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Ghana’s growth in digital bank account ranked 4th in Sub-Saharan Africa

Ghana has been ranked 4th in Sub-Saharan Africa for the largest growth in digital bank account ownership, according to a report by Fitch Solutions....
News

Ghana has the most bank-held govt debt in Sub-Saharan Africa in 2023 – Report

Ghana had the highest banks’ holdings of government debt in Sub-Saharan Africa in 2023, according to Fitch Solutions. Regarding government debt to Gross Domestic Product...
News

Ghanaian workers ranked 4th most stressful employees in Sub-Saharan Africa

Ghana has emerged as the fourth most stress-inducing work environment in Sub-Saharan Africa, as highlighted by the 2023 Gallup's State of the Global Workplace...
Business

Economic outlook for Sub-Saharan Africa positive – IMF

The International Monetary Fund (IMF) has highlighted a positive trajectory in the economic outlook for sub-Saharan Africa after a tumultuous four years.The IMF's Regional...
Business

Global 5G coverage expected to reach 85% by 2029, led by Africa – Ericsson report

The number of mobile subscriptions in Sub-Saharan Africa is projected to surpass 1.1 billion by the end of 2029, with 5G subscriptions experiencing the...
Business

BoG tells IMF to adapt lending toolkits to address global financial architecture for Sub-Saharan Africa

Governor of the Bank of Ghana, Dr. Ernest Addison, has proposed several actions to the International Monetary Fund (IMF) in response to the disintegrated...
World

Six people including mother and baby killed as migrant boats off coast of Italy sank

Six people perished after three migrant ships capsized in the Mediterranean Sea, including a mother and baby. A ship capsized on Sunday off the Kerkennah...
Independent Africa

IMF appeals for assistance in managing serious financial deficit in Sub-Saharan Africa

The IMF predicted in a press briefing on April 13, 2023 that growth in sub-Saharan Africa will drop to 3.6 percent in 2023 due...
Business

World Bank revises Ghana’s 2023 growth rate to 1.6%

According to the World Bank's April 2023 Africa Pulse Report, Ghana's growth rate has been reduced to less than 2.0% in 2023, ranking it...
Business

World Bank bemoans slow rate of Africa’s growth

Growth across Sub-Saharan Africa remains sluggish, dragged down by uncertainty in the global economy, the underperformance of the continent’s largest economies, high inflation, and...
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