At the end of the 1980s, political liberalization swept across Africa, seemingly indicating that it was the continent’s turn to embark on history’s inexorable march toward democracy. Some commentators argued that, by increasing the legitimacy of African governments, political reform contributed to the subsequent decline in military coups. But since...
Nigeria’s Central Bank Governor Godwin Emefiele said last week Friday he expected inflation rates to fall at a faster pace and hit high-single digit rates mid-next year. “We are very optimistic that food prices will come down, and as they come down it will help to complement the reduction in...
By Kizito CUDJOE The Senior Minister of Cambodia and President of the Anti-Personnel Mine Ban Convention, Dr. Ly Thuch, has called for action to encourage the remaining non-state parties in Africa - Egypt, Libya and Morocco - to join the Anti-Personnel Mine Ban Convention or Mine Ban Treaty. This is seen...
Africa, the second-largest continent and home to 1 billion people, has long captured the world’s imagination. Today, different thinkers, political and business leaders are preoccupied with a single question – how to help Africa’s economy grow so it can trade with the world on better terms? The answer is simple:...
Tanzania's shilling is expected to gain ground against the U.S. dollar this week, while Kenya's will weaken, traders said. KENYA The Kenyan shilling    is seen weakening due to dollar demand from merchant importers and firms in the energy sector, which normally increases in the last days of the month. Commercial banks quoted the...
Behind all our efforts to build a more sustainable economy lies a stark and unavoidable reality. We waste too much for our current economic models to ever be sustainable. According to research by the United Nations, waste generation will drastically outpace population growth by more than double between now...
As the COVID-19 pandemic takes a toll on African health systems and their economies, African governments are staking a claim for debt relief or outright cancellation of debts owed to China and the west. Ghana’s Finance Minister, Ken Ofori-Atta, and the South African Finance Minister, Tito Mboweni, have been leading...
Ghanaian-born African Human Development Expert Dr. Ishmael Nii Amanor Dodoo has said that anyone who has the desire to play any leadership role in the transformation of Africa must first transform themselves. “Growing up in Africa and working across the continent throughout my career, I have come to the conclusion...
With other development finance institutions, the Bank plays a critical role in financing electricity projects Kindergarten teacher Fatima Zahera Hagou recalls that just a generation ago, when the sun went down over the Moroccon countryside, her rural village of Dar Laain ground to a halt and locals bedded down for...
BetKing, Africa's leading sports and digital entertainment company, has officially announced its entry into the Ghanaian market with a high-level stakeholder event. During the launch, BetKing conveyed its commitments and plans to be the entertainment and betting platform of choice in the country by providing customers with trusted products, incredible...