Treasury Secretary Janet Yellen begins her tour of Senegal, Zambia and South Africa this week, with hopes high on the continent of adding substance to President Joe Biden's comments last month that the US is “all in on Africa's future.” Yellen follows Chinese Foreign Minister Qin Gang’s tour this...
Bank of Africa (BOA) Ghana has announced its partnership with the Pan-African Payment and Settlement System (PAPSS) to launch financial market infrastructure (FMI) that will facilitate trade and other economic activities among African countries.
The partnership will enable customers of BOA-Ghana to trade and make payments within Africa, and at...
The Change Africa Conference is championing a momentous mission to provide economic opportunities and empower African youth to lead self-sustaining lives, in the face of unprecedented challenges and the need for young people to thrive.
Its organizers believe that the moment for economic empowerment and liberation of African youth is...
Angola - a significant player in Africa's petroleum landscape - has announced its decision to exit the Organization of the Petroleum Exporting Countries (OPEC). For Angola, membership status is not the sole concern but OPEC must necessarily serve its business interest. If its leaves the OPEC with effect from...
South Africa is celebrating a momentous 28-year democracy this year - a period that has been characterised by steady economic, political and social freedom, having first marked it in April 27, 1994.
The theme for the occasion: ‘Consolidate our Democratic Gains’, is a charge to the country’s people to seriously...
In her weekly media briefing July 23, Foreign Ministry Spokeswoman Maria Zakharova criticized United States support for educational programs, media and NGOs in Africa. In addition, Zakharova said "the allocation of grants fits into the White House's efforts to promote the idea that there is no alternative to Western...
- Akufo-Addo to local businesses
President Nana Addo Dankwa Akufo-Addo has asked local entrepreneurs to exploit the enormous potentials provided by the Africa Continental Free Trade Area (AfCFTA) for trade and investments across various sectors of the economy.
“Ghana, like many African countries, is blessed with an abundance of resources. However,...
Dr. Ngozi Okonjo-Iweala, newly-selected head of the World Trade Organisation (WTO), said on Tuesday she will push for concrete results in addressing the dual economic and health crises facing the globe.
Her immediate goals are to ensure vaccines are produced and distributed worldwide, not just for rich nations; and to...
“The world as we have created it is a process of our thinking. It cannot be changed without changing our thinking.”
― Albert Einstein
Trade and investment have long been key drivers of economic growth and development globally. In Africa, where there has been significant levels of poverty and inequality, transforming economies...