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Ahafo

Africa’s Public Sector Workers Face Declining Wages: Survey Highlights Urgent Need for Reform

A recent survey reveals that public sector workers across Africa, particularly in health and education, are experiencing significant wage declines. The report underscores the pressing need for systemic reforms to address the financial hardships faced by these essential workers. Key Findings from the Survey The ActionAid report, titled The Human Cost of Public Sector Cuts in Africa, surveyed over 600 healthcare workers, teachers, and community members in Ethiopia, Ghana, Kenya, Liberia, Malawi, and Nigeria. The findings are alarming: Wage Declines: Teachers' salaries have plummeted by between 10% and 50% over the past five years. Financial Struggles: An overwhelming 97% of health workers reported insufficient wages to cover basic needs like rent, food, and household expenses. Increased Workloads: Budget cuts have led to overwhelming workloads, with 70% of teachers and 85% of health workers feeling overburdened. Mental Health Impact: The financial […]

Ahmad May 21, 2025

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General

BoG Governor leads Africa’s call for urgent debt restructuring at World Bank/IMF meeting

The Governor of the Bank of Ghana, Dr Johnson Asiama, speaking on behalf of African Governors, stressed that urgent international intervention is needed to prevent a full-blown economic crisis across the continent. Debt servicingDr Asiama revealed that nearly half of Sub-Saharan African countries are either at high risk of debt distress or already trapped in it.He noted with concern that many nations are now spending more on debt repayments than on essential services such as health and education. This alarming trend, he said, has been worsened by a combination of global shocks, including the lingering effects of the COVID-19 pandemic, geopolitical tensions, climate disasters, and tightening financial conditions.“Africa’s per capita spending on interest payments now exceeds investments in health and education,” Dr Asiama said.He added: “This is unsustainable and demands immediate action from the international community.”Four-pronged solutionThe African Governors outlined […]

Ahmad April 24, 2025

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General

President Mahama Advocates for Solana as Africa’s Fintech Future

Ghana's president, John Dramani Mahama, has highlighted the potential of Solana, a high-performance blockchain network, as a catalyst for driving fintech and cryptocurrency adoption across Africa. In a recent social media post, Mahama emphasized the importance of financial inclusion, noting that Solana's low transaction costs could significantly boost cryptocurrency payments and investments across the continent.Solana stands out for its ability to process thousands of transactions per second through its unique proof-of-history consensus mechanism, offering a fast and affordable alternative to traditional blockchains like Bitcoin and Ethereum.Mahama sees the Fourth Industrial Revolution as an opportunity for Africa to leapfrog traditional development models, focusing on digital transformation to enhance public service delivery and create new economic opportunities. His vision includes investment in digital infrastructure and fintech to bridge the digital divide and improve Africa’s competitiveness in the global economy.At the same time, […]

Edem 4Style March 17, 2025

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General

Africa Fires Back at Macron’s ‘Ungrateful’ Remark.

French President Emmanuel Macron has come under heavy criticism from Senegal and Chad following his statement that African countries in the Sahel region were ungrateful for France's role in combating jihadist insurgencies. Speaking at a conference in Paris, Macron claimed that without French military intervention, no Sahelian nation would remain sovereign.Chad’s Foreign Minister Abderaman Koulamallah labeled Macron’s remarks as "contemptuous" and demanded respect for African sacrifices, particularly referencing African soldiers’ contributions during World Wars. Senegal's Prime Minister Ousmane Sonko accused France of destabilizing parts of Africa, such as Libya, and questioned its ability to ensure Africa’s security or sovereignty.The remarks come as France’s influence wanes in the region, with countries like Chad, Senegal, and Ivory Coast recently ending military agreements. Nations like Mali, Burkina Faso, and Niger have also expelled French troops and moved closer to Russia.Chad’s foreign minister asserted […]

Edem 4Style January 9, 2025

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Greater Accra

Promasidor Ghana Announces Leadership Change.

Promasidor Ghana Announces Leadership Change Promasidor Ghana Announces Leadership Change Promasidor Ghana Announces Leadership Change Promasidor Ghana Announces Leadership Change Promasidor Ghana Announces Leadership Change Promasidor Ghana, the company behind popular products like Cowbell, has announced a leadership change as part of its strategy to drive growth and innovation in the Ghanaian food and beverage market. This transition is expected to support the company’s goals of expanding its market presence and delivering new product innovations to meet evolving consumer needs. This move reflects Promasidor’s ongoing commitment to maintaining a strong competitive edge in a rapidly growing industry. With the new leadership, Promasidor aims to reinforce its market position and build upon its legacy of providing quality, affordable food products in Ghana and other African markets.

Edem 4Style October 28, 2024

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Greater Accra

Shirley Ayorkor Botchwey Elected Commonwealth Secretary-General.

Shirley Ayorkor Botchwey, Ghana’s former Minister of Foreign Affairs and Regional Integration, has been elected as the Secretary-General of the Commonwealth, making her the first Ghanaian to hold this prestigious position. Her election highlights her extensive diplomatic experience and signals a new chapter for the Commonwealth, especially with her focus on addressing issues that resonate with Commonwealth countries, such as climate change, youth empowerment, and trade facilitation.Ayorkor Botchwey has a longstanding career in Ghanaian politics and international relations, known for her advocacy on sustainable development and support for peace and stability across Africa. Her appointment also positions Ghana at the forefront of global diplomacy within the Commonwealth's 56-member bloc. Leaders and representatives across the Commonwealth have praised her election, viewing it as a strong step toward revitalizing the organization’s influence on global and regional issues.This accomplishment follows her tenure as […]

Edem 4Style October 28, 2024

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Entertainment

Idris Elba Plans Move to Africa to Boost Film Industry.

Idris Elba, the renowned British actor, has revealed his intention to relocate to Africa within the next decade to bolster the continent's film industry. In a recent interview with the BBC, the star of The Wire expressed his commitment to establishing film studios in both Zanzibar, Tanzania, and Accra, Ghana. Elba, whose roots trace back to Ghana and Sierra Leone, emphasized the importance of Africans telling their own stories through film. During the discussion at a cinema industry meeting in Accra, Elba stated, "I think [I’ll move] in the next five, 10 years, God willing. I need to be in-country, on the continent." He aims to contribute significantly to the film sector, stating that it is vital for Africans to be actively involved in every aspect of filmmaking, including production, financing, and distribution. Elba's vision aligns with a broader goal […]

Edem 4Style October 23, 2024

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Greater Accra

Zambian Delegation to Study Ghana’s Students Loan Trust Fund.

A Zambian delegation has arrived in Ghana to examine and learn from the operations of the Students Loan Trust Fund (SLTF), a scheme that has played a significant role in supporting Ghanaian students financially. The delegation, led by officials from Zambia’s Ministry of Education, seeks to understand how the SLTF is managed, its funding model, loan recovery mechanisms, and how it contributes to improving access to higher education.The Zambians expressed interest in replicating a similar student loan system back home to enhance opportunities for higher education financing. During their visit, they will engage with SLTF management and officials from the Ministry of Education in Ghana to discuss policies and strategies used to ensure the sustainability of the fund. The team will also meet with Ghanaian universities and key stakeholders involved in student financing.Ghana’s Students Loan Trust Fund has gained attention […]

Edem 4Style October 19, 2024

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