Leaders
UMB’s Overview of Ghana’s Extended Credit Facility with the International Monetary Fund.
As part of Ghana’s economic recovery process, the Government of Ghana sought the assistance of the International Monetary Fund (IMF) on September 26, 2022, for a 36-month Extended Credit Facility Program worth USD 3 billion. Following extensive stakeholder engagements, the IMF board approved the disbursement of the first tranche amounting to USD 600 million on…
Today in History: May 30
On this day, May 30, we commemorate significant events and noteworthy moments that have shaped the course of history. From political milestones to scientific breakthroughs and cultural achievements, May 30 has witnessed a variety of impactful occurrences throughout the years. Let’s explore some of the notable events that took place on this day. 1431: Joan…
Ownersmedia Networks & Studios Inc.: Bridging Cultures and Empowering the Ownerverse.
Ownersmedia Networks & Studios Inc. is a prominent media conglomerate that is making its mark in the world of underground entertainment. With a diverse portfolio ranging from filming to printing, broadcasting to streaming, the company’s ultimate goal is to bring creative minds from all corners of the globe together. By fostering collaboration and providing a…
27-Year-Old Nigerian Chef Hilda Baci Nears Guinness World Record for ‘Longest Cooking Time’ by an Individual
In the world of culinary achievements, Nigerian chef Hilda Baci, at the young age of 27, is on the brink of making history. Having surpassed an astonishing 70-hour mark of non-stop cooking, she is now in striking distance of breaking the Guinness World Record for the ‘longest cooking time’ by an individual with less than…
GHANA’S ECONOMY SHOWS RESILIENCE DESPITE SETBACKS FROM THE COVID-19 PANDEMIC AND INCREASING CORRUPTION
Ghana’s economy has been experiencing steady growth over the past decade, with an average growth rate of around 7% per year. However, the COVID-19 pandemic has caused setbacks in the country’s growth trajectory. Alongside the pandemic, significant corruption by the current heads of state and the inability to keep the central bank separate from the…
RWANDA REPAYS $400 MILLION EUROBOND DESPITE ECONOMIC PRESSURES
Rwanda has faced multiple pressures on her finances brought on by ongoing global shocks linked to the prolonged impact of the Covid-19 pandemic, the war in Ukraine, and the appreciation of the US dollar. However, this did not deter the East African Nation from successfully repaying its $400 million Eurobond. According to information obtained by…