June 8, 2016/IMF Ms. Antoinette Sayeh, Director of the African Department at the International Monetary Fund (IMF), has notified IMF Managing Director Christine Lagarde of her intention to retire from the Fund, effective August 31, 2016. “As the Director of the African Department for the past eight years, Antoinette has […]
Updates
Accra becomes city 467 – next smart African city to offer Uber
June 8, 2016/UBER Accra has been named as the next city to join Uber’s booming network in Africa (www.Uber.com). The economically vibrant hub is the first city in Ghana to receive the service. With a thriving urban population, Accra’s 2.27 million people will have access to efficient transport through the […]
World Bank Cuts 2016 Global Growth Forecast to 2.4 percent
June 7, 2016/World Bank The World Bank is downgrading its 2016 global growth forecast to 2.4 percent from the 2.9 percent pace projected in January. The move is due to sluggish growth in advanced economies, stubbornly low commodity prices, weak global trade, and diminishing capital flows. According to the latest […]
