There are 54 countries in Africa. More than 20 produce oil, and five of these countries are part of the world’s 30 oil-producing countries. However, only two countries in Africa do not import oil. In 2019 Africa accounted for more than 7.9 million barrels per day, which is about 9.6 per cent of global output. […]
A Deputy Minister of Finance, Dr John Ampontuah Kumah has assured that the government on Monday (August 29, 2022), received the full loan amount of $750 million from the African Export-Import Bank (Afreximbank) but $37 million from the facility was set aside for debt service obligations. His comments come after the ranking member on the […]
The African Continental Free Trade Area (AfCFTA) agreement has made a major breakthrough, as its Council of Ministers has now agreed on a criteria to determine the origin of 88 per cent of all products on the tariff books across the continent. Technically known as the Rules of Origin, it is the level of value […]
