Implementation of the African Continental Free Trade Area (AfCTA) is likely to enslave Africans to the rest of the world if the challenges associated with the program are not fixed, the think-tank group Citizen Watch has revealed. Currently, it is estimated that Ghana needs about US$5billion annually for the next...
Russia has a long time-tested relationship with Africa. After the first symbolic Russia-Africa summit in the Black Sea city of Sochi on October 23-24, 2019 both Russia and Africa adopted a joint declaration, a comprehensive document that outlines the key objectives and necessary tasks that seek to raise assertively...
Nairobi-based pan-African housing development financier, Shelter Afrique, has appointed Thierno-Habib Hann as the new Chief Executive Officer to succeed Mr. Andrew Chimphondah, who left the company early this year. Mr. Hann currently serves as the Asia/Pacific Lead for housing finance at the International Finance Corporation (IFC) based in Bangkok, where he...
President of the African Organisation for Standardisation (ARSO), Professor Alex Dodoo, has called on ARSO member countries to seize the opportunities embedded in the African Continental Free Trade Area (AfCFTA) to industrialise the continent and position it as a global manufacturing hub. With present economic uncertainties across the globe, he...
The African Development Bank and the Coalition for Dialogue on Africa (CoDA) have officially launched a three-year support project to improve regional coherent and coordinated response to illicit financial flows. The project will help African stakeholders actively engaged in stemming such flows to improve domestic revenue mobilisation in African...
Africa bears virtually no responsibility for the greenhouse-gas emissions driving the climate crisis. It is not responsible for the conflicts or supply-chain disruptions that have driven global inflation. Nor did it trigger the spread of COVID-19, let alone cause the pandemic’s economic fall-out. And yet, the long-term effects of...
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:...
In the past few years, the whole world has faced changes - or one might even say structural shifts - in the economy, society, logistics and other areas. The new state of business relationships require completely different approaches and business decisions. Global challenges have forced different countries to implement projects and...
By Juliet ETEFE A six-member delegation from the German Federal Parliament, during their working visit to Ghana, inspected some projects funded by the Federal Ministry for Economic Cooperation and Development (BMZ). Dr. Christoph Hoffman, acting chairperson-Committee on Economic Cooperation and Development, explained that the MPs are Committee members representing different parties...