09/02/2022

IMF approves $1.3bn loan for Zambia

The lending plan will be vital to keeping the country's economy afloat and positioning Zambia as a model for resolving Africa’s debt crises.

08/30/2022

$750m Afrexim Bank loan hits Bank of Ghana’s accounts

The proceeds from the loan, according to the government will help shore up its reserves, which stood at $7.68 billion, as of June 2022, a move that could help slow down the rate of depreciation of the local currency against the dollar.

08/25/2022

Ghana Central Bank Announces Launch of Regulatory Sandbox

The Ghanaian central bank has touted the recently launched regulatory and innovation sandbox as a fulfillment of its “commitment to continuously evolve a conducive regulatory environment that fosters innovation, financial inclusion and financial sta

08/24/2022

Bank of Ghana Launches New Regulatory Sandbox

At the same time, the restrictions imposed on movement of persons as part of the covid-19 containment measures have spurred the adoption of digital financial services among individuals, businesses, government ministries, departments and agencies.