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Blog

Lack of a Common West African Currency Hampering Exports

  • January 25, 2023
  • George Adjei
  • Business News
The absence of a unified currency in the West African sub-region has hampered viable exports, according to Dr. Sidie Mohamed Tunis, Speaker of the Economic Communities of West African...
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Largest Multinational Exercise Conducted By Nigeria, US, France, And 30 Other Nations To Secure Waters Around Africa

  • January 25, 2023
  • George Adjei
  • Business News
The 12th edition of Obangame Express (OE23), the largest international maritime exercise in Western and Central Africa, began on Monday with 33 organizations and nations taking part, including Nigeria....
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China urges the US to address its debt issues after Yellen’s comments about Africa

  • January 25, 2023
  • George Adjei
  • Business News
Chinese officials in Zambia had a direct answer this week when U.S. Treasury Secretary Janet Yellen referred to China as a “block” to debt restructuring in Africa. They said:...
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The 125 billion barrels of oil in Africa could run out due to a lack of markets

  • January 25, 2023
  • George Adjei
  • Business News, General News
Stakeholders warned yesterday in Abuja that unless the continent develops a local market for its hydrocarbon resources, its 125 billion barrels and more than 630 trillion cubic feet (TCF)...
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East Africa’s intra-trade growth trajectory is still excellent

  • January 25, 2023
  • George Adjei
  • Business News
The East African Trade Council reached a value of $10.17 billion in intra-trade during the final quarter of 2022, accounting for 20% of all intra-trade in global trade. The...
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Huge economic boost for Nigeria as the largest cargo ship docks at Lekki Deep Seaport

  • January 25, 2023
  • George Adjei
  • Business News
President Muhammadu Buhari gave the $1.5 billion Lekki Deep Seaport in Lagos its formal commission on Monday. The largest seaport in West Africa and state-of-the-art infrastructure will revolutionize how...
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Massive victory for South Africa’s new gas project

  • January 25, 2023
  • George Adjei
  • Business News
Renergen, a natural gas producer, has announced that the first batch of liquid helium has been generated at the South African-based Virginia Gas Project. The Virginia Gas Project is...
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Ghana topped the 2022 Digital Competitiveness Index for West African nations

  • January 24, 2023
  • George Adjei
  • Business News
By implementing sound policies to improve its digital sectors, Ghana outperformed other African nations such as Cote D’Ivoire, Nigeria, Burkina Faso, and Niger, among others, in the poll. Nigeria...
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In Kenya, remittances from the diaspora have surpassed the country’s natural resources in value

  • January 24, 2023
  • George Adjei
  • Business News
In Kenya, remittances from the diaspora currently make up a larger portion of the nation’s overall revenue than some of its actual exports. According to a recent estimate, Kenya...
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Nigeria continues to be Africa’s top oil exporter

  • January 23, 2023
  • George Adjei
  • Business News
According to figures from the Organization of the Petroleum Exporting Countries (OPEC), Nigeria maintained its position as the top oil producer in Africa for two consecutive months by pumping...
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  • This is what Museveni said to Zelensky regarding food crisis
  • According to World Bank predictions, the African Continental Free Trade Area will increase wealth in East Africa
  • Telecel finalizes deal to acquire majority shares in Vodafone Ghana
  • Bolt plans to invest over €500 million in Africa over the next two years
  • African Countries with the Fastest Internet Speeds

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This is what Museveni said to Zelensky regarding food crisis March 3, 2023
According to World Bank predictions, the African Continental Free Trade Area will increase wealth in East Africa February 27, 2023
Telecel finalizes deal to acquire majority shares in Vodafone Ghana February 21, 2023
Bolt plans to invest over €500 million in Africa over the next two years February 21, 2023
African Countries with the Fastest Internet Speeds February 20, 2023

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This is what Museveni said to Zelensky regarding food crisis March 3, 2023
According to World Bank predictions, the African Continental Free Trade Area will increase wealth in East Africa February 27, 2023
Telecel finalizes deal to acquire majority shares in Vodafone Ghana February 21, 2023

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