Browsing: Ghana
The Jospong Group of Companies has revealed plans to secure a $400-million facility from the African Export-Import Bank (Afrexim Bank)…
In the report, Ghana placed 5th in Growth Structure with a score of 0.935 and 6th in Economic Stability and Investment Climate with a score of 0.27.
According to Standard Bank, the decline in the trade ranking of Ghana “is mainly due to a worsening macroeconomic environment and falling trade confidence.”
Ethiopia, Ghana, and Nigeria are among the worst-performing in Africa this year, with their currencies continuing to weaken under mounting pressure for foreign exchange,” the report stated.
by: Isaac Kofi Agyei Ghana’s cocoa export revenue has taken a devastating hit, plummeting by nearly $700 million in the…