Report: Ghana’s cedi now world’s worst-performing currency against US dollar

The Ghanaian cedi has become the worst performing currency in the world after it lost 45.1 percent of its value to the US dollar this year. According to Bloomberg, the currency of the world’s second-biggest cocoa producer depreciated 3.3 percent on Monday to 11.2750 per dollar. The media company said the cedi’s poor performance against

President Akufo-Addo Commissions 330kv Kumasi-Bolgatanga Power Transmission Project

Download logo The President of the Republic, Nana Addo Dankwa Akufo-Addo, on Sunday, 16th October 2022, commissioned the 330 kilovolt Kumasi to Bolgatanga Transmission Line Project, at the commencement of his four-day tour of the Ashanti Region. The project, which is an integral part of the West Africa Power Pool Project, seeks to reinforce the

Gitex arrives in Africa, first stop Morocco | Atalayar

Dubai-based Gitex Global will debut the African version of its event in 2023. After 40 years since its birth, the organisation has decided to broaden its horizons. Marrakech has been chosen to host this new event from 31 May to 2 June 2023. With more than 5,000 exhibitors from 170 different countries, 800 start-ups, around

African Entrepreneurs Can Apply For SESA 2022 (EUR 70K)

Local Entrepreneurs in Ghana, Morocco, South Africa and Malawi are Invited to Apply for the SESA Expressions of Interest . Small and Medium-sized Enterprises from Ghana, Morocco, South Africa, and Malawi with a commitment to sustainable energy solutions are invited to apply for the first SESA Call for Entrepreneurs, which is being organized by Siemens Stiftung

Top 10 African Countries With the Most Developed Financial Market

First Bank of Nigeria Limited has partnered with Junior Achievement Nigeria to implement the 22nd National Company of the Year (NCOY) competition which will be held on Thursday, 13th October 2022.   The annual flagship event which was last held physically in 2019 will bring together 12 winning student companies from the Regional Company of

World University Rankings 2023: These Are the Best Universities in Africa

The Times Higher Education (THE) has released its World University Rankings for the year 2023. According to the British magazine, which specialises in higher education worldwide, the ranking includes 1,799 universities across 104 countries and regions. Checks by Legit.ng indicate that no university in Africa makes it to the top 100. Students at the University

Nigeria becomes the lasted African nation to join YouthConnekt Africa

Highlighting importance of ‘3Ps’ for youth empowerment: Policies, Programmes and Partnerships Africa’s young generation of innovators, champions and leaders are currently convening in Kigali, Rwanda for the YouthConnekt Africa Summit.   The latest positive news to come out of the youth summit is that Nigeria is set to join YouthConnekt Africa.   YouthConnekt Africa is

African countries with the most developed financial markets in 2022

The index assesses countries according to six pillars: market depth; access to foreign exchange; market transparency, tax and regulatory environment; capacity of local investors; macroeconomic opportunity; and enforceability of financial contracts. Even as challenging market conditions weighed on performance in the index, 19 of the 26 countries improved their scores relative to last year, according