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The Bank of Ghana has maintained the monetary policy rate at 29 per cent, citing upside risks to inflationary pressure and currency devaluation. 

Bank of Ghana keeps key interest rate unchanged

The Tony Elumelu Foundation unveils the list of its 2024 cohort for the entrepreneurship programme for the tenth and last time. TEF Founder, Tony Elumelu says the next phase will be to create a coalition of African Entrepreneurs. 

TEF unveils 2024 cohorts, plans African coalition of entrepreneurs

AMA Medical Manufacturing has commenced the construction of phase two of its medicines manufacturing plant at a groundbreaking ceremony in Kaduna state. 

AMA-Med's manufacturing OSD plant 2nd phase begins 

The Fund for Export Development in Africa (FEDA), a subsidiary of the African Export-Import Bank dedicated to fostering development impact, has opened its office in Kigali. 

Oramah: FEDA gaining strong foothold across Africa

The United States Government has introduced two new programs aimed at promoting Africa’s creative industry. 

U.S initiates programs for Africa’s creative industry

Oguche Agudah, CEO of Pension Fund Operators Association of Nigeria joins CNBC Africa to discuss this and more.

How naira depreciation impacts pension funds

Standard Bank expects Ghana’s Monetary Policy Committee at its March meeting to hold the policy rate at 29 percent to effectively steer inflation downward, deferring the next rate action to May. 

Standard Bank: Ghana’s MPC likely to hold MPR at 29% in march meeting

Oak and Saffron has concluded a transaction with Fimave to acquire 86.7 percent of its shareholding in SIAT group which in turn holds a 60 per cent stake in Presco Plc. 

Oak & Saffron acquires stake in Presco 

Cocoa prices are sustaining a scorching rally as African plants run out of beans. 

Cocoa prices spike on tighter supply

Zone has raised $8.5 million in an oversubscribed seed funding round led by VC firms Flourish Ventures and TLcom Capital. 

Zone raises $8.5mn in seed funding round

The Founder of Signal Alliance Technology Holding, Collins Onuegbu says regulators should be aware of activities in the evolving digital and tech ecosystem following the developments between the Nigerian government and Binance. 

Onuegbu: Weak regulations impacting Nigeria’s digital ecosystem

Nigeria has recruited leading global investment banks, including Citibank, JPMorgan Chase & Co. and Goldman Sachs, to advice on its planned Eurobond issuance. 

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