Accra, Ghana, May 31, 2018//-The government of Ghana has finally set up an interim board to operationalise the $217 million University of Ghana Medical Centre as soon as possible.
Category: Economy
Sweden Supports Drought-stricken Farmers, Herders in the Sahel
Rome, Italy, May 31, 2018/ — Sweden, through the United Nations’ Food and Agriculture Organization (FAO) would support drought-stricken farmers and herders in the Sahel, with a focus on Burkina Faso and Mali.
MultiChoice Unveils Major Pan-African Initiative for Film & Television Industry
Accra, Ghana, May 31, 2018//-MultiChoice Africa, the continent’s leading video entertainment services provider, announced a bold new Pan-African social investment initiative the MultiChoice Talent Factory (MTF) aimed at igniting and growing Africa’s creative industries into vibrant economic hubs.
Chart of the Week: Distribution of Globalization’s Gains
May 31, 2018//-While globalization is generally good for economic growth, the benefits are subject to diminishing marginal returns, according to a recent study of 147 countries from 1970 to 2014. The study looks at how globalization affects the distribution of incomes across and within countries.
European Bank Signs Largest Equity Participation in Tourism Sector
May 31, 2018//-In its largest equity investment in the tourism sector to date, the European Bank for Reconstruction and Development (EBRD) has signed investment agreements to become a shareholder in D Marinas B.V., the holding company for a network of currently 10 marinas in Croatia, Greece and Turkey, operating under the brand name D-Marin.
UN: Kenya Should Protect Environmental Defenders
Geneva, Switzerland, May 30, 2018/ — The Kenyan Government must urgently take measures to protect defenders who have faced harassment and intimidation after they testified against a local lead smelter accused of environmental pollution, UN human rights experts say.
Globally, Countries Lose $160 Trillion in Wealth Due to Earnings Gaps
Washington, USA, May 30, 2018/—Globally, countries are losing $160 trillion in wealth because of differences in lifetime earnings between women and men.
Irma Stern: Artist Who Captured Africa as the Birthplace and Melting Pot of Culture
May 28, 2018//-Aspire Art Auctions, the South African auction house, is offering two ‘fresh to the market’ Irma Stern paintings which beautifully capture her vision of Africa as the home and melting pot of cultures – African, European, Arab and Chinese – and which pay tribute to all these influences.
Trade Mission to Kenya and Tanzania Yields Significant Results
Pretoria, South Africa, May 28, 2018// — A week-long Trade and Investment Mission to Kenya and Tanzania organised by Department of Trade and Industry (the dti) has yielded good leads for two South African companies and given others a chance to meet with potential investors and partners in the East African markets.
No Puzzle About Weak Business Investment: It’s the Economy!
The debate continues on why businesses aren’t investing more in machinery, equipment and plants. In advanced economies, business investment—the largest component of private investment—has contracted much more since the global financial crisis than after previous recession.