Nigeria’s economy needs to diversify away from oil. Pius Utomi Ekpei/AFP via Getty Images David Fadiran, University of Cape Town Nigeria has always managed to attract foreign direct investment despite its poor economic outlook. This is thanks to its oil reserves and the consumption potential of its large population.
Japan’s Prime Minister Fumio Kishida greets US Vice President Kamala in Tokyo. Washington is focused on moving close to partners it can trust. Photo by David Mareuil/Pool/Getty Images Jonathan Munemo, Salisbury University Over the past few years, the world’s supply chains have been strained and disrupted by the COVID pandemic, Russia’s invasion of Ukraine, and […]
Food insecurity has been rising since 2018. Even before Russia’s invasion of Ukraine, the increasing frequency and severity of climate shocks, regional conflicts and the pandemic were all taking their toll, disrupting food production and distribution, and driving up the cost of feeding people and families.
A new Academy for early-stage companies has been launched by DAI Magister, the boutique investment bank offering full advisory services for transactions within the climate, fintech, tech-enabled commerce and communications sectors.
The 13th OECD Rural Development Conference has concluded with the delivery of the Cavan-OECD Roadmap on Strengthening Rural Resilience against Global Challenges. The two-day Conference was hosted by the Government of Ireland and convened around 500 delegates from 30 OECD countries, including Government ministers, senior policy makers and stakeholders in the rural sector. Centred on the objective of “building […]
The fourth annual edition of the Digital Quality of Life Index (DQL) reports that Ghana ranks 88th in the world regarding digital wellbeing. That is out of 117 countries, or 92% of the global population.
Founder and CEO TheBoardroom Africa (TBR Africa), Marcia Ashong has been recognized as one of the 100 Most Influential People of African Descent (MIPAD) in the 100Under40Edition of #Class2022.
Accra, Ghana//-Ghana’s Minister of Finance, Ken Ofori-Atta today addressed journalists on the state of country’s economy which makes it difficult for the country to avoid going to the IMF for a bailout.
Inflation is the gradual loss of purchasing power, reflected in a broad rise in prices for goods and services. Inflation refers to a broad rise in the prices of goods and services across the economy over time, eroding purchasing power for both consumers and businesses.
Staple food prices in sub-Saharan Africa surged by an average 23.9 percent in 2020-22—the most since the 2008 global financial crisis. This is commensurate to an 8.5 percent rise in the cost of a typical food consumption basket (beyond generalised price increases).
