Monday, September 23, 2024
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AUTHOR NAME

Fred Dzakpata

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Fred Dzakpata is a Ghanaian journalist who specializes in business reporting in Africa.

Morocco tops investment destination in Africa for 2017

Morocco is the most attractive economy for investments flowing into the African continent, according to the latest Africa Investment Index 2018 (AII) by Quantum Global’s independent research arm, Quantum Global Research Lab.

Ghana and Ivory Coast sign major agreement on Cocoa

The governments of Ghana and Cote d’Ivoire have signed a major agreement called the “Abidjan Declaration” which is to address issues within the cocoa sector in both countries.

Louis Vuitton names Ghanaian-American as new creative boss

Virgil Abloh, the founder of streetwear brand Off-White and Kanye West's creative director, has been named the new menswear designer for French fashion label Louis Vuitton.

World bank: Laws restricting women’s economic growth still prevalent

A World Bank Group report examining laws in 173 economies finds that 90% of economies still have laws restricting women’s economic empowerment. Violence and lack of jobs are amongst the key barriers for women in developing countries.

Ghana scraps VAT on some 64 Commodities

There is some major relief for businesses in Ghana following the decision by the government to scrap VAT on the import of some 64 commodities.

Afro-Asian Reinsurance Brokers launches operation in Ghana

Afro Asian Reinsurance Brokers has began operations in West Africa with the official launch of its branch in Ghana. Afro-Asian was established in 1988 by Rasik Patel, to build on his extensive network of connections and resources in the Afro-Asian countries.

AU launches ambitious bid for ‘world’s largest free trade area’

Africa's leaders will gather in Rwanda on Wednesday, March 21 to launch what they say will be the world's largest free trade area but leaders of Nigeria and Uganda are reported to have pulled out, highlighting the challenge in getting the continent to sign up.

Ivory Coast selling Africa’s biggest Eurobond

Ivory Coast is selling 1.7 billion euros ($2.1 billion) of bonds in the biggest issuance of debt in the common currency from an African government, according to a person familiar with the matter. The West African nation is offering 850 euros of 12-year notes paying 5.25 percent and a similar amount of 30-year securities with a coupon of 6.625 percent, said the person, who asked not to be identified as they’re not authorized to speak about the matter. Price guidance was around 5.375 percent for the 12-year securities and 6.75 percent for the 30-year notes, said the person.

Kenya’s government declares the country ”broke”

Officials within Kenya's government have said that the country is "broke" and lacks needed funds for developmental projects.

IMF urges Ghana to adopt new revenue plan

Ghana must legislate new measures to boost revenues by at least 0.5 percent of Gross Domestic Product (GDP) before the International Monetary Fund (IMF) reviews a $918 million credit deal next month, the Fund has said.

Latest news

Nigerian High Commission apartments in Ghana demolished

Some new apartments built at the residence of the Nigerian High Commissioner in Ghana’s capital city Accra, have been demolished by bulldozers. The apartments have been constructed to...

Covid-19: Ghana records significant recovery numbers

Ghanaian health officials on Saturday said over 10,000 persons infected with the coronavirus have now recovered. The significant number of recoveries means the country now...

DR Congo: President’s ex-chief of staff jailed 20 years for corruption

The ex-chief of staff of the president of the Democratic Republic of Congo has been jailed 20 years by a high court. Vital Kamerhe was...

Covid-19: Zimbabwe’s health minister arrested, charged for graft

Zimbabwe's Health Minister Obadiah Moyo has been arrested over corruption allegations related to procurement of medical equipment worth $60 million. Moyo is accused of illegally...

Ghana’s new law that jails citizens not wearing facemask 10 years

Ghanaians who fail to wear the face masks in compliance with a presidential directive risk going to jail for ten years. They also face a...
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