#economiccommunityofwestafricanstates

[biglisbonnews]

How Ghana and Gambia are planning to bolster their digital economies As legacy economies continue to fall out of favor the world over, Ghana and Gambia are ramping up efforts to build tech-based economies.Read more... https://qz.com/ghana-and-gambia-plan-to-prop-their-digital-economies-1850086882

[ghanasayonline-blog]

High budget deficits impede West Africa bloc’s single currency agenda – ECOWAS

High budget deficit remained a major challenge to achieving a second single currency zone by its member states, the Economic Community of West African States Commission (ECOWAS) has said. “It is essential to ensure that our member states continue to implement prudent macroeconomic policies aimed at enhancing fiscal consolidation and diversification of their economies,” ECOWAS Commission President Jean-Claude Kassi Brou told the 41st Meeting of the Convergence Council of Ministers and Governors of Central Banks of the West Africa Monetary Zone. “Preliminary statistics indicate that progress at macroeconomic stability and convergence improved in 2018, compared to 2017, as six member states achieved growth rates of more than 6 percent while 11 countries met the inflation criterion of 10 percent or less,” Kassi Brou said on Friday. Mahamudu Bawumia, vice president of the Republic of Ghana, said building resilient economies to withstand external economic shocks is a critical factor in the quest to achieve a monetary union. The sub-regional bloc has set the year of 2020 as the deadline for achieving the new West Africa Monetary Zone. The 41st meeting was hosted by Ghana’s Ministry of Finance and the Bank of Ghana. News Links: Politics | Entertainment | Business | Sports | by:xinhuanet.com Read the full article

[drtakyigh]

High budget deficits impede West Africa bloc’s single currency agenda – ECOWAS

High budget deficit remained a major challenge to achieving a second single currency zone by its member states, the Economic Community of West African States Commission (ECOWAS) has said. “It is essential to ensure that our member states continue to implement prudent macroeconomic policies aimed at enhancing fiscal consolidation and diversification of their economies,” ECOWAS Commission President Jean-Claude Kassi Brou told the 41st Meeting of the Convergence Council of Ministers and Governors of Central Banks of the West Africa Monetary Zone. “Preliminary statistics indicate that progress at macroeconomic stability and convergence improved in 2018, compared to 2017, as six member states achieved growth rates of more than 6 percent while 11 countries met the inflation criterion of 10 percent or less,” Kassi Brou said on Friday. Mahamudu Bawumia, vice president of the Republic of Ghana, said building resilient economies to withstand external economic shocks is a critical factor in the quest to achieve a monetary union. The sub-regional bloc has set the year of 2020 as the deadline for achieving the new West Africa Monetary Zone. The 41st meeting was hosted by Ghana’s Ministry of Finance and the Bank of Ghana. News Links: Politics | Entertainment | Business | Sports | by:xinhuanet.com Read the full article

[biglisbonnews]

Where are Nigeria’s women in the upcoming elections? This year, Africa will see presidential elections in 10 of its countries. This is an excellent opportunity for more women to take up the mantle of leadership at all levels, but it will be an uphill battle.Read more... https://qz.com/where-are-nigeria-s-women-in-the-upcoming-elections-1850144002

[biglisbonnews]

A new Sierra Leone law finally allows women to get bank loans A cold afternoon in Freetown, Sierra Leone’s capitol. Traffic is flowing smoothly along Wilkinson Road before we pull over in front of a gate. A sign says: “The Beauty Bar.” We drive in.Read more... https://qz.com/sierra-leone-law-finally-allows-women-to-get-bank-loans-1850022507

[biglisbonnews]

Africa is making waves in the global football transfer market In 2022, African countries were key players in the global player transfer markets in three reporting categories; men’s football, women’s football, and amateur football.Read more... https://qz.com/africa-is-making-waves-in-the-global-football-transfer-1850052049

[biglisbonnews]

Women in Sierra Leone can finally own land It’s a new dawn for the women of Sierra Leone after president Julius Maada Bio assented into law the Gender Equality and Women’s Empowerment 2021 bill on Jan. 19, which will be implemented alongside the Customary Land Rights Act 2022 (pdf), allowing them equal rights as men to own, lease, or buy land in the country.Read more... https://qz.com/women-in-sierra-leone-can-finally-own-land-1850017536