Ghana’s net international reserves fell from $8.21 billion in August 2021 to $7.32 billion in October 2021, about 4.9 months of import cover, data from the Bank of Ghana has revealed.
Category: Investing
Ghana’s Public Debt Stock Hits ¢341.8 Billion
Accra, Ghana//-Ghana’s public debt stock hit ¢341.8 billion as of the end of September 2021, the November 2021 Bank of Ghana Summary of Economic and Financial Data has revealed.
Zimbabwean Companies Sign Deals Worth Over $188M With Afreximbank
Durban, South Africa – African Export-Import Bank (Afreximbank) has signed financing agreements with four Zimbabwean entities for a total of $188.6 million.
Remittance Flows Register Robust 7.3 Percent Growth in 2021
Washington DC, US// — Remittances to low- and middle-income countries are projected to have grown a strong 7.3 percent to reach $589 billion in 2021.
Cote d’Ivoire to Host 2023 Intra-African Trade Fair
Durban, South Africa// – Cote d’Ivoire has been announced as the host for the third edition of the Intra-African Trade Fair in 2023.
Global Entrepreneurship Week: Survival of Businesses Hinges On Bookkeeping, Record Analysis-Experts
Accra, Ghana, Two leading Ghanaian experts in business management have advised young entrepreneurs that the survival of their businesses is hinged on bookkeeping and record analysis.
African Heads of State Converge in Durban for IATF 2021 Opening Ceremony
Durban, South Africa//-The Intra-African Trade Fair (IATF2021) kicked off with spectacular fanfare on 15th November.
Govt’s Over Expenditure in 2020 Has Taken a Toll on Ghana’s Economy
Accra, Ghana//-Senior Lecturer at the Department of Economics, University of Ghana, Dr. Priscilla Twumasi Baffuor has said that government’s over expenditure in 2020 amid the Covid-19 pandemic has taken a toll on the economy.
Citizens of Fragile States Can Fund Public Services Directly – it’s Working in Somalia
A person counts Somali shilling notes. AMISOM Public Information/Flickr Vanessa van den Boogaard, Institute of Development StudiesTwo billion people live in countries where development outcomes are affected by conflict and violence. By 2030, up to two-thirds of the world’s extreme poor could live in these fragile regions.
Tony Elumelu Foundation Supports Nearly 5000 African Entrepreneurs From 54 Countries
Lagos, Nigeria//- The Tony Elumelu Foundation (TEF), Africa’s leading philanthropy empowering young African entrepreneurs from all 54 African countries, has successfully trained and supported nearly 5000 young African entrepreneurs as part of its 2021 TEF Entrepreneurship Programme.