Ghana’s inflation rate rose to 10.6% in April, 2.8ppts higher than in March. This is the highest rate since the consumer price index (CPI) was rebased in August 2019. Ghana – a producer of gold (50% of exports), oil (20% of...

On 20 April, Ghana became the first African country to ease lockdown measures (after being in place for three weeks since March) in its two biggest cities, Accra and Kumasi. Schools remain closed and the ban on large gatherings is still in place. Pre...

Tullow Oil (TLWLN) has sold its Lake Albert Development Project in Uganda, together with the proposed East African Crude Oil Pipeline, to Total for a total cash consideration of US575mn plus first oil contingent payments.This is the first transaction...

Our recent survey of 150+ fintechs across 20 African markets enabled us to find their product and customer niches, as well as identify their unique success factors.Fintech companies are increasingly competing with traditional financial services...

Finance Minister Ken Ofori-Atta cut Ghana's GDP growth forecast for 2020 by 530bps to 1.5%, the lowest in 37 years, due to the collapse in oil prices and the impact of the coronavirus pandemic. Ghana has recorded 195 Covid-19 cases and five...

Ukraine looks to have become the latest country seeking to tap funds from the IMF’s emergency financing facilities to help countries deal with the coronavirus pandemic that was announced earlier this month, according to local media yesterday ci...