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Debt-ridden Ghana plans to buy oil with gold instead of dollars, as foreign currency reserves...
Business Insider via Yahoo Finance· 2 years agoGhana's Vice-President Mahamudu Bawumia announced a "new policy regime" in which the African country...
Ghana in Talks With Dubai Oil Refiner to Barter Gold for Fuel
Bloomberg via Yahoo News· 2 years ago(Bloomberg) -- Ghana is in talks with Emirates National Oil Co. for a barter arrangement that will...
IMF board approves $3 billion bailout for Ghana amid economic crisis
AP Finance via Yahoo Finance· 1 year agoThe International Monetary Fund's executive board has approved a long-awaited $3 billion bailout for Ghana in hopes of combating the country’s economic crisis. Facing soaring inflation, high ...
Analysis-Dollar drought haunts frontier economies
Reuters via Yahoo Finance· 11 months agoAs Pakistan spiralled into crisis this year, Wilson Muthaura pressed its government to put the tea Kenya's KTDA co-operative produces 3,400 miles away on...
China Spent Years Lending to Low-Income Countries. That's Becoming a Problem
Time via Yahoo News· 11 months agoCitizens visit the Belt and Road exhibition area during the third China-Africa Economic and Trade...
UPDATE 2-Kenya seeks to defer fuel payments to ease FX pressure
Reuters via Yahoo Finance· 1 year agoKenya is asking up to a year to pay for imported oil rather than as soon as it is delivered to relieve pressure on the foreign exchange rate, Energy Minister Davis Chirchir said on Monday. The ...
12 Most Advanced Countries in Africa
Insider Monkey via Yahoo Finance· 1 year agoIn this piece, we will take a look at the twelve most advanced countries in Africa. For more countries, head on over to 5 Most Advanced Countries in...
