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Ghana Eyes $3 billion Investment by Diaspora
Ghana’s Finance Ministry is targeting to raise $3 billion in funding from its diaspora, through African Sankofa Account to fund economic development in the West African nation. The government will structure the investment vehicle to offer better rates to depositors, Finance Minister Ken Ofori-Atta said. He said the initiative was dictated by government’s quest to […]
Morocco: 860 kg of Cannabis seized in southern Guelmim region
The Moroccan police have seized 860 kg of cannabis in the southern region of Guelmim and captured a 55-year old man for international drug trafficking. The drugs were stashed in a site in the rural area of Oued Tizimi, some 70 km from Guelmim, said a press release issued on Thursday by the national police. […]
Countries dependent on commodities hit 20-year high; Sub Saharan Africa hardest-affected region
The number of countries that depend on commodities has reached its highest level in 20 years, says a new UNCTAD report, noting that commodity dependence affects developing countries almost exclusively. According to the State of Commodity Dependence Report 2019 released last week, dependence on commodities affects 85% of least developed countries, 81% of landlocked developing […]



