Month: December 2023

December 15 marks the exciting launch of enrollment for AfricaLive!, a ground-breaking 7-week online course meticulously designed to empower aspiring entrepreneurs with the essential skills and insights for success in the rapidly evolving African business landscape. This highly anticipated program is the product of an extraordinary collaboration, bringing together the academic expertise of Harvard Business School Professors Caroline Elkins, Tarun Khanna, and Karim Lakhani with the leadership acumen of the […]

Vice President Mahamudu Bawumia has hailed the innovative strides being made by players and stakeholders in the Ghanaian digital ecosystem, especially in the area of FinTech, saying the technological feats chalked so far vindicate Government’s decision to lay a solid foundation for the digital transformation of the Ghanaian economy for inclusive development. Speaking at the award ceremony for the first eCedi Hackathon competition hosted by the Bank of Ghana in […]

The South Sudanese authorities are facing multiple challenges including significant spillovers from the conflict in neighboring Sudan, protracted flooding, declining humanitarian assistance, the incorporation of newly constituted security forces into the payroll, and the need to finance elections planned for 2024; Macroeconomic policies have remained broadly oriented towards stability. In particular, the authorities have refrained from monetary financing since August 2022, and as a result the exchange rate has shown […]

The arts and entertainment industry represents one of the leading economic sectors worldwide. With a strong influence on both culture and economy, the industry is composed of a diverse slate of creatives that power not only the products of the sector, but also the experience of life itself. Within this success, much of the development of modern-day art and entertainment can be attributed to the influence, contributions and innovation of […]

Remittances to low- and middle-income countries (LMICs) grew an estimated 3.8% in 2023, a moderation from the high gains of the previous two years. Of concern is the risk of decline in real income for migrants in 2024 in the face of global inflation and low growth prospects, according to the World Bank’s latest Migration and Development Brief released today. In 2023, remittance flows to LMICs are estimated to have reached $669 […]

First edition of FIFA’s (www.FIFA.com) new prime club competition to be played from 15 June to 13 July 2025 in the United States; Ranking methodology confirmed based on sporting criteria; FIFA Intercontinental Cup to be played annually from 2024. The FIFA Council met ahead of the FIFA Club World Cup 2023™ semi-finals in Jeddah, Saudi Arabia, and took key decisions in relation to the first 32-team FIFA Club World Cup™, which will be played […]

Shri Dammu Ravi, Secretary (Economic Relations) in the Ministry of External Affairs, paid an official visit to Antananarivo, Madagascar from 15-17 December 2023. On 15 December 2023, Secretary (ER) was welcomed at Antananarivo Airport by Secretary General of Ministry of Foreign Affairs of Madagascar H.E. Mr. Tahirimiakadaza Ratsimandao. Later in the evening, Secretary (ER) interacted with prominent Malagasy business leaders and discussed ways to further enhance trade-economic cooperation between India […]