The first container ship to dock in the new Lamu Port. Official image from LAPSSET Jan Bachmann, University of Gothenburg and Benard Musembi Kilaka, University of Gothenburg Kenya’s newest mega infrastructure project, the Lamu port, has received its first ship.
Category: Investing
Making Trade Work Better For The Poor
The relationship between trade, growth and poverty reduction is unequivocal. From 1990 to 2017 developing countries increased their share of global exports from 16 percent to 30 percent. At the same time, extreme poverty plunged from 36 percent to 9 percent.
Multi-faceted Educator Identifies Strategies to Help Every Individual Move from Financial Challenge to Prosperity
San Francisco, CA//- — After a challenging and disruptive year, millions of Americans — indeed, people worldwide — are desperately searching for the wisdom and insight that can help them rise above the financial problems facing every sector of business and every individual.
João Lourenço’s Mission Impossible: Fixing Angola’s Economy
Elected president in 2017 on the promise of delivering an economic miracle, João Lourenço has faced challenges with regard to debt, privatisations and Covid-19. Not to mention intense criticism, even from within his own political party.
US-based Firm Sues Groupe Nduom, 18 Others Over Alleged Money Laundering, Wire Fraud
An equity fund and securities investment company based in the United States, Birim Group LLC, has brought charges against the founder and former flagbearer of the Progressive People’s Party (PPP), Dr Papa Kwesi Nduom.
When Ghana Beyond Aid Becomes Borrowing Spree
Accra, Ghana//-The phrase-‘Ghana Beyond Aid’ was introduced into the Ghanaian political lexicon in 2017, following the swearing-in of Nana Addo Dankwa Akufo-Addo as the President of Ghana on 7th January 2017.
Global Trade’s Recovery From COVID-19 Crisis Hits Record High
World trade’s recovery from the COVID-19 crisis hit a record high in the first quarter of 2021, increasing by 10% year-over-year and 4% quarter-over-quarter, according to UNCTAD’s Global Trade Update released on 19 May.
Mixed Reactions to ‘Absolutely Huge’ UK-Nigeria Trade Deal
The UK trade ministry is on the brink of an ambitious trade deal with Africa’s largest economy, a UK trade envoy has said.
The Forgotten Psychological Cost of Corruption in Developing Countries
Shutterstock/Sheila Fitzgerald Smriti Sharma, Newcastle University; Finn Tarp, University of Copenhagen, and Saurabh Singhal, Lancaster University Corruption is a crime which slows economic growth, undermines development, and causes inequality. With a cost to the global economy estimated at around $2.6 trillion (£1.8 trillion) a year, it is often linked to politics and profiteering by large […]
IMF: Fiscal Effort Is Needed To Address Ghana’s Debt Vulnerabilities
The International Monetary Fund (IMF) says deeper, and more equitable, and fiscal effort is needed to address Ghana’s debt vulnerabilities exacerbated by the COVID-19 pandemic.