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Africa - Page 76

Africa·Finance & Economy·News·Top Stories

Burkina Faso Inaugurates First National Gold Refinery as Traore Pushes Local Processing

September 28, 2026

Burkina Faso inaugurated its first national gold refinery on Monday, Sept. 28, taking a step toward processing more of its gold domestically instead of sending it abroad for refining, Prime Business Africa

Africa·Business News·Top Stories

Ghana Borrowing Costs Slide as Monetary Easing Drives Lending Rates to 15.9%

September 28, 2026

Ghana’s average bank lending rate fell to 15.94% in August from 24.15% a year earlier, extending a sharp decline in borrowing costs as easier monetary conditions increasingly filter through the banking system,

AfDB Boosts Nigerian Fertilizer Industry With $75m Loan

Africa·Business News·News

Multilateral Development Banks Pledge Action To Tackle Africa’s Climate Crisis

Multilateral Development Banks gathered at the 2023 UN Climate Change Conference (COP 28) in Dubai have committed to extensive global action to address Africa’s critical climate change challenges. In a joint statement released, representatives from major banks affirmed their determination to increase

December 4, 2023

Africa·Business News·News·World News

African, Global Institutions Pledge $175M For Green Infrastructure

African and global institutions, joined by the governments of Germany, France, and Japan along with philanthropies, have pledged over $175 million towards the Alliance for Green Infrastructure in Africa (AGIA). This commitment a show of solidarity amid COP28 signifies a leap toward

December 4, 2023

Africa·Business News·News·Oil & Gas

Nigeria, Ghana, Others Lead Consortium To Deploy 5 GW Battery Energy Storage Systems

Ten countries, including Egypt, Ghana, India, Kenya, Malawi, Mauritania, Mozambique, Nigeria, and Togo, joined the Battery Energy Storage Systems (BESS) Consortium. Spearheaded by the Global Energy Alliance for People and Planet’s Global Leadership Council (GLC) At the 2023 United Nations Climate Change

December 3, 2023

Africa·Business News·News·World News

UAE Pledges $4.5 Billion To Fund Renewable Energy Projects Across Africa

Sultan Ahmed Al-Jaber, UAE’s special envoy on climate change, revealed the UAE’s commitment to a $4.5 billion fund aimed at advancing renewable energy initiatives across Africa. Al-Jaber emphasized during an interview with CNBC Africa at the COP28 summit, “The Africa fund, totaling

December 3, 2023

Africa

ECOWAS Condemns Violence In Guinea Bissau, Calls For Arrest Of Culprits

ECOWAS) has risen in condemnation of the conflict that erupted in Guinea Bissau on Friday, December 1, 2023.

December 2, 2023

AfDB Announces $1.44 Billion Investment In Nigeria's Infrastructure

Africa·Business News·News

Nigeria Can Lead Lithium-Ion Battery Production, Climate Transition, Says AfDB

In a revelation, the African Development Bank (AfDB) foresees Nigeria emerging as a global leader in lithium-ion battery manufacturing. Highlighting the country’s potential, the bank’s revised economic outlook for 2024, which was unveiled, underscored the discovery of over 3,000 lithium pegmatite bodies in

December 1, 2023

Africa·Business News·News

AfDB Revises Africa’s Economic Growth From 4.3% To 3.8% In 2024, Cites Multifaceted Challenges

In an update to economic outlook, the African Development Bank (AfDB) has slashed growth projections for the African economy from 4.3% To 3.8% In 2024, highlighting various factors contributing to the downward revision. Speaking to the adjustments, the bank emphasized the impact of persistent post-COVID-19

November 30, 2023

Brent Crude Surges To $83 As African Producers Face Quota Tensions

Africa·Business News·News·Oil & Gas·World News

Brent Crude Oil Surges To $83 As African Producers Face Quota Tensions

Amidst escalating tensions within the Organization of Petroleum Exporting Countries (OPEC), Brent crude surged to $83.60 per barrel, setting the stage for OPEC’s meeting today. The meeting, which was delayed due to discord among oil-producing nations in Africa demanding higher production baselines, remains

November 30, 2023

Africa·Agro-Economy·Business News·News

Raedial Farms Seals Partnership With Compagnie Fruitere, Diversifying Nigeria’s Agri-Exports

In a stride towards bolstering Nigeria’s agricultural export industry, Raedial Farms Limited, a subsidiary of Raedial Holdings Limited, inked a partnership agreement with Compagnie Fruitere, a French giant renowned for its extensive fruit and vegetable market outreach. The agreement, ceremoniously sealed during the

November 29, 2023

Africa·Business News·News·Technology

AfDB Partners U.S. Commercial Service To Fuel Digital Revolution In Africa

U.S. Commercial Service and the African Development Bank have cemented a partnership aimed at revolutionizing digital innovation across the African continent. “This is a pivotal moment for Africa’s technological evolution,” remarked Ashley Ndir, senior U.S. Commercial Liaison to the African Development Bank during

November 28, 2023

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India-New Zealand Free Trade Agreement to Take Effect on Oct. 20

India and New Zealand’s free trade agreement (FTA) will take

UBA Opens Subscription Channel for Dangote Refinery IPO, Invites Investors to Participate

Africa’s Global Bank, United Bank for Africa (UBA) Plc, has

Top 5 Best-Performing Industrial Goods Stocks In Q1 2026

Shareholders in Nigeria’s industrial goods sector recorded massive returns in

Naira Weakens Against Dollar, Gains On Pound, Euro In Official Market

On Thursday, the official foreign exchange (FX) rate for the

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Africa - Page 76

Burkina Faso Inaugurates First National Gold Refinery as Traore Pushes Local Processing

Ghana Borrowing Costs Slide as Monetary Easing Drives Lending Rates to 15.9%

Multilateral Development Banks Pledge Action To Tackle Africa’s Climate Crisis

African, Global Institutions Pledge $175M For Green Infrastructure

Nigeria, Ghana, Others Lead Consortium To Deploy 5 GW Battery Energy Storage Systems

UAE Pledges $4.5 Billion To Fund Renewable Energy Projects Across Africa

ECOWAS Condemns Violence In Guinea Bissau, Calls For Arrest Of Culprits

Nigeria Can Lead Lithium-Ion Battery Production, Climate Transition, Says AfDB

AfDB Revises Africa’s Economic Growth From 4.3% To 3.8% In 2024, Cites Multifaceted Challenges

Brent Crude Oil Surges To $83 As African Producers Face Quota Tensions

Raedial Farms Seals Partnership With Compagnie Fruitere, Diversifying Nigeria’s Agri-Exports

AfDB Partners U.S. Commercial Service To Fuel Digital Revolution In Africa

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UBA Opens Subscription Channel for Dangote Refinery IPO, Invites Investors to Participate

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Burkina Faso Inaugurates First National Gold Refinery as Traore Pushes Local Processing

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Naira Weakens Against Dollar, Gains On Pound, Euro In Official Market

Burkina Faso Inaugurates First National Gold Refinery as Traore Pushes Local Processing

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Africa - Page 76

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