By Cooper Inveen and Christian Akorlie ACCRA (Reuters) – The International Monetary Fund (IMF) is poised to lend Ghana $3…
MTN lands subsea cable in South Africa to boost Africa’s connectivity
JOHANNESBURG (Reuters) – MTN South Africa and MTN GlobalConnect, in partnership with a consortium, have landed a 45,000 kilometre subsea…
World Bank, Mali sign two financing agreements worth around $302 million -Mali govt
BAMAKO (Reuters) – The World Bank and Mali on Monday signed financing agreements for two projects worth around $302 million,…
U.S. ready to explore next phases of trade relationship with Africa, USTR Tai says
By David Lawder WASHINGTON (Reuters) -U.S. Trade Representative Katherine Tai said on Monday that her agency is preparing to sign…
Libyan oil production at 1.2 million barrels per day, oil minister says
KUWAIT (Reuters) – Libya is producing about 1.2 million barrels per day of oil, oil minister Mohamed Oun told reporters…
Savannah Energy follows Chad deal with South Sudan acquisition
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…