Kwesi Adu Amoako 
Ghana’s inflation rate for August 2023 has dipped to 40.1%, down from the 43.1% recorded in July of the same year. This significant decrease indicates that, compared to August 2022, the general price level was 40.1% higher. Let’s dive into the details. Food Inflation Shows Improvement Among the noteworthy changes, food inflation also exhibited a … Read more
In a strategic move to tap into the growing demand for lithium, Ghana’s Sovereign Wealth Fund, known as the Minerals Income Investment Fund (MIIF), has announced a substantial investment of nearly $33 million in a local lithium mining project. The investment not only includes a minority stake in the project developer, Atlantic Lithium, but also … Read more
In today’s digital age, the opportunities to make money from the comfort of your own home have expanded beyond traditional careers. The opportunities for creative individuals to turn their passion into a profitable venture have never been greater. Whether you have a penchant for capturing stunning images, illustrating imaginative worlds, composing soul-stirring music, or crafting … Read more
In a strategic move to navigate challenging economic conditions, Ghanaian startup mPharma has decided to downsize its workforce, resulting in the layoff of approximately 150 employees. This significant development reflects the company’s commitment to sustainability and its determination to continue serving its customers effectively. Here are the key details: Focusing on the Core: Mutti Pharmacy … Read more
In a remarkable stride towards extending connectivity to underserved regions, Vodafone and Project Kuiper, Amazon’s low Earth orbit satellite (LEO) communications initiative, have unveiled an exciting collaboration. This partnership envisions leveraging Project Kuiper’s satellite network prowess to expand 4G/5G services across Europe and Africa. Let’s dive into the details of this game-changing collaboration. Connecting the … Read more
In the month of August, we observed a concerted effort by certain financial stocks, such as Societe Generale, Standard Chartered, GCB Bank, and SIC, to counteract the prevailing negative returns that have cast a shadow over the equity sector this year. This collective endeavour resulted in a noteworthy reduction in losses for the GSE Financial … Read more
In the rapidly evolving landscape of work, one significant shift has been the rise of remote employment. While the notion of working from home may once have seemed elusive, it has become increasingly accessible, offering a myriad of opportunities for individuals to generate income without leaving the comfort of their own space. Freelancing: The Gateway … Read more
In recent years, Africa has witnessed a burgeoning entrepreneurial spirit, with a focus on innovative business ideas that not only drive economic growth but also address critical societal needs. One such area that is gaining significant traction is Education and Skill Development. In this article, we will explore four African business ideas within this niche, … Read more
Pension Funds Embrace Change In a remarkable achievement, Ghana’s government has successfully garnered a 95% participation rate in its recent debt exchange programs. The Finance Ministry’s announcement sheds light on the success of these initiatives and their impact on the country’s debt portfolio management and financial goals. Pension Funds’ Resounding Confidence The initial debt exchange … Read more
Africa is a continent of immense opportunities and untapped potential, and one sector that holds significant promise is healthcare services. As advancements in technology and globalization continue to reshape industries, African entrepreneurs are leveraging their creativity and ingenuity to develop transformative healthcare solutions. In this article, we will delve into some of the thriving business … Read more