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Transit corridor contributes US$34 million to Ghana’s economy annually

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The Ghana’s Transit Corridor contributes US$34 million annually to the nation’s economy, Ms Bismarck Benonita, the Chief Executive Officer of the Ghana Shippers’ Authority...
A 15-meter diameter super-large shield tunneling machine that can balance water and mud roll off the production line in east China's Zhejiang province, May 9, 2021. (Photo by Long Wei/People's Daily)

World Bank Improves Forecast for China’s 2021 GDP Growth to 8.5 Percent

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The World Bank improved its forecast for China's economy growth in 2021 to 8.5 percent, from 7.9 percent in its January report. The World Bank...
Eurozone

World Bank Improves 2021 Eurozone GDP Growth Forecast to 4.2 Percent

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The World Bank improved its forecast for the 2021 eurozone GDP growth to 4.2 percent, from 3.6 percent in its January report. The World Bank...
the world bank

World Bank Improves Forecast for 2021 Global Economy Growth to 5.6 Percent

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The World Bank upgraded its forecast for the 2021 global economy growth to 5.6 percent, 1.5 percentage points up from its January report. "The global...
World Bank

World Bank Improves 2021 US GDP Growth Forecast to 6.8 Percent

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The World Bank improved its 2021 US GPP growth forecast to 6.8 percent, 3.3 percentage points up from the January report. According to the World...
Hybrid and electric vehicles

Russia May Produce at Least 150,000 Electric Cars Annually by 2030

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By 2030, Russia may reach the level of producing at least 150,000 electric vehicles annually, according to a draft concept for production and use...
Nigerian Economy

International donors aim to mobilize billions for Africa’s economy

International donors gathering at a summit in Paris On Tuesday pledged to mobilize more than 100 billion dollars to help boost Africa's economy amid...
Japan

Japan economy contracts 5.1 percent in 1st quarter amid virus spike

Japan's economy shrank at an annualized rate of 5.1 per cent in the first quarter, a government report showed on Tuesday, heightening fears of...
Russia, Sierra Leone

Sierra Leone Opens Economy and Invites Russian Investors

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Sierra Leone is ready to cooperate with Russian business and welcomes Russian investments in the country, Sierra Leone’s Foreign Minister David J. Francis said...
Bitcoin

Bitcoin Nosedived 10% to US$42,200 After April Historic High

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The price of Bitcoin plummeted by more than 10% on Monday to around $42,200, erasing more than a third of April historic price. According to...

‘Bear with government as it works to fix the economy’

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Dr Kingsley Nyarko, the Member of Parliament (MP) for Kwadaso, has called on Ghanaians to bear with the Government as it continues to...

GCB records significant growth in Q1

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GCB Bank recorded significant growth in all key performance indicators during the first quarter of 2021, compared to the same period in 2020. Strong...

Ramz Nic inspires the youth on his new song “Double the Hustle”

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  Rising Afrobeats sensation Ramz Nic has dropped the visuals of his new single “Double the Hustle” as he seeks to inspire the youth in...
banks

Australia central bank keeps monetary policy unchanged

(dpa-AFX) - Australia's central bank maintained its interest rate as well as bond purchase programme on Tuesday, as widely expected, as these measures continued...
Independent Power Producers have threatened to shut down

Recent Power Challenges Pose Threat To Re-booting Economy – IES

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The Institute for Energy Security (IES) have taken note in recent times, of the several power supply challenges that is frustrating the smooth running...
Cyril Ramaphosa

South African president calls for actions to restore economy

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South African President Cyril Ramaphosa called for urgent actions to restore the country's pandemic-battered economy in his State of the Nation Address delivered on...
Cyril Ramaphosa

ANC to focus on defeating COVID-19, rebuilding economy in 2021 – Cyril Ramaphosa,

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African National Congress (ANC) President Cyril Ramaphosa said on Friday night that the party's main focus in 2021 is to defeat COVID-19 and...
domestic bond

We’ve been able to stabilize the economy – Akufo-Addo

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President Nana Addo Dankwa Akufo-Addo on Tuesady said the government has been able to stabilize the economy, exit the International Monetary Fund (IMF) programme,...
President Muhammadu Buhari

Nigerian leader prioritizes security, economy, combatting corruption in 2021

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Nigerian President Muhammadu Buhari said on Friday his administration would continue focusing on delivering key strategic priorities under the security, economy and anti-corruption agenda,...
Ghana economy

Projection Of The 2021 Ghanaian Economy

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Following the 2020 elections of Ghana, there is the need for stricter financial planning and discipline at the individual, business and government level. The...
China’s economy

China’s economy enjoys strong resilience

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By Zhao Zhanhui The year 2020 has been a very unusual year of special significance in the history of New China. Not only is the...
First Lady

First Lady appeals to all Ghanaians to vote for President Akufo-Addo

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First Lady Mrs Rebecca Akufo-Addo has appealed to all Ghanaian voters, including; first-voters, to put the country first, and vote for President Akufo-Addo on...
Vice President Dr. Mahamudu Bawumia

Ghana becoming most digitized economy in Africa – Bawumia

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The Vice President, Dr. Mahamudu Bawumia says the investments the Akufo-Addo government has made in its digitization efforts have put Ghana on the path...
Ghana economy

Ghana CARES programme launched to revitalise the economy

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The Senior Minister, Mr Yaw Osafo-Maafo, on Wednesday officially launched the Coronavirus Alleviation and Revitalisation of Enterprises Support (Ghana CARES) to revitalise businesses and...
Farmer

Small-scale farmers need support to transform economy-MCE

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Mr Aminu Mohammed Zakari, the Municipal Chief Executive for Ayawaso North has called for the support of small-scale farmers to become commercially viable to...
Covid

Philippine economy shrinks for third straight quarter amid Covid

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The Philippine economy contracted for the third straight quarter this year, the first time in 35 years, the government said Tuesday. Gross domestic product (GDP)...
Professor Naana Jane Opoku Agyemang John Mahama

NDC: Seeks comeback to restore economy

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The huge number of infrastructure developments, the solid economic foundation laid out for the future, with enhanced social activities through prudent governance system under...
Covid

COVID-19, economy, racial inequality among top issues in U.S. presidential election

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The economy, the COVID-19 pandemic and racial injustice have emerged as top issues for U.S. voters in the 2020 presidential election. Voters ranked the pandemic...

Somali PM vows to intensify fight against corruption, boost economy

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Somali Prime Minister Mohamed Hussein Roble said his government will step up its efforts to combat corruption and misuse of state resources. Roble, who toured...
Protesters Nigeria

Ongoing mass protests in Nigeria portend danger to economy – union organization

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The ongoing protests against police brutality in Nigeria that have forced businesses to close down are a danger to the nation's already poor economy,...