PwC Ghana has projected that the cedi will maintain broad stability over the medium term, despite a recent bout of depreciation that has weighed on the cedi.
PwC Ghana has projected that the cedi will maintain broad stability over the medium term, despite a recent bout of depreciation that has weighed on the cedi.
The wartime destruction of its coalmines and several of its power plants are proving a catalyst for Ukraine's renewable energy transition, said the country's Energy Minister German Galushchenko. The minister said moves towards wind and solar power, coupled with the war's impact on classic energy infrastructure, means that "the green transition should be implemented faster than we expected."
France and Germany on Friday refused to back a watered-down agreement on controversial EU rules covering app workers in the gig economy, European diplomats said. The European Union's objective was to bring in bloc-wide rules that supporters hoped would improve conditions for app workers in the gig economy by reclassifying some as employed.
Africa saw the pace of economic growth sag last year as inflation continued to rise but is set to rebound this year, the African Development Bank said Friday. While economic growth slowed to 3.2 percent last year, from 4.1 percent in 2022, according to the ADB's calculations, this still makes it the world's second-fastest-growing region after Asia.
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