The government of Ghana has disbursed GH₵6.081 billion in cash to Domestic Debt Exchange Programme (DDEP) bondholders, following President John Mahama’s directive to settle outstanding coupons and build a financial buffer. Additionally, GH₵3.46 billion has been credited to bondholders’ securities accounts as a Payment-In-Kind (PIK), per DDEP terms. To enhance debt management, GH₵9.7 billion has…
Nigeria’s President Bola Ahmed Tinubu has called for the establishment of a security force dedicated to safeguarding West Africa’s coastal waters, with Lagos as its headquarters. The initiative was announced by Foreign Affairs Minister Yusuf Tuggar during the 38th African Union (AU) Summit in Ethiopia. The proposal aligns with the AU’s broader efforts to strengthen…
Guinea’s transitional government has launched the second phase of its nationwide immersion tour, focusing on the prefectures of Upper Guinea to assess local needs and develop tailored policies. Officials say the initiative aims to gather first-hand insights from communities to inform long-term development strategies. However, the tour has drawn criticism from opposition groups and civil…
The Nigerian Government has been commended for its role in implementing the African Continental Free Trade Area (AfCFTA) Digital Trade Protocol, which has significantly contributed to the expansion of digital trade across Africa. Former President of Niger, Mahamadou Issoufou, praised the Tinubu-led administration during the 8th African Union Summit, acknowledging its efforts in advancing digital…
The Gambian Ministry of Commerce has temporarily halted the planned increase in bread prices, initially proposed by the national bakers’ union. A statement from the Ministry confirmed that talks are ongoing with the bakers’ union to review their proposal. The price hike, which would have raised the cost of a baguette from 10 to 13…
