BLOOMBERG Ghana’s Agricultural Development Bank Ltd. extended its initial public offering (IPO) by a month to attract more retail investors and may sell as much as 100 million cedis ($26 million) more of stock than it initially planned. Demand for shares from individual investors surged during the final week of the original proposed sales period, Solomon Adu Atefoe, a spokesman ...

Frankfurt / AP European Central Bank head Mario Draghi has all but promised more monetary stimulus for the 19-country eurozone economy at Thursday’s meeting of the bank’s governing council. Now the question is, exactly how much will he deliver — and how much effect will it have? Expectations at a minimum are that the ECB’s governing council will cut the ...

Beirut / EMIRATES BUSINESS Real estate developers in Lebanon are making a high return on their investments, dismissing the need to reduce prices, said an industry expert. “Developers are making around 10 percent to 15 percent yearly profits on their projects which is higher than the interest rate offered by banks on deposits in Lebanese pounds,” Raja Makarem, founding and ...