Ecobank bags $205m profit before tax for 2015

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The Ecobank Group has reported profit before tax of $205 million on revenue of $2.1 billion for the year ended 31 December 2015. This compared...

LEAP beneficiaries enrolled on Interbank Payment System

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A total of 146,074 beneficiary households in the 185 districts under the Livelihood Empowerment Against Poverty (LEAP) programme have been enrolled onto the Ghana...

Facebook partners with PHD Ghana

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PHD Ghana is among a select group of top media agencies in Nigeria, Ghana, Kenya and South Africa chosen by Facebook Africa to benefit...

Olam announces US$650m revolving credit facility

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Olam International Limited, a leading agri-business operating across the value chain in 70 countries announced Thursday April 14 that it has secured a revolving...

Indonesia state miners may buy Newmont stake

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Indonesian state miners may partner with a consortium including prominent businessman Arifin Panigoro to buy a stake in Newmont Mining Corp's local operations, an...

AngloGold Ashanti (AU) stock drops on lower gold prices

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AngloGold Ashanti (AU -Get Report) stock is retreating 4.13% to $14.62 in afternoon trading Thursday following a decline in gold prices. Gold for June delivery...

Emirates increases baggage allowance on all Africa routes

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Emirates, the world’s largest international airline with an extensive network across Africa, is set to increase its free baggage allowance for customers travelling on...

Oil demand growth easing – IEA

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Growth in global oil demand will ease to around 1.2 million barrels per day (mb/d) in 2016, below the 1.8 mb/d expansion of last...