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AfDB urged to partner international institutions to raise financial resources ….to finance climate resilient projects

The African Development Bank (AfDB) has been urged to partner with continental and international entities to ramp up funds for mitigation and adaptation efforts to tackle climate change on the continent. An alliance with the African Union, the Regional Economic...

We’re partnering with DBG to expand our SME support capabilities – CBG MD

The Managing Director of Consolidated Bank Ghana (CBG) Limited, Mr. Daniel Wilson Addo, has announced that CBG is expanding its Small and Medium-sized Enterprises (SME) capabilities by partnering with the new Development Bank Ghana (DBG) to deliver technical and...

Financial services, products should align with MSMEs needs

Mr. Michael Kofi Andoh, Deputy Commissioner, National Insurance Commission, has called for financial services and products that align with the needs of Micro, Small and Medium Enterprises (MSMEs). He said there was a demand and supply disconnect between these services...

DR Congo military accused of shelling civilians in Rwanda

Rwanda’s military has accused forces of the neighbouring Democratic Republic of Congo of wounding several civilians in cross-border shelling, and asked regional monitors to investigate. Rwanda Defence Force spokesman, Col Ronald Rwivanga, said authorities were “engaging” their DRC counterparts over...

‘Banking sector posted strong performance in April despite reversal of COVID-19 reliefs’

The banking sector posted a strong performance in April despite the reversal of the COVID-19 regulatory relief measures introduced in March this year, the Governor of the Bank of Ghana (BoG), Dr Ernest Addison, has said. “Total assets rose to...

Nigeria outlaws payment of ransom to kidnappers

The Nigerian Senate on Wednesday passed a bill seeking to outlaw the payment of ransom to kidnappers while amending an existing law against terrorism in the most populous African country. The newly passed Terrorism (Prevention) Act 2013 Amendment Bill 2022...

‘168 killed, 98 injured in western Darfur violence’

At least 168 people have been killed and 98 injured in tribal clashes in the western Darfur town of Kreinik, a spokesperson for a refugee group said on Sunday. The violence was the latest in an uptick of such incidents...

Guinea, Burkina Faso risk more sanctions over transition delay

Guinea’s ruling military government has signalled that it might break a deadline to set out its plans to return to civilian rule, opening the prospect of more sanctions from West Africa’s political and economic bloc. There was no immediate announcement...

Buhari: Nigeria in trauma after blast deaths

Nigeria’s president has said the country was in “shock and trauma” following the deaths of at least 100 people from an explosion at an illegal oil refinery. President Muhammadu Buhari described the incident in Imo state, southern Nigeria, as a...

GNFS acquires land in 7 regions to build training schools

The Ghana National Fire Service (GNFS) has acquired a total of 1,510 acres of land in seven regions for the construction of fire colleges and training schools to train adequate personnel for the service. Three hundred acres each are at...
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