West Africa

April 22, 2024
Nigeria to Receive $2.2 Billion from World Bank
Nigeria is expecting $2.2 billion loan with a single-digit interest rate from the World Bank, along with a budget support…
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March 4, 2024
Ivory Coast Eurobonds Rally After Moody’s Raises Credit Score
Ivory Coast’s eurobonds experienced a surge in value following an upward revision of the nation’s credit score by Moody’s Investors…
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March 4, 2024
MTN Group Revenues Down 80% Due to Nigeria’s Naira Slump
MTN Group Ltd., Africa’s largest telecommunications operator, has issued a warning regarding a significant decline in its full-year profit. The…
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March 1, 2024
Ghana Cuts Power to MPs Over $1.8 Million Dent
The Electricity Company of Ghana (ECG) disconnected electricity to the parliamentary complex to compel the legislative body over an outstanding…
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February 8, 2024
Benin Raises $750 million in First-ever Dollar Donds as Demand Hit $5 billion
Benin Republic issued first dollar-denominated bonds (14-year bond) and recorded an oversubscription at $5 billion, even though it only tapped…
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February 5, 2024
Nigeria’s Fight Against Naira Shortage Risky as Currency Devalued 38%
The Central Bank of Nigeria’s efforts to combat the scarcity of foreign currency are seen as a positive move for…
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January 28, 2024
Mali, Niger and Burkina Faso quit ECOWAS
Three West African countries led by military juntas have announced their withdrawal from the Economic Community of West African States…
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January 26, 2024
SportPesa Mega Jackpot Soars to Ksh.345 Million
The excitement is reaching a fever pitch as the SportPesa Mega Jackpot breaks records, now standing at an awe-inspiring Ksh.345,220,964…
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January 26, 2024
Otedola Helps Boost Dangoté’s Wealth to $22 Billion
Nigerian business magnate, Femi Otedola has acquired an extra stake in Dangote Cement Plc, which has contributed to the surge…
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January 25, 2024
Ghanaian Businessman Signs $1-billion Climate Change Deal With India
The Jospong Group of Companies, owned and led by Ghanaian businessman Joseph Siaw Agyepong has entered into a partnership with…
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