Archive for: August, 2014

A worried world watches as Ebola death toll rises; Spain to treat priest

By Holly Yan and Josh Levs A nurse in Nigeria. A businessman in Saudi Arabia. A Spanish priest in Liberia. With the World Health Organization announcing Wednesday that 932 deaths had been reported or confirmed as a result of Ebola hemorrhagic fever, Saudi Arabia joined the list of countries with suspected cases. “This is the […]

Ebola patients in west Africa to be denied experimental drugs used in US

by Sarah Boseley US tells Nigeria region would have to wait months for supplies because such small quantities exist, says health minister West African patients infected with the Ebola virus will not have access to experimental drugs being used to treat American cases of the disease for several months, if at all, Nigerian health authorities […]

Ugandan court overturns anti-gay law

In Uganda, an anti-gay law that triggered cuts in Western aid, has been thrown out on a technicality. Rights groups welcome the move, but say colonial-era penalties on homosexuality remain in force. A Ugandan court struck down an anti-gay law on Friday, saying it had been wrongly passed by parliament and was null and void. […]

Obama’s favored African nation hits the skids

By Alanna Petroff Just over two years ago, it was President Obama’s model African nation. Now Ghana is looking for a bailout. The small West African nation won many admirers for growing rapidly and reducing poverty. But the poster child for progress in Africa, hailed by Obama in March 2012 as a “wonderful success story,” […]

You Can’t Borrow Yourself Out Of Bankruptcy – Bawumia Tells Gov’t

The 2012 Vice Presidential candidate of the New Patriotic Party (NPP), Dr Mahamudu Bawumia, has alleged that the Bank of Ghana, under governing National Democratic Congress, has spent $6.5 billion from 2009 to date, but has failed to stabilise the value of the Ghana cedi. In a press statement, submitted by the communications team of […]

Ghana Seeks IMF Help After Currency Falls 40%

By Javier Blas In London/Financial Times Ghana, the country that epitomised the ‘Africa rising’ narrative of strong economic growth and improved governance, is to seek help from the International Monetary Fund. The reversal of fortunes underlines the challenges the continent still faces. The west African nation will turn to the fund for financial assistance after […]

Could 2014 be the year the housing market really recovers? Part B

by Dr. Owusu Okizito Here’s a look at a few important facets of the housing market that will shape the environment in 2014 and beyond. The buyers: Demand sizzles in Boston, despite higher interest rates In some local housing markets, there are simply more buyers shopping than there are sellers with “for sale” signs at […]

“Yentie Obiara – We Go Vote 2016” The Progressive Alliance Movement

Dr. Kofi A. Boateng New York The nonpolitical Progressive Alliance Movement (PAM) was inaugurated on Saturday July 12, 2014 at the historic Riverside Church in New York City. PAM’s purpose is to rally Ghanaians Living Abroad (GLAs) to improve their own living standards in their host countries, while contributing their talents and resources to the […]

President Obama hosts his African brethren

  For the first time in the history of the United States, a sitting president is hosting African leaders. President Barack Obama, the first American of African descent to assume office as president of the United States of America, invited more than 50 African leaders to the White House to discuss mutual US and African […]

Obama speaks at Africa summit in Washington

Barack Obama has told the leaders of more than 50 African nations that they have control of their countries’ financial futures. Obama also announced billions of dollars in private investments in Africa. Addressing 50-plus African leaders in Washington on Tuesday August 5, Obama said US companies were at the ready to invest. “It is the […]

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