Category archives for: Economy

Report: Child Labour Remains High on Ghanaian Cocoa Farms

April 26, 2018//-Child labour remains at very high levels in the cocoa sector, with an estimated 2.1 million children working in cocoa fields in the Ivory Coast and Ghana alone, the Cocoa Barometer report 2018 has revealed.

Ghana’s Debt Hits Distress Levels in 3 Consecutive Years

April 26, 2018//-Ghana has maintained its status as a high-risk, debt-distress country after first making it onto the infamous list of countries whose debt burdens had reached alarming levels in 2015.

Uganda Struggles to Boost Coffee Production as Youth Desert Farms

April 26, 2018//-The pressure is on Uganda to get more youth and women involved in the coffee value chain, starting with farming by using smarter agronomy practices, as the country looks to increase production to an ambitious 20 million bags by 2025.

Africa CEO Forum Builds on its Commitment to Women’s Leadership in Paris

April 25, 2018//-More than 200 high-level delegates are expected in Paris, France to talk about influence and personal and business development under the auspices of the Africa CEO Forum initiative.

Vantage Capital Injects $8 Million into Kenyan Leading Shopping Mall

Nairobi, Kenya, April 25, 2018/ — Vantage Capital, Africa’s largest mezzanine fund manager, has provided $8 million of funding to Rosslyn Riviera Shopping Mall, a convenient neighbourhood shopping mall in the upmarket suburb of Rosslyn/Runda in Nairobi, Kenya that officially opened for trading in 2017.  

Farmers Switching Away from Cocoa after Price Slump

April 25, 2018//-Low cocoa prices are driving some farmers out of the sector, Joseph Boahen Aidoo-chief executive of the Ghana Cocoa Board, said.

Ghana’s Livestock Sector Nears Collapse

April 25, 2018//-Players in the livestock sector in Ghana, which have been one of the major employable sectors of the economy, are calling on government to step in and save it from imminent collapse, as it is reported that 95 percent of the livestock consumed is imported.

Report: High Debt Loads Could Threaten Ghana, Nigeria, Others’ Outlook

 April 25, 2018//-Few days after World Bank’s damning verdict on Sub-Saharan African (SSA) countries’ rising debt, another report has revealed that the debt loads could threaten the region’s outlook.

Dutch Embassy Equips Ghanaian Entrepreneurs for EU market

Accra, April 24, 2018//-The Netherlands embassy in Ghana is building the capacity of SMEs through programs aimed at improving value addition in Ghana’s exports. 

Why Growing Demand for Gum Arabia Means New Opportunities for African Producers

Geneva, Switzerland, 24 April 2018 – Steeped in legend, gum arabic is not only an exotic commodity but also has the power to drive development in the African nations that produce it, some of them the poorest nations in the world.

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