Washington D.C., United States of America, April 16, 2020/ — The IMF executive board approved the disbursement of $115.1 million to Chad to be drawn under the Rapid Credit Facility (RCF).
Category: Investing
COVID-19 Lockdown: Mahama Feeds 20K Households, Criticises Quality of Govt’s Food for the Poor
Accra, Ghana, April 14, 2020//-Former President John Dramani Mahama has said the mode of distribution of food to poor Ghanaians in the locked-down areas is worrying.
COVID-19: Use $1Billion IMF Cash “Diligently” – Mahama to Akufo-Addo
Accra, Ghana, April 14, 2020//-Former President John Dramani Mahama, in a Facebook live broadcast, has urged the government of Ghana to diligently use the $1 billion recently approved for the country by the International Monetary Fund (IMF).
Arab Africa Trade Bridges Program Outlines Actions to Support Developing Nations Cope with COVID-19 Crisis
Jeddah, Kingdom of Saudi Arabia, April 14, 2020/ — The International Islamic Trade Finance Corporation (ITFC), and its partners have approved an AATB Program Action Plan to support African and Arab countries to strengthen their socio-economic resilience in light of the COVID-19 pandemic.
Ghana: UNIPASS Failure Puts Gov’t Under Intense Pressure
Accra, Ghana, April 14, 2020//-With cargo traffic eligible to be handled by the newly contracted UNIPASS trade facilitation platform rising at the Takoradi sea port, government is intensifying its pressure on the national single window operators, GC Net and Customs World (until recently known as West Blue Consulting), to hand over its eminently successful platform […]
IMF Gives $1 Billion to Ghana to Address COVID-19 Pandemic Challenges
Washington, U.S, April 14, 2020//-The Executive Board of the International Monetary Fund (IMF) has approved the disbursement of about $1 billion to be drawn under the Rapid Credit Facility (RCF) for Ghana.
Zimbabwe’s Triple Threat: Coronavirus, Food Shortages, and An Economy in Meltdown
April 11, 2020//-Some restrictions of a 21-day lockdown that began last month to contain the spread of coronavirus in Zimbabwe are being eased, as the government tries to offset the impact of its stay-at-home order on a struggling economy and a deepening food crisis.
IMF Approves $745 Million to Tunisia to Address the COVID-19 Pandemic
Washington D.C., United States of America, April 11, 2020/ — The IMF Executive Board approved a US$745 million emergency assistance loan to support Tunisia’s pro-active policy response to the COVID-19 pandemic.
Ghanaian Scientist: COVID-19 Has Exposed Capitalism As A Bad System
Accra, Ghana, April 11, 2020//-A Ghanaian Scientist and Engineer, Dr. Bright Sogbey has stated that the COVID-19 pandemic has exposed Capitalism as a bad system and also showed that technocrats are the best political leaders.
Mahama Donates GHS50,000 Worth of CSM Vaccines, PPE to Upper West Region
Wa, Upper West Region, Ghana, April 9, 2020//-Former President John Dramani Mahama has donated medical supplies to help fight meningitis and COVID-19 in the Upper West Region.