GULF Co-operation Council (GCC) countries are placing more attention on new markets in east, west and southern Africa as their trade flows with the continent expand, according to a report released by the Economist Intelligence Unit (EIU) in conjunction with Falcon and Associates.
INTEREST rates will not rise until well after the general election, the Bank of England has signaled, as it warned that inflation may soon fall below 1 per cent.
COST of doing business in Ghana is expected to go up following the Monetary Policy Committee (MPC) of the Bank of Ghana (BoG) decision to increased its policy rate from 19% to 21%.
CURRENCY and banking analysts have slammed the Economic Community of West African States (ECOWAS) for its frequent postponement of the deadline for the adoption of a single currency.
THE African Development Bank (AfDB) has reaffirmed its on-going support to the development of geothermal power in the East Africa Rift Valley region.
THE 3rd Annual Islamic Banking Summit Africa (IBSA Djibouti 2014), which opened today at the Djibouti Palace Kempinski, saw more than 200 leaders in the international Islamic banking and finance industry engage in detailed discussions that focused on ‘capturing the Africa opportunity in Islamic finance’.
MOODY’S Investors Service, a United States-based leading provider of credit ratings, research, and risk analysis has downgraded Mauritius Commercial Bank Ltd’s long-term and short-term deposit ratings to Baa3/Prime-3 from Baa1/Prime-2.
THE Nigerian Stock Exchange ( NSE) has received a unanimous vote for admission as a full member in the World Federation of Exchanges (WFE), the global trade association for the operators of regulated securities exchanges.
ECOBANK Ghana has unveiled its dedicated Premier Banking service, which is targeted at the bank’s high net worth customers.
THE Sustainable Stock Exchanges (SSE) initiative hosted its fourth and largest Global Dialogue at the Palais des Nations in Geneva on 14 October during the UNCTAD World Investment Forum.
