The Information and communication technologies (ICT) sector in Africa has continued to grow, a trend that is likely to continue. Of late, mobile technologies and services have generated 1.7 million direct jobs (both formal and informal), contributed to $144 billion of economic value (8.5 percent of the GDP of sub-Saharan Africa), and contributed $15.6 billion to the public sector through ...
Read More »Asian Wheat To Face Headwinds Amid Uncertain Trade Flows
Argentina emerged as a competitor to Australia and Black Sea in the Asian wheat market in 2019 but that trend could be derailed in 2020 after the South American country’s new government raised grains export taxes, including on wheat, casting uncertainty over farmers’ planting plans and future production and exports. According to reports, with Australian production in doldrums due to persistent drought ...
Read More »Ghana Predicts Surplus Trade By End Of 2019
For the first time, Ghana recorded increase in exports compared to imports since 2017. This trend was maintained in 2018 as well. President Nana Addo Dankwa Akufo-Addo attributed this success to his administration that ensured economic recovery over the past three years. Ghana is the leading recipient of foreign direct investments in West Africa. The President asserted that the economy ...
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