The African Business magazine has released this year’s top-250 African companies survey, which highlights the overall carnage in African share valuations over the last year - and Ghana made only three entries.
Ghana’s first entry was chalked by Tullow Oil, in 39th position with a market capitalisation of US$2,888million. Standard...
President Nana Addo Dankwa Akufo-Addo has called on American investors to take part in the extraordinary opportunities that exist in Ghana and on the African continent.
“There is a lot of opportunity for American capital, technology and enterprise in Ghana, and indeed in Africa; and we welcome companies from all...
Ivory Coast will stop distributing hybrid seedlings and other advanced technologies that help cocoa farmers improve yields to cut overproduction that has weighed on cocoa prices, according to a letter by the regulator sent to exporters.
“We inform you of our decision to suspend the distribution of improved plant material...
Barclays Africa is to change its brand name to Absa Group subject to the necessary regulatory and shareholder approval, Group Chief Executive, Maria Ramos, disclosed on Thursday.
“We’ll be Absa, not as you know it but re-launched, re-presented and with an identity fit for the new and forward-looking business we...
The International Monetary Fund (IMF) has said that the coronavirus pandemic’s impact on Sub-Saharan African will come from three main shocks namely, economic disruptions, spillovers from global fallouts, and commodity price shocks.
In its report released from the April 2020 virtual Spring Meetings on Sub-Saharan, the Bretton Woods institution said...
Ghana may only produce around 700,000 tonnes of cocoa this season, well short of its initial forecast of 850,000 tonnes, due to poor rains during the main crop harvest, the head of the Cocobod marketing board told Reuters on Monday.
The International Cocoa Organization (ICCO) forecast a global cocoa surplus...
Britain saw its smallest budget deficit for any September in the last 10 years, according to official figures.
Last month's deficit stood at £5.902bn, down almost 11% compared with the same month last year, the Office for National Statistics (ONS) said.
With many economists having forecast a deficit of about £6.5bn,...
Moroccan national carrier, Royal Air Maroc (RAM), has announced plans to launch flights to five other East African cities only two years after it began its Casablanca-Nairobi operations.
Country manager Othman Baba said the move, inspired by Nairobi experience, is part of RAM’s efforts to claw back a share of...