Finance

AfDB-funded training builds skills for Ghana’s future economy

AfDB report Ghana Accra FlickrA six-year project to develop industrial skills among Ghana’s workforce has improved the engineering and manufacturing skills of young people, promoted economic competitiveness and contributed to an improvement in the quality of life of beneficiaries and a reduction in poverty, according to an African Development Bank (AfDB) report

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European Investment Bank approves US$18.9bn for COVID-19 relief and economic resilience

Chuckcars flickrThe European Investment Bank (EIB) has approved US$18.9bn for projects across Europe, Africa, Asia and Latin America

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Crown Agents Bank and Paycode pair up to better serve African unbanked

credit card 1730085 1920Crown Agents Bank is collaborating with Biometric payments specialist Paycode of South Africa to serve unbanked communities across sub-Saharan Africa

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East Africa is Africa’s fastest growing region, despite COVID-19 disruption

East africa tradeEconomic disruption caused by the COVID-19 pandemic has pushed East Africa’s growth projection for 2020 down to 1.2 per cent, a rate that outstrips other African regions and is forecast to rebound to 3.7 per cent in 2021, according to the African Development Bank’s (AfDB) East Africa Regional Economic Outlook 2020

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CIIE set to boost Africa-China trade, says Standard Bank executive

Africa Pixabay Standard Bank StoryThe China International Import Expo (CIIE) has helped to diversify China's sources of imports and facilitate greater trade flows between China and Africa, said François Gamet, head of Asia for the Standard Bank Group and CEO of Standard Advisory (China) Ltd

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