67 h. ago Africa’s US$100 Billion Trade Finance Gap Strangles Commercial Growth

News Ghana, Latest Updates and Breaking News of Ghana, Roger A. Agana, https://www.newsghana.com.gh/africas-us100-billion-trade-finance-gap-strangles-commercial-growth/A chronic shortage of trade finance is constraining Africa’s commercial expansion, with banks rejecting $100 billion in legitimate trade requests annually and forcing businesses to abandon profitable deals across the continent. The finance gap affects 40% of trade transactions in Africa compared to just 7% globally, according to the African Development Bank. Small and medium […] News Ghana, Latest Updates and Breaking News of Ghana, Roger A. Agana, https://www.newsghana.com.gh/africas-us100-billion-trade-finance-gap-strangles-commercial-growth/

Economics

5 d. ago Financial inclusion vs. Business sustainability: Closing the gap in Ghana’s financial services

Across Africa, and Ghana in particular, financial inclusion has become a cornerstone of national development strategies.

Economics

8 d. ago Africa Must Overhaul Energy Financing to Bridge US$500bn Gap

News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/africa-must-overhaul-energy-financing-to-bridge-us500bn-gap/Africa needs radical changes to how it finances energy projects if it wants to achieve universal power access and meet climate goals, according to a leading resource governance expert. Suneeta Kaimal, who heads the Natural Resource Governance Institute, told energy leaders in Accra that current financing models are failing the continent. She warned that debt-heavy […] News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/africa-must-overhaul-energy-financing-to-bridge-us500bn-gap/

Economics

1 week ago The Diminishing Social and Natural Capital in Ghana as Financial Capital becomes the Main Focus

Ghana stands at a critical crossroads. While the nation has experienced periods of economic expansion, this growth has often been described as jobless, widening the gap between financial gains and human well-being. Unemployment has reached alarming levels, with the Ghana Statistical Service reporting an overall unemployment rate of nearly 15% and youth unemployment hovering around 30%. This silent pandemic has far-reaching consequences, manifesting in growing inequality, rising poverty, environmental degradation, and a trust deficit in key institutions.

Politics

2 w. ago WAIFEM Expands Communication Training for West African Officials

News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/waifem-expands-communication-training-for-west-african-officials/A regional financial institute is addressing a critical gap in economic governance across West Africa: the ability to communicate clearly. The West African Institute for Financial and Economic Management has expanded its flagship course on report writing and presentation skills due to surging demand from member states. The program, held in Accra, attracted over 90 […] News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/waifem-expands-communication-training-for-west-african-officials/

Politics

2 w. ago AfDB Courts Japanese Investors to Close Africa’s Financing Gap

News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/afdb-courts-japanese-investors-to-close-africas-financing-gap/The African Development Bank is heading to Japan with a clear mission: attract more investment. The continent’s premier financial institution will use the upcoming Tokyo International Conference on African Development to pitch new deals and deepen partnerships. This push comes as African nations grapple with a severe lack of funding for climate adaptation, infrastructure, and […] News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/afdb-courts-japanese-investors-to-close-africas-financing-gap/

Economics

3 w. ago Ghana’s Power Utility Faces US$2.2 Billion Gap, Cocoa Board Strains Finances

News Ghana, Latest Updates and Breaking News of Ghana, Roger A. Agana, https://www.newsghana.com.gh/ghanas-power-utility-faces-us2-2-billion-gap-cocoa-board-strains-finances/Ghana’s state-owned enterprises risk derailing national finances, the World Bank warns. Without urgent reform, the Electricity Company of Ghana (ECG) will face a $2.2 billion funding gap by late 2025. This shortfall could spiral to $9 billion by 2026. Robert Taliercio, World Bank Country Director for Ghana, Sierra Leone, and Liberia, sounded the alarm at […] News Ghana, Latest Updates and Breaking News of Ghana, Roger A. Agana, https://www.newsghana.com.gh/ghanas-power-utility-faces-us2-2-billion-gap-cocoa-board-strains-finances/

Economics