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Ghana is courting IMF and World Bank support as it advances debt restructuring and tries to steady…

Vaughn Hillyard May 19, 2026
Ghana reached a debt restructuring agreement with G20 creditors to restore fiscal stability and access $300 million in international budget support.
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Safaricom’s M-Pesa is pushing deeper into regional payments as Kenya and Ethiopia expand…

Vaughn Hillyard May 19, 2026
Safaricom expanded M-PESA Global to Ethiopia, enabling direct cross-border mobile money transfers between Kenya and Ethiopia.
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MTN Nigeria posts stronger data revenue as telecom users surge despite FX and power costs

Vaughn Hillyard May 19, 2026
MTN Nigeria's data revenue rose 49.1% in fiscal 2024, driven by increased subscribers, smartphone use, and data service monetization despite FX and power costs.
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African markets close mixed, with South Africa, Kenya, Namibia and Ghana diverging on commodity and…

Vaughn Hillyard May 18, 2026
African markets closed mixed Thursday, with South Africa rising on gold gains, while Kenya, Namibia, and Ghana showed varied performances amid currency shifts.
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South Africa’s Ramaphosa offers Trump a trade deal as rand hovers near a five-month high before…

Vaughn Hillyard May 18, 2026
South African President Ramaphosa proposed a trade deal to U.S. President Trump amid rising rand and upcoming budget talks.
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Nigerian tech startup Flutterwave secures $250 million funding round led by Tiger Global

Vaughn Hillyard May 17, 2026
Nigerian fintech Flutterwave raised $250M in Series D funding led by B Capital Group, valuing the company at over $3 billion.
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Kenya Airways announces new direct flights from Nairobi to New York starting July 2024

Vaughn Hillyard May 17, 2026
Kenya Airways will start direct flights from Nairobi to New York JFK five times weekly beginning July 2024.
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OPEC Plus lifts June crude oil output quota amid United Arab Emirates departure from cartel

Vaughn Hillyard May 6, 2026
OPEC+ raised its June crude oil output quota by 188,000 barrels per day after the UAE left the group, aiming to maintain market stability.
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Ghana withdraws from United States aid agreement negotiations citing privacy protection concerns

Vaughn Hillyard May 6, 2026
Ghana withdrew from $109 million U.S. health aid talks over concerns about privacy and U.S. demands for access to citizens' personal data.
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Precise dollar figures for IMF deals, mining contracts, and debt instruments

Vaughn Hillyard May 6, 2026
The U.S. committed about $164 billion to the IMF by 2023, enhancing its global lending capacity through leveraged donor contributions.
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