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Chinese firms urged to explore investment opportunities in NW Zambia

Chinese firms are expected to invest in various economic sectors in Zambia's Northwestern province, the development that will result in enhanced economic growth in...

U.S. Partners outdoor Ghana Learning Radio Program to Improve Reading for all Ghanaian Children

U.S. Ambassador to Ghana Stephanie S. Sullivan has joined forces with Ghana’s Minister of Education, Dr. Matthew Opoku Prempeh, to launch the Ghana...
Multi Purpose Pwalugu Dam

Multi-purpose Pwalugu Dam: Govt promises compensation for farmers, home owners

Volta River Authority, VRA has disclosed that over 400 structures will be affected by the construction of the Pwalugu Multipurpose Dam project in both...
Wpid Money Growth

Chinese firms join Zambian transport industry for economic growth

Zambia is a landlocked country in Africa and the logistic and transport industry is receiving the most investment to meet the high demand for...
President Muhammadu Buhari-left and his new Chief of Staff, Prof Ibrahim Gambari-right. (Politics Nigeria)

Gambari COS for Buhari: Right Man at Right Time for Nigeria

President Muhammadu Buhari has unexpectedly chosen an exceptional new Chief of Staff (COS), Professor Ibrahim Gambari, (his friends call him “Prof”), to replace the...
Mr Kojo Oppong Nkrumah Minister Of Information

Ghana’s projected growth to slip from 6 to about 2 percent

Ghana’s projected economic growth this year will slow from the initial 6 percent to about 2 percent, Mr Kojo Oppong-Nkrumah, the Minister of Information...
Coronavirus testing supplies being unloaded at the Bole International Airport in Addis Ababa, Ethiopia, in March.Credit…Tiksa Negeri/Reuters

Ethiopian PM Abiy Ahmed: Debt Cancellation for the World to Survive

May 1, 2020 Ethiopian Prime Minister, Abiy Ahmed, has made an audacious salient call for debt cancellation for low income countries. It was published in...

Former Nigerian state governor calls for interest rates cut to spur economic growth

A former state governor of Nigeria has urged financial authorities of the country to lower the interest rates with a view to boosting domestic...
Grain Silos

Sub-Saharan Africa steps up efforts to boost local food & beverage manufacturing

Countries across sub-Saharan Africa are actively seeking to reduce their dependence on food imports and grow local manufacturing, pointing to future demand for food...
Who Treatment

International Cooperation and Collaboration Needed to Save Lives in Africa From COVID-19

April 26, 2020 While the current number of total cases of COVID-19 in Africa is comparatively low, the potential for mass deaths across the continent...

Egypt tries to balance between fighting coronavirus, maintaining economy

by Mahmoud Fouly The Egyptian government is trying to strike a balance between implementing precautionary measures to fight COVID-19 pandemic and gradually...
Atlas Namibia

Namibia spent US$5.3 billion over 30 years to stimulate economy

Namibia has spent in excess of 90 billion Namibian dollars (about 5.3 billion U.S. dollars) in the past 30 years in developmental budgets to...

UN regional arm urged to increase spending on managing COVID-19 pandemic

According to a new report by the United Nations Economic and Social Commission for Asia and the Pacific (ESCAP) novel coronavirus (COVID-19)...
Bank of Ghana

Bank of Ghana lowers policy rate to 14.5 percent over coronavirus outbreak

Bank of Ghana has cut its policy rate by 150 basis points to 14.5 percent over fears the coronavirus outbreak could slowdown economic growth...
Economics Gepa Straw New

GEPA calls for public-private partnership to boost straw cultivation

The Ghana Export Promotion Authority (GEPA) has called for public-private investment in the cultivation of straw to make it readily available to basket weavers...
A Female Worker

International community confident about long-term sound economic growth of China

China has the capability to triumph over the challenges amid the novel coronavirus (COVID-19) epidemic, said former foreign dignitaries, international experts and scholars, as...
Local residents hold a vigil to express solidarity with China in the efforts to battle the novel coronavirus outbreak in Colombo, Sri Lanka, Feb. 1, 2020. (Photo by Ajith Perera/Xinhua)

Governments, international organizations move to mitigate economic impact amid rising COVID-19 cases

As more confirmed cases of COVID-19 and fatalities from this contagious disease have been reported worldwide, many countries and international organizations are taking actions...
Wall Street

Wall Street tumbles despite Fed’s interest-rate cut

U.S. equities closed sharply lower on Tuesday as concerns of slower economic growth persist, despite the Federal Reserve's emergency interest-rate cut. The...
FILE PHOTO: Men walk past electricity pylons as they return from work in Orlando, Soweto township, South Africa March 18, 2019. REUTERS/Siphiwe Sibeko/File Photo

Stable electricity supply holds key to South Africa’s economic growth

A stable supply of electricity will be the number one task for the South African government, Finance Minister Tito Mboweni said on Wednesday, amid...
oil revenues

Saudi Arabia expects economic growth backed by non-oil revenues

Saudi Arabia's economy is expected to grow, backed by its non-oil revenues, governor of Saudi Arabian Monetary Authority said on Saturday. Ahmed...

GSE expects more listings to boost bourse performance

The Ghana Stock Exchange (GSE) on Friday said it expects more listings in equities and bonds to boost liquidity and enhance the performance...

WAITEX launched in Accra

The 2020 organisers and partners behind the Inaugural West African Industrial Trade Exhibition (WAITEX) has been launched. As a forum for trading, business networking, learning...
Wpid Money Growth

Zambia still faces challenges in bolstering economic growth

Despite the Zambian economy showing some signs of recovery after the 2019 economic woes, the country still faces challenges in boosting and sustaining economic...

Veep officially unveils Absa Ghana Limited in Accra

Vice President Dr Mahamudu Bawumia on Monday officially unveiled Absa Ghana Limited, formerly Barclays Ghana Limited at a colourful ceremony in Accra. Dr Bawumia...
Participants attend the 36th ordinary session of the executive council of the African Union Commission which in Addis Ababa, capital of Ethiopia, Feb. 6, 2020. The 36th ordinary session of the African Union (AU) Executive Council, which comprises ministers of the 55-member pan-African bloc, opened on Thursday in the framework of the 33rd AU summit at the AU headquarters in Ethiopia's capital Addis Ababa. (Xinhua/Michael Tewelde)

Launch of multi-million USD initiative to benefit African women

African leaders are putting women at the front of efforts to drive the continent's economic growth through the launch of a women-empowerment initiative, dubbed...

Over 160 applicants selected for 2020 KIC Agritech challenge

Over 160 applicants have been selected to join this year’s Kosmos Innovation Center (KIC) AgriTech Challenge out of the total number of 675 applications...

China Has Embraced Africa’s Development; The US Has Not

January 16, 2020 It is as clear as day and night, the difference between China’s approach to Africa and that of the United States. There...

Let’s join hands for the success of Ghana Beyond Aid

President Nana Addo Dankwa Akufo-Addo has rallied Ghanaians to support the enterprise to have a Ghana Beyond Aid, collaborate with the Government to define...
Wpid Money Growth

Kenya’s Q3 economic growth slows

Kenya's economy was subdued in the third quarter of 2019 (July-September), growing by 5.1 percent, down from 6.4 percent growth recorded during the...
Gross Domestic Product (GDP)

Ghana’s economic growth dips 4th straight time

Economic growth in Ghana dipped 1.8 percentage points to 5.6 percent in the third quarter (Q3) of 2019, compared with the 7.4 percent recorded...