Tag: AfDB
World
Tensions escalate as police, demonstrators clash in Germany ahead of AfD conference
Police used pepper spray and batons on Saturday to halt a large group of protesters attempting to breach a cordon in Essen, western Germany,...
News
Ghana’s youth unemployment hit 7.16% in 2023 – AfDB
The African Development Bank (AfDB) has reported that Ghana's youth unemployment rate reached 7.16% in 2023, with the issue being particularly severe among those...
Business
Youth unemployment rate from age 15 to 24 stood at 7.16% in 2023 – AfDB
The African Development Bank (AfDB) indicates that Ghana's youth unemployment rate was 7.16% in 2023, with the issue being particularly severe among individuals aged.The...
Business
AfDB forecasts Ghana’s inflation at 20.9% for 2024, with reduction to 11.1% in 2025
Ghana’s inflation rate is projected to reach 20.9% by the end of 2024, according to the African Development Bank's updated 2024 African Economic Outlook.This...
Business
AfDB adjusts Ghana’s growth forecast to 3.4% for 2024, 4.3% for 2025
The African Development Bank has adjusted Ghana's growth rate projections to 3.4% for 2024 and 4.3% for 2025.This is an increase from the 2.8%...
Business
Ghana secures $103m grant from AfDB
Ghana and the African Development Bank (AfDB) have signed the Indicative Operations Programmes, outlining the projects to be implemented between 2024 and 2025.These...
News
Let’s invest a minimum of 30% of our reserves in multilateral institutions – Akufo-Addo to African leaders
President Akufo-Addo has suggested allocating 30 percent of Africa's sovereign reserves, currently held in foreign banks, to be invested in the continent's financial institutions....
Business
Ghana’s growth to hit 2.8% in 2024 – AfDB
The African Development Bank (AfDB) has projected a modest growth rate of 2.8% for Ghana in 2024, a slight improvement from the estimated 1.5%...
Business
Ghana’s inflation expected to stay above 44.7% until 2024
The African Development Bank's projection indicates that Ghana's inflation rate is anticipated to remain above 44.7 percent until the year 2024.The recently published West...
Business
Fitch rates AfDB with stable outlook
Fitch Ratings has maintained the African Development Bank (AfDB)'s Long-Term Issuer Default Rating (IDR) at the highest level of 'AAA', with a Stable Outlook.The...
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