Kenya’s current account deficit for the 12 months period to February narrowed by 20 basis points compared to a year earlier, due to lower import costs and resilient remittances.
Category: Investing
Data: Chinese Lending to Africa Down 30% in 2019
New data shows Chinese lending to Africa dropped 30% in 2019 at $7 billion, down from $9.9 billion in 2018.
2021 Budget Analysis: Gov’t Unveils Belt-tightening Budget For Ghanaians
At the time that many countries are rolling out stimulus packages for their citizens and industries to cushion them against the health and economic impacts of the deadly coronavirus (covid-19) pandemic, the Akufo-Addo-led government has rather asked Ghanaians to tighten their belts.
Ghana’s Debt Already Exceeding 85% of GDP-Economist Reveals
A critical analysis of the budget statement for the 2021 fiscal year shows that Ghana’s debt situation has gone beyond the 76 per cent to record 85 per cent of Gross Domestic Product (GDP), Dr Lord Mensah, a senior lecturer at the University of Ghana Business School, has revealed.
AfCFTA Can Be A Game Changer For African People and Business
Abidjan, Ivory Coast//- Exploring strategies to deepen private sector participation in the implementation African Continental Free Trade Area (AfCFTA) was the highlight of a panel session during the 2021 WTO Aid-for-Trade Stocktaking meeting.
UPSA’s Analysis of Ghana’s 2021 Budget
Accra, Ghana//-The Research Consultancy Centre (RCC) of University for Professional Studies Accra (UPSA) instituted the UPSA Economic Dialogue Series, a platform to contribute meaningfully to Ghana’s economic policy and discourse.
Why India Is Banking on Health Diplomacy to Grow African Footprint
Workers at India’s biggest syringe manufacturer ramp up production in September 2020 in race to meet COVID-19 vaccine-driven demand. Photo by SAJJAD HUSSAIN/AFP via Getty Images Dan Banik, University of Oslo and Renu Modi, University of Mumbai India has stepped up its global ambitions and foreign policy re-engagement with African countries in recent years.
Ghana’s Finance Minister Ofori-Atta to Face Agyapa Critics
The long-postponed vetting of Ghana’s finance minister on Thursday 25 March may reveal the dynamics of President Akufo-Addo’s second term: a divided parliament, and, perhaps, greater transparency in governance.
How Ghana’s Economy Was Run Into a Ditch Before Covid-19 – and the Lessons Thereof
By Dr. Nii Moi Thompson, renowned Ghanaian economist Accra, Ghana//-The government wants us to believe that Ghana’s current economic woes are the result of the Covid-19 pandemic. That’s not true.
IFC Supports OpenCo to Drive Fintech Innovations, Help Improve Access to Finance
São Paulo, Brazil—International Finance Corporation (IFC), a member of the World Bank Group, announced an investment of up to $10 million in OpenCo, the Brazilian consumer financing fintech created this year after the merger of Geru and Rebel, the two leading players in this credit space.