Finance
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 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...
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...
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,”...
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...
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 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 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 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....
Nigeria’s Finance Minister Hints FG May Consider Reviewing ₦54.99trn 2025 Budget in Response to U.S. Tariff Hike
The Federal Government may consider reviewing its proposed ₦54.99 trillion 2025 budget to reduce the possible impact of new U.S. trade tariffs on...
Naira Hits New Low, Trades Above ₦1,610/$1 Despite CBN Dollar Sales
The Nigerian naira dropped to a new low on Monday, surpassing ₦1,610 per US dollar in the official foreign exchange market. This is...
U.S. Eyes DRC’s Resources, Pursues Mineral-for-Security Deal
The United States is in talks with the Democratic Republic of Congo (DRC) on a potential agreement to grant access to critical minerals...