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Stringent measures needed to deal with illicit financial transactions in Africa – Akufo-Addo

May 25, 2022 Foreign illicit financial transactions and tax evasion by multinational companies are draining Africa’s domestic resources and depriving it of crucial investment funds. This is according...

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May 25, 2022 / Comments (0)

AfCFTA game changer for Africa’s transformation — Dr Bawumia

September 22, 2021 The First Coordination Meeting of the Heads of Regional Economic Communities (RECs) on the implementation of the African Continental Free Trade Area (AfCFTA) opened in Accra yesterday to...

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September 22, 2021 / Comments (0)

US$874m of inbound Investments recorded in first half of 2021

September 1, 2021 Ghana recorded US$874.01million worth of investments from 122 projects in the first half of 2021 despite the COVID-19 pandemic – an indication of the country’s attractiveness as an...

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September 1, 2021 / Comments (0)

Ghana records $2.6 billion in FDI for 2020 despite impact of COVID-19

March 15, 2021 The value of Foreign Direct Investments (FDI) inflows into the country increased to 2.6 million dollars in 2020 from the 1.1 million dollars recorded in 2019. This represents an increase of...

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March 15, 2021 / Comments (0)

Trade bounces back marginally in 3rd qtr of 2020 but remains negative except for China-UNCTAD

October 27, 2020 UNCTAD forecasts a 7% to 9% year-on-year drop in the value of global trade for 2020, despite signs of a rebound in the third quarter. In its quarterly Global Trade Update, the UN trade...

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October 27, 2020 / Comments (0)

Illicit money flows from Africa near US$89 billion – UN study

September 29, 2020 Africa has lost nearly $89bn a year in illicit financial flows such as tax evasion and theft, amounting to more than it receives in development aid, a United Nations study has showed. The...

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September 29, 2020 / Comments (0)

AfCFTA plan to ride out crippling coronavirus crisis

July 10, 2020 Africa has a more robust tool in the African Continental Free Trade Area (AfCFTA) to use in accelerating regional and economic integration and prepare for uncertain times like the COVID-19...

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July 10, 2020 / Comments (0)

Global e-commerce hits US$25.6 trillion – Latest UNCTAD estimates

April 29, 2020 E-commerce sales hit $25.6 trillion globally in 2018, up 8% from 2017, according to the latest available estimates released today by the UN’s trade and development body, UNCTAD, at the...

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April 29, 2020 / Comments (0)

African countries asked to remove barriers to facilitate trade

July 4, 2019 The United Nations Conference on Trade and Development (UNCTAD) has asked African countries to remove trade barriers from the continent, in fulfilment of the African Continental Free Trade...

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July 4, 2019 / Comments (0)

UNCTAD projects 3.8% growth for maritime industry

December 11, 2018 The United Nations Conference on Trade and Development (UNCTAD), is projecting a bright prospect for the world’s maritime industry as it has predicted that the global seaborne trade...

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December 11, 2018 / Comments (0)