By Francisco Javier Arze del Granado and Wendell Daal IMF African Department May 13, 2014 Economic growth slowing from high levels Large current account, fiscal deficits expose economy to risks Sound financial sector still requires close monitoring of exposures Having been the fastest-growing economy in sub-Saharan Africa in 2011, Ghana […]

U.S. authorities are seeking more than $3.5 billion from BNP Paribas SA to resolve federal and state investigations into the lender’s dealings with sanctioned countries including Sudan and Iran, according to people familiar with the matter. The agreement, which could come in the next month, is still being negotiated and […]

By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-Ghana over the past two decades has recorded a declining poverty rate over the past two decades, the International Monetary Fund (IMF) said on Tuesday at the conclusion of 2014 article IV consultation with the country. The IMF said the country has outperformed regional peers […]