Angola dares to look beyond oil [Business Africa]

For years, oil has been the engine powering Angola’s economy. The southern African country sells pretty much nothing else. Crude accounts for 95% of Angola’s exports. Higher oil prices in 2022 have helped the country reduce public debt to 56.5% of gross domestic product this year, down from 79.7% in 2021 and 123.8% in 2020.

Blacko earns MTV EMA nomination

Young Ghanaian musician Black Sherif continues to succeed as he adds another feather in his cap with a nomination in the Best African Act category at the 2022 MTV Europe Music Awards. This year’s awards ceremony will come off on Sunday, November 13 in Düsseldorf, Germany, to honour the achievements of international artistes with prestigious

What is the Economic Justification for the Nigeria-Morocco Gas Pipeline?

By Dan D. Kunle The Nigerian state hydrocarbon company, NNPC Ltd has announced, with flourish, the plan to take final investment decision (FID) on the proposed Nigeria to Morocco to Europe Pipeline by 2023. But is this the important project that NNPC and the Nigerian Government are making it out to be? Mele Kyari, the

Ghana: Researchers Call for Enhanced Women Participation in Labour Market

A group of researchers from the Economics Department of the University of Ghana, working on economic empowerment for women, has called for enhanced interventions to enable women to actively participate in Ghana’s labour market. According to the researchers, women’s participation in the labour market for paid work in both the formal and informal sectors, remained

Act quickly to restructure debt, Zambia’s finance minister urges Africa

Zambian finance minister Situmbeko Musokotwane on Thursday urged other African nations considering using the G20’s Common Framework mechanism to restructure unaffordable debt to act quickly. Africa’s first pandemic-era sovereign defaulter has been using the template to rework external liabilities totalling $12.8bn. In recent weeks, Nigeria and Ghana have announced they’re considering revamping their liabilities. Rising

MFS Africa Partners With ThetaRay AI Tech To Boost Global Expansion

MFS Africa, the largest digital payments hub in Africa, and ThetaRay, a leading provider of AI-powered transaction monitoring technology, today announced they will collaborate to protect MFS Africa’s growing network of services against financial crimes. Through the agreement, ThetaRay will provide MFS Africa with its SONAR SaaS solution, including AI-powered AML transaction monitoring and sanctions list screening, enabling

Google Ghana Internship Program 2023 for young Ghanaian Students

Application Deadline:11th November 2022. Google offers a range of internships in either Software Engineering or Site-Reliability Engineering across EMEA. Durations and start dates will vary according to project and location. As a Software Engineering or Site Reliability Intern, you‘ll work on a specific project critical to Google’s needs. You will design, test, deploy, and maintain