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Guinea’s Minister of Mines and Geology, Bouna Sylla says the Simandou and CTG project are strategic local content initiatives which connects the country’s 4 natural regions, a move needed to accelerate development. 

Sylla: Simandou & CTG projects to accelerate Guinea’s development

As Nigeria grapples with multiple economic headwinds, companies are finding ways to stay afloat by cutting costs. Analysts believe this will fuel the job crisis in the country. 

How macro headwinds are driving job crisis in Nigeria 

Heinie Werth, the CEO of SanlamAllianz says the merger of Sanlam and Allianz in Ghana marks a new milestone as the business seeks to leverage shared experiences to accelerate access to financial services in the country. 

SanlamAllianz CEO speaks to merger, growth prospects

The Bank of Ghana’s Monetary Policy Committee says there is some uncertainty regarding the country’s inflation path for this year, given recent exchange rate pressures, upward adjustment in utility tariffs and increases in ex-pump fuel prices. 

Ghana inflation: Is MPC's hold stance best option?

Oil prices are trading near lowest levels since early June as concerns about demand in China balance prospects of lower U.S. crude and product inventories. 

Can oil prices recover amid demand outlook?

In a couple of weeks, Nigeria will issue $500 million in domestic foreign currency-de-nominated bonds as it looks to raise foreign currencies held by Nigerians abroad and other investors.  

Nigeria eyes domestic issuance of dollar-denominated bonds

The Bank of Ghana’s Monetary Policy Committee has left the Monetary Policy Rate unchanged at 29 per cent while citing recent price developments suggest a resumption of the disinflation process.

Ghana MPC leaves MPR unchanged at 29%

The CEO of Sterling Bank, Abubakar Suleiman says accruing and aggregating domestic capital is the first layer to leverage foreign capital to drive social impact projects in Africa. 

Suleiman: Domestic capital first layer to leverage international funding

The Director General of the Securities and Exchange Commission, Emomotimi Agama says embracing green finance and expanding issuances via sustainable financing products remain critical to address climate and sustainability issues in Nigeria. 

SEC: Green finance critical to climate & sustainability in Nigeria

Nigeria’s Minister of Power, Adebayo Adelabu, says the World Bank and the African Development Bank have concluded plans to invest $30 billion in boosting electricity in Africa. Out of this sum, Nigeria will get about $7.5 billion. 

Can World Bank, AfDB $7.5bn funding revive Nigeria’s power sector?

Ghana expects its economy to grow by 3.1 per cent this year from the 2.8 per cent earlier projected following some level of rebound recorded across key sectors. 

Ghana revises GDP growth upward to 3.1% in 2024

Impact Investors Foundation has appointed Kuramo Capital as the official fund manager for the Nigeria Wholesale Impact Investment Fund. 

CBWA