Ghana
Ghana: S&P downgrades Ghana’s credit rating from B- to CCC+ – Report
American credit rating agency, Standard and Poor’s (S&P) Global Ratings on Friday, August 5, pushed Ghana’s debt further into speculative territory, lowering its ...
News
Nigeria: FCCPC says it’s illegal for DisCos to disconnect customers’ electricity without 10-day notice
The Federal Competition and Consumer Protection Commission (FCCPC) says it is illegal to disconnect a consumer from the source of power supply without ...
Africa
Africa: Beacon Power Services raises $2.7M to improve electricity access for sub-Saharan African cities
Sub-Saharan Africa’s share of the global population without access to electricity stood at 77% in 2020, according to reports. Also, the average daily electricity ...
Global
Global: Mastercard and Visa stop processing payments for Pornhub advertising arm
Visa and Mastercard will stop processing payments for the advertising arm of Pornhub’s parent company after developments in a lawsuit relating to child ...
Ghana
Ghana: Record low for Cedi as Ghana halves FX auction support – Report
The Cedi dropped to a fresh low against the dollar this week, trading at 8.65 from 8.30 at last week’s close, after the ...
News
Nigeria: Amazon Prime Video Launches Local Service in Nigeria
Amazon Prime Video today announced the launch of the localized version of its streaming service in one of Africa’s biggest markets–Nigeria. Just as ...
Kenya
Kenya: Banking Sector Tax Contribution Hits 5 Year High in 2021
The Kenyan banking sector registered the highest tax contribution in five years, a new survey shows. The survey which was prepared by Price ...
Ethopia
Ethiopia: Kacha becomes the first private mobile money operator
Kacha will seek to transform the pace of digital and financial inclusion in Ethiopia Following a license certification by the National Bank of ...
Global
Global: Bank of England Books Biggest Rate Hike in 27 Years
Bank of England (BoE) raised its key interest rate by 50 basis points to 1.75%, the biggest in 27 years amidst expectation that ...
News
Nigeria: Nigeria wants Google to block banned groups from YouTube
The government of Nigeria has made a request for tech giant Google, to block banned groups and terrorist organizations from using YouTube channels and ...
