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The Ghanaian government resisted going to the IMF for months until its economic crisis degenerated to the point of imminent catastrophe. But in early July 2022 it did, and has since then pursued the program with the enthusiasm and zeal …
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Ghana is again seeking assistance from the International Monetary Fund (IMF) to enable the country to meet its payments to the rest of the world and restore the health of government finances. It is the second time in the past …
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Last week, President of the World Bank Group (WBG), Jim Yong Kim, conceded his organisation has wrongly advised African governments over the years about the ideal pathway to industrialisation. He noted that emphasising hard infrastructures like road, rails and energy …
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There have been credible reports of talks between the Zambian government and China on handing over the country’s national electricity company, ZESCO to the Chinese due to the inability of Zambia to meet its loan repayment promises. This is expected …
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