Newmont subsidiary repays $190m credit balance

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Newmont Mining Corporation (NYSE: NEM) has announced that its Indonesian subsidiary PTNNT repaid the remaining $190 million balance under its Revolving Credit Facility due...

Jumia’s hotel inventory in Ghana hits 1k

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Online booking website Jumia Travel has announced a milestone of 1000 in hotel inventory, making it the biggest hotel inventory in Ghana.Jumia, which is...

OPEC daily basket price $43.27

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The price of OPEC basket of fourteen crudes stood at $43.27 a barrel on Thursday, compared with $42.54 the previous day, according to OPEC...

Gold heading for biggest jump

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Gold is on a roll, courtesy of the Federal Reserve. The precious metal is heading for the biggest weekly advance since July after U.S....

Ghana signs $700m guarantee for Sankofa, Gye Nyame Oil project

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The Government of Ghana has signed an  agreement of 700 million dollars  with the World Bank to provide financial guarantee for the Sankofa Gye...

Ghana to get $500m WB guarantee for Eni gas

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The World Bank will provide up to $500 million to Ghana in the form of a partial risk guarantee for use if the country...

Asante Gold makes $1m private placement

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Asante Gold Corporation (CSE:ASE/ FRANKFURT:1A9/OTC:ASGOF) has announced its intention to complete an exploration campaign and working capital private placement of up to 5,555,555 units...

BoG to release new guidelines on mobile financial services

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The Bank of Ghana is to soon come out with revised regulations on Ghana’s mobile financial service sector. It follows what the central bank views...