Washington D.C., United States of America// — The Government of Italy, through the Ministry of Economy and Finance and the Ministry of Foreign Affairs and International Cooperation and the African Development Bank Group (www.AfDB.org) have signed a bilateral co-financing agreement strengthening their strategic partnership to support priority projects across key sectors in Africa, including energy, […]
Category: Economy
AFC Secures Additional $100M Facility from India Exim Bank to Accelerate Africa’s Infrastructure Dev’t
London, United Kingdom// — Africa Finance Corporation (AFC) (www.AfricaFC.org), the continent’s leading infrastructure solutions provider, has announced the successful closing of a $100 million, 5-year loan facility from the Export-Import Bank of India (India Exim Bank), further strengthening its long-standing partnership with the institution.
Mahama Vows to Keep Inflation in Single Digits After Sharp Decline
Ghana’s President John Mahama has reaffirmed his government’s commitment to sustaining inflation within single digits, following a marked drop in the rate to 3.2 per cent.
Mahama Directs Ministry to Establish Tamale Cancer Treatment Centre as New Cardio Facility Nears Completion
President John Dramani Mahama has asked the Ministry of Health to begin planning to construct a cancer treatment centre in Tamale, saying patients in northern Ghana should not have to travel south for specialist care.
Cocoa Paste Leads Ghana’s Top 10 Non-Traditional Exports in 2025
Ghana’s push toward value addition in its export sector is gaining significant traction, with cocoa paste emerging as the country’s top-performing non-traditional export in 2025.
Ghanaian Businesswoman Opens West African Kitchen in Wales
The rural Welsh village of Llandybie is set to arrive on the UK’s culinary map with the opening of Baobab Cymru – a new West African kitchen, café and gallery.
Seychelles, China Sign Dev’t Cooperation Agreement Supporting National Priorities
Victoria, Seychelles// — The Minister for Foreign Affairs and the Diaspora, Mr. Barry Faure and the Ambassador of the People’s Republic of China to the Republic of Seychelles, Ms. Lin Nan, signed the Development Cooperation Agreement, on Thursday 16 April, which includes a grant of RMB 100 million, announced by the Vice President of the […]
Why Taxing Mobile Money Is Backfiring Across Africa
Across Africa, governments are increasingly turning to mobile money as a revenue lever as fiscal pressures intensify and digital transactions become more visible, yet evidence from multiple markets shows a consistent outcome: usage declines, financial inclusion weakens, and the tax base ultimately shrinks.
Ghana: University for Development Studies Gets New Vice-Chancellor
Tamale, Northern Region, Ghana//-The Governing Council of the University for Development Studies (UDS) has appointed Professor Mohammed Muniru Iddrisu as the Vice-Chancellor of the University, effective June 27, 2026.
African Development Bank, European Stability Mechanism Sign MoU to Enhance Cooperation
Washington, D.C., United States of America// — The African Development Bank Group (www.AfDB.org) and The European Stability Mechanism (ESM) have signed a Memorandum of Understanding (MoU) to formalise and strengthen cooperation between the two institutions.










