Business

Business: mPharma of Ghana has raised another $17 million and appointed an ex-CVS boss to its board

Ghanaian startup mPharma, which manages prescription drug inventory for pharmacies and their suppliers, has raised $17 million in its latest…

June 4, 2020

Business: Stock Exchanges in Ghana and Nigeria set to deepen West African capital markets

The economy of Nigeria – the most populous country in Africa, with more than 200 million inhabitants – was transformed…

June 3, 2020

Business: Standard Bank sheds 5% on flagged profit decline

The Standard Bank Group share price declined by more than 5 percent on the JSE on Monday after the group…

June 2, 2020

Business: Will Nigerians pay more for fuel as crude price rallies

The federal government slashed the pump price of PMS when the price of crude fell at the global market with…

June 1, 2020

Tourist distancing: Virus impacts Kenya’s Giraffe Manor

The impact of coronavirus on the Kenyan economy is being felt in the hospitality industry where closes airspace means tourists…

May 31, 2020

Kenya: May inflation eases to 5.47% despite rising Consumer Price Index

The country's year-on-year inflation rate eased to 5.47 per cent in May from 5.62 per cent in April, latest data…

May 30, 2020

Business: Gold rises as investors head to safe havens

Gold prices ticked up on Friday as the Sino-US rift deepened over further moves by Beijing to impose a security…

May 29, 2020

Business: Libya’s Economic Losses From Ports Blockade Reach About $5 Billion

The company added that these losses were a serious blow to the national economy. In January, the NOC announced an…

May 28, 2020

Business: Bolt raises capital of Sh11billion to upgrade product segments

Ride-hailing firm Bolt has raised Sh11 billion worth of investment capital from Naya Capital Management to boost its growth and…

May 27, 2020

Kenya: High loan provision eats into banks’ Q1 profits

High forward-looking loan provision in the wake of Coronavirus dent banks’ profits in the first three months of the year.…

May 25, 2020

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