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World population hits 7.7 billion as of February 2019
The State of the World Population Report (SWOP), which highlights the unfinished business of ensuring rights and choices for all individuals across the world, has been launched in Accra.
This year’s report, focused on the need for…
Ratification of AfCFTA expected to increase exports volume by $35b annually
The African Continental Free Trade Area (AfCFTA), if implemented is expected to change the fortunes of the continent by increasing the volume of exports by $35 billion per year, representing 52 per cent of exports, and reducing imports by…
There is an Africa Poverty Clock – Let that sink in
While around the world extreme poverty has declined considerably, new World Bank estimates suggest that the number of extremely poor people—those who live on $1.90 a day or less—has fallen from 1.9 billion in 1990 to about 736 million in…
$95m spent between 2013 and 2016 without drilling a single oil well in Ghana – Deputy Minister
Dr Mohammed Amin Adam, a Deputy Minister of Energy in charge of Petroleum, says a total of $95 million was spent between 2013 and 2016 for drilling oil wells but none resulted in the discovery of crude oil in commercial quantities.…
Turnover for technical consumer goods set to reach €779b in 2019
The high speed of technological innovations, user-experience and the willingness to pay among others are driving sales up in the technical consumer goods market, and turnover for 2019 is projected to reach €779 billion.
Speaking at…
Average lending rate of Ghana banks declines to 27.8% – Bank of Ghana
The Ghanaian banking sector is known for its high lending rates, which itself has contributed to low lending and high non-performing loans within the sector. But the Bank of Ghana has said average lending rates have fallen.
According…
Africa records 82 terrorist incidents in March – ACSRT Report
The African Centre for the Study and Research on Terrorism (ACSRT) has noted that, the continent recorded 82 terrorist attacks across the Region between March 16 and March 31, 2019.
Lieutenant Colonel (rtd) Larry Gbevlo-Lartey,…
Rise in crude oil, cocoa and gold prices help boost Ghana trade surplus to $899m
For a country that depends heavily on the exports of its raw materials like crude oil, cocoa and gold, a slight appreciation in the international commodities market is likely to result in improvement in its trade surplus. That was exactly…
The incidence of poverty in West Africa exceeds 40% – Dosso
West Africa has multiple challenges. With slow economic growth averaging 2.5 per cent in recent years, the region also has high population growth and the incidence of poverty in the region exceeds 40 per cent. These facts were contained in…
Applying for visa – the tricks and tips
Travelling to other countries, apart from being fun, can also be eye-opening. Encountering new cultures, people and experiencing different countries have the tendency to deepen one’s understanding of others and can facilitate mutual respect…