Author: John Odike

FDI inflows to Ghana fell by 39% in 2022 – Report

Foreign Direct Investment inflows to Ghana fell by 39% in 2022 to $1.472 billion, as greenfield projects remained flat while international project finance and Mergers and Acquisitions deals declines, transaction advisory firm, Bridgewater, has revealed. This is due to the economic slowdown and challenging business environment. The first half of 2023 recorded 72 projects with

Africa’s powerhouses: 10 largest economies on the continent in 2023

Africa will be at a crossroads of economic transformation in 2023, with the continent’s ten major economies serving as significant drivers. These economic powerhouses are molding the story of a dynamic and diverse continent, each with its own set of strengths and difficulties. African economies face challenges such as poverty, inequality, corruption, and conflict, but

AFCON: Nigeria, SA and Morocco possibly in same group – SAPeople

Nigeria, South Africa and Morocco could be placed in the same group when the Africa Cup of Nations (AFCON) draw is made in the Ivory Coast on Thursday. The six top seeds include Morocco, who created history at the 2022 World Cup in Qatar by becoming the first semi-finalists from Africa. Nigeria are among the second seeds

Mauritius Telecom considers ventures in new markets

Keep up-to-date with all the latest news, articles, event and product updates posted on Developing Telecoms. Subscribe to our FREE weekly email newsletters for the latest telecom info in developing and emerging markets globally. Sending occasional e-mail from 3rd parties about industry white papers, online and live events relevant to subscribers helps us fund this

Are digital currencies the answer to Africa’s banking problem?

With more than half of Africans without a bank account, alternative banking methods need to be found&hell… With more than half of Africans without a bank account, alternative banking methods need to be found…and fast. With approximately 95 million Africans, or 57% of the population, currently without a traditional bank account, financial commentators are positing

Could Ngannou, Fury meet in MMA fight? We ask PFL CEO

Professional Fighters League’s (PFL) CEO Peter Murray doesn’t rule out the possibility that the mixed martial arts (MMA) organisation’s Cameroonian star Francis Ngannou could square off with British boxer Tyson Fury in the cage, following both men’s anticipated boxing match on 28 October in Riyadh, Saudi Arabia. There’s more to this story Get unlimited access

Cargo: Lagos airport ranks 5th with 204,649 tonnes in 2022

The desire to make Nigeria rise in rating in aviacargo business is truly on course as a team of experts in cargo has visited Ghana to understudy the country’s cargo export with a view to boosting the country’s revenue through cargo. Nigeria is currently ranked number five in Africa behind aviacargo Leaders Kenya, Egypt South

Google Announces 11 African Startups For Inaugural Africa AI First Accelerator Program

Google today unveiled the first cohort for its ‘Google for Startups Accelerator: AI First’ program. The 11 startups, picked from a vast pool of innovative talent, are using cutting-edge Artificial Intelligence to address both Africa’s challenges and broader global issues. The transformative power of AI in Africa is highlighted by a McKinsey report which suggests

AFCON: Nigeria, South Africa could face Morocco in possible group of death

Nigeria, South Africa and Morocco could be placed in the same group when the Africa Cup of Nations (AFCON) draw is made in the Ivory Coast on Thursday. The six top seeds include Morocco, who created history at the 2022 World Cup in Qatar by becoming the first semi-finalists from Africa. EURO 2024 qualifiers: Koeman