director of Economic Regulation and Planning, said the scramble for diesel had prompted moves to release strategic reserves and protect domestic stocks.
The bank said it was extending full cooperation to the authorities concerned and taking necessary steps to address the concerns of affected customers
From helping his mother roast plantain by the roadside to trying his hand at hunting, shoemaking, construction and food vending, Young Dee Group Chief Executive Officer Desmond Darko says he learnt early in life to make the most of every opportunity. Six years at the pumps Mr Darko eventually moved into the fuel retail business, starting as a pump attendant at a station in Sakaman before his employer transferred him to the Shell station at Stadium.
The Naira was initially denominated into N20, N10, N5, N1.00, 50 kobo, which were all paper denominations, and then we had 25 kobo, 10 kobo, 5 kobo, and one kobo denominations as coins. Now, three satchets of pure water are sold for N100, and if you want to buy just one, you pay N50.
LPG prices in Ghana are falling despite rising international prices, as a monthly import arrangement cushions consumers against the increase, the National Petroleum Authority (NPA) has said. Abass Tasunti, the NPA’s Director of Economic Regulation and Planning, said Ghana had secured its current LPG cargo at a lower price before global prices rose.
The minister says the bilateral framework will connect American investors with Nigerian mining businesses and promote local processing.
A reduced take from stamp duty and land taxes will shave an average of $1.3 billion from the state's tax revenue over the coming four years, according to a fiscal update delivered on Friday.
Crypto platform Binance has suspended trading following a suspected hack now linked to North Korea. The disruption has left users unable to trade on the cryptocurrency platform while the suspected breach is investigated.
The platform suspended some trading while crypto companies froze billions in their respective currencies. The full extent of the possible hack was not yet clear.
Binance founder says world's largest crypto exchange appears to have been hacked.
Prof. Douglas Boateng, Chartered Director UK | Chartered Engineer UK | Fellow, Institute of Directors UK | Fellow, Ghana Institution of Engineering | Governance, Industrialisation and Supply Chain Strategist | Founder, Boardroom Governance Summit | Founder and Scriber, NyansaKasa (Words of Wisdom) Trade among African countries reached roughly 214 billion dollars in 2025, according to Afreximbank, yet that still represents only about 15 per cent of the continent’s total trade, compared with roughly 60 per cent within Asia and close to 70 per cent within Europe.
The Governor of the Bank of Ghana (BoG), Dr Johnson Pandit Asiama, says falling lending rates and stronger private sector credit growth are among the gains from recent macroeconomic management efforts, creating improved conditions for businesses to access financing and expand operations. Dr Asiama announced the figures at the launch of the maiden edition of Ghana in Numbers 2025, a publication by the Ghana Statistical Service (GSS), on Thursday, October 29.
The US-Canada trade war is hurting Kentucky’s bourbon industry, which generates billions of dollars annually.
The Governor of the Bank of Ghana (BoG), Dr Johnson Pandit Asiama, has called for a dedicated digital platform to make the country’s official statistics more accessible, saying wider access to reliable data could improve economic research, policymaking and investment decisions. Dr Asiama made the call at the launch of the maiden edition of Ghana in Numbers 2025, an initiative of the Ghana Statistical Service (GSS), on Thursday, October 29.
Major fuel importers have prioritised Ghana’s fuel needs over exports to neighbouring countries, the Ghana Chamber of Bulk Oil Distributors (CBOD) said. His assurance places domestic supply at the centre of the Chamber’s response to the crisis, with major importers meeting Ghanaian demand before considering neighbouring markets.
The governor spoke on Thursday while delivering the keynote address at the seventh Annual Stakeholders’ Interactive Forum organised by the Oyo State Gaming and Lottery Board at the Jogor Centre, Ibadan. Earlier, the Director-General of the Oyo State Gaming and Lottery Board, Hon.
Sunbeth Global Concept Limited has attracted subscriptions exceeding N220 billion for its N150 billion commercial paper offer, reflecting strong investor confidence in the company’s business and growth strategy. Commenting on the outcome, Chief Financial Officer, Adeyemi Aduwo, said: “The strong response reflects investors’ confidence in Sunbeth and our growth strategy.
The Ghana Chamber of Bulk Oil Distributors (CBOD) says its members haven’t raised fuel prices to finance new imports and are policing their conduct to protect consumers. Its Chief Executive Officer, Dr Patrick Kwaku Ofori, said bulk oil distributors were maintaining ethical business standards while ensuring steady supplies.
He identified the Lagos-Calabar Coastal Highway, Sokoto-Badagry Superhighway, Trans-Sahara Superhighway, electricity grid upgrades and the modernisation of key commercial ports in Lagos as major projects expected to strengthen Nigeria’s productive capacity. Tinubu said the gains have strengthened Nigeria’s ability to attract investment and finance projects that support long-term economic growth.
Raila Odinga International Stadium promises to create new businesses and boost tourism revenue.
Security incident linked to performance-monitoring tool spurred platform to halt trading for about an hour Polymarket temporarily halted trading on its international platform on Thursday because of a security incident that compromised a third-party provider, the company said. Trading was paused for about an hour and resumed on Thursday afternoon.
Ghana will not experience fuel queues through December, the Chief Executive Officer of the Ghana Chamber of Bulk Oil Distributors (CBOD), Dr Patrick Kwaku Ofori, has assured. Dr Ofori said cargo arrangements through December would protect Ghana from shortages experienced elsewhere.