What do we know about poverty, income and growth in sub-Saharan Africa? The answer is: much less than we like to think. The data is unreliable and potentially seriously misleading. The question is of great importance. Economic growth rates or per-capita income estimates are commonly used in statements about development in Africa. If income and [...]
Cardinal Peter Turkson is Africa’s Best Hope For Pope
March 10, 2013 | Posted by
Often cast as the social conscience of the church, Ghana’s Cardinal Peter Turkson is viewed by many as the top African contender for pope. The 64-year-old head of the Vatican’s peace and justice office was widely credited with helping to avert violence following contested Ghanaian elections. He has aggressively fought African poverty, while disappointing many [...]
Ghana To Launch Technology Hub ‘Hope City’
March 5, 2013 | Posted by
John Mahama, the president of Ghana, launched a project called Hope City, the first information and communications technology (ICT) hub in the region near Accra, the country’s capital. In the next three years, this futuristic urban tech mecca will be housed in Africa’s tallest building at 270 meters high. Today, Grammy Award-winning artist Chris Brown [...]
Study: Women Creating Businesses at Faster Rate Than Men in 3 Nations
February 18, 2013 | Posted by
For the first time in 13 years, the Global Entrepreneurship Monitor (GEM) study of 59 economies shows that women are creating businesses at a greater rate than men in three economies, and in four others, the rates are nearly equal. In Ghana, Nigeria and Thailand, the rate of nascent women is higher than men, and in Brazil, Ecuador, Uganda and Switzerland, the start-up [...]
Ghana Taking Stage as an Investment Growth Paradise
February 17, 2013 | Posted by
The Economist once labelled Africa “The Hopeless Continent.” In a U-turn it then granted Africa the label “Hopeful Continent.” Ghana is now the fastest-growing economy on the “Hopeful Continent.” More and more, the prospects for African countries are beginning to stir exciting opportunities for investors and capitalization prospects. Significantly, the USAID has identified Ghana’s openness [...]
ABS Honors Kwame Nkrumah: Leader in Fight for African Independence
February 6, 2013 | Posted by
Carrying the full weight of the hopes and aspirations of the continent of Africa was a huge burden that Kwame Nkrumah carried nobly. Nkrumah led Ghana’s liberation from British colonial rule, the first sub-Saharan African nation to gain independence from European colonial overseers. Hailed as Osagyefo, “redeemer,” Nkrumah led the nation first as prime minister [...]
Africa’s Middle Class Rises, But Some Left Behind
February 3, 2013 | Posted by
In Ghana, the middle class is growing fast. It’s a trend typical across the whole continent. But, there are rising concerns about the impact of the development and whether certain parts of society are being left behind. There’s no doubt that “Citizen Kofi” is the place to be seen in Accra. The colorful five-story building, [...]
Grace Amey-Obeng: Entreprenuer Highlights Black Beauty, Fights Skin-Bleaching
January 25, 2013 | Posted by
Ghana’s Grace Amey-Obeng, one of West Africa’s most successful businesswomen, made her fortune promoting products which emphasised the beauty of black skin, at a time when many of her competitors were selling dangerous skin-bleaching formulas. The business empire she started a quarter of a century ago with around $100 (£63) now has an annual turnover [...]
Africans Helping Africans: Former Nigerian President Honored
January 19, 2013 | Posted by
Former Ghanaian President and frontline African leader John Kuffo and other prominent Nigerians yesterday lauded the leadership qualities of former Nigerian President Olusegun Obasanjo, describing him as “a gift to Africa’’. They spoke in Abeokuta, Ogun State capital, on Friday at a reception organized in honor of the former president by the South-West zone of [...]
Ghanaian Entrepreneur, Anne Amuzu, Talks Startup Scene
January 11, 2013 | Posted by
Anne Amuzu is the co-founder and lead product developer of Nandimobile Ltd., a young and vibrant technology startup based in Ghana. The company was founded in July 2010 by Amuzu and two other graduates of the Meltwater Entrepreneurial School of Technology, which was established to train and mentor young entrepreneurs in Africa. Nandimobile’s objective is to leverage [...]
