The prospect of a series of interest-rate increases by the US Federal Reserve highlights the need for African countries to increase savings rates ... so that banks can provide debt finance in local currencies, S&P Global Ratings sovereign specialist Frank Gill tells The Africa Report.
Ken Ofori-Atta has taken the lead in managing Ghana’s economy since his appointment in 2017. He was one of the top financiers of the ruling ... New Patriotic Party in 2008 and 2012. He was also central to his cousin Nana Addo Dankwa Akufo-Addo’s victory in the 2016 elections. As minister of finance, his trusted contacts and confidants have helped him manage the Ghanaian economy. We break down who's who in Ofori-Atta's network.
Africa-focused oil explorer Tullow hit the buffers in 2019: a string of problems with its Ghana operations led to the resignation of CEO Paul ... McDade, and dividends were scrapped. Two years later, the company is bouncing back, buoyed by better control of its productive assets and a culture reset, says Tullow Ghana MD Wissam Al-Monthiry.
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As the row over political rights in Ghana intensifies, Oliver Mawuse Barker-Vormawor, convenor of the #FixTheCountry movement, tells The Africa ... Report the government is shutting down free speech and stepping up surveillance of dissidents.
What started out as a political promise at the height of the pandemic could soon be launched as Ghana's largest health infrastructure project. ... The government has committed $1.76bn to the construction and refurbishment of 111 health facilities.