Bloomberg — financial news and data platform appearing in coverage of African markets, policy, and international economics.
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Joy Online
… Dr Asiama disclosed this in an interview with Bloomberg in London. The Governor also assured that “they [BoG] do not see things getting out of hand, based on the work that we have done by building the necessary reserves to help withstand the shocks”.He was also of the view that t …
We have built required reserves to withstand oil price shocks – BoG GovernorJoy Online
… Speaking in an interview with Bloomberg, Dr Forson said recent developments in the mining sector had raised important policy concerns about the purpose of lease renewals and whether they are being used to facilitate continued mining operations or to create opportunities for lucra …
Lease renewals must not become asset sale opportunities – Ato ForsonJoy Online
… He cited a Bloomberg report on that on May 15, that indicated that the GSE Composite index had delivered a return of 63.4 per cent, making it one of the world’s top-performing equity markets in 2026, which was second only to South Korea. …
Mahama opens London Stock Exchange; courts global investors to Ghana Stock ExchangeJoy Online
… The finance minister disclosed in an interview with Bloomberg in London. According to him, the government has implemented measures to stabilise the economy, and so far, the country has managed those shocks well. …
We don’t see inflation increasing above 5% by December 2026 – Ato ForsonBusiness & Financial Times
The Central Bank of Congo (BCC) has adopted Bloomberg’s BMatch solution to enhance transparency and efficiency of interbank foreign exchange trading in the Democratic Republic of Congo. …
Central Bank of Congo selects Bloomberg’s BMatch to help electronify foreign exchange marketJoy Online
… Trade Representative Jamieson Greer said on Friday morning that China was being very pragmatic about involvement with Iran, and it was important to China to have the Strait of Hormuz open, in an interview with Bloomberg.
Oil rises as fears of ship attacks and seizures persistJoy Online
… This is according to Bloomberg, which cited anonymous sources familiar with the discussions. …
Ghana targets $1bn in cocoa bonds as part of overhaulBusiness & Financial Times
… Bloomberg has catalogued a string of cases in which bank staff hired to police money laundering instead sold customer information to organised crime networks, some recruited through social engineering that targeted employees in personal financial distress. …
The enemy within: How insider fraud is quietly eroding the banking sectorA Singapore court ordered Bloomberg and one of its reporters to pay S$460,000 ($356,000) to two ministers, K Shanmugam and Tan See Leng, over a 2024 article about property transactions that the judge found implied wrongdoing. Bloomberg disputed the ruling, arguing the reporting was accurate and served the public interest.
14 July 2026 · Joy Online →
A Singapore court ordered Bloomberg and one of its reporters to pay S$460,000 ($356,000) to two ministers, K Shanmugam and Tan See Leng, over a 2024 article about property transactions that the judge found implied wrongdoing. Bloomberg disputed the ruling, arguing the reporting was accurate and served the public interest.
14 July 2026 · Joy Online →
Family Bank plc listed on the Nairobi Stock Exchange on June 23, 2026, with shares jumping 44.44% on the first trading day from an introductory price of KSh 18.00 to KSh 26.00, the largest primary listing from a homegrown financial institution in over 17 years. The listing occurs amid a broader IPO surge across Africa, with Ethiopia's Abay Bank also listing on the Ethiopian Securities Exchange in late June.
2 July 2026 · Joy Online →
US President Donald Trump reported more than $1bn in cryptocurrency earnings in 2025, including $635m in royalties from a Trump meme coin and over $500m from World Liberty Financial, a cryptocurrency firm founded by his sons and children of his special envoy. The White House denied any conflict of interest.
1 July 2026 · Joy Online →
Sudan's conflict, which began in April 2023, is increasingly shaped by financing networks, supply chains, and regional alliances beyond the battlefield. Estimates suggest total military spending by all parties may reach $4 billion annually, driving reliance on parallel economy funding sources including natural resources and regional trade networks.
1 July 2026 · Joy Online →
US President Donald Trump reported more than $1bn in cryptocurrency income for 2025, including $635m in royalties from a Trump meme coin and over $500m from World Liberty Financial, a crypto firm founded by his sons. The White House denied any conflict of interest.
