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banks

Zambia’s central bank raises key lending rate to 11.50 percent

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Zambia's central bank on Wednesday raised the policy rate by 125 basis points to 11.50 percent. The decision was made by the...

Hope For Cancer Treatment As LCCG Raises 100k

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Cancer is a leading cause of death of children, with 300,000 new cases diagnosed each year among children aged 0-19 years. Children with cancer...

Namibian retailer raises funds to promote environmental sustainability

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Pick n Pay (PnP), a large Namibian retail chain store, said Tuesday that it raised 195,000 Namibian dollars (about 12,787 U.S. dollars) through the...
petroleum revenue

South Sudan raises daily oil output to 180,000 barrels

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South Sudan's oil output has increased to 180,000 barrels per day (bpd), petroleum minister Ezekiel Lol Gatkuoth said on Thursday. Gatkuoth said...

InsureTech Startup gets US$6Million funding to provide climate insurance for Ghana farmers

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WorldCover, the insuretech startup which launched out of Y Combinator in 2016 and provides affordable satellite enabled climate insurance to smallholder farmers in emerging...
President Trump: I commend the policemen who prevented this incident from becoming a disaster

Trump campaign raises over US$30 million in Q1

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The re-election campaign of U.S. President Donald Trump raised more than 30 million U.S. dollars in the first quarter of 2019, CNN reported on...
Ghana Cocoa Board

COCOBOD Raises Incentive Package for Cocoa Restoration

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Ghana Cocoa Board has reviewed upwards the initial treatment grant, which is part of the compensation package, for landowners and cocoa farmers who agree...
housing

Group of Local Banks Mobilises US$51 Million for a Housing Project

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A consortium of local banks has raised 51 million dollars towards the completion of the 200,000 Social Housing Units in Koforidua, Tamale and Ho,...

Heroic “mother” raises 40 children of soldiers during WWII

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At 104 years old Zhang Shuzhen passed away, and her family received a condolence letter jointly written by dozens of people who claimed to...
Health screening exercise

Viewpoint: Universal Healthcare in Africa is a Necessity for Genuine Development

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Conference in South Africa raises issues on whether the approach should be private or state-driven Many of the news stories about African Union (AU) member-states...
Ghana Parliament-

Ghana’s Minority in Parliament Protests Over Double Taxation Agreement

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The Minority in Parliament has raised concerns over governments intention to approve a Double Taxation Agreement with the Czech Republic, Morocco, Mauritius and Singapore...
bond

Ghana has successfully raised 2-billion dollar-bond

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Ghana has raised a total of US$ 2.0 billion from its 2018 sovereign bond issuance, which was concluded on Thursday May 10, 2018 -...
bond

Ghana raises US$2 billion in double tranche Eurobonds

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Ghana has successfully raised 2 billion U.S. dollars in a double tranche Eurobond in the global capital market, the Ministry of Finance said Friday. Half...
CoinAfrique

CoinAfrique classifieds app platform raises €2,5 Million in Series A Round

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CoinAfrique, the most downloaded classifieds app in French-speaking Africa, aims to exceed 10 million monthly users by 2022. The classified ads platform CoinAfrique has raised...
domestic bond

Ghana raises US$182.6 million in seven-year domestic bond

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Ghana raised 809.89 million Ghana cedis (182.6 million U.S. dollars) in a seven-year domestic treasury bond issue on Thursday, the book builders said. The amount...
infrastructure

EAIF mobilizes US$385 million to invest in Africa

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· Allianz becomes EAIF’s first commercial institutional investor · AfDB returns as an...
Upstream Oil Drilling Platform

Energy think tank ACEP raises red flag over Ghana’s dormant upstream petroleum contracts

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Energy think tank African Center for Energy Policy (ACEP) urged government here on Thursday to take steps to review contracts awarded some International...
bond

Ghana raises US$221 million in three-year dollar bond

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Government of Ghana on Thursday successfully raised 221.4 million U.S. dollars in a three-year domestic U.S. dollar denominated bond, lead arrangers have said in...
Fuel

Zambia raises fuel prices on oil price hike, depreciation of local currency

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Zambian consumers will pay more for fuel at the pump from midnight Tuesday, the Energy Regulation Board (ERB) said. The decision to raise the price...
Luxury Real Estate developer DAMAC Properties is guaranteeing an Aston Martin or Mercedes-Benz with properties sold during the Dubai Shopping Festival (DSF). (Photo: Business Wire)

PPG Ghana Raises Funds for Community Housing Project

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AMA, Primrose Properties Ghana Ltd. ("PPG") is pleased to announce that it has received a follow-on investment from the Atlantic Coast Regional Fund ("ACRF"),...
SSNIT

Health Service Workers Union Queries SSNIT

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A study conducted by the Health Services Workers’ Union (HSWU) has revealed that there are many anomalies in the payment of Social Security and...
Bank of Ghana

Bank of Ghana raises minimum capital requirement for banks by 233.3 percent

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Commercial banks in Ghana are required to increase their minimum capital by 233.3 percent to 400 million Ghana cedis (90.19 million U.S. dollars), the...
bond

Ghana raises US$ 312.2 million in a five year bond

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At the close of bids late Friday, Government of Ghana received1.38 billion Ghana cedis or 312.2 million U.S Dollars from its new ...
bond

Ghana government raises US$341 million in 5-year domestic bond

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The government of Ghana raised 1.49 billion Ghana cedis (341 million U.S. dollars) in a five-year domestic bond here on Thursday, transaction advisers have...

Kenya’s private equity raises US$30 million to fund SME

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Kenya's private equity fund that is backed by the private sector arm of the World Bank has raised about 30 million U.S. dollars to...

Ghana’s First Lady Raises Funds to Put Up Maternity Block for KATH

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Ghana’s first lady Rebecca Akufo-Addo has called on Ghanaians and corporate organizations to assist raise an amount of GH10 million cedis to construct a...
debt

Kenya raises US$230 million from T-bills amid surging domestic debt

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Kenya accepted a record 230 million U.S. dollars from two Treasury bills it auctioned this week amid swelling domestic debt. The amount...
hunting for eurobonds

Ghana raises US$1.12 billion in domestic bonds

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Ghana came out of the market late Friday with 4.87 billion Ghana cedis (1.12 billion U.S. dollars) in two concurrent domestic market bonds. ...
hunting for eurobonds

Ghana raises US$218 million in three-year domestic bond

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The Government of Ghana completed its sale of three-year domestic capital market bond here late Thursday, raking in 218.14 million U.S. dollars, according to...
food aid

Charge over food aid brings up issues on Zambia’s sustenance security circumstance

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The death of eight people who tried to queue up to receive food aid at a sport complex in Lusaka, the Zambian capital, has...