Ghana Financial News

Neobank Canza Finance‘s decentralized finance (DeFi) tech provides decentralized foreign exchange (FX) for African currencies, its CEO and co-founder Pascal Ntsama IV said.

commerce ministry is working to address issues related to non-tariff barriers and market access for domestic products in sub-Saharan African countries like Nigeria, Ethiopia, Ghana and Gulf nations to boost India's exports, an official said. The official said meetings have been held with Indian missions of the sub-Saharan African countries with which India has significant bilateral trade. The major trading partners of India in that region in 2022-23 were South Africa (total trade USD 18.9 billion, exports USD 8.5 billion); Nigeria (USD 11.85 billion, exports USD 5.15 billion); Togo (USD 6.6 billion, exports USD 6 billion), and Tanzania (USD 6.5 billion, exports USD 3.93 billion). The other countries were Mozambique (USD 5 billion, exports USD 2.5 billion); Angola (USD 4.22 billion, exports USD 621 million); and Kenya (USD 3.4 billion, exports USD 3.2 billion). «A virtual meeting with Indian Mission of top 10 countries (bilateral trade-wise) in sub-Saharan African region was held in September to discuss the overall economic and commercial relations with those countries, export performance and non-tariff barriers which are acting as impediments to bilateral trade and enhance exports,» the official said. A similar meeting was also held with Indian Missions in GCC countries. GCC is a union of six countries in the Gulf region — Saudi Arabia, the UAE, Qatar, Kuwait, Oman, and Bahrain.

e-commerce sites you frequent as well as from real estate, automobiles and more inviting you to take advantage of the big Black Friday sales? That’s why we are going to learn about the American festival of Thanksgiving. A federal holiday in the United States, Thanksgiving is celebrated on the fourth Thursday in November every year.

The German government has pledged to invest 4 billion euros ($4.37 billion) in African green energy projects until 2030

As 2023 draws to a close, investors are already directing their attention to 2024, honing in on stocks anticipated to deliver robust earnings results in the first quarter of the upcoming year.

Vodafone said Tuesday that it sank into a first-half loss and revenue dipped after one-off gains from asset sales were not repeated as it undergoes a vast overhaul. Net losses totalled 346 million euros ($370 million) in the six months to the end of September, Vodafone said in a results statement. That compared with profit after tax of 945 million euros in the same period a year earlier. Revenues fell 4.3 percent to 21.9 billion euros, hit by adverse foreign exchange rate moves as well as the sale of Vantage Towers, Vodafone Hungary and Vodafone Ghana last time around. But services revenue grew 4.2 percent to 18.6 billion euros. Vodafone added that its transformation plan was «progressing», two weeks after it announced the sale of its Spanish division to investment fund Zegona for up to 5.0 billion euros. In a further streamlining, Vodafone in June agreed to merge British operations with Three UK, owned by Hong Kong-based CK Hutchison, to create Britain's biggest operator with 27 million customers, as it targets an acceleration in faster 5G connectivity. «During the first half of the year, we have delivered improved revenue growth in nearly all of our markets and have returned to growth in Germany in the second quarter,» said chief executive Margherita Della Valle. «Vodafone's transformation is progressing.

stark choice in the second round of its presidential election on November 19th. Sergio Massa, the current finance minister whose government is presiding over inflation of 138% and a bizarre system of various official exchange rates, is facing Javier Milei. Mr Milei is a libertarian who says he wants to tear down the system, borrowing ideas from Friedrich Hayek, Milton Friedman and other free-market economists.

NEW DELHI : Germany is keen to expand its development partnership with India in strategic third countries, a year after the two countries unveiled a program to cooperate in Peru, Malawi, Ghana, and Cameroon. While the India-Germany cooperation in these countries has been focused on climate and sustainability, Germany is interested in expanding the programme to include healthcare projects and sponsoring health-related research and development in Africa, said Jochen Flasbarth, state secretary in Germany’s Federal Ministry for Economic Cooperation and Development, in a press interaction in New Delhi.

deaf community. This remarkable aspect of daily life on the Mumbai trains has been extensively documented by Annelies Kusters, a pioneering scholar who recently achieved the distinction of becoming the UK's first deaf full professor in the field of deaf studies and sign language studies. While Europe and the United States have long seen deaf professors in these areas, the UK had lagged behind, with only hearing individuals holding full professor positions, numbering around 10 to 15.

Launched a year ago in Europe, Sweat Economy builds on Sweatcoin, an app that pays people to walk in coins that can then be used to donate to charity and to get deals when buying goods and services from over 600 brand partners.Sweat Economy is powered by $SWEAT, or Sweat Token, a crypto asset representing tokenised physical activity, minted by steps. The token is managed via a non-custodial Web3 mobile wallet dApp.Accrued $SWEAT can be deposited into “Growth Jars” to be saved and multiplied, and unlock exclusive rewards within the ecosystem.

By Rachel Savage

Russia was defeated in its bid to regain a seat in the United Nations premiere human rights body by a significant majority in Tuesday's election in the General Assembly, which voted last year to suspend Moscow after its invasion of Ukraine. Russia competed against Albania and Bulgaria for two seats on the Geneva-based Human Rights Council representing the East European regional group. In the secret ballot vote, Bulgaria got 160 votes, Albania got 123 votes and Russia just 83 votes.

By Jorgelina do Rosario

Rapidly rising Treasury yields have brought back fears of a potential wave of defaults across emerging markets, with investors questioning which countries struggling with heavy debt loads will miss payments or be forced to restructure first.

South Africa’s overall mining profits slipped by more than $5 billion in the last financial year

At the U.N. General Assembly meeting in New York, African leaders are relaying a unanimous message, that their continent of more than 1.3 billion people is done being a “victim” of a post-world war order and must be recognized and partnered with as a g...

João Félix, Manchester City’s Julián Álvarez and Paris Saint Germain’s Kylian Mbappé all scored as their teams made winning starts in the Champions League. But the wildest celebrations of the night came in Rome, where Lazio goalkeeper Ivan Provedel headed in the team’s equalizer in the fifth minute of injury time to earn a 1-1 draw with Atlético Madrid.

Premier Bet Malawi is a name you might have heard a lot about before and is generally considered the leading sports betting platform in the country. In this expert guide, we will run the rule over it and help you discover if this is the best sports betting site to register with. To begin with, we will show you the current best offer for new players you can find on PremierBet’s website: ⏩Get a 100% match on your first deposit, up to 50,000 MWK⏪ Premier Bet is one of the biggest sportsbooks in Africa and a familiar name in places like Nigeria, Cameroon and Ghana.

The government of Guyana has opened bids for 14 offshore oil blocks available for exploration and development as the South American country seeks to ramp up oil production

Edmonton soccer darling Alphonso Davies has been crowned the most influential Canadian sport star, based on Instagram statistics, including number of followers and engagement.

JOHANNESBURG—Walmart’s investment in Africa tanked. It is responding by doubling down. More than a decade ago, Walmart spent $2.4 billion to buy a controlling stake in South African retailer Massmart, which also had operations in a dozen other sub-Saharan countries.