Browsing: Ghana
Africa is ending 2024 on an economic upswing as many economies and key sectors continue to rally, the Economist Intelligence…
Ghana’s inflation rate for November 2024 has risen to 23%. This marks the third consecutive monthly increase after a five-month…
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…