After falling significantly in 2020, oil prices have returned to pre-pandemic levels The rise has been driven by OPEC+ production cuts and an improving economic climate Higher prices are likely to support a rebound in oil-producing emerging markets Further virus outbreaks or increased production would pose challenges to...
Humanity must agree on the benefits of technology – and then use it to uplift each other and achieve our development goals, says Huawei vice-president Catherine Chen.  Technology holds significant benefits for humanity, and digital technology can be an indispensable tool for helping the United Nations achieve its Sustainable Development...
Across Africa, urban centres are rapidly expanding as the continent's large - and growing - youth population seek better fortunes in the city. In 2020, Kinshasha was the world's 17th-largest city by population size, and Lagos the 18th-largest. However, the astonishing rate of urbanisation will soon turn Africa's main...
Following recent media reports, the World Bank wishes to clarify that it has not provided any financing or guarantees to the Independent Power Producers (IPPs) that signed Power Purchase Agreements with the Government of Ghana or the Electricity Company of Ghana during the (Dumsor) energy crisis in 2014-2016. To secure...
The Caroline Group has signed a partnership with Merrick Preparatory, a world-class Canadian Boarding School. Caroline Esinam Adzogble, CEO of Caroline Group noted that over the years, African parents have warmed up to the idea of international boarding school. Till date, there are over 1400 boarding schools across USA, UK...
Now is the time to take advantage of this opportunity to build a better world Looking back to the start of 2020, the world has changed almost beyond recognition. To protect public health, the global economy was put into stasis. Shops closed, factories were mothballed, and people’s freedom of...
GH¢50m capital injection to benefit creative arts US$20m national film studio push for domestic tourism drive Ghana’s tourism and creative arts industry is expected to rake in a revenue of US$5 billion within two years and up to US$6 billion in the next four years to become an...
…says poor mortgage financing is structural The nation’s rising housing deficit would tumble, as more household would be able to access mortgages at competitive rates, if a mechanism existed where mortgage-originating institutions, particularly banks, were able to ‘swap’ their liabilities with pension funds, who have far more patient capital to...
The National Cyber Security Centre (NCSC) is assiduously working to transform itself into an authority by the end of the second quarter of this year after the passage of the cybersecurity bill late last year. The move has become critical with the rapid adaptation to the digital platforms for the execution of...
U.S. Army General Stephen Townsend, commander, U.S. Africa Command, conducted a two-day visit to Ghana, Feb. 23-24. This was Townsend’s first visit to the country, where he met with Ghanaian leaders and U.S. Embassy personnel in Accra. “Ghana is an African security leader and a key partner of U.S. Africa...