Tag Archives: Bloomberg

    Media, business, government, technology, and community leaders from across Africa and internationally have gathered today in Cape Town, South Africa for this year’s annual Africa Business Media Innovators (ABMI) forum. The convening brings together a cross section of leaders to explore innovative approaches to fostering a vibrant media …

Cocaine is set to become Colombia’s main export, overtaking oil, according to Bloomberg Economics. The Colombian government is taking a more lenient policy regarding drugs, thus production of the drug is expanding. According to Bloomberg Economics, 2022 exports were worth an estimated $18.2 billion. Oil exports posted a drop of …

Ghana’s local currency is still been classified among African currencies with the ‘Worst Spot Returns’, according to a Bloomberg report. On the World Currency Ranker, the cedi’s performance placed 17th, depreciating by -11.21 percent while the Zambian Kwacha was ranked first among the ‘Best Spot Returns’ for African currencies. The …

The Ministry of Finance has noted recent wins by the national currency, the Ghana cedi, according to a Bloomberg report of December 9. The official handle of the Ministry shared a photo from the Bloomberg article showing the gains made by the cedi. The graphic showed that the Ghana cedi …

The Ghana Cedi has been ranked as the second worst-performing currency in the world after Sri Lanka’s Rupee, a Bloomberg report has said. The international news portal said the Cedi lost its value by 40.05 percent to the United States dollar in the first nine months of 2022 – making …