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    ‘Seeking IMF bailout doesn’t mean e-levy has failed’ – Oppong Nkrumah

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    IMF team arrives in Ghana on Tuesday ahead of Wednesday’s bailout talks

    Golden Tulip Hotels not sold; leased for 12 years – Management

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    We did no wrong in sale of 260 metric tonnes of slop oil – TOR

    President and Board Chairman of Afreximbank, Prof Benedict Oramah

    Plans are underway to complete fertilizer, railway projects in Ghana – Afreximbank

    Free SHS and other programs must be redesigned now – Seth Terkper

    KGL Group hosts Nigeria Lottery Regulatory Commission CEO Mr. Lanre Gbajabiamila

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    Golden Tulip Hotels not sold; leased for 12 years – Management

    Tullow Ghana awards KNK contract to Petrofac as part of transformation project

    We did no wrong in sale of 260 metric tonnes of slop oil – TOR

    Increase investments in digitisation platforms to ensure safe trade transactions under AfCFTA – BoG

    Fuel prices to go up as NPA announces restoration of UPPF margin

    [From the left] Thomas Abanga (CEO of Abanga Farms & Food Systems), Selma Ashipala Musavyi (Namibia High Commissioner to Ghana), Dr. Benjamin Sasu (Head of Food Safety), Mrs. Chariti Gbadawo (Director at the Ministry of Foreign Affairs & Regional Integration) ), Prof Bani (Board Chairman, Abanga Farms and Food Systems) and Clarence Zamuee (MEATCO Rep)

    Ghana’s Abanga Farms & Food Systems and Namibia’s Meatco in big partnership

    Gov’t still plans on tabling a legislation to compel banks to lend to the Agric sector – Agric Minister

    Financial transactions will be allowed even without Ghana card from 1st July – GAB assures

    Enterprise Group PLC records 37% rise in revenue in 2021

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    Financial transactions will be allowed even without Ghana card from 1st July – GAB assures

    Losses due to fraud in banking sector in 2021 up by 144%; hits GH¢61m – BoG report

    BoG, CSA deepen collaboration to fight cyber threats

    Dr. Bawumia unveils Ghana’s first Tier IV data centre

    ADB pioneers in global remittance services in Ghana [ARTICLE]

    Introduction of GhanaPay complements efforts to capture the unbanked into digital payments ecosystem – Veep

    #CitiBusinessFestival: How the country can take advantage of the “Ghana Opportunity”

    Chamber of Telecommunications calls for more investment into Technology to improve livelihoods

    Citi Business Festival: Address lack of financial data challenges using MoMo – Rufai Abdul Majeed

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    Ivory Coast is set to receive $26.1 billion worth of development finance from 4 lenders, the EU and France

    Gulf central banks, Bank of England raise policy rates after Fed hike

    US Fed meets inflation surge with 75bp hike

    As Nigeria’s inflation rate accelerates to 17.71%, the World Bank warns millions could face extreme poverty

    Modern airline tickets design with flight time and passenger name. Plane tickets vector pictogram. Airline boarding pass template. Vector illustration. The concept of air transportation

    Ticket prices to rise following B.A schedule change on Accra-London-Accra route

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    ‘Seeking IMF bailout doesn’t mean e-levy has failed’ – Oppong Nkrumah

    ‘Our IMF negotiations will be in best interest of Ghanaians’ – Oppong Nkrumah

    IMF team arrives in Ghana on Tuesday ahead of Wednesday’s bailout talks

    Golden Tulip Hotels not sold; leased for 12 years – Management

    Tullow Ghana awards KNK contract to Petrofac as part of transformation project

    We did no wrong in sale of 260 metric tonnes of slop oil – TOR

    President and Board Chairman of Afreximbank, Prof Benedict Oramah

    Plans are underway to complete fertilizer, railway projects in Ghana – Afreximbank

    Free SHS and other programs must be redesigned now – Seth Terkper

    KGL Group hosts Nigeria Lottery Regulatory Commission CEO Mr. Lanre Gbajabiamila

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    Golden Tulip Hotels not sold; leased for 12 years – Management

    Tullow Ghana awards KNK contract to Petrofac as part of transformation project

    We did no wrong in sale of 260 metric tonnes of slop oil – TOR

    Increase investments in digitisation platforms to ensure safe trade transactions under AfCFTA – BoG

    Fuel prices to go up as NPA announces restoration of UPPF margin

    [From the left] Thomas Abanga (CEO of Abanga Farms & Food Systems), Selma Ashipala Musavyi (Namibia High Commissioner to Ghana), Dr. Benjamin Sasu (Head of Food Safety), Mrs. Chariti Gbadawo (Director at the Ministry of Foreign Affairs & Regional Integration) ), Prof Bani (Board Chairman, Abanga Farms and Food Systems) and Clarence Zamuee (MEATCO Rep)

