Saturday, April 5, 2025

Business

GIZ hands over GHȻ400,000 worth of PPE to Departments of Agriculture

The German Development Cooperation (GIZ) has handed over in excess of GHȻ400,000.00 worth of COVID-19 Personal Protective Equipment (PPE) to 14 District Departments of Agriculture and Regional Coordinating Councils of the Upper West, Savannah and North East Regions. Done on...

Finance Ministry shuts down over coronavirus scare

The Ministry of Finance has said it has closed down its premises from July 7, 2020, due to an ongoing Coronavirus testing exercise on its staff. In a memo issued by the Chief Director of the ministry, Patrick Nomo, and copied to...

DHL cuts 2,200 jobs at Jaguar Land Rover

DHL said it was restructuring its business working with the car maker as it faced "highly challenging trading conditions". Logistics firm DHL is cutting up to 2,200 jobs at Jaguar Land Rover factories as the car sector wrestles with the...

African Energy Chamber Launches New Energy Jobs Portal and Pledges to Boost Local Content

The platform will assist local and international companies in attracting local talent across 30 different skills set in the oil & gas, power and renewable energy sectors In order to maximize the saving of local jobs and assist in the...

Atlas Petroleum Resumes Development of OML109 in Nigeria

OML 109 comprises 14 identified and mapped prospects and leads, and an un-risked resource potential in excess of 500 million barrels of oil equivalent. Over the weekend, Atlas Petroleum International has resumed work over activities and well interventions on OML...

African Development Bank joins World Trade Organisation (WTO) and other Multilateral Development Banks (MDB)s to support trade finance amid COVID-19 crisis

Since the beginning of the COVID-19 outbreak, multilateral development banks have stepped up their trade finance programs to support essential imports and key exports The African Development Bank Group (www.AfDB.org) has joined the World Trade Organisation and other multilateral development...

Boeing announces next wave of job cuts

The layoffs are part of a previously announced plan to to reduce the workforce by 10 percent Boeing has reportedly announced that the company is undergoing another round of layoffs. The company notified approximately 1,030 employees companywide that they will lose their jobs by...

George Floyd: Twitter drops ‘master’, ‘slave’ and ‘blacklist’

Social media platform Twitter is dropping the terms "master", "slave" and "blacklist" in favour of more inclusive language. The terms are frequently used in programming codes which originated decades ago. US bank JPMorgan has also announced a similar move as more...

European Travel Bans are counter-productive and hurting the Oil & Gas Sector’s ability to support Africa’s Economic Recovery

Restrictions of visa issuance are de facto preventing a lot of projects to move forward and to successfully contribute to the recovery of the continent The continuation of travel restrictions and suspension of visas and travel between Africa and Europe...

African Development Bank to launch African Economic Outlook 2020 Supplement

The supplement revises the growth projections and outlook for Africa for 2020 and 2021 and highlights the impact of COVID–19 on Africa’s socio-economic landscape The African Development Bank (www.AfDB.org) will launch its African Economic Outlook 2020 Supplement in a live...
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