Development Bank Ghana, which officially starts operations on Tuesday with about $800 million in capital, plans to grow fivefold over the next five years to help end a shortage of funding to small and medium sized enterprises. It will lend money to financial institutions, which should in turn give loans to business owners at an […]
The United Kingdom is due to send a first plane carrying asylum seekers to Rwanda despite last-ditch legal bids to block the deportations, mounting protests and UN criticism. A chartered plane is set to leave one of London’s airports on Tuesday night and land in Kigali on Wednesday, campaigners said, after British judges on Monday rejected an […]
Ethiopia’s Prime Minister Abiy Ahmed says his government has formed a committee to negotiate with the northern Tigray region’s forces. Fighting erupted in Tigray in November 2020 and spilled over into the neighbouring regions of Afar and Amhara last year, but it has eased since the federal government declared a unilateral humanitarian ceasefire in March. “Regarding the peace, a […]
The implementation of trade facilitation measures under African Continental Free Trade Agreement (AfCFTA) as well as reductions in intra- AfCFTA tariffs and non-tariff barriers (NTBs) in goods and services can boost Ghana’s real income by 5.7 per cent, relative to baseline. By the year 2035, about four per cent, representing two third of the country’s […]
The EU is expected to launch legal action against the UK government on Wednesday over its decision to scrap some post-Brexit trade arrangements. Ministers insist current checks on some goods travelling from Great Britain to Northern Ireland must end to avoid harm to the peace process. They published a parliamentary bill on Monday aimed at […]
Botswana is hosting an anti-corruption conference (June 13-14) led by the African Union and the International Monetary Fund. The IMF said the COVID pandemic has underscored the need for good governance. IMF deputy managing director Antoinette Sayeh said the continent faces increasing challenges in fighting corruption particularly due to the COVID-19 crisis. “Of course, corruption […]
Belgium’s King Philippe ended his historic tour of the Democratic Republic of Congo on Sunday in the eastern city of Bukavu, as the Congolese army repulsed a rebel attack further north. The king visited Nobel laureate Denis Mukwege on the outskirts of the city, on the last leg of his six-day visit to the former […]
A United Kingdom (UK) charity organisation that seeks to support youth employment, education and entrepreneurship, says it is working to expand its programmes to benefit more young people in the country. The Prince’s Trust International, founded by the Prince of Wales, which is helping to tackle global crisis, including youth unemployment, has already supported 1,500 […]
US campaigners have welcomed a potential cross-party deal on gun safety reforms but stressed the proposals do not go far enough. “This is progress even if small,” said David Hogg, a survivor of the 2018 Parkland school shooting in Florida. Ex-lawmaker Gabrielle Giffords, injured in a 2011 shooting in Arizona, said it was an “important […]
The U.N. refugee agency says fatalities are rising along the Mediterranean Sea crossing to Europe, even as fewer migrants and refugees are making the dangerous journey. Migration reached a peak in 2015, when more than a million refugees and migrants crossed the Mediterranean to Europe. That number declined to 123,300 in 2021. However, the U.N. […]