    Ghana’s Abanga Farms & Food Systems and Namibia’s Meatco in big partnership

    Gov’t still plans on tabling a legislation to compel banks to lend to the Agric sector – Agric Minister

    Financial transactions will be allowed even without Ghana card from 1st July – GAB assures

    Enterprise Group PLC records 37% rise in revenue in 2021

  • TECHNOLOGY

    Financial transactions will be allowed even without Ghana card from 1st July – GAB assures

    Losses due to fraud in banking sector in 2021 up by 144%; hits GH¢61m – BoG report

    BoG, CSA deepen collaboration to fight cyber threats

    Dr. Bawumia unveils Ghana’s first Tier IV data centre

    ADB pioneers in global remittance services in Ghana [ARTICLE]

    Introduction of GhanaPay complements efforts to capture the unbanked into digital payments ecosystem – Veep

    #CitiBusinessFestival: How the country can take advantage of the “Ghana Opportunity”

    Chamber of Telecommunications calls for more investment into Technology to improve livelihoods

    Citi Business Festival: Address lack of financial data challenges using MoMo – Rufai Abdul Majeed

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    Africa’s internet economy to cross $180 billion by 2025: Report

    Regional economic cooperation needed to enhance Africa’s competitiveness – Bawumia

    Ivory Coast is set to receive $26.1 billion worth of development finance from 4 lenders, the EU and France

    Gulf central banks, Bank of England raise policy rates after Fed hike

    US Fed meets inflation surge with 75bp hike

    As Nigeria’s inflation rate accelerates to 17.71%, the World Bank warns millions could face extreme poverty

    Modern airline tickets design with flight time and passenger name. Plane tickets vector pictogram. Airline boarding pass template. Vector illustration. The concept of air transportation

    Ticket prices to rise following B.A schedule change on Accra-London-Accra route

    Bawumia calls for more AfDB support as African economies battle global challenges

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

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Malawi: Severe Drought Elevates Food Crisis to ‘Highest Level’

bycitibusinessnews
July 21, 2016
in Africa, Southern Africa
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El Nino-related drought has led to food shortages in much of southern Africa. WFP Executive Director Ertharin Cousin told DW that more assistance is needed to feed those in need.

The United Nations World Food Programme (WFP) has launched a relief program to feed families affected by the severe drought in Malawi. Over 18 million people are said to be in need of food aid in Southern Africa.

DW spoke to the executive director of the World Food Programme, Ertharin Cousin while she was in Malawi. She said that the agency is appealing for $204 million (185 million euros) to immediately purchase food and distribute it to the people in the region.

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Malawi is one of the countries that has been affected by drought this year, can you briefly tell us about your visit to Malawi.

My visit started Tuesday (19.07.2016) morning in Zomba District in the south where I met with a number of small-scale farmers and WFP beneficiaries. I was joined on this visit by the US Second Lady Dr Jill Biden and together we visited a school in Zomba District which is receiving WFP school meals. During the drought season they are the only nutritious meals the children receive.

Today (Wednesday 20.07.2016) I will visit with farmers’ organizations on the outskirts of Lilongwe trying to get the full understanding of the impact of this second year of drought.

Over six milion people are in need of food aid in Malawi, how are you working with government to assist the people?

WFP assessments have identified 6.5 million people in need and we will support approximately 4.5 million of them between now and March 2017.

How have you responded to the appeal of food aid by a number of countries affected by hunger so far now that the Southern African Development Community (SADC) will be declaring this region area a disaster.

Because this is primarily a food crisis , what we have done in WPF is that we have declared what we call a “level three,” which is our highest level of emergency, requiring not just the countries in the regional offices to support the needs of the affected population but also bringing all of our cooperate tools to bare in assisting us.

We are working with the government, other UN partners, particularly with the Food and Agricultural Organization (FAO). The El Nino is now over and we are going to start and see the effects of La Nina and what we want to do is try to capture the opportunity for the next harvest while we meet the emergency needs of the affected population.

With over 40 million people affected in southern Africa, what has been your observation, are governments responding to the needs of people together with the donor community?

The governments have stepped up and at least six of these countries have declared disasters in their countries. They have not only declared disasters but developed country-wide plans to address the drought-affected populations.

We have Malawi taking a loan from the IMF to work with WFP to support the purchase of stocks for their reserves. So the governments are beginning to do the things that are necessary to scale up, to meet what we identify as increasing food need. But what is necessary is international donor community support, because while these governments are committing their own resources in an unprecedented manner they also need financial assistance from the international community.

They just don’t have the financial resources within their own coffers to support the scale of response that would be required to address the challenges of food insecurity that we are anticipating over the coming months.

–

Credit: All Africa

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