Although there is strength in diversity, members of ethnic groups in power distributing resources to members of their ethnic group at the expense of national growth entrench poverty in Africa.
Skilled immigrants need barriers like Canadian experience removed in order for them to successfully integrate into the Canadian economy.
As long as industrial policies in Nigeria are introduced only as a crisis response, import restrictions will continue to be their focus.
With a monthly minimum wage of 30,000 Naira (US$72), the average Nigerian worker is groaning under the weight of the rising cost of living.
In the face of rising food prices in Nigeria, many salary earners have had to change the quality of foodstuff they buy or opt for cheaper alternatives.
African countries’ decision to avoid condemning Russia for its invasion of Ukraine was not based only on issues directly connected to the conflict.
The price of fuel in Ghana has been pushed up by a depreciating currency and poor refining capacity.
Ukraine was becoming increasingly linked with the global economy. Russia’s invasion puts its progress at risk.
Nigeria has the largest number of people living in extreme poverty in Africa. Turning the tide requires inclusive growth, value added productivity and strong institutions.
Russia’s invasion of Ukraine and resulting sanctions are causing oil prices to spike, which is putting more pressure on inflation and increasing the risk of recession.
With Russia’s “great power status” tied closely to economic power, the country’s crumbling economy is putting Putin’s claims to legitimacy at risk.
The Ghanaian currency is facing structural hurdles.
Soaring inflation and a run on the banks signal that punishing sanctions resulting from the invasion of Ukraine are already inflicting economic pain.
An author of the report explains the damaging effects climate change is already having and why adaptation is essential.
Ghana’s economy is in its most precarious state in decades.
The introduction of these technologies in Ghana has created an enabling platform for consumers to use their mobile phones to pay for goods and services
While the uptick in the unemployment rate in January may seem like bad news, the reason it rose actually shows the labor market returning to normal.
Big mergers are hugely complex, and not always popular with shareholders.
The rising cost of groceries and gas is fueling the fastest increase in consumer prices in 40 years and widening the inflation gap between the rich and poor.
Large-scale job losses in the US due to trade with China will lead to enduring demographic and political aftershocks without the implementation of policies that promote widespread job growth.