President Nana Akufo-Addo has sent a congratulatory message to Ms. Valentina Mintah, founder and former Chief Executive of West Blue Consulting for her appointment as a member of the International Chamber of Commerce (ICC) Executive Board, assuring her of government’s full support. Ms. Valentina Mintah’s appointment makes her the first...
Economies across the world grow when individuals, cooperate and countries spend on anything and everything. When one purchases a new apparel, furniture, or a stock is bought and sold on a trading bourse, money exchanges hands. But one thing that has changed with COVID-19 pandemic is the spending culture. Spending...
Nigeria’s candidate to head the World Trade Organization (WTO) said she feels “strong support” from Africa and expects African leaders to unite behind one candidate as sources following the race said she is gaining broader backing. Ngozi Okonjo-Iweala, a former finance and foreign minister who has 25 years experience at...
Today, July 5, 2020, marks the establishment of the 60 years of the establishment of diplomatic relations. Sixty years of enduring and exemplary relations and cooperation between the two countries is worth celebrating and pondering over. Ghana established diplomatic relations with China shortly after becoming a Republic in July 1960,...
The Japanese government has signed a grant agreement of $7.9 million with Ghana in support of three projects in Ghana. The projects include the construction of flyovers to help alleviate traffic congestion and improve the environment around the Tema Motorway Roundabout. Another project in the agreement is the supply of medical...
The World Trade Organization is in the news mostly for the wrong reasons nowadays. Many people regard it as an ineffective policeman of an outdated rulebook that is unsuited for the challenges of the twenty-first-century global economy. And WTO members generally agree that the organization urgently needs reforming in...
Kenya has delayed talks on a trade deal with the United States until a pan-African trade bloc comes into force, President Uhuru Kenyatta said last week Thursday, likely holding up what would be Washington’s first such pact in sub-Saharan Africa. U.S. President Donald Trump and Kenyatta agreed in February to...
Shareholders of African Export-Import Bank (Afreximbank) have voted and re-appointed Prof. Benedict Oramah as President of the Pan-African multilateral financial institution for a second 5-year term. The decision was announced in Cairo last Sunday following Afreximbank’s 27th Annual General Meeting of Shareholders which was held by circulation of resolutions due to the COVID-19...
The unfolding US-China power rivalry bears a striking resemblance to the tensions between the US and the Soviet bloc during the Cold War years. Back then, African countries were positioned like pawns on a grand chessboard. Their social and economic progress was hampered because they expended energy aligning themselves...
Africa’s economic, business and public policy analysts are forecasting that the speed and scope of the continent’s post-COVID-19 recovery will largely depend on the effective implementation of the African Continental Free Trade Area (AfCFTA). These views were contained in the recent UN publication, “Africa Renewal.” The AfCFTA is an African...