Ghana Triples Minimum Capital Requirements for Banks The Bank of Ghana more than trebled minimum capital requirements for lenders as part of reforms to strengthen the...
U.S. Sanctions South Sudan Officials for Spurring Conflict The U.S. slapped sanctions on three current and former South Sudanese officials in President Salva Kiir’s government for...
Angola Oil Minister Says Nation Needs Crude to Rebound to $60 Angola’s Petroleum Minister Jose Maria Botelho de Vasconcelos said it’s essential for the southern African...
IMF Approves One-Year Extension to Ghana’s Credit Program The International Monetary Fund has approved a one-year extension of Ghana’s $918 million credit-facility program after a review...
African Leaders Blasted for Medical Tourism A South African minister has criticised African leaders who seek medical treatment abroad. Aaron Motsoaledi condemned “health tourism” while speaking...
Investors, Regulators, Others Set for 2017 US-African Conference Investors, regulators, prominent business leaders, business owners, potential investors, policy makers, leading academics are among the invited speakers...
Africa’s Biggest Company Sees E-Commerce Growth Closing $32 Billion Value Gap Naspers Ltd. Chief Executive Officer Bob Van Dijk said five years of heavy e-commerce investments...
Nigerian Team to Investigate Sao Tome Plane Crash A team of investigators from Nigeria’s Accident Investigation Bureau has departed Lagos for São Tomé and Principe to...
Ghana Is Said to Weigh Scaling Down $2.3 Billion Bond Plans Ghana is considering scaling down plans for a 10 billion cedis ($2.3 billion) local-currency bond...
Glencore Says Zambian Power Dispute Could Affect 4,700 Jobs Glencore Plc’s copper unit in Zambia said a dispute over electricity fees that has already led to...