ALL POSTS FILED UNDER: AFRICA
Ghana’s inflation second highest in Africa
Add a CommentReports that Ghana has the highest inflation rate in Africa have been debunked by the Governor of the Bank of Ghana (BoG), who declared that the country was behind Zambia. Addressing a press briefing in Accra recently, Dr. Abdul Nahir … Read more →
Africa loses $854 billion in illicit financial flows – Report
Add a CommentAfrica lost an estimated amount of 854 billion dollars in illicit financial flows from 1970 to 2008, a report by the United Nations Conference on Trade and Development has revealed. The report said the amount was nearly equivalent to all … Read more →
Ghana has highest inflation rate in Africa
Add a CommentWith its inflation rate of 18.9 per cent, Ghana has the highest inflation rate in Africa and the most rampant price instability among its peers. The country presently has the highest interest rate on the African continent with Treasury bill … Read more →
Africa marks AU day
Add a CommentAfrica Day is the annual commemoration of the 1963 founding of the Organisation of African Unity (OAU), presently recognised as the African Union (AU). Africa Day 2016 is being celebrated in furtherance of the AU’s theme for this year: “Human … Read more →
Zika virus confirmed in Africa
Add a CommentTHE Zika virus strain responsible for the outbreaks in Brazil has been detected in Africa for the first time, the World Health Organization says. The WHO said it was concerned that the latest strain was spreading and was “on the … Read more →
10 Fastest growing economies In Africa – IMF
Add a CommentThe Ivory Coast is Africa’s fastest growing economy, according to the IMF’s latest World Economic Outlook. The West African nation’s GDP is expected to grow by 8.5% this year. The Ivory Coast’s economy has benefited from government policies and structural … Read more →
Ghana ranked 9th in prospect for investors in Africa
Add a CommentNielsen’s second Africa Prospects Indicators (APi) report, which is based on favourable economic growth and stable inflation climate in a country, has ranked Ghana ninth in Africa. On macro prospects ranking, which according to the research considers the economic growth … Read more →
Africa moves to halt $50bn loot by multinationals
Add a CommentThe African Union (AU) has constituted a consortium made up of experts to draw up modalities to halt Illicit Financial Flows (IFFs) out of the African continent orchestrated by multinational companies, which is estimated at over $50billion each year. In … Read more →
Veep in India for investment summit on Africa
Add a CommentThe Vice President, Mr K. B. Amissah?Arthur, has arrived in New Delhi, India for a two?day investment summit on Africa. Accompanied by a delegation of Government officials and Ghanaian entrepreneurs, Mr Amissah?Arthur will address the opening session of the summit … Read more →
Africa losses $50 billion yearly
Add a CommentSince 2000, foreign multi-national corporations and their associates have illicitly siphoned more than US$50 billion out of Africa every year. This adds up to more than US$750 Billion. Dr. Gamel Nasser Adam of the Modern Languages Department of the University … Read more →
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