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Zambia Pursues Deals With Investors to Develop Mining Permits

Zambia Pursues Deals With Investors to Develop Mining Permits

Zambia plans to develop dozens of mining licenses together with investors to boost copper output in Africa’s second-biggest producer. The nation has an ambitious plan to more than quadruple production by early next decade. The

Business
Togo suspends Russian ride-hailing app Yango

Togo suspends Russian ride-hailing app Yango

Togo’s transport ministry suspended the ride-hailing app Yango owned by Russia’s tech giant Yandex, over security concerns just months after it began operating in the West African nation. In a statement on Thursday, the ministry

Business
National Association of Rural Banks call for release of GHS500million locked-up funds

National Association of Rural Banks call for release of GHS500million locked-up funds

The President of the National Association of Rural Banks, Ghana, His Worship Eric Danning, is strongly advocating for the release of the locked-up funds of Rural and Community Banks (RCBs), which currently total approximately GH₵500

Business
Ghanaians urged to invest in coconut business

Ghanaians urged to invest in coconut business

The President of the African Coconut Group (ACG), Davies Korboe, has called on business leaders to explore opportunities in Ghana's coconut industry, citing its vast potential as a sustainable investment option and future leading export

AEA News
10,000 young African leaders congregate in Uganda to discuss Africa’s nuclear energy potential

10,000 young African leaders congregate in Uganda to discuss Africa’s nuclear energy potential

About ten thousand youth leaders drawn from across Africa congregated in Kampala and Jinja to deliberate on Africa’s nuclear energy potentials, among many other pressing issues affecting the continent. The congregation, dubbed International Youth Festival 2024, was

Business
Absa Bank, GCTU to champion ethical business practices across Africa

Absa Bank, GCTU to champion ethical business practices across Africa

Director of Compliance at Absa Bank Ghana LTD, Judith Haizel, has stressed the importance of promoting ethics, integrity and transparency within sustainable businesses across Africa. She explained that in today's rapidly evolving business landscape, complying

Business
EU, UNIDO WACOMP Project impacts over 48,000 SMEs

EU, UNIDO WACOMP Project impacts over 48,000 SMEs

The West Africa Competitiveness Programme (WACOMP), implemented by the United Nations Industrial Development Organization (UNIDO) and funded by the European Union (EU) has concluded in Ghana, after more than five years of work. With a

Business
Financial experts advise SMEs, startups to seek sustainable and flexible financing solutions

Financial experts advise SMEs, startups to seek sustainable and flexible financing solutions

Small and medium-sized enterprises, especially those in the fields of Science, Technology, Innovation and Research (STIR), have been advised to turn to cheaper and long-term funding opportunities such as venture capitals and angel investors to

Business
Trade attractiveness: Ghana falls from 3rd to 7th in Africa

Trade attractiveness: Ghana falls from 3rd to 7th in Africa

Ghana has “sharply declined” in terms of trade attractiveness in Africa, moving from the 3rd position to the 7th spot, underscoring the pressures that the economy continues to endure, Issue 4 of the Standard Bank Africa

Business
Fitch predicts huge Ghana budget shortfall

Fitch predicts huge Ghana budget shortfall

Budget shortfalls are expected to be significant in Ghana, Uganda, and Nigeria, according to a report by Fitch Solutions. The UK-based firm, in an article titled "Return To International Capital Markets Belies Persistence Of Fiscal