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BBCNEWS BBC News June 4, 2024 15:47:00 - Vimarsana News

BBCNEWS BBC News June 4, 2024 15:47:00

Like gold and cocoa. so what's gone wrong? i got the view from bright simons — a ghanaian entrepreneur and business analyst. it all starts with how ghana became a rising star and that was sometime in 2006. it got one of the biggest debt relief packages ever, the second largest in africa. $4.5 billion of debt was wiped out, and that meant it could all of a sudden borrow from international capital markets. it also discovered oil in 2007. combining those revenues meant investment in large infrastructure projects which then transform the fortunes of the country, so that is how ghana became a ris...

Ghana's IMF Board approval: experts doubt approval timeline of May 17 - Vimarsana News

Ghana's IMF Board approval: experts doubt approval timeline of May 17

But the Director of Research at the Institute of Economic Affairs, Dr. John Kwakye, thinks others, saying, his checks with IMF Board Meeting Schedule indicate that Ghana is not on the agenda of the IMF Board for this week and even next week.

Africa faces a mounting debt crisis - Vimarsana News

Africa faces a mounting debt crisis

Rising rates are hurting some of its brightest economic stars | Middle East & Africa

Bright Simons: A new development bank in Ghana raises old issues - Vimarsana News

Bright Simons: A new development bank in Ghana raises old issues

The Parliament of Ghana is reviewing an on-lending agreement between the government of Ghana and a new Ghanaian state-owned development bank, DBG.

What Does Biden's Pick for Next World Bank President Augur for the Global War on Cash? - Vimarsana News

What Does Biden's Pick for Next World Bank President Augur for the Global War on Cash?

Ajay Banga, in his former senior executive roles at Mastercard, waged a decade-long "war on cash." Under his tenure, the company did more than just about any other to demonise the role of physical money around the world.