The European Union and the Government of Ghana (GoG) have signed a €92.9 million budget support financing agreement to assist the country in its response to the COVID-19 pandemic as well as beef up security operations in the northern part of the country. Out of this special emergency budget support,...
Kenya has delayed talks on a trade deal with the United States until a pan-African trade bloc comes into force, President Uhuru Kenyatta said last week Thursday, likely holding up what would be Washington’s first such pact in sub-Saharan Africa. U.S. President Donald Trump and Kenyatta agreed in February to...
Ghana has benefited from international aid to promote economic and social development to improve the standard of living and alleviate poverty in the country. Aid funds from international donors have been used to pursue infrastructural and social projects geared toward improving the livelihoods of citizens. In 2018, the country declared...
US President Donald Trump has blocked a planned takeover of chipmaker Qualcomm by Singapore-based rival Broadcom on grounds of national security. His order cited "credible evidence" that the proposed $140bn (£100bn) deal "threatens to impair the national security of the US". There were concerns the takeover could have led to China...
Lawyers for US President Donald Trump are seeking to stop the release of a book containing damaging allegations about his administration. Fire and Fury: Inside the Trump White House is due for release on Tuesday. It cites former top aide Steve Bannon as describing a meeting with a group of Russians...
The Executive Board of the International Monetary Fund (IMF) today approved the disbursement of SDR 738 million (about US$1 billion) to be drawn under the Rapid Credit Facility (RCF). The disbursement will help address the urgent fiscal and balance of payments needs that Ghana is facing, improve confidence, and...
The Mediterranean has always been the cradle of civilisation as well as a basin of constant cultural and economic interaction. In this geography, our past, present and future are inextricably intertwined. Turkey and Greece have always had only two choices: lock horns in a way that hurts both of...
U.S. cocoa futures have rallied more than 30 percent in 2018 so far, sharply outperforming other core U.S. commodities on signs of improving demand and forecasts for a smaller global surplus. Benchmark ICE Futures U.S. New York cocoa futures have rallied around 34 percent since the end of 2017 to...
Back when states regularly used armed forces to compel others into compliance or dependence, sovereignty was primarily a geographic and military concept. But the term has more recently taken on an added dimension. The COVID-19 pandemic, for example, revealed the West’s dependence on China for supplies of face masks and...
The coronavirus continues to redefine everyday life across the world, including continental Africa. It is affecting the flow of money into many countries, the effect of the travel bans and this shows the relationship between the African diaspora and their homelands. COVID-19 prevention and mitigation measures such as social distancing,...