Finance

FinanceNews

Ghana’s Inflation Slows to 21.2% in April, Fourth Monthly Decline

Ghana’s annual consumer inflation rate eased to 21.2 per cent in April 2025, down from 22.4 per cent in March, according to the...

U.S. cancellation of American subsidies to Mali.
FinanceNews

Mali’s Government Suspends All Political Parties Indefinitely Over Public Order Concerns

Mali’s government has suspended the activities of all political parties and organisations indefinitely, citing the need to preserve public order. The announcement was...

FinanceNews

Brace for Higher Electricity Tariffs, Adelabu Warns Despite Continous Grid Collapse and Poor Power Supply

The Minister of Power, Adebayo Adelabu, has stated that Nigeria’s economy can no longer sustain electricity subsidies as the federal government’s debt to...

Ghana Bank Gold Reserves
FinanceNews

Ghana Expands Gold Reserves by Securing Deal to Buy 20% of Output from Nine Mining Companies

Ghana has signed an agreement with nine additional mining companies to purchase 20 per cent of their gold output. The move is aimed...

Niger La Francophonie
FinanceNews

Niger Govt Approves Over $424m in Investments, Nearly 3,000 Jobs to Be Created

President of the Republic of Niger, General Abdourahamane Tchiani, has signed a series of decrees approving over 246 billion FCFA (approximately $424m) in...

FinanceNews

Warri Refinery Shuts Down Weeks After $897 Million Relaunch; Port Harcourt Still Underperforms After $1.5 Billion Revamp

The Warri Refining and Petrochemical Company has remained shut since 25 January 2025, barely a month after it was declared operational. This has...

FinanceNews

Stephen Akintayo Advertises $18,000 Mentorship Programme Amid Multiple Fraud Allegations

Nigerian entrepreneur Dr. Stephen Akintayo has been criticised after launching a high-priced mentorship programme. Akintayo, who brands himself as “Africa’s Leading Investment Coach,”...

FinanceNews

China to Invest $950 Million in Kenya’s Manufacturing, Agriculture and Tourism Sectors Following Ruto’s Visit

Kenyan President William Ruto has signed a $950 million agreement with China during a five-day state visit aimed at improving bilateral ties and...

FinanceNews

Galamsey: Ghana Government Revokes Mining Concession Issued To NPP Ashanti Regional Chairman Wontumi’s Akonta Mining, Over Years of Illegal Forest Operations

The Government of Ghana has taken decisive action against Akonta Mining Company Ltd., owned by Bernard Antwi Boasiako, the Ashanti Regional Chairman of...

PWc African
FinanceNews

PwC Exits 9 Sub-Saharan African Countries Amid Revenue Decline

PricewaterhouseCoopers (PwC), one of the world’s leading accounting firms, has withdrawnoperations from Ivory Coast, Gabon, Cameroon, Madagascar, Senegal, the Democratic Republic of Congo,...

Ghana Bank Gold Reserves
FinanceNews

Ghana Orders Foreign Traders to Leave Gold Market by 30 April, Cancels Old Export Licences

The Government of Ghana has asked all foreign nationals trading in the country’s local gold market to leave by 30 April 2025. This...

DR Congo M23 Fight
FinanceNews

DR Congo Hands Over 3 Americans Jailed for Failed Coup Amid U.S. Mineral-for-Security Talks

Three American citizens jailed over a failed coup attempt in the Democratic Republic of Congo were handed over to U.S. custody on Tuesday....