Ghana has restricted the sale of the Damang gold mine to locally owned firms, tightening state control over strategic resources as it prepares to take over the asset from Gold Fields. Ghana has limited the sale of the Damang gold mine to companies fully owned by Ghanaian citizens, increasing state control over strategic resources. The…
African banks have crossed a major milestone, with industry revenues now exceeding $100 billion for the first time, a sign of the sector’s growing weight in the global financial system. African banking revenues have crossed $100 billion for the first time, signalling the sector’s growing economic weight. Banks are outperforming global peers on profitability, with…
Kenya has confirmed its role as co-host of the 2027 Africa Cup of Nations after paying the $30 million hosting fee to the Confederation of African Football (CAF), ending weeks of uncertainty over its participation. Kenya has paid the $30 million Africa Cup of Nations hosting fee, securing its co-hosting role alongside Uganda and Tanzania.…
