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    Business gradually booming for traders at University of Ghana as schools reopen [Video]

    Government must appoint only qualified persons to energy sector boards – COPEC

    Inflation for December 2020 rises to 10.4%; still within revised target

    GIPC begins probe into activities of Chy Century Heng Yue Group

    SEC refers CHY Century Heng Yue Group Limited to EOCO

    Businesses must abide by regulations to prevent fire outbreaks – Bureau of Public Safety

    The riser platform stands on the Johan Sverdrup oil field off the coast of Norway in the North Sea, on Tuesday, Dec. 3, 2019. Sverdrup's earlier-than-expected start in October broke a long trend of underperformance for Norway's overall oil production.

    AfCFTA and Dangote’s refinery will make fuel cheaper – Energy Consultant

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    Ghana can benefit from ‎AfCFTA with hemp production – Business consultant 

    GUTA welcomes Nigeria’s decision to reopen its land borders

    C40 Regional Director for Africa, Mr Hastings Chikoko

    Accra and world’s major cities on track to keep global heating to 1.5°C – Report

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    Devise measures to stop fuel price increment  – COPEC to government

    Business gradually booming for traders at University of Ghana as schools reopen [Video]

    Government must appoint only qualified persons to energy sector boards – COPEC

    Stakeholders in real estate sector confident of a boost in 2021

    Inflation for December 2020 rises to 10.4%; still within revised target

    GIPC begins probe into activities of Chy Century Heng Yue Group

    SEC refers CHY Century Heng Yue Group Limited to EOCO

    Don’t purchase unapproved COVID-19 vaccine – FDA cautions public

    Businesses must abide by regulations to prevent fire outbreaks – Bureau of Public Safety

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    Business gradually booming for traders at University of Ghana as schools reopen [Video]

    Government must appoint only qualified persons to energy sector boards – COPEC

    Inflation for December 2020 rises to 10.4%; still within revised target

    GIPC begins probe into activities of Chy Century Heng Yue Group

    SEC refers CHY Century Heng Yue Group Limited to EOCO

    Businesses must abide by regulations to prevent fire outbreaks – Bureau of Public Safety

    The riser platform stands on the Johan Sverdrup oil field off the coast of Norway in the North Sea, on Tuesday, Dec. 3, 2019. Sverdrup's earlier-than-expected start in October broke a long trend of underperformance for Norway's overall oil production.

    AfCFTA and Dangote’s refinery will make fuel cheaper – Energy Consultant

    Key reforms needed to exceed 1.4% World Bank growth forecast – Economist

    AfCFTA: GUTA calls for access to cheaper credit to be competitive

  • TECHNOLOGY

    Huawei Watch Fit; The perfect smartwatch for everyone

    A close look at the Huawei FreeBuds 3; World’s 1st open-fit active noise-cancellation earphone

    Ashigbey urges government to revise telecoms industry laws to boost growth

    Blend tech with fashion with the new Huawei Watch Fit

    Kick back and enjoy immersive entertainment for the whole family with the MatePad T 10s

    Cost of political adverts on social media to rise by 200% in next election – Maximus

    Huawei announces global release schedule of EMUI 11 update

    Experience powerful all-round performance with the New Huawei Y8s

    Hyundai launches first ever electric car in Ghana

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    World Bank plans to invest over US$5 billion in drylands in Africa

    Be proactive to benefit from AfCFTA – AfroChampions urges businesses in Ghana

    GUTA to commence cross-border trading with Nigeria

    Stakeholders charged to eliminate barriers likely to impede success of AfCFTA

    Ghana can benefit from ‎AfCFTA with hemp production – Business consultant 

    GUTA welcomes Nigeria’s decision to reopen its land borders

    C40 Regional Director for Africa, Mr Hastings Chikoko

    Accra and world’s major cities on track to keep global heating to 1.5°C – Report

    Nigeria to re-open land borders soon – President Buhari hints

    World Bank approves $60 million to strengthen resilience of Africa’s agricultural sector

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Growth in sub-Saharan Africa to rise to 2.9 percent — World Bank

January 17, 2020
in Business, News, West Africa
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Growth in sub-Saharan Africa is expected to rise to 2.9 percent in 2020, the World Bank said Tuesday in its January 2020 Global Economic Prospect report.

The bank cited improved investor confidence in some large economies, easing of energy hurdles, a rise in oil production, which led to a recovery in oil exporters, as indicators.

It also mentioned robust growth among agricultural commodity exporters within the region.

This is a weak forecast than previously expected reflecting softer demand from key trading partners, lower commodity prices and adverse domestic developments in several countries.

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In South Africa, growth is expected to pick up to 0.9 percent. In Nigeria, growth will likely edge up to 2.1 percent while Ghana is expected to accelerate to 6.8 percent.

Kenya’s growth is seen scaling up to 6 percent.

In the West African Economic Monetary Union, growth is expected to be steady at 6.4 percent, the Bretton Wood institution said.

Tags: Economic GrowthGDPWorld Bank

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