The World Bank’s Board of Executive Directors has approved US$315million from the International Development Association (IDA) to support job creation, skills development and digital transformation in Ghana.
This financing includes US$20million for the Ghana Jobs and Skills Project and an additional financing of US$115million for the eTransform Ghana Project.
“The two...
African countries have lost almost US$55 billion in travel and tourism revenues in three months due to the coronavirus pandemic, the African Union (AU) commissioner for infrastructure and energy said on Thursday.
Amani Abou-Zeid told a news conference the economic impact of lockdowns and border closures to curb the spread...
The International Air Transport Association (IATA) has released data for global air freight markets in May, showing a slight improvement in the air cargo market. But capacity remains unable to meet demand as a result of the loss of belly cargo operations on passenger aircraft that have been parked.
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The tumultuous impact of COVID-19 around the world is no longer news. A new decade that began with overwhelming optimism soon dissipated in the face of socio-economic desolation visited upon the world by the pandemic.
The consequences of the pandemic, according to local economists, have left Ghana’s socio-economic foundation wobbly...
Nigeria’s candidate to head the World Trade Organization (WTO) said she feels “strong support” from Africa and expects African leaders to unite behind one candidate as sources following the race said she is gaining broader backing.
Ngozi Okonjo-Iweala, a former finance and foreign minister who has 25 years experience at...
The World Health Organization (WHO) has called for caution as African airlines begin operations in various countries.
The WHO said strict measures should be observed to prevent surges in coronavirus infections.
The organisation urged governments to ensure airlines take information of passengers travelling and follow up with them to prevent outbreaks.
The...
Ghanaians, living abroad transfer monies back home regularly to support their families and friends. These money transfers are mostly for consumption and in some cases, to assist their business endeavours.
Remittance contribution to individuals cannot be underestimated. It contributes to the economic growth of many developing economies. Even during this...
The Kenyan shilling is expected to trade on the back foot this week while that of Tanzania is seen strengthening and the Nigerian, Ugandan and Zambian currencies holding steady.
KENYA
The Kenyan shilling could come under pressure this week due to U.S. dollar demand from the energy and manufacturing sector...
Today, July 5, 2020, marks the establishment of the 60 years of the establishment of diplomatic relations. Sixty years of enduring and exemplary relations and cooperation between the two countries is worth celebrating and pondering over.
Ghana established diplomatic relations with China shortly after becoming a Republic in July 1960,...
The Dynamic Governance Actions Opportunity for the Democratic Republic of Congo, (DGAOD for DRC), a citizen movement in the DRC has kicked against what it describes as “neocolonialism” by some international Non-governmental Organisations (NGOs).
In a statement signed by Henri Mutombo of the DGAOD, the group said some international NGOs...