just now

    • European investor set to establish Rwanda football academy

      APA-Kigali (Rwanda) — The Rwanda Football Federation (FERWAFA) and INEOS Europa AG on Wednesday sealed a partnership to establish a multi-million football academy in the East African country.

    • Botswana lifts hunting ban

      APA-Gaborone (Botswana) — Botswana has lifted a contentious ban on trophy hunting, a senior official announced on Wednesday.

    • Senegal’s gold exports hit upward trajectory

      APA- Dakar (Senegal) By Massamba Sall — Senegal’s raw gold exports at the end of March 2019 increased by CFA15.149 billion (about $25.753 million) compared with the same period in 2018, according to data established by g...


    Ghana risks losing $13bn in oil revenue in two decades

    APA-Accra (Ghana)

    Ghana stands the risk of losing $13 billion in oil revenues if the price of the commodity continues to fall on the international market for the next two decades, a report by the World Bank has said.

    The Finder newspaper reports on Thursday that the World Bank report titled, "Fiscal Consolidation to Accelerate Growth and Support Inclusive Development", predicts that oil revenues will decline sharply by 2025 and cease altogether.

    The bank therefore advises the government to spend efficiently with regards to budget, noting that sustaining economic growth as oil output declines would require increased competitiveness and progressive diversification in the non-resource sectors.

    It also advised that particular attention should be paid to agriculture.


    React to this article