Accra, October 28, 2020//-Ghana’s largest opposition partty-National Democratic Congress (NDC) has asked Ghanaians ignore the government’s deceptive semantic about the country’s catastrophic debt position.
Category: Investing
UNCTAD: Global Foreign Direct Investment Falls 49%, Outlook Remains Negative
October 27, 2020//-Global foreign direct investment (FDI) flows fell 49% in the first half of 2020 compared to 2019, due to the economic fallout from COVID-19, reveals UNCTAD’s latest Global Investment Trends Monitor released on 27 October.
Five World’s Wealthiest Families Control a Fortune of Over $620 Billion
October 27, 2020//-Data presented by Buy Shares indicates that the world’s wealthiest families cumulatively control a fortune of $621 billion. The wealth is as of October 2020.
Economic Relief Through Social Safety Nets During the COVID-19 Crisis: the Case of Ghana
October 27, 2020//-As in much of the world, the COVID-19 pandemic has severely impacted the economic well-being of millions of Ghanaians.
Restrictions in Trade to Contain COVID-19 Have Been Devastating for Africa’s Urban Poor
Kenyan flower exports to Europe fell 50%, affecting about 1 million people. Getty Images Astrid R.N. Haas, International Growth Centre and Victoria Delbridge, International Growth Centre October 27, 2020//-Trade routes have been significantly disrupted this year in efforts to contain COVID-19. The effects of this are already showing: global growth is set to contract by […]
Global Economy to Shrink by 4.5% in 2020
October 26, 2020//-The outlook of the global economy is not as grim as expected. According to the research data analyzed and gathered by StockApps.com, the global economy is set to decline by 4.5% in 2020.
EXIM Chairman Underscores Commitment to Investing In Africa
Washington, U.S, October 24, 2020// — Export Import Bank of the United States (EXIM) President and Chairman Kimberly A. Reed addressed more than 2,400 registrants for Global Trade Review’s annual conference, GTR Africa 2020 Virtual, underscoring EXIM’s commitment to investing in Africa and advancing the Trump Administration’s Prosper Africa strategy for two-way trade and investment.
FDI Inflows to Ghana Rebound
Accra, Ghana, October 23, 2020/ — Ghana has recorded total investments of $869.47 million, with total foreign direct investment (FDI) value amounting to $785.62 million between January to June 2020.
Efforts to Tear Down Barriers to Trade in Africa Gather Pace
Geneva, Switzerland, 23 October 2020 – The African Union (AU), UNCTAD and other partners are on a mission to ease trade on the continent and make the African Continental Free Trade Area a viable reality for economic development.
Sub-Saharan Africa’s Difficult Road to Recovery
October 23, 2020//-The COVID-19 pandemic represents an unprecedented health and economic crisis for sub-Saharan Africa.