Do you think the world economies will continue to maintain social distancing, avoid hand shake, ban social gathering, and keep children away from school, among its many protocols now and into the distant future in observance of the novel corona-virus? Will covid-19 and all its announced protocols be remembered soon...
Since the beginning of this century, the surge in digital transactions in Africa has not witnessed a boom which can be compared to that which COVID-19 has brought. North, South, East and West Africa all have a similar story to tell when it comes to the effects of COVID-19...
The COVID-19 pandemic could be a game changer for digital financial services. Low income households and small firms can benefit greatly from advances in mobile money, fintech services and online banking. Financial inclusion as a result of digital financial services can also boost economic growth. While the pandemic is...
Although it seems like ancient history, it hasn’t been that long since economies around the world began to close down in response to the COVID-19 pandemic. Early in the crisis, most people anticipated a quick V-shaped recovery, on the assumption that the economy merely needed a short time-out. After...
Globally, COVID-19 has put several supply chains, businesses, schools, and public services on the brink of collapse. Beyond the disruptions caused by COVID-19, local and international business activities are frequently interrupted by fire outbreaks, floods, earthquakes, tsunamis, terrorism, cyber-attacks, supply and demand market volatility among others. In the particular case...
MTN has to be commended for the extension of the fee waiver on Mobile Money (MoMo) on-net transfers up to GHC100 daily till Sept 30, 2020.  The extension gives opportunity to MoMo customers to continue sending money transfer value up to GHS100 daily to MoMo wallets for free. Eli Hini,...
Ghana’s new 2019 Companies Act is expected to make it much more difficult for Chinese fishing corporations to illegally use Ghanaian ‘front’ companies to obtain local licenses. The new Act, we learn, requires clear identification of ‘beneficial owners’ and designed to improve transparency in company ownership and reveal any vested...
As COVID-19 slows in developed countries, the virus’s spread is speeding up in the developing world. Three-quarters of new cases detected each day are now in developing countries. And as the pandemic spreads, governments face juggling the health consequences with economic ones as this shifts to becoming an economic...
… calls for sustainable fisheries management decision-making Illegal fishing is considered globally as a fundamental driver of overfishing threatening marine ecosystems. Illegal, unreported, and unregulated (IUU) fishing puts food security and regional stability at risk. On a broader perspective, West Africa’s IUU accounts for approximately 40% of fish caught. This estimated...
A shift from Africa’s traditional approach to power generation is needed to unleash the continent’s clean energy potential and secure an African future free from blackouts. A strategy centred around energy storage and flexible power systems will be the key to guaranteeing the reliability of a high-renewable grid, while...