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Interest rates remarkably fell significantly within just a week, following the government’s decision to reject bids with higher yields. According to the latest auction by the Bank of Ghana, the 91-day yield fell once again to 19.04% from…

Ambassador of Denmark to Ghana, Tom Nørring has disclosed that Ghana loses over 16 million dollars which is about 50 percent of its food harvest to post-harvest losses for some selected food crops. Mr. Norring seized the opportunity to…

America’s Silicon Valley Bank (SVB), one of the most prolific lenders in the private market ecosystem, has been embroiled in a major crisis. SVB Financial Group bonds plunged alongside its shares after the company moved to shore up…

US regulators have shut down Silicon Valley Bank (SVB) and taken control of its customer deposits in the largest failure of a US bank since 2008. The moves came as the firm, a key tech lender, was scrambling to raise money to…

A publication done by the International Monetary Fund (IMF) Blog says that one year after Russia’s invasion of Ukraine upended agricultural commodity markets, food prices remain elevated even after retreating from their record highs in…

Fears of a slowdown in the U.S. economy have pressured crude oil prices, setting them for what could end up being their worst weekly performance in five weeks. The slide began on Wednesday and accelerated on Thursday, after Federal…

The combined oil production of the OPEC+ group dropped in February by 80,000 barrels per day (bpd) as a small rise in Russia’s still resilient output failed to offset declines in Angola, Iraq, and Kazakhstan, according to the Platts survey …

Oil prices are on course for their largest weekly decline since January after the head of the Federal Reserve reignited recession fears. Friday, March 10th, 2023 The prospect of higher and potentially…

The African Development Bank and the Coalition for Dialogue on Africa (CoDA) have officially launched a three-year support project to improve regional coherent and coordinated response to illicit financial flows. The project will help…

African economies remain resilient with a stable outlook in 2023-2024 despite the tightening global financial conditions, the African Development Bank has projected in a new report. The report, Africa’s Macroeconomic Performance and…