Tag: Russian-Ukraine war
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AfDB approves $1.5Bn facility to support Africa’s food system
The African Development Bank (AfDB) Group’s Board has approved a US$ 1.5 billion facility to support African countries deal with the impact of the Russian-Ukraine war impacting food prices and availability. Mr Philip Boahen, AfDB’s Chief Agriculture Policy Economist and Coordinator of Global Agriculture and Food Security Programme at AfDB, said this at Tamale, Ghana,…
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OPEC cuts 2022 oil demand over economic concerns
The Organisation of Petroleum Exporting Countries (OPEC) has revised downwards the demand for crude oil in 2022. This follows the concerns around global economic growth. OPEC’s Secretary-General, Sanusi Barkindo, announced this at the 62nd Meeting of the Joint Technical Committee via videoconference. He also stated that the loss of crude oil and other liquids exports…
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GHANA: Prof. Gyambo laments spate of suffering in Ghana
The government has consistently blamed the high cost of living, the fuel hikes and struggling economy on the Russian-Ukraine war and Covid-19 pandemic