Lebanon: World Bank approves $250 million financing to support reconstruction in conflict-affected areas.
The World Bank Board of Executive Directors recently approved $250 million in financing to Lebanon to support the most urgent repair and […]
Goldman Sachs and Citadel back crypto firm Digital Asset in $135 million funding round.
Crypto company Digital Asset said Tuesday that it’s netted $135 million in funding from a raft of major names in banking and […]
BoG Raises GH¢4.05 Billion via 56-Day Treasury Bills.
The Bank of Ghana (BoG) has successfully raised GH¢4.05 billion through the issuance of its 56-day Treasury bills, reinforcing its tight monetary stance […]
SaturnX closes $3mln funding round to expand in Southeast Asia.
SaturnX has raised $3 million in seed funding, led by White Star Capital with participation from institutional investors, according to a press […]
Nippon Steel’s purchase of U.S. Steel closes, with big role for Trump.
Nippon Steel’s $14.9 billion acquisition of U.S. Steel closed on Wednesday, the companies said, confirming an unusual degree of power for the […]
World Bank projects Qatar’s economy to grow at an average of 6.5% in 2026-2027.
The World Bank projected that the economic growth in the State of Qatar is to remain stable at 2.4% in 2025, before […]
Ghana loses $11 billion in gold smuggling linked to UAE.
Ghana is losing billions of dollars each year due to gold smuggling from its thriving artisanal mining sector, with much of the unaccounted […]
China offers African countries zero-tariff access on all imports.
China has announced plans to remove all tariffs on imports from all African countries except one as part of efforts to deepen […]
End of Power Struggle as Otedola Clinches Control of First Holdco.
In a dramatic turn of events, Nigerian billionaire Femi Otedola has secured full control of FirstHoldCo Plc, ending a prolonged power struggle […]
China’s rare-earth mineral squeeze puts defense giants in the crosshairs.
The automotive and robotics industries have been hit particularly hard by China’s rare earth export restrictions in recent weeks, but analysts warn Western defense giants will also feel […]
US and China agree framework deal to extend trade war truce
The US and China have extended the truce in their trade war after two days of talks in London that resulted in a “framework” […]
Africa’s richest country has about half of its oil-refining capacity shut
Roughly 49% of South Africa’s refining capacity remains idle. Over the past five years, South Africa’s refining capacity has been cut in […]