Economic News

The inflation rate in Ghana surged to 31.7% in July, according to the latest Consumer Price Index & Inflation report by the Ghana Statistical Service. President Akufo-Addo of Ghana A...

Business principles, strategic planning, financial analysis, and data analytics are twisting more and more day by day. Therefore, business management careers are spinning drastically too. These professions include all the aforementioned points...

This month, a survey of more than 4,500 Africans from Kenya, Nigeria and Ghana found that 9 out of 10 Africans (91.7 per cent) are likely to use tech solutions...

Africa's most valuable fintech, Flutterwave, is said to be considering an Initial Public Offering (IPO) in the US and Nigeria. The IPO would see Flutterwave's shares listed on the New...

Investing in Africa is a sustainable business strategy as companies earn bountiful profits. Despite the rising inflation and insecurity, businesses are fast growing in Africa. Beyond rich resources, the continent...

Seplat Energy Plc has received ministerial approval to acquire Exxon Mobil's Nigerian oil assets for $1.28 billion. Exxon Mobil is finally selling its Nigerian unit to Seplat Energy for $1.28...

A recent report by the Organisation for Economic Co-operation and Development (OECD) has shown that global pension fund assets grew by over 10% to $38.5 trillion in 2021. The report...

Opportunities abound in the lucrative African market, and businesses can succeed with scaling. Scaling basically means setting the stage for business growth. Although scaling requires funding and planning, it can...

Startup puts Africa’s first cultivated meat on the menu. South African biotech firm Mzansi Meat is kickstarting Africa’s food revolution in a bid to fill the protein gap and provide...

Africa’s richest man Aliko Dangote says his refinery project will boost Nigeria’s export earnings, foreign reserves. According to Ripples Nigeria, the Nigerian billionaire businessman stated this during the 2022 Zenith Bank International Trade...