Deputy Minister of Trade and Industry, Herbert Krapa, has announced that Ghana, together with seven other countries are set to commence trading under the African Continental Free Trade Area (AfCFTA). So far, 54 African countries have signed the AfCFTA agreement with 46 including Customs Union having submitted their tariff offers. …
Read More »The top 10 African countries with the largest gold holdings
Africa is the third largest gold producer in the world with mining operations in at least 21 countries. The mining sector is one of the major sources of employment in many African nations. Out of these 21 countries, 10 have the largest gold reserves, according to data firm Statista. Algeria …
Read More »WATCH: Nigeria ranks no 1 in the list of countries with cheating wives
Nigeria has been ranked the number one country with the most unfaithful wives. It was reported that 62 percent of married women in Nigerian cheat on their husbands. This was said in a video shared on Tik Tok by a content creator with the user name ‘The Knowledge Bros’. In …
Read More »Ghana gets legal backing to trade in Cedi among African countries – BoG Governor
The governor of the central bank, Dr.Ernest Addison, has said that legal frameworks have been firmed up to commit Ghana into trading in local currencies among countries in the African continent. He said the central bank has embarked on reforms which will enhance financial transaction with Ghana and it’s neihghbouring …
Read More »Ghana is 1st among top 11 African countries with highest interest rates – Report
Ghana currently has the interest rates among top 11 African countries according to DataBank’s Weekly Fixed Income Update. The 91-day and 182-day treasury bills with interest rates of 18.23% and 19.26% rates respectively are the highest on the continent. Despite the high-interest rates, the Treasury bill rates in the country …
Read More »Rihanna to launch her beauty product line in Ghana, seven other African countries
Barbadian music star and fashion icon, Rihanna, has announced the arrival of her body care range of products on the African continent. The artiste cum businesswoman posted on Twitter (May 10) that the Fenty Beauty and Fenty Skin range of products will be dropping in Africa on May 27th. Ghana …
Read More »Here are top 10 African countries with fastest internet connectivity – Report
The global leader in fixed broadband and mobile network testing applications, Speedtest, has released the ranking of mobile and fixed broadband speeds from around the world. On the fixed broadband speeds, Speedtest Global Index has ranked Ghana number one in Africa and 79th globally, with a speed of 53.28 Megabit …
Read More »Trucks from neighbouring countries must pay road toll — Wassa East MP
The Deputy Ranking Member for the Parliamentary Select Committee on Roads and Transport has suggested that road tolls can be free for Ghanaian drivers but not trucks from neighbouring countries that use the country’s roads. Mr. Isaac Adjei Mensah who is also the Member of Parliament for Wassa East Constituency …
Read More »2022 World Cup: Here are the five African teams heading to Qatar
The African line up for the 2022 Qatar FIFA World Cup has been concluded with the return leg matches of the play-off round completed in sensational and exciting fashion on Tuesday. African champions Senegal headline the five African countries to proceed to the World Cup alongside Morocco, Ghana, Tunisia and …
Read More »20 African countries with the highest debt-to-GDP ratio
Like other professions, Economists use many abbreviations. One of the most common is GDP, which represents Gross Domestic Product. According to the International Monetary Fund, the term has become widely used as a reference point for the health of national and global economies. The Gross Domestic Product (GDP) comprehensively measures …
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