The article highlights the increasing desire of Ghanaian citizens to expatriate, due to the economic and structural challenges facing the country. Corruption, unemployment and poor governance are major factors pushing people to seek opportunities elsewhere. To reverse this trend, deep and sustainable reforms are needed, beyond changes in government. The authorities must act to provide opportunities for the youth and revitalize the economy, in order to retain talent and build a bright future for Ghana.
Category: Economy
The recent appointment of Lieutenant General Banza Mwilambwe Jules as Chief of Staff of the Armed Forces of the DRC marks an important step in the evolution of the Congolese armed forces. His brilliant career and proven skills suggest better coordination of military operations and a strengthening of the effectiveness of the Congolese Army. This appointment demonstrates President Tshisekedi’s confidence in this senior officer and his determination to address the country’s security challenges. In these times of tension and uncertainty, Banza Mwilambwe Jules embodies the hope and desire to strengthen the sovereignty and security of the Democratic Republic of Congo.
Promises to lower prices for basic necessities for the end-of-year holidays in Kinshasa still seem far from being realized despite announcements by importers. Price reductions of 5 to 11% on essential items have not yet been felt on the ground, leaving consumers frustrated. However, the authorities assure that the price reduction will be gradual, but merchants report unchanged or even increasing prices. The government’s objective is to establish a sustainable price reduction policy to make essential products more affordable. It will therefore take patience to observe the concrete effects of this measure and hope for an improvement in the purchasing power of Congolese households.
Maximizing revenue at the Kasindi border post in North Kivu is at the heart of the DGDA’s efforts to promote economic development in the region. By raising awareness among the local population, combating fraud and ensuring transparent revenue collection, the authorities aim to strengthen the management of public resources. This initiative, which is essential for supporting the tax system and promoting investment, requires the collaboration of all stakeholders involved. A collective mobilization that contributes to building a solid economy and a more prosperous society for all.
France’s public debt reached a new record in the third quarter, amounting to 113.7% of GDP. A significant increase, mainly attributable to the State. The health crisis has led to massive spending, increasing public debt. Important questions about debt management and strategic decisions to ensure the country’s long-term financial stability are raised.
The African Continental Free Trade Area (AfCFTA) represents a historic opportunity for trade in Africa, but businesses on the continent face major challenges in benefiting fully from it. A recent PAFTRAC report highlights the lack of support, information and necessary financing. There is an urgent need for collaboration between public and private actors to support businesses in this transition. Awareness-raising, training and communication are essential to fill these gaps and enable businesses to seize the opportunities offered by the AfCFTA. Close collaboration between different entities is imperative to ensure the successful implementation of the AfCFTA and foster sustainable economic growth in Africa.
Senator Joseph Ngalamulume Bakakenga is stirring up enthusiasm among his constituency by announcing his presence in Tshikapa for the 2024 holiday season. His commitment to the challenged Kasai province is seen as a sign of hope and change. As a member of the AFDC, he is a respected leader who promises to bring concrete solutions to local problems. His upcoming meeting with President Tshisekedi promises fruitful discussions to improve the lives of the people of Kasai and pave the way for a brighter future.
In December 2024, a historic event took place in Kisangani, with the signing of a peace agreement between the Mbole and Lengola communities after years of conflict. Under the leadership of the Deputy Prime Minister, this agreement symbolizes the unity and collective awareness of the inhabitants of the Tshopo province. The President of the Republic pledged his support to promote development and peace in the region. The community leaders publicly sealed their reconciliation, marking a crucial step towards harmonious coexistence. The authorities guarantee the implementation of the resolutions of the peace forum and call for judicial clemency to promote reconciliation. This new era of hope shows that peace and the reconstruction of social ties are achievable goals despite the challenges encountered.
Benin is positioning itself as a major player in the global cotton market, attracting investors with an annual production of 500,000 tons. Its meteoric rise is explained by a dynamic of sustained growth and strategic partnerships aimed at strengthening its competitiveness on an international scale. Beyond the economic benefits, Benin promotes sustainable and inclusive development through job creation and improving the living conditions of rural populations. With a long-term vision focused on innovation and sustainability, the country aims to maintain its leading position in the global cotton market, confirming its status as a key player in the sector in Africa and around the world.
Traffic jams in Kinshasa have become a chronic scourge impacting the daily lives of residents. Congested streets disrupt travel, causing delays, stress and insecurity. This situation harms the local economy by reducing business productivity. Authorities are struggling to find sustainable solutions to improve the situation. It is crucial to rethink urban organization, promote efficient public transport and raise awareness of responsible driving to make the city more fluid and pleasant to live in.