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Economic Diversification Can Create More, Better Jobs In Ghana – World Bank Report

  • December 12, 2019

Ghana’s economic growth has been strong over the past decade, with annual GDP per capita growth at 4.4 percent between 2006 and 2017.  Growth however has been heavily concentrated in the natural resources and commodities sectors which has had an impact on how and where jobs can be created, according to a World Bank report, entitled “Economic Diversification Through […]

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US-China Trade Tension Hits Hard On Global Economy

  • December 9, 2019

China on Monday, December 2, hit back at the United States for signing a bill supporting pro-democracy protests in Hong Kong. The Chinese retaliation will limit U.S. Navy and critical nonprofit organisations in Hong Kong. China said that in response to the “unreasonable behaviour” of the U.S., it would impose sanctions on several U.S.-based nongovernmental […]

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34-Year-Old Becomes World’s Youngest Prime Minister

  • December 9, 2019

A Finnish politician is set to become the world’s youngest sitting prime minister. Sanna Marin, Finland’s 34-year-old transportation minister, will also become the country’s youngest ever prime minister when she is sworn in on Tuesday. On Sunday, Marin narrowly won a vote among Social Democrat lawmakers, according to Reuters, and replaces outgoing Prime Minister Antti […]

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UNDP Awards Grants To Support Women Focused Initiatives In Ghana

  • December 9, 2019

The United Nations Development Programme (UNDP) through the Global Environment Facility Small Grants Programme (GEF-SGP) awarded US$150,000 (GHS820,000) grants to five organizations with women focused initiatives, on behalf of the United Nations Office for Project Services (UNOPS). The grant award is part of efforts to support and expand innovative business enterprises that have significant growth […]

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Evangelist Who Drew Millions In Africa Dies At 79

  • December 8, 2019

German evangelist Reinhard Bonnke, who drew huge crowds in Africa over decades of preaching, has died aged 79. “He passed away peacefully, surrounded by his family,” his wife Anni Bonnke said in a statement. The family lives in the United States but Bonnke was best-known for his work with the Christ For All Nations organisation throughout […]

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Nairobi Governor Arrested Over Kenya Corruption Scandal

  • December 8, 2019

Nairobi’s controversial governor Mike Sonko has been arrested on suspicion of involvement in a multi-million dollar corruption scandal. The director of public prosecutions said the investigation had been challenging because of repeated attempts by the accused to obstruct it. Mr Sonko is known for his love of gold jewellery and clothing. He has vowed to […]

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Committee To Promote Trade Between Ghana, Japan Inaugurated

  • December 5, 2019

A special committee has been inaugurated to promote trade and investment and enhance the business relationship between Ghana and Japan. The committee is made up of high-level Ghanaian government representatives drawn from the ministries of Finance, Foreign Affairs and Regional Integration, Trade and Industry and Business Development as well as the Ghana Investment Promotion Centre […]

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Mugabe Left Behind ‘$10m In Cash’

  • December 4, 2019

Zimbabwe’s late President Robert Mugabe left behind $10m (£7.7m) in the bank and several properties in the capital, Harare, the state-owned Herald newspaper has reported. Mugabe, who died in September at the age of 95, had failed to leave a will, prompting legal authorities to call a meeting this week to appoint an executor, it […]