Tag: Banking

  • The Perilous Path of Increasing Money Supply: Government and Banks Tread Cautiously

    In the complex world of economics, the manipulation of money supply is a powerful tool that can either be a boon or a bane for a nation’s financial stability. Both the government and banks have the authority to influence the money supply, but this power must be wielded with caution. As we observe the economic…

  • Mobile penetration across the continent

    Mobile phone penetration in Africa has grown significantly over the past two decades, transforming the continent’s social, economic, and political landscape. According to the World Bank, as of 2021, there were over 730 million mobile phone subscribers in Africa, representing a mobile phone penetration rate of around 70%. This growth in mobile phone usage has…

  • The growth of the MNC’s in Africa

    The growth of multinational corporations (MNCs) entering Africa has been significant in recent years, driven by the continent’s growing population, increasing urbanization, and the expanding middle class. MNCs see Africa as a new frontier for growth, with vast untapped potential in markets such as consumer goods, telecommunications, and financial services. Africa’s favorable demographics and economic…

  • Africa’s rising micro-businesses

    In recent years, the growth of micro businesses in Africa has been remarkable, driven by rising entrepreneurship, increased access to capital, and the rise of mobile and digital technologies. Micro businesses, defined as small, locally-owned enterprises with fewer than 10 employees, are playing an increasingly important role in Africa’s economies, contributing to job creation, poverty…

  • Accra and the internet

    Accra, the capital city of Ghana, has seen a significant impact from the growth of internet connectivity in recent years. This has had far-reaching effects on the city’s economy, education, and overall quality of life. One of the most significant impacts of increased internet connectivity has been on the economy. The growth of e-commerce has…

  • Vodafone in Ghana

    Vodafone Group is a British multinational telecommunications company that operates in many countries around the world, including Ghana. The company’s presence in Ghana can be traced back to the early 2000s, when the West African nation was undergoing a period of economic liberalization and modernization. In 2008, Vodafone Group acquired a majority stake in Ghana’s…

  • Mobile money in Africa

    Mobile money is a popular financial service in Africa that enables individuals to send, receive and store money using their mobile devices. There are several mobile money options available in Africa, including: These mobile money options have had a significant impact on the financial landscape in Africa, particularly in terms of financial inclusion. Many people…

  • Vodafone in South Africa

    Vodafone Group is a British multinational telecommunications company that operates in many countries around the world, including South Africa. The company’s presence in South Africa can be traced back to the late 1990s and early 2000s, when the South African government began to liberalize the country’s telecommunications sector and open it up to foreign investment.…

  • African business review – 2013

    In 2013, there were several significant developments in the business landscape across Africa. One of the major trends was the continued growth of the African economy, with several countries experiencing strong economic growth and increasing levels of investment. This growth was driven by a number of factors, including rising levels of consumer spending, increased investment…