LONDON (Reuters) – London-listed Savannah Energy has agreed to buy producing oil fields in South Sudan from Malaysia’s state energy…
Exclusive-IMF and Ghana expected to reach staff-level agreement by Tuesday – sources
By Cooper Inveen and Christian Akorlie ACCRA (Reuters) -The International Monetary Fund (IMF) and Ghana are expected to reach a…
Explainer-Who holds Ghana’s debt and what restructuring is planned?
By Rachel Savage and Marc Jones JOHANNESBURG/LONDON (Reuters) – Ghana has begun restructuring its debt by rolling out a plan…
ALD CEO: most existing shareholders fully subscribing to capital increase
By Nick Carey LONDON (Reuters) – Most of ALD’s existing shareholders are participating in a 1.2 billion euro ($1.27 billion)…
“Small joyless flows” as investors sell stocks and cash – Bofa
LONDON (Reuters) -Investors sold stocks and bought gold in the week to Wednesday, withdrawing $5.7 billion from equity funds, BofA…
Ghana sets relief measures for banks participating in local debt exchange
By Cooper Inveen ACCRA (Reuters) – Ghana’s central bank has laid out relief measures for banks that participate in the…
Saudi’s ACWA Power signs $1.5 billion agreement with Power China – Al-Arabiya
LONDON (Reuters) – Saudi Arabian private utility ACWA Power said it has signed a $1.5 billion agreement with Power China,…
U.S. bid for battery metals has Africa blind spot
By Helen Reid and Nelson Banya JOHANNESBURG (Reuters) – Mining companies and governments in Africa are calling for stronger trade…
IMF says low-income countries need nearly $500 billion in external financing through 2026
WASHINGTON (Reuters) – Low-income countries will need nearly $500 billion in external financing during the 2022-2026 period, the International Monetary…
Egypt’s core inflation rises to 21.5% yr/yr in November – central bank
(Reuters) – Egypt’s core inflation rose to 21.5% year on year in November from 19.0% in October, the central bank…