Stockholm, Sweden, November 20, 2018/ — The level of transparency in military spending in sub-Saharan Africa is greater than previously thought, according to a new report from the Stockholm International Peace Research Institute (SIPRI).
Category: Economy
McKinsey: Africa Is The world’s Next Big Growth Market
Johannesburg, South Africa, November 20, 2018/ — A new book by McKinsey confirms that Africa is poised for economic acceleration, akin to the Asian boom.
Kumasi Beats Accra in Africa’s Biggest Consumer Cities Ranking
November 20, 2018//-Fraym, a leading geospatial data company that delivers hyper-local insights for 50+ African countries, announced that Ghana’s second largest city-Kumasi has a slightly larger consumer base of 1.30 million than the country’s capital of Accra with 1.26 million.
Ghana Focuses More on Domestic Revenue Mobilisation as Foreign Revenue Declines
Accra, Ghana, November 20, 2018//-Ghana has announced that it would generate an amount of GH¢58.9 billion in 2019 from revenue and grants, representing 17.1 percent of the rebased GDP, up from a projected outturn of GH¢46.8 billion, 15.7 percent of rebased GDP in 2018.
Qatar Fund for Dev’t Signs Deal with WHO to Accelerate the Elimination of Neglected Tropical Diseases in Africa
Brazzaville, Congo, November 19, 2018//- The Qatar Fund for Development (QFFD) has signed its first agreement with the World Health Organization (WHO) Regional Office for Africa to support the Expanded Special Project for Elimination of Neglected Tropical Diseases (ESPEN).
Number of Ghanaians Studying in the United States Increases
Accra, Ghana, November 19, 2018/ — The 2018 Open Doors report on international education has revealed that the United States hosted 1.09 million international students during the 2017/2018 academic year.
European Dev’t Bank Boosts Egyptian Dairy Sector
November 19, 2018//-Fostering the Egyptian dairy sector, the European Bank for Reconstruction and Development (EBRD) is providing a US$ 7 million loan to support the expansion plan of Obour Land, a leading Egyptian dairy producer.
Afrobarometer: Decent Work and Economic Growth Tops Africans’ Highest-priority
Accra, Ghana, November 19, 2018//-Mapping citizens’ “most important problems” onto Sustainable Development Goals (SDGs) revealed that SDG8 (“decent work and economic growth”) stands out as the top priority for 57% of Africans.
Manufacturing The Future: The Next Era of Global Growth and Innovation
November 19, 2018//-Manufacturing remains a critical force in both advanced and developing economies. But the sector has changed, bringing new opportunities and challenges to business leaders and policy makers.
Panelists Caution Gov’t Not to Fall Into Rebased GDP and IMF Exit Temptations
Cape Coast, Ghana, November 18, 2018//-Panelists at a post 2019 budget discussion at the Department of Finance , School of Business at the University of Cape Coast (UCC) have admonished the Ghanaian government not to slip into the usual temptation of going back to the things that led to an IMF engagement.