Business
Ghanaian President Approves Visa-Free Entry for All African Nationals
President Nana Addo Dankwa Akufo-Addo of Ghana has approved a policy granting visa-free entry to all African nationals, fulfilling a key promise made earlier this year.
This policy, set to take effect before January 6th, 2025, positions Ghana alongside countries like Rwanda, Seychelles, The Gambia, and Benin in offering visa-free access to African passport holders.
-
Nigeria Set to Clear IMF Loan by 2029
Nigeria is on course to complete repayment of its International Monetary Fund (IMF) Rapid Financing Instrument (RFI) loan by 2029, based on the latest repayment schedule published by the IMF. The country received emergency support amounting to 2,454.50 million Special Drawing Rights (SDRs), roughly equivalent to $3.32 billion at the current exchange rate of SDR1…
-
Court Dismisses Request to Halt CBN’s Use of eNaira Trademark
A Federal High Court in Abuja has rejected an application seeking to temporarily stop the Central Bank of Nigeria (CBN) from using the “eNaira” trademark. The request was filed by eNaira Payment Solutions Limited, which asked the court to restrain the apex bank from asserting ownership of the eNaira name in the United States or…
-
Ex-South Korean PM Han Duck-soo Enters Presidential Race
Han Duck-soo, former Prime Minister of South Korea, has officially declared his intention to run for president in the upcoming snap election set for June 3. The election follows the impeachment and removal of President Yoon Suk Yeol, whose December declaration of martial law sparked a prolonged political crisis. Han’s candidacy comes amid rising political…
The initiative aims to foster greater economic integration and ease the movement of people, goods, and services across the continent.
It is aligned with the goals of the African Continental Free Trade Area (AfCFTA) to promote intra-African trade and economic cooperation.