NEWS

Ghana, Ivory Coast, 32 others on World Bank’s HIPC list

There are currently about 34 African countries on the World Bank and IMF’s heavily indebted countries’ list, according to data obtained by Business Insider Africa. Among these heavily indebted poor countries are Ghana, Tanzania, Ethiopia, Benin, Burkina Faso, Burundi, Cameroon, Central African Republic, Chad, Comoros Islands, Democratic Republic of Congo and Republic of Congo. Others include Ivory Coast, Eritrea, Ethiopia, ...

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Risks to economic prospects have increased – IMF

The International Moneatry Fund (IMF) has said the global recovery continues, but momentum has weakened, hobbled by the pandemic. The IMF added that risks to economic prospects have increased, and policy trade-offs have become more complex. The fault lines opened up by COVID-19 are looking more persistent—near-term divergences are expected to leave lasting imprints on medium-term performance. Vaccine access and ...

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Abokobi: Many stranded as trotro drivers strike over poor roads

Commercial drivers who ply the Oyarifa-Abokobi road to various parts of the Greater Accra Region have embarked on a sit-down strike over the poor state of that road. According to the protesting drivers, plying the road has left many of them sick with waist pains while they expend their income on maintenance of their vehicles. They have, therefore, served notice ...

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250 journalists to be sponsored for training annually

Two hundred and fifty selected journalists are set to benefit from a Media Capacity Enhancement Programme (MCEP) annually paid for by the Ministry of Information. The Ministry of Information which announced this at the launch of the programme in Accra on Sunday November 14, 2021, said the programme is expected to provide continuous in-service training for media personnel drawn from ...

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Bawumia is calm, determined and always ready to serve – Afenyo-Markin

The Deputy Majority Leader, Alexander Kwamena Afenyo-Markin, has heaped glowing tributes on the Vice President of the Republic, Mahamudu Bawumia. In a statement made on the floor of Parliament on Friday, 12th of November, 2021, the Effutu Member of Parliament said; “Vice President Mahamudu Bawumia is another calm character, easy of address, a determined soul, ready to serve his country” ...

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2021 BECE begins today

About 571,894 final year junior high school (JHS) students are beginning their Basic Education Certificate Examinations (BECE) from today, Monday, November 15. The examination is to qualify them for placement into senior high schools (SHSs). Over 2,000 centers have been set up across the 16 regions of the country for the examinations run by the West African Examinations Council (WAEC). ...

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Ghana: AfDB fund extends $40m grant to establish Dev’t Bank Ghana

The Board of Directors of the African Development Bank Group on Friday approved a grant of $40 million from the African Development Fund to Ghana to further capitalise The Development Bank Ghana (DBG), a newly established development finance institution in Ghana. The Development Bank Ghana is designed to provide financing to micro, small and medium sized enterprises as well as ...

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