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studiocb55

Africa

Ghanaian citizens can now travel to Morocco without a visa

Ghanaian citizens no longer need traditional visas to travel to Morocco, following a new agreement between the two countries. The announcement was made by Ghana’s Foreign Affairs Minister, Samuel Okudzeto Ablakwa, who said the new policy takes immediate effect. Instead…

Kenya tells tea factories to cut ties with Rainforest Alliance due to costs

Government says ethical certification is adding financial strain on smallholders rather than being paid by customers The Kenyan government has told its tea factories to stop working with the Rainforest Alliance because it says the costs involved in securing the…

AFC Lauds Ethiopian Airlines In Annual Infrastructure Report

Ethiopian Airlines now controls 35 percent of Africa’s cargo market, according to a new report from the African Finance Corporation (AFC). The latest edition of the multilateral finance institution’s annual infrastructure report indicates the competition lags far behind, with Kenyan…

Ecobank Transnational appoints Adepoju as Executive Director

Ecobank Transnational Incorporated The Board of Directors of Ecobank Transnational Incorporated, the parent company of the Ecobank Group, has announced the appointment of a Nigerian, Ayo Adepoju, to the Board as Group Executive Director.   According to a statement on…

Our daughters are all marrying Nigerian men — Kenyan President laments

Kenyan President, William Ruto, has humorously raised concern over the increasing number of Kenyan women marrying Nigerian men, including his own daughter. Speaking at a wedding ceremony, Ruto pointed to what he described as a noticeable trend of Kenyan women…

Chad suspends visa issuance to US citizens in response to travel ban

In a bold move underscoring national pride and diplomatic reciprocity, Chad has announced the suspension of visa issuance to US citizens. The decision, revealed in a Facebook post by President Idriss Deby on Thursday, follows the inclusion of Chadian nationals…

Friendly: Ogun Governor Abiodun gifts Super Falcons N20m for win over Cameroon

Ogun State Governor Dapo Abiodun has doled out a sum of N20m to the Super Falcons following their victory over Cameroon. Nigeria defeated the Indomitable Lionesses 2-0 in a friendly at the Moshood Abiola Sports Arena, Abeokuta, on Tuesday. Captain…

Kenya approves Moniepoint’s acquisition of 78% stake in Sumac Microfinance Bank

The Competition Authority of Kenya (CAK) has given its approval for Moniepoint Inc.’s proposed acquisition of a 78% stake in Sumac Microfinance Bank Limited, stating that the transaction does not pose any threat to market competition or public interest. According…

Senegal aims to raise tax collection to cut reliance on external funding

Senegal plans to boost tax compliance to increase revenue and reduce reliance on financing from external sources like the International Monetary Fund, its Prime Minister Ousmane Sonko has said. The West African nation is engaging with the IMF to craft…

Ideal value of Cedi should range between GH¢10 and GH¢12 to US dollar

President John Mahama has projected that the Ghana cedi will stabilise within a band of GH¢10 to GH¢12 against the US dollar, describing it as a fair value to support both exporters and importers while maintaining macroeconomic stability. According to…