Tech stocks have been radically beaten-up in recent months as interest rates are hiked, but savvy investors are now starting to increase exposure to this currently out-of-favour sector, says the CEO of a global financial giant.
Category: Investing
Ghana Classified Among 10 Countries Globally at Risk of Debt Distress–Sovereign Risk Tracker
Ghana has been classified among 10 countries globally by CFR Sovereign Risk Tracker that are at risk of debt distress.
CV VC Launches African Blockchain Early Stage Fund, Releases Report
Davos, Switzerland//-CV VC today announced the launch of its African Blockchain Early-Stage Fund and published the inaugural African Blockchain Report which provides a compelling structural overview of the emerging blockchain sector and rousing insights regarding its funding.
Africa’s Recovery Remains Uneven; More Resources Are Needed -AfDB Report
Accra, Ghana//– An African Development Bank (www.AfDB.org) report released Thursday shows that the institution is pivotal in 2021, delivering timely investments that are helping millions of Africans overcome the unprecedented challenges caused by the Covid-19 pandemic.
Africa’s 2021 Economic Rebound Impacted by Lingering Covid-19 Pandemic, Russia-Ukraine war
Accra, Ghana//-Africa’s gross domestic product has recovered strongly in the last year, but the lingering effects of the Covid-19 pandemic, Russia’s invasion of Ukraine and the ensuing war could pose considerable challenges in the medium term, according to the 2022 African Economic Outlook, released by the African Development Bank (www.AfDB.org) on Wednesday.
Chief Economists Outlook Warns of Dire Human Consequences from the Fragmentation of the Global Economy
Davos-Klosters, Switzerland// – The World Economic Forum’s Community of Chief Economists expects lower economic activity, higher inflation, lower real wages and greater food insecurity globally in 2022, pointing to the devastating human consequences of the fragmentation of the global economy.
Reduction of Non-Tariff Barriers Could Lead to Trade Gains in Africa of $20 Billion a Year
Davos-Klosters, Switzerland// – The digital transformation of customs and borders in Africa could improve efficiencies in processes, such as administration at customs and borders, and yield trade gains on the continent of $20 billion a year.
British Council’s Innovation for African Varsities Programme Helps Foster the Bioscience Enterprise Sector in Ghana
The British Council’s Innovation for African Universities (IAU) programme has brought together the University of Health and Allied Sciences and the University of Cape Coast in Ghana with the University of St Andrew’s in the UK to help stimulate the bioscience sector in Ghana and across Sub-Saharan Africa.
World Bank: Ghana Records $4.5bn Remittances in 2021, Places 2nd in Sub-Saharan Africa
Ghana kept its 2nd position as Sub-Saharan Africa country with the largest remittances in 2021, the World Bank Migration and Development Brief has revealed.
Africa Hospitality Investment Forum Returns to Morocco
The Africa Hospitality Investment Forum (AHIF) will return as an in-person event in 2022, taking place on 2 – 4 November, at the luxurious Fairmont Taghazout Bay (pictured), a five-star resort with leisure and business facilities, next to Agadir.