May 21, 2020//-Data gathered by Learnbonds.com shows that Europe’s banking population hit 409.46 million by the end of 2019. From the data, about 77.74% of Europe is now part of the banking population.
Category: Investing
World Bank Approves $1 Billion for Kenya to Address COVID-19 Financing Gap
Washington D.C., United States of America, May 20, 2020/ — The World Bank Board of Directors today approved a $1 billion budget support operation for Kenya, which helps close the fiscal financing gap.
COVID-19 Blues: Ghana Launches Gh¢1 Billion Cap Business Support Scheme for MSMEs
Accra, Ghana, May 19, 2020//-Ghana’s President Nana Addo Dankwa Akufo-Addo, on Tuesday, 19 May, 2020, launched the GH¢1 billion Coronavirus Alleviation Programme Business Support Scheme, which is being provided by Government and selected participating banks to micro, small and medium-scale businesses around the country.
World Bank Group Supports 100 Countries To Address COVID-19 Challenges
Washington, U.S, May 19, 2020— The World Bank Group today announced its emergency operations to fight COVID-19 have reached 100 developing countries – home to 70% of the world’s population.
Ghana Loses ¢564M to ‘Ghost’ Workers on MDAs Payroll
Accra, Ghana, May 19, 2020//-The Auditor General’s Department has detected that the public purse has lost an amount of ¢564.2 million to ‘ghost’ names on the payroll of Ministries, Departments and Agencies (MDAs).
COVID-19: Lords Committee to Guiz UK Gov’t on Approach to Sub-Saharan Africa
London, UK, May 19, 2020//-The UK’s House of Lords International Relations and Defence Committee will this week have its final oral evidence session as part of its inquiry into Sub-Saharan Africa.
EU Lists Mauritius As High Risk Country for Money Laundering
May 19, 2020//-Companies operating in Mauritius face a test of integrity after the European Union included the island on its revised list of high risk jurisdiction for money laundering and terror funding.
Africa’s Monthly Losses Due To Lockdowns Is About The Size Of Tanzania’s GDP
May 19, 2020//-It is the era of Covid-19, when lockdowns are the order of the African day and business disruption is most pressing economic repercussion.
Why I am Resolute in My Afro-optimism Despite the Continent’s Challenges
Nairobi, Kenya, May 18, 2020//- It is becoming clear that most – if not all – our major social, economic and political decisions over the next few years will be made through the prism of the coronavirus and the ripple effects of the pandemic.
COVID-19 Crisis: Bank of Ghana Rescues Gov’t with GHC10 Billion
Accra, Ghana, May 15, 2020//-The Bank of Ghana (BoG) has announced that it is going to support the government’s budget with GHC10 billion to enable it weather the storm of the COVID-19 crisis in the country.