Gettyimages Danny Bradlow, University of Pretoria and Magalie Masamba, University of Pretoria The COVID pandemic has had a profoundly negative impact on Africa’s sovereign debt situation. Currently, 22 countries are either in debt distress or at high risk of debt distress.
London, United Kingdom// — Economic ties between the UK and Ghana were boosted this week as the UK-Ghana Business Council (UKGBC) met in London.
Accra, Ghana//- The UK-Ghana Chamber of Commerce (UKGCC) today released its 3rd edition of its annual Ghana Business Environment and Competitiveness Survey Report for the year 2021, that identified five components of the business environment that have seen improvements in their ranking since UKGCC began tracking them 2019.
The European Commission and the European Investment Bank (EIB) signed an ambitious Guarantee Agreement through which the European Commission will support up to €26.7 billion of EIB financial operations to enable crucial public investments in sectors like clean energy, digital and transport infrastructure, health and education over the next seven years, rolling out Global Gateway worldwide.
Bitcoin dipping to a three-month low will be used by investors as a buying opportunity because the cryptocurrency has just reached a landmark moment in becoming adopted as a significant currency, says the CEO of a global financial giant.
Kingston, Jamaica//— Greater private investment in sectors with significant untapped potential, such as high-value agriculture and outsourcing services, along with necessary reforms, will help Jamaica spur recovery, accelerating greener, inclusive, and sustainable growth, and creating more and better jobs, according to a new World Bank Group (WBG) report.
Wealthy investors are planning on making “considerable additions” to their investment portfolios this year – despite red-hot inflation and historic interest rate rises to combat it, stagnant growth, tax hikes, Putin’s war in Ukraine and growing Covid-19 cases.
In 2021, the Port of Maputo achieved a new handling record of 22.2 million tons, representing 21% year-on-year growth compared to the previous year’s handling volume of 18.3 million tonnes.
More than a quarter of high-net-worth investors will include NFTs, or non-fungible tokens, into their portfolios this year, a new global survey from one of the world’s largest independent financial advisory, asset management and fintech organisations has revealed.
Minimum wage is no match for rising cost of living. Photo by Adekunle Ajayi/NurPhoto via Getty Images Stephen Onyeiwu, Allegheny College Imagine you live alone and walk into a local food market in Lagos, the Nigerian commercial capital, to buy a week’s worth of basic food items.
