US Secretary of State Antony Blinken setting out Washington’s new Africa strategy at the University of Pretoria. Photo by Andrew Harnik/AP POOL/AFP via Getty Images Gilbert M. Khadiagala, University of the Witwatersrand US Secretary of State Antony Blinken’s whirlwind visit to three African countries is the second in less than 12 months. In November 2021 […]
Category: Investing
Bulk Importers to be One of the Hardest Hit by Ghana’s Poor Credit Ratings
Businesses that require foreign investments and financing may be at the receiving end of Ghana’s economic downgrade by Fitch, and Standard & Poor’s (S&P).
UK-based Ghanaian Economist: Ghana’s Economic Rating Downgrade Reflects Reality
Accra, Ghana//-A UK-based Ghanaian economist and political risk analyst is not surprised by the recent downgraded of Ghana’s credit worthiness.
Participants in AfriCaribbean Trade and Investment Forum to Benefit from Barbados Visa Waiver
Bridgetown, Barbados// – African participants in the first-ever AfriCaribbean Trade and Investment Forum (ACTIF2022) taking place in Bridgetown, Barbados, from 1 to 3 September will benefit from a decision by the Government to waive visa requirements for passport holders from 24 African countries who would have needed visas to enter the country.
Ghana: Inflation Rises Further to 31.7% in July 2022; Transport Major Driver
Accra, Ghana//-Year-on-year inflation crossed the 30% mark to hit 31.7% in the month of July 2022, data from the Ghana Statistical Service has revealed.
Fitch Downgrades Ghana to ‘CCC’ Days After Poor S&P Grading
Rating agency, Fitch, has downgraded Ghana’s Long-Term Foreign-Currency (LTFC) Issuer Default Rating (IDR) to ‘CCC’ from ‘B-‘days after poor Standard and Poor’s (S&P) Global Ratings.
When the IMF Comes to Town: Why They Visit and What to Watch Out For
Danny Bradlow, University of Pretoria In most rich countries the news that a mission from the International Monetary Fund (IMF) is coming to visit is met with indifference. But, in most African countries the news can cause great consternation.
Saudi Arabia Reports 49 Closed Deals worth at least $925 Million in Q2 2022
Riyadh, Saudi Arabia//-The Ministry of Investment of Saudi Arabia (MISA) reported the signing of a range of new investment deals in diverse sectors such as advanced manufacturing, construction and real estate, ICT, tourism, entertainment and sports, highlighting the success of the National Investment Strategy in attracting investment inflows to Saudi Arabia.
US Revisiting its Trade Relations with African Countries: Key Issues on the Table
President Joe Biden speaks as Secretary of State Antony Blinken looks on. Photo by Alex Wong/Getty Images Kefa M. Otiso, Bowling Green State University and Francis Owusu, Iowa State University Last year, the US’s Biden administration announced plans to increase two-way trade and investment between the US and Africa. The starting point was a revamp […]
Innovators from Ghana and Nigeria Featured in Bloomberg New Economy 2022 Cohort of “Catalysts”
New York, US//- Bloomberg has announced the 2022 class of Bloomberg New Economy Catalysts, a distinctive global group of breakthrough innovators, visionaries, scientists, policymakers and entrepreneurs, who are inventing possibilities for a more inclusive and prosperous world.