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...
South Africa’s rand hit a fresh three-year high against a weaker dollar in early trade on Monday, amid talk that President Cyril Ramaphosa is likely to announce a new cabinet this week. At 06:27 GMT, the rand was at 11.5300 per dollar, 0.11 percent firmer than its New York close...
International donors have raised half a billion dollars for a multi-national military operation in West Africa’s Sahel region, the EU’s top diplomat said on Friday, as Europe seeks to stop migrants and militants reaching its shores. At a conference of about 50 countries including the United States, Japan and Norway,...
Members of the Presidential Task Force on the ECOWAS Single Currency Programme have reaffirmed their political will to meet the Bloc’s single currency programme deadline by 2020. They also reaffirmed their commitment to ratify and implement all relevant ECOWAS Protocols and Conventions, as well as a gradual approach wherein member-states...
Prosecutors from more than a dozen countries joined forces on Wednesday, at a landmark summit aiming to boost the global fight against modern slavery by convicting more criminals and tracing dirty money. The three-day event, the first of its kind, brings together prosecutors from countries including Albania, Nigeria and Sudan....
DEAL 2018 is the largest show in the amusement industry that is held closer to the African region. The show aims to provide an effective platform for the stakeholders within the African leisure, entertainment and amusement sector, as per International Expo Consults - organiser of the show. Recent developments...
South Africa’s new President Cyril Ramaphosa must quickly show international investors his government can implement reforms to take advantage of a weak dollar and growth in China, according to Citi’s head of emerging markets. The crucial period starts with Wednesday’s annual budget and runs until elections, due next year, Citi’s...
South Africa's embattled President Jacob Zuma has resigned from his office with immediate effect. He made the announcement in a televised address to the nation on Wednesday evening. Earlier, Mr Zuma's governing ANC party told him to step down or face a vote of no confidence in parliament. The 75-year-old has been...
Fintech is boosting financial inclusion across Africa, according to Ecobank ,the leading independent pan-African banking group, a pioneer in Africa’s digital transformation and the main sponsor of the 2018 Africa Tech summit taking place today. Although over 80% of Africans have mobile phones, only around one quarter (28%) of them...
South Africa’s Reserve Bank said on Monday, the Bank of Baroda has notified the office of the registrar of banks of its intention to exit from South Africa. “The Registrar, which is part of the South African Reserve Bank (SARB), is in discussions with the Bank of Baroda to ensure...