Washington, U.S, April 9, 2020//—Growth in Sub-Saharan Africa has been significantly impacted by the ongoing coronavirus (COVID-19) outbreak and is forecast to fall sharply from 2.4% in 2019 to -2.1 to -5.1% in 2020, the first recession in the region over the past 25 years, according to the latest Africa’s Pulse, the World Bank’s twice-yearly […]
Category: Investing
Ghana: Akufo-Addo Versus Mahama In COVID-19 Interventions
Accra, Ghana, April 9, 2020//- A document from the opposition National Democratic Congress (NDC) has revealed that its flagbearer John Dramani Mahama’s COVID-19 interventions surpassed those of Ghana’s President Nana Addo Dankwa Akufo-Addo.
COVID-19: Ghana’s Economy to Grow Slowest in 37 Years
Accra, Ghana, April 9, 2020//-As the coronavirus pandemic bites countries around the globe by grinding trade and other productive activities to a halt, Ghana’s economy is expected to experience its slowest growth in about four decades – making it the worst year since the historic 1983 economic retrogression.
Rwandan Top Officials Skip April Salaries for COVID-19 Fight
April 8, 2020//-Top Rwandan officials will not get their April salaries in one of the drastic measures the government has enforced to raise funds for social protection programmes aimed for the most vulnerable in the community.
IMF: Nigeria’s Economy Is Being Threatened By Twin Shocks
Washington, U.S, April 7, 2020//-Nigeria’s economy is being threatened by the twin shocks of the COVID-19 pandemic and the associated sharp fall in international oil prices.
Countries Launch Investment Policies to Counter COVID-19
April 6, 2020//-UNCTAD’s latest Investment Policy Monitor (IPM) shows that investment policy responses to the coronavirus pandemic vary from country to country.
Lockdown Will Hit Nigeria’s Smallscale Entrepreneurs Hard. What Can Be Done
Tolu Olarewaju, Staffordshire University April 6, 2020//-Nigeria has announced a lockdown of three major states, Lagos, Ogun and Abuja, to curb the coronavirus pandemic.
World Bank Group Supports Ghana’s COVID-19 Response
Washington, U.S, April 3, 2020—The World Bank is providing $100 million to Ghana to assist the country in tackling the COVID-19 pandemic. This $100 million will be made available to the government and the people of Ghana as short, medium and long-term support.
Ghana Post COVID-19: Time to Initiate Needed Socio-Economic Reforms
Accra, Ghana, April 2, 2020///-The essence of the provision of any public service, including health, is to benefit the general population.