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In his first State of the Nation address after re-election, President Mahama highlighted alarming economic conditions, disclosing that the Sinking Fund holds only $64,000. He stressed the urgent need for …
President Mahama’s State of the Nation Address: An Urgent Call for Economic Recovery Read More
The Saudi Central Bank recently introduced the Close-out Netting and Related Financial Collateral Regulation, effective February 17, enhancing netting agreement enforceability. This change is expected to significantly reduce risks and …
Excitement Surrounds New Saudi Netting Regulation as Financial Landscape Evolves Read More
Flutterwave has obtained a Payment System licence from the Bank of Zambia, allowing Zambian businesses to utilize its payment solutions for efficient local and international transactions. With mobile money services …
Flutterwave Expands Operations in Zambia with New Payment Licence Read More
Brazil’s central government posted a primary budget surplus of 84.882 billion reais ($14.6 billion) in January, falling short of the expected surplus of 88.450 billion reais. This budget performance highlights …
Brazil Reports $14.6 Billion Primary Budget Surplus in January Read More
The IMF highlights Zambia’s economy showing greater resilience than expected in 2024, driven by strong performances in mining and non-mining sectors. This assessment follows a recent visit from IMF staff, …
IMF Acknowledges Zambia’s Economic Resilience in 2024 Read More
Former President Mahama projects that Ghana’s debt servicing will reach Ghc280 billion in four years, with Ghc150 billion for domestic debt and Ghc130 billion for external debt. He also reports …
Ghana’s Economic Gloom: Debt Servicing and Energy Sector Challenges Read More
Brazil’s current account deficit has risen sharply, nearly tripling to $8.7 billion in January compared to the previous year, with potential implications for foreign direct investment coverage. FDI stood at …
Brazil’s Current Account Deficit Faces Severe Challenges with Diminishing FDI Coverage Read More
ATOME PLC has secured significant funding for its Villeta green fertiliser project in Paraguay, with an agreement of at least $100 million from Hy24’s Clean H2 Infra Fund. This partnership …
ATOME Advances Villeta Green Fertiliser Project with Significant Funding Agreement Read More
The IFS has urged the Ghanaian government to set realistic budget targets to enhance fiscal credibility, highlighting the historical issue of overestimated revenue projections. The institute cautioned against excessive borrowing …
IFS Advocates for Realistic Budget Targets to Enhance Fiscal Credibility in Ghana Read More
Credibanco and Dock have launched Bre-B, an instant payments solution in Colombia, set to debut in September 2025. This system aims to enhance the payment experience by enabling secure, real-time …
Credibanco and Dock Unveil Instant Payments Solution Bre-B in Colombia Read More