Financing for the poorest countries is on grant or highly concessional terms The World Bank has announced that it has reached US$2 billion in approved financing for the purchase and distribution of COVID-19 vaccines for 17 developing countries. This financing is part of the US$12 billion envelope over 24 months for...
I’m sure by now, most of us would acknowledge that not only is life full of uncertainty, it’s also a tough world. Personally, I think that once you get to understand this, your outlook on life changes. That’s because you get to a place of acceptance, and that ought...
Ecobank Transnational Incorporated, ETI, the parent company of the Ecobank Group, was hosted recently by the London Stock Exchange for a market opening virtual ceremony to celebrate the successful listing of its Tier 2 Sustainability Notes on the London Stock Exchange (LSE) main market. This represents the first-ever Tier 2...
The latest report from the Intergovernmental Panel on Climate Change should terrify policymakers and ordinary people around the world. The IPCC warns that some disastrous climate outcomes are now likely to occur not in the distant future, but within the next 15 years, or even the next decade. But instead...
The Ghana Investment Promotion Centre (GIPC) on 26th March 2024, hosted its maiden Investor Aftercare Forum, at the Labadi Beach Hotel. The event, themed 'enhancing investor experience,' provided a platform for key stakeholders to deliberate on strategies aimed at bolstering support for investor growth and streamlining business operations within the...
Government has invested over GH¢800million in strengthening and developing the country’s micro, small, medium enterprise (MSME) space since 2017, Chief Executive Officer (CEO) of the Ghana Enterprises Agency (GEA), Kosi Yankey-Ayeh, has revealed. The investment, which has benefitted over 900,000 MSMEs across the country she explains, has been crucial in...
Zambia debt relief talks spur Kwacha rally Zambia’s Kwacha has been one of the best performing currencies this year, gaining 18.5% against the dollar since January despite the economy creaking under the weight of unsustainable debts. Restructuring talks have been ongoing this month, with lenders including BlackRock, the world’s largest...
…ADB, AGRA OCP call for intensified youth in agric efforts It’s no secret that agriculture is the main driving force behind Ghana's economy, accounting for approximately 42% of the country's GDP and employing 54% of its work force. Quite unfortunately, it is also no secret that most young Ghanaians carry...
There were positive signs in the last year globally, as tourism-recovery accelerated to reach 65% of pre-pandemic levels. COVID-19 hit the tourism industry hard; however, as predicted, there was always going to be a rebound because tourists cannot and will not stop travelling. A friend was telling me his...
The UK’s Minister of Armed Forces Mr James Heappey arrived in Accra for a three day visit to Ghana. Mr Heappey’s visit forms part of a short tour of the West African region. Touching down Armed Forces Minister James Heappey said: “Ghana is a vital security partner and the UK greatly...