Africa’s economic transformation will depend not only on the movement of goods and capital but also on the ability of people, skills and ideas to move freely across borders, Dr Ishmael Yamson, a member of Ghana’s Presidential Advisory Group on the Economy, has said.
The paradox of African infrastructure today is stark. While the “funding gap” continues to dominate policy discourse, it is the “execution gap”, or more precisely, the challenge of translating capital into delivery, that is increasingly shaping development outcomes in Africa.
Deputy Minister for Finance, Thomas Nyarko Ampem, has called for urgent reforms to political financing across Africa, warning that the growing influence of money in politics is undermining democratic integrity, excluding capable leaders, and weakening public trust in democratic institutions.
Africa can no longer measure financial inclusion by the number of bank accounts opened or digital wallets activated, and must instead pursue measurable improvements in people's lives, the Second Deputy Governor of the Bank of Ghana (BoG), Matilda Asante-Asiedu, has said.
African Risk Capacity Limited (ARC Ltd.), the continent's first development-focused parametric insurer, has appointed David Maslo as its substantive Chief Executive Officer, the company has announced in Abidjan, Côte d'Ivoire.
Industry leaders say stablecoins are set to reshape payment ecosystems by improving the speed and efficiency of cross-border transactions, while calling for balanced regulation to support innovation and protect consumers.
Ghanaians do not need to look far to appreciate the Aliko Dangote business model. Since 2011, Dangote Cement has operated in Ghana, importing bulk cement and bagging it at its terminal in Tema for sale into the domestic market.
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