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Category: Financial

January 15, 2025 Renee Henry

Nigeria to Expand Credit Access to Citizens in Bid to Boost Economic Growth

In a bold move aimed at stimulating economic growth and improving the financial inclusion of its citizens, the Nigerian government

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January 9, 2025 Renee Henry

Egypt Completes Trial Run of New Suez Canal Channel Extension: A Major Milestone

Cairo, Egypt — Egypt has successfully completed the trial run of its new Suez Canal channel extension, marking a significant

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December 22, 2024 Renee Henry

S&P Revises South Africa’s Outlook to Positive on Better Reforms, Growth Potential

JOHANNESBURG, South Africa (November 2024) — In a significant move for South Africa’s economy, Standard & Poor’s (S&P) Global Ratings

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December 16, 2024 Renee Henry

Nigeria Signs $1.2 Billion Deal to Revamp Gas Plant for Aluminium Smelter

Introduction In a strategic move to revitalize its industrial sector and boost local production, Nigeria has signed a $1.2 billion

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December 15, 2024 Renee Henry

Trump Inherits Waning U.S. Strength in Africa Amid Changing Geopolitical Landscape

Introduction As former President Donald Trump returns to the political stage, one of the most pressing issues he will inherit

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December 12, 2024 Renee Henry

Malawi Central Bank Keeps Policy Rate at 26% Amid Inflationary Pressures

In a move to maintain economic stability, the Reserve Bank of Malawi (RBM) has decided to keep its policy interest

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December 8, 2024 Renee Henry

Angola LNG Considers Expansion as Gas Supplies Ramp Up

Byline: With rising gas supplies and a growing demand for liquefied natural gas (LNG), Angola’s flagship LNG project explores potential

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December 5, 2024 Renee Henry

Dollar Drops to Two-Week Low as Investors Take Profit on ‘Trump Trades’

The U.S. dollar hit a two-week low as investors moved to take profits on so-called “Trump trades” amid renewed uncertainty

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December 3, 2024 Renee Henry

Ghana Cocoa Farmers Hoard Beans as They Anticipate Price Hike Amid Global Demand Surge

As global demand for cocoa surges and prices continue to rise, cocoa farmers in Ghana are taking a calculated risk:

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December 2, 2024 Renee Henry

Oil Prices Rise Over 2% as OPEC+ Pauses Output Hike Amid U.S. Election Uncertainty

Oil prices saw a notable increase of over 2% today after OPEC+ postponed its planned output hike, adding to market

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