Aid groups urge debt cancellation to ease Ghana’s economic woes | Business and Economy News
In December, Ghana’s Ministry of Finance said interest payments have risen to 70 to 100 percent of government revenue. More
Read moreIn December, Ghana’s Ministry of Finance said interest payments have risen to 70 to 100 percent of government revenue. More
Read moreInflation is hovering at a record 50.3 percent in Ghana, once described as Africa’s shining star by the World Bank. Ghana’s
Read moreAccra, Ghana – Doris Oduro sits at her small, almost-empty store in Odorkor, a suburb of Ghana’s capital, Accra. The
Read moreLagos, Nigeria – This year has been a generally turbulent one for West Africa – with a few bright spots.
Read moreGhana’s president alleged that Burkina Faso had hired Russia’s Wagner mercenaries to help fight armed groups. Burkina Faso’s mines minister
Read moreFinance ministry says Accra will not service debts including its eurobonds, commercial loans and most bilateral loans. Ghana has suspended
Read morePresident Nana Akufo-Addo alleged during the US-Africa Leaders Summit that Burkina Faso has hired Russian mercenaries. Burkina Faso has summoned
Read moreConsumer inflation rise comes as the gold, oil and cocoa producer battles its worst economic crisis in a generation. Ghana’s
Read moreFrom: Africa Direct Artist Ibrahim Mahama explores historical memories through everyday objects and giant exhibitions in Ghana. From textiles and
Read moreIMF board approval of the proposed three-year loan is expected early next year, the finance minister said. The International Monetary
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