Business

The Bank of Ghana (BoG) has introduced the Ghana Gold Coin (GGC), a new gold-backed financial instrument aimed at providing diverse investment options for Ghanaians while stabilising the local currency. Effective November 26, 2024, the GGC…
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In a decisive move to combat surging inflation, Nigeria’s Central Bank raised its benchmark interest rate to 27.5% at its final monetary policy meeting of the year. This marks a 25 basis point increase, capping a year in which the bank has…
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Italy’s second-largest bank, UniCredit, has launched a €10 billion all-share bid for smaller domestic rival Banco BPM. This unexpected move, announced Monday, comes as UniCredit also courts Germany's Commerzbank, sparking speculation about…
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Sabine Mensah, Deputy CEO of AfricaNenda Foundation, has expressed confidence that Africa will attain universal financial inclusion by 2030, citing the rapid expansion of Instant Payment Systems (IPSs) as a driving force. At the launch of…
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Africa’s instant payment systems (IPSs) achieved a staggering milestone in 2023, recording $1 trillion in transaction value across 49 billion payments, according to the AfricaNenda Foundation’s State of Inclusive Instant Payment Systems…
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The Africa Prosperity Network (APN) has kicked off preparations for the 2025 Africa Prosperity Dialogues (APD) and Africa Prosperity Champions Awards (APCA) with a high-profile Partners’ Cocktail held at the AfCFTA Secretariat in Accra on…
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