Ghana expects first $600mln tranche from IMF after Wednesday meeting
ACCRA – Ghana expects the International Monetary Fund to approve a first loan tranche of $600 million as soon as Wednesday, paving the way for disbursement within a week, Minister of State in the Finance Ministry Mohammed Amin Adam told Reuters on Sunday. Ghana is seeking $3 billion from the Fund to shore up its
Minister To Receive Dr Winifred Awosika Africa Youth Scrabble Championship Cup In Abuja On Monday
Img Wa Sunday Dare, the minister of Youth and Sports Development will on Monday receive the much talked-about Dr. Winifred Awosika Africa Youth Scrabble Championship Trophy in Abuja. The prestigious trophy has been on a tour of African countries as a way of eliciting awareness and motivating school children and youth on the social, cultural
Ghana’s main opposition party picks Mahama as 2024 presidential candidate
Ghana’s main opposition party, the National Democratic Congress, voted overwhelmingly on Saturday to retain former president John Mahama as its leader for the 2024 presidential election. This is the third time Mahama will run for the top job in Ghana, one of Africa’s most stable democracies. He came second to President Nana Akufo-Addo in 2016
Kenya is slowly becoming a sports betting empire
Sports betting and other forms of gambling are becoming a phenomenon across Africa. Betting over which sports team might win has become a multi-million dollar industry. It’s estimated that by the year 2022, the global gambling market could be worth $635 billion according to new findings by Dublin-based Research and Markets. In Africa millennials especially within the
Manta Commends Nanta’s Intra African Tourism Initiative
The move by the National Association of Nigeria Travel Agencies (NANTA) to promote intra African travel and businesses in all spheres, taking a cue from Africa Continental Free Trade Agreement (AfCFTA), has been commended as a good initiative needed to further develop and grow African businesses and the continental in general. This commendation was made
Citizen Observers from Across Africa Strategize on How to Better Safeguard Elections
Education Usag Elections Leaders from 24 citizen observer organizations from 20 countries from across Africa met in Accra, Ghana to strategize on how to better safeguard elections. The summit was the most comprehensive and diverse gathering of citizen observers from East, North, West and Southern Africa. Delivering the keynote address, Prof Attahiru Jega, former Chairperson
Lafferty Group, Fidelity Bank partner to host Retail Council Africa meeting
Lafferty Group Fidelity Bank Ghana’s largest privately-owned bank, Fidelity Bank Ghana, has partnered the Lafferty Group to host the first 2023 meeting for the Retail Banking Council Africa. The prestigious members-only Council, which saw numerous presentations and panel discussions, was on the theme, “Driving Free Trade in Africa – How financial services can contribute to
AYOBA, the superapp, reaches more than 25 million monthly active users
CAPE TOWN, South Africa, May 11, 2023 -/African Media Agency(AMA)/- On the occasion of its fourth anniversary, Ayoba, the African super app announced today that it has reached an important milestone by surpassing the mark of 25 million active users each month. This figure is up from 20 million monthly active users in December 2022.
Clinker substitution takes hold in Africa
Ghana’s cement producers have struck out on a decarbonisation and low-carbon cement path. By using local resources for raw materials and reducing the clinker factor, cement manufacturers are targeting reduced imports of clinker and lower cement prices, as well as the benefits of CO2 reduction. This week the Director-General of Ghana Standards Authority, Professor Alex
Nigeria ranked Africa’s biggest economy in energy | The Guardian Nigeria News
Energy Commission of Nigeria (ECN), yesterday, ranked Nigeria as largest economy in Africa power-wise. It said only three to four per cent of energy consumption of Nigerian manufacturing industry come from grid-connected electricity. energy Acting Director-General of the commission, Joseph Sunday, made the disclosure during the ‘Lessons Learnt Workshop to disseminate project results and knowledge’ in Abuja