The World Bank has approved a $300 million Development Policy Operation for Ghana. The First Resilient Recovery Development Policy Financing is a critical contribution by the Bank’s International Development Association (IDA) to help Ghana’s economic recovery and support the country’s resilient and inclusive growth. “The Government of Ghana remains committed to restoring macroeconomic stability and […] The post
Julius Malema, the Commander-In-Chief of the Economic Fighters Front (EFF), is set to arrive in Accra on 23rd January 2023, for a significant dialogue with the youth of Africa. The event, organized by AriseGhana, aims to provide Ghana’s youth with an opportunity to learn from Malema’s fervent activism and radicalism, as well as his unquenchable […] The post Julius
The Member of Parliament for Bawku Central, Mahama Ayariga, has condemned an attack on a truck carrying traders from Bawku to Binduri that resulted in the killing of about seven people and the injury of others. Unknown gunmen ambushed and opened fire on the truck on the outskirts of Binduri. The truck was on its […] The post Let’s end this senseless
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Military coups d’état, which involve unconstitutional ascension to power by armed forces, have been on the rise over the past decade in West Africa. Between 2020 and 2022, Africa experienced six ‘successful’ military coups – of which two were ‘coups within coups’ – and three attempted coups. This represents an approximately 229% increase in coup […] The post The
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The past week was marked by a significant development in the public debt trajectory following the unanimous approval of Ghana’s request for debt treatment under the G-20 Common Framework for Debt Treatment Beyond the Debt Service Suspension Initiative (CF-DSSI). The government has been combining both fiscal prudence and debt restructuring measures to contain growth in […] The post IMF 2nd tranche
Africa is a continent with extraordinary economic potential despite its continual underdevelopment. Notwithstanding its prodigious youthful population, diversified cultures and vast array of natural resources, Africa has encountered a multitude of obstacles in its endeavour to exploit its economic legacy. In recent times, there has been an increasing emphasis on harnessing the economic potential of […] The post
The Tema Port Expansion Project in Ghana epitomizes a strategic milestone in Africa’s maritime and economic landscape. This ambitious project, scheduled for completion by September 2025, is not just an infrastructural upgrade but a pivotal catalyst for economic transformation. The significance of this expansion is underscored by its scale and potential impact: it is set […] The post
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The Disciplinary Board of the Confederation of African Football (CAF) has imposed a fine of $15,000 on the Ghana Football Association over fans trouble in the Africa Cup of Nations Match 4 game between Ghana and Cape Verde on Sunday, January 14, 2024. The Safety and Security Official reported that two groups of supporters from […] The post CAF slaps Ghana with $15K
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The government is making a concerted effort to enhance its appeal as a preferred base for Chinese businesses on the African continent, Finance Minister Ken Ofori-Atta has said. He made this known during an engagement with the Chinese Business Community in Ghana under the Ghana Mutual Prosperity Partnership held in Accra. “We want to use […] The post Gov’t
The Bulk Energy Storage and Transportation Limited Company, BOST held a thanksgiving service over the weekend to commemorate the 30th anniversary of its existence. The event was to give thanks to God for his grace and mercies for keeping the company alive and thriving despite the myriad of challenges it has faced in the course […] The post BOST marks 30th anniversary with
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