Geneva, Switzerland, 24 April 2018 – Steeped in legend, gum arabic is not only an exotic commodity but also has the power to drive development in the African nations that produce it, some of them the poorest nations in the world.
Category: Economy
Building a Resilient Banking Sector to Support a Vibrant Ghanaian Economy
Accra, April 24, 2018//-Ghana’s banking sector forms about 85% of the entire financial system, making economic activity largely dependent on bank financing more so than on capital market financing.
Kenya: Tonnes of Tomatoes Rot away as Desperate Farmers Decry Poor Market
Kenya, April 24, 2018//-Tonnes of tomatoes are rotting in farms in Laikipia County of Kenya due to inadequate market and heavy rains in the area.
Using Shea Butter to Lift Women Out of Poverty: The Untold Story of MTN Heroes Change Nominee
Accra, April 23, 2018//-Ayisha Fuseini, a nominee of this MTN Heroes of Change is using her shea butter processing business to lift hundreds of women out of poverty in the Northern Region of Ghana.
How Sick is South African Airways and what will it Cost to Fix it?- CEO Vuyani Jarana
April 23, 2018//-SAA’s new CEO Vuyani Jarana left a big position in telecoms to take on the perhaps impossible job of turning SAA around. SA Flyer and FlightCom Magazine editor Guy Leitch managed to get this hard-running CEO to make time for a detailed discussion of his plans.
China Excludes Africa from Countries Waived from Visa to Hainan
Beijing, China, Apr 23, 2018//- China will give visa free entry to tourists from 59 nations to its southern island province of Hainan from May 1, but countries from South, South East Asia and Africa do not figure in the list.
IMF, Central Bank of Egypt to Host Inclusive Growth and Job Creation Confab
Washington D.C., United States of America, April 23, 2018// — The International Monetary Fund (IMF), the Central Bank of Egypt (CBE) and the Government of Egypt will co-host a high-level conference in Cairo on May 5-6, 2018, on promoting higher economic growth and job creation in Egypt.
U.S President’s Malaria Initiative Supports Ghana to Launch Spraying Campaign
Kumbungu, Northern Region, Ghana, April 23, 2018//- Dr Eric Tongren, Resident Advisor with USAID/Ghana, U.S President’s Malaria Initiative has launched an annual campaign in the Northern Region to spray homes to prevent the spread of malaria in that part of the country.
Akufo-Addo: Huge National Health Insurance Debt Cleared
April 23, 2018//-Ghana’s President Nana Addo Dankwa Akufo-Addo, has revealed that his administration is reviving the strength of the National Health Insurance Scheme (NHIS) in the country.
Are There Implications for Growing Economy with Declining Agric Sector?
Accra, April 23, 2018//-The value of goods and services produced in Ghana has increased from 3.6% in 2016, to 8.5% in 2017, and it is expected to grow further this year. The country’s oil and gas sector contributed hugely to the 2017 growth.