Introduction Accra, October 26, 2017//-Rising public expenditures in a context of persistently weak revenue performance has undermined the stability of the country’s fiscal account in recent years.
Category: Investing
IFS: Overhaul Domestic Revenue Mobilisation Strategy
Accra, October 25, 2017//-The Institute for Fiscal Studies (IFS) has said the over-GH¢2.7billion shortfall in government’s domestic revenue in the first half of this year must trigger an extensive strategy to boost government’s domestic revenue.
Zambia Becomes First Southern Africa to Join AFC
Lusaka, Zambia, October 25, 2017,-/African Media Agency (AMA)/- Zambia, becomes the first Southern African member country of Africa Finance Corporation (AFC), a leading development finance institution for infrastructure in Africa.
ECOWAS Leaders Vow to Fast-track Common currency
Niamey, Niger, October 25, 2017//- ECOWAS leaders have committed to fast-track measures leading to the creation and use of a single currency for the economic bloc by 2020.
Why Investing in People is the Recipe for Growth and Human Solidarity
October 25, 2017//-I recently gave a talk at Columbia University, and you might say I spent my whole life preparing for it. I’ve been a student of anthropology, a doctor caring for poor people in some of the poorest parts of the world, a university president, and now I have the honor being the president […]
Taking Africapitalism to Saudi Arabia: The Role of The Private Sector In Economic Diversification
October 24, 2017//-Representing the African business community upon invitation from His Royal Highness Mohammad bin Salman Al-Saud, Crown Prince, Deputy Prime Minister, of the kingdom of Saudi Arabia, I spoke to leading business decision-makers, innovators and CEOs to debate the topic “Dynamic Economies: What Are the New Ways To Solve Diversification?”.
Nestlé Partners Red Cross to Connect 76,300 People to Safe Water
Accra, October 24, 2017//-Nestlé has partnered with the International Federation of Red Cross and Red Crescent Societies (IFRC) to increase access to safe water, sanitation and hygiene for 76,300 people in 50 cocoa producing communities of the Eastern and Ashanti regions of Ghana.
In Ghana, Collecting Tax Starts With Distributing Addresses
Accra, October 24, 2018//-In a country where most households and businesses either don’t know their address or claim not to have one, Ghana’s government is starting afresh to compile a database that will not only make it easier to locate people, but also boost the collection of taxes.
How Should Governments and Development Institutions Engage the Private Sector?
October 24, 2017//-Entrepreneur and philanthropist Tony Elumelu shares his thoughts on how the private sector can support the sustainable development goals, and what multilateral institutions can do to help.
Panama Papers: Africa’s Elite Are Plundering Their Countries
October 22, 2017//-A new report based on the Panama Papers reveals how Africa’s politicians, generals and business leaders are systematically siphoning off billions of dollars and parking the money offshore.