A macroeconomic overhaul is currently under way in Ghana, including in its borrowing practices. A shift is being made to reduce bond issuance in the domestic market, to extend the overall maturity of its existing debt profile and to lower the debt-toGDP ratio, which stood at 65.3% at the end of the first quarter of 2015, according to...
Ghana’s outward-looking stance with regard to regional relations is to some extent an inheritance from its first president, Kwarme Nkrumah. The newly independent nation’s foreign policy was predicated upon a call for a united Africa, which would culminate in a political, social and economic integration across the continent. The proposition was...
One of the principal attractions of Ghana as an investment destination is its status as one of the most well-governed and stable states in the region. It is now more than two decades since the multiparty system was first re-established by a new constitution, and during this time there has been a consolidation of democratic principles in the...
Morocco’s trade balance improved substantially in 2014 and is set to perform better still in 2015 thanks to factors such as lower oil prices and improving conditions in major export markets, though it is set to maintain a large trade deficit for the foreseeable future. Levels of inward foreign direct investment (FDI) have grown substantially...
In line with a global trend to increase private sector activity in infrastructure development, Morocco is now host to several major public-private partnership (PPP) projects, including the kingdom’s largest power station and port at Jorf Lasfar and Tanger-Med, respectively. PPP success has left the government keen to boost the number of such...
Over the past 15 years Morocco has signed free trade agreements (FTAs) with some of the largest economies in the world. This has impacted the kingdom’s trade figures, though in some cases it has also been followed by increases in trade deficits with these partners. The next major accord Morocco is likely to sign is a Deep and Comprehensive FTA...
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