By Sri Mulyani Indrawati In June, Kenya set a new African record. At $ 2 billion, the country’s sovereign bond debut was four times oversubscribed. Only one month later, Senegal broke this high. Zambia and Cote d’Ivoire have been similarly successful in what some call an African bond bonanza. Interest rates in traditional markets are […]
Category: Economy
Ghana To Seek Fiscal Balance, Economic Reforms At IMF Talks
Ghana will seek just $1 billion from a Eurobond this year as it heads into talks with the IMF aimed at restoring fiscal balance as part of a larger plan of economic reform, President John Mahama said in an interview.
Mahama Unveils Mara Mentor Network To Support Young Entrepreneurs
By Mohammed Awal, Flagstaff House, in Accra, Ghana Ghana’s President, John Dramani Mahama has launched the Mara mentor network, an online mentoring network aimed at providing mentorship for young entrepreneurs in Ghana indicating that the youth terribly need mentorship.
British Airways’ 747s Get Cabin Refresh
Some of British Airways’ much-loved Boeing 747s are to receive a cabin refresh including a state-of-the-art in-flight entertainment system.
More Than 13,000 Ford Employees To Embark On Charity Projects
More than 13,000 Ford employees in Ghana, Nigeria, South Africa, Malawi, Mozambique and Angola will put down tools and dedicate their time to make a difference n their communities.
AFP, SAPA End Content Deal
Global news agency Agence France Presse (AFP) has announced that its English news content will no longer be available via SAPA (South African Press Association) in the new year. Harry Lee-Rudolph, Commercial Manager for AFP southern Africa said “SAPA and AFP has had a long and mutually beneficial relationship and the decision to withdraw our […]
Another Multimillion Dollar Judgement Looms
In spite of the nagging cases of judgment debt assailing the nation and the huge tranches of cash being doled out by the State regularly to settle cases arising out of such negligence of politicians and technocrats, the canker goes on unabated, investigations by the African Eye News can reveal. Forestry Commission sources told the African […]
West Africa: Ebola Outbreak Sends Food Prices Shooting Up
Disruptions in food trade and marketing in the three West African countries most affected by Ebola have made food increasingly expensive and hard to come by, while labor shortages are putting the upcoming harvest season at serious risk, FAO warned today. In Guinea, Liberia, and Sierra Leone, quarantine zones and restrictions on people’s movement aimed […]
Can Africa’s Extreme Poverty Be Eliminated By 2030?
With the year 2015 – the Millennium Development Goal (MDG) finishing line – approaching, post-2015 goals as they impact Africa need to be firmed. The goal of ending extreme poverty remains paramount. In this context, extreme poverty means living on a less than $1.25 a day (Purchasing Power Parity (PPP), 2005 prices). Given the continent’s […]
UNCTAD Book Assesses Impact Of Trade Policy On Poverty
A novel collaborative approach between academics and policymakers examines the impact of trade policy on poor people in eight developing and transition countries in a new book published by the United Nations Conference on Trade and Development (UNCTAD) Virtual Institute. Trade Policies, Household Welfare and Poverty Alleviation: Case Studies from the Virtual Institute Academic Network, […]