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Dangote to sell 12.5% refinery stake amid liquidity concern

August 6, 2024 Comments Off

The Dangote Group, Africa’s largest conglomerate, is exploring the sale of a 12.5 percent stake in its newly commissioned refinery as it grapples with liquidity Read More

African Energy Week (AEW) 2024 Awards – Celebrating Outstanding Contributions to African Energy, Nominations Now Open

July 26, 2024 Comments Off

Taking place during this year’s African Energy Week: Invest in African Energy conference, the African Energy Awards celebrate the innovators and trailblazers shaping the future Read More

Infinity Power makes 1GW energy commitment in Sierra Leone

July 24, 2024 Comments Off

Infinity Power, a large pure play renewable energy provider, has signed a MoU with the Government of Sierra Leone in order to develop 1GW of Read More

Afreximbank delivers strong financial results for the nine months ended 30 September 2024, surpassing prior year’s performance despite a challenging operating environment

African Economy

November 18, 2024 Comments Off

The Group delivered a solid performance, closing the third quarter in a strong financial position, evidenced by its healthy liquidity levels, better asset quality, and robust capital adequacy levels African Export-Import Bank (“Afreximbank” or the Read More

Africa Finance Corporation (AFC) Secures US$300 Million Loan, Expanding Investor Base with Indian Lenders

African Economy

November 18, 2024 Comments Off

Africa Finance Corporation (AFC), the continent’s leading infrastructure solutions provider, has successfully closed a US$300 million India-focused syndicated loan, marking a significant milestone in its ongoing strategy to diversify its international investor base. The transaction Read More

Olam Group pushes back plans on agribusiness listing

August 7, 2024 Comments Off

Olam Group, a Singapore multinational company is exploring the sale of its agricultural products business and could push back plans to list its food ingredients Read More

Chocolate-makers squeezed by high cocoa prices

May 23, 2024 Comments Off

On his plantation in Muyuka in south-west Cameroon, Chief Orok John is inspecting the young cocoa plants. For several weeks now, he has been trying Read More

Zimbabwe is the leading exporter of Blueberries in the world, according to a new study

November 24, 2023 Comments Off

According to a recent report, Zimbabwe is presently the foremost global exporter of blueberries, outpacing all other nations in growth. The study by EastFruit highlights a surge Read More

Efforts to improve Ghanaian road conditions continue

July 24, 2024 Comments Off

Ghana’s President, Nana Addo Dankwa Akufo-Addo, has presided over the sod-cutting ceremony for the dualisation of the Anwiankwanta-Ahenema Kokoben Road The 20 km project is Read More

ECOWAS HQ construction draws closer to completion

July 9, 2024 Comments Off

The ECOWAS Ad-Hoc Ministerial Committee on the Construction of Headquarters of Community Institutions met at the site of the new ECOWAS Headquarters in Abuja, Nigeria, Read More

Africa Finance Corporation (AFC) invests in Africa’s largest copper complex, driving mineral beneficiation on the continent

August 7, 2024 Comments Off

Kamoa-Kakula is a world-class, high-grade, low carbon-intensive, underground copper deposit situated on the western edge of the prolific Central African Copperbelt Africa Finance Corporation (AFC), Read More

Mining & Minerals

Nomination for 2024 Ghana Mining Industry Awards

July 15, 2024 Comments Off

The Ghana Mining Industry Awards (GMIA) takes place every year with the aim of fostering, endorsing, acknowledging, and commemorating significant achievements and outstanding performance within Read More

Michael Akafia Becomes New President of the Ghana Chamber of Mines

July 6, 2024 Comments Off

The Ghana Chamber of Mines has announced the appointment of Mr. Michael Akafia Esq. as the new President of the Chamber. Mr. Akafia takes over Read More