Kigali, Rwanda//– New research from Vodafone Group, Vodacom Group, Safaricom, and the United Nations Development Programme (UNDP) indicates that the successful deployment and adoption of mobile financial services is associated with a positive impact on GDP growth in developing markets as it helps businesses to reduce cost, access credit to invest, and to connect with consumers […]
GettyImages. Godfred Boafo, The Conversation and Moina Spooner, The Conversation Ghana is grappling with runaway inflation as prices of basic commodities have spiralled. Government finances are also at their weakest in years. Ghana’s local currency, the cedi, is now the world’s worst performer against the US dollar – a signal of the depth of the […]
A global recession is coming in 2023 and you should act now to protect your investments, warns the CEO of one of the world’s largest independent financial advisory, asset management and fintech organizations.
Accra, Ghana//-80 New Patriotic Party (NPP) Members of Parliament (MPs) today demanded the sacking of Ken Ofori-Atta as Finance Minister.
London, UK//-Boris Johnson’s return to 10 Downing Street as Prime Minister would send financial markets into “utter chaos” at a time when Britain is facing an economic meltdown.
Sub-Saharan Africa faces one of the most challenging economic environments in years, marked by a slow recovery from the pandemic, rising food and energy prices, and high levels of public debt.
Abuja, Nigeria// — The African Development Bank has launched a multinational project to create jobs and improve livelihoods for youth in three African countries.
The World Bank Group President, David Malpass, has expressed disappointment over Ghana and Nigeria’s decision not to sign up for the Debt Service Suspension Initiative (DSSI).
Geneva, Switzerland//- An UNCTAD report published on 20 October shows how the Black Sea Grain Initiative signed in July 2022 to resume exports of Ukrainian grain via the Black Sea amid the ongoing war has offered hope and shown the power of trade in times of crisis.
Kigali, Rwanda//-The United Nations Development Programme (UNDP) in Rwanda and the Tony Elumelu Foundation (TEF) have signed a historic four-year agreement worth $1.4m and lasting from 2022-2026 to empower the youth of Rwanda to benefit from more inclusive, competitive and sustainable economic growth in the country.