1 July 2026 · Joy Online →
WhatsApp boss Will Cathcart is leaving his role after nearly seven years, during which he scaled the platform to more than three billion users. Indian fintech founder Kunal Shah, who built Cred, will take over as head of WhatsApp.
22 June 2026 · Joy Online →
IMF Managing Director Kristalina Georgieva has warned that the global economy may never return to past stability, with economic disruptions, geopolitical conflicts, and financial instability becoming recurring features. The world faces growing uncertainty from supply chain breakdowns, inflation, trade disputes, cyber threats, climate disasters, and geopolitical conflicts, including Middle East tensions affecting energy markets.
22 June 2026 · Business & Financial Times →
The government is considering transferring control of Gold Fields Tarkwa Mine to local firms when the current lease expires in April 2027, according to Bloomberg sources. The potential transfer is part of efforts to increase government ownership of the gold industry, with any handover to be evaluated on environmental rehabilitation, local employment, and infrastructure development commitments.
19 June 2026 · Joy Online →
SpaceX raised $85.7bn in total when it listed on Nasdaq, exceeding initial IPO proceeds of $75bn after underwriters exercised a greenshoe clause to sell an additional $10bn of shares in response to strong investor demand.
15 June 2026 · Joy Online →
Ghana's finance minister has revised the end-year 2026 petroleum revenue target upward to approximately US$1.5 billion from the initially budgeted US$985 million, citing rising international crude oil prices driven by Middle East developments. Details of the revision will be presented in the Mid-Year Budget Review in July 2026.
9 June 2026 · Joy Online →
Bank of Ghana Governor Dr. Johnson Asiama told Bloomberg the country has built the necessary reserves to withstand oil price shocks, expressing confidence that current crises will be short-term and that resilience has improved over the past year.
5 June 2026 · Joy Online →
Finance Minister Dr Cassiel Ato Forson has signalled a tougher stance on mining lease renewals, warning that the government may no longer view favourably situations where companies secure lease extensions only to sell the assets shortly afterwards. He cited a recent Newmont transaction where a renewed lease was sold within a month for approximately one billion dollars, questioning whether such arrangements align with the original intent behind granting lease extensions.
5 June 2026 · Joy Online →
President John Dramani Mahama opened trading at the London Stock Exchange on Wednesday, urging global investors to support Ghana's growth and invest in the Ghana Stock Exchange. He highlighted the country's improving economic indicators over the past 18 months, including reduced inflation, a stabilised Cedi, and strengthened international reserves, while noting the GSE has experienced a renaissance in the past 12 months.
4 June 2026 · Joy Online →
Finance Minister Dr. Cassiel Ato Forson told Bloomberg he expects inflation will not rise above 5% by the end of the year, though he acknowledges it will rise further from the current 3.4% due to Middle East developments and rising crude prices. The minister also projected Ghana's 2026 growth rate could be higher than the budgeted 4.8% due to developments in the oil and gas sector.
3 June 2026 · Joy Online →
The Central Bank of Congo has adopted Bloomberg's BMatch solution to improve transparency and efficiency of interbank foreign exchange trading in the Democratic Republic of Congo. The initiative has engaged ten additional local banks to use Bloomberg's FXGO platform, expanding the country's digital trading infrastructure.
22 May 2026 · Business & Financial Times →
Oil futures climbed on Friday as concerns persisted over ship attacks and seizures in the Strait of Hormuz, with Brent crude rising to $106.32 a barrel and U.S. West Texas Intermediate to $101.71, despite Iran reporting about 30 vessels had passed through since Wednesday evening.
15 May 2026 · Joy Online →
Ghana intends to raise $1 billion through domestic cedi-denominated bonds to fund cocoa purchases from farmers ahead of the 2026/27 crop season, as part of efforts to reduce reliance on dollar funding and foreign lenders. The bond, expected before the cocoa season begins around August, is part of a broader overhaul of how the country finances and delivers cocoa to global buyers amid market volatility and funding pressures from falling prices.
8 May 2026 · Joy Online →
Ghana's banks recorded 16,733 fraud cases in 2024, a five per cent increase on 2023, with total value at risk climbing 13 per cent to roughly GH¢99 million, even as the sector has become better capitalised and supervised since the 2018 licence revocations.
4 May 2026 · Business & Financial Times →