By Kestér Kenn KLOMEGÂH The United States government hosted trade ministers from sub-Saharan Africa for the annual African Growth and Opportunity Act (AGOA) Forum from July 24 to 26. Historically since its (AGOA) launch in 2000, this important corporate event takes place alternately in Washington or in an African city each...
By Mohamed A El-ERIAN As in many other developed countries lately, the two major political parties in the United Kingdom have embraced economic growth as their top policy priority. Following the volatile 49-day experience of Liz Truss’s government and its “dash for growth” in 2022, however, both parties emphasize that there...
By Kestér Kenn KLOMEGÂH The Corporate Council on Africa (CCA) held the U.S.-Africa business summit in Dallas, Texas, on May 6-9 with the theme "U.S.-Africa Business: Partnering for Sustainable Success" that gathered a number of African leaders, senior U.S. and African government officials, and corporate business executives to review performance,...
South Africa prepares to host the African Growth Opportunity Act (AGOA) forum to review critical challenges and obstacles adversely impacting on trade opportunities and economic cooperation between the United States and Africa. The United States first introduced the African Growth and Opportunity Act (AGOA) in 2000. It is the...
No two crises are alike. That is true of recent financial upheavals – the Asian financial crisis of the late 1990s, the dot-com crisis of 2000, and the global financial crisis of 2008-09. It is also the case with crises sparked by geostrategic shocks, such as wars, pestilence, famine,...
When a bank fails, attention inevitably turns to its regulators. Who was asleep at the wheel? Who failed to spot the warning signs? The failure of Silicon Valley Bank (SVB) is no exception. In the United States, these questions are often directed at many different agencies, since the system is...
About 300 entrepreneurs, investors and celebrities took part in the opening reception for the US-Africa Leaders’ Summit, the investment-focused ‘Innovators’ Gathering’, honouring the influx of two-way investment and trade opportunities set to be announced at the U.S.-Africa Leaders’ Summit. ‘The Innovators’ Gathering: Investing in U.S.-Africa Cultural and Economic Ties’ was...
Certainly, it can be described as an irreversible historical landmark as United States President Joseph R. Biden Jr. and his administration are set to renew their commitments and hold discussions relating to the global economy, democracy and governance, climate change, health and security, women, youth, and education during the...
Under the chairmanship of U.S. President Joe Biden, the second edition of the U.S.-Africa Leaders’ Summit held mid-December has practically registered significant successes. The first summit was in 2014 during the presidency of Barack Obama; the administration officials in reports have, however, acknowledged regret for the long gap. The landmark...
U.S. Secretary of State lauds Ghana for contributing to global security
The U.S. Secretary of State, Antony J. Blinken has commended Ghana for her efforts in global and regional security while deepening economic ties for post-COVID-19 recovery and growth. Mr. Blinken, who was together with the Assistant Secretary of State for Africa, Ms Molly Phee met with Ghana’s Vice President Dr....