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Trade attractiveness: Ghana falls from 3rd to 7th in Africa

Trade attractiveness: Ghana falls from 3rd to 7th in Africa

Ghana has “sharply declined” in terms of trade attractiveness in Africa, moving from the 3rd position to the 7th spot, underscoring the pressures that the economy continues to endure, Issue 4 of the Standard Bank Africa

Business
Fitch predicts huge Ghana budget shortfall

Fitch predicts huge Ghana budget shortfall

Budget shortfalls are expected to be significant in Ghana, Uganda, and Nigeria, according to a report by Fitch Solutions. The UK-based firm, in an article titled "Return To International Capital Markets Belies Persistence Of Fiscal

Business
Absa advances digital empowerment, gender equality in tech

Absa advances digital empowerment, gender equality in tech

The Absa Group said it continues to strengthen its commitment to digital innovation and community upliftment through strategic initiatives that deliver tangible, long-term impact. A key component of this commitment, Absa noted, is its ongoing

Business
McDan Group partners with GPHA to enhance marine transport and logistics in Ghana

McDan Group partners with GPHA to enhance marine transport and logistics in Ghana

McDan Group and the Ghana Ports and Harbours Authority (GPHA) have entered into a memorandum of understanding (MoU) to enhance Ghana's capabilities in marine transport and logistics. This collaboration aims to develop a marine terminal

Business
Our network challenges are due to fibre cuts – MTN Ghana

Our network challenges are due to fibre cuts – MTN Ghana

Telecommunications giant, MTN Ghana, has blamed the recent interruptions in call and internet services on fibre cuts mainly occasioned by the activities of road contractors, property developers and other related activities. It said construction machines

Business
Nigeria-USA Trade Hits $10 Billion

Nigeria-USA Trade Hits $10 Billion

The trade relationship between the United States and Nigeria is now worth $10 billion per year, according to Will Stevens, the U.S. Consul-General in Lagos, Nigeria. Stevens shared this information at a workshop in Lagos

Business
Nigeria: Nigeria and Ericsson Collaborate on 5G Innovation Lab

Nigeria: Nigeria and Ericsson Collaborate on 5G Innovation Lab

Nigeria has partnered with Swedish telecom giant Ericsson to establish a 5G Innovation Lab, aiming to advance the country’s digital infrastructure. The Memorandum of Understanding (MoU) was revealed by Vice President Kashim Shettima’s spokesman, Stanley

Business
Ghana needs about $562 billion for energy transition for sustainable development by 2070

Ghana needs about $562 billion for energy transition for sustainable development by 2070

The Deputy Director, Power in Charge of Nuclear and Alternative Energy, Dr. Robert Sogbadji, at the Ministry of Energy has disclosed that Ghana needs about US$562 billion for its energy transition for sustainable development by

Business
How High Economic Uncertainty May Threaten Global Financial Stability

How High Economic Uncertainty May Threaten Global Financial Stability

Uncertainty is not as easily measured as traditional indicators like growth or inflation, but economists have built some reliable proxies. One of the best-known gauges is the Economic Policy Uncertainty Index, which tallies how many news

Business
Ghana’s Industrial sector sees mixed performances in second quarter 

Ghana’s Industrial sector sees mixed performances in second quarter 

The Ghana Statistical Service (GSS) has released its most recent quarterly report on the index of industrial performance (IIP), which shows a mix of positive and negative developments across sectors. According to the report detailing