Business in Ghana

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Posts Tagged ‘USAID’

Rich Men in London Still Deciding Africa’s Future

Posted by Business in Ghana on March 29, 2015

By Colin Todhunter, Global Research

Some £600 million in UK aid money courtesy of the taxpayer is helping big business increase its profits in Africa via the New Alliance for Food Security and Nutrition. In return for receiving aid money and corporate investment, African countries have to change their laws, making it easier for corporations to acquire farmland, control seed supplies and export produce.

Last year, Director of the Global Justice Now Nick Dearden said:

“It’s scandalous that UK aid money is being used to carve up Africa in the interests of big business. This is the exact opposite of what is needed, which is support to small-scale farmers and fairer distribution of land and resources to give African countries more control over their food systems. Africa can produce enough food to feed its people. The problem is that our food system is geared to the luxury tastes of the richest, not the needs of ordinary people. Here the British government is using aid money to make the problem even worse.”

Ethiopia, Ghana, Tanzania, Burkina Faso, Côte d’Ivoire, Mozambique, Nigeria, Benin, Malawi and Senegal are all involved in the New Alliance. Read the rest of this entry »

Posted in Financial Services, uncategorised | Tagged: , , , , , , | 2 Comments »

Regional Tariff Reform: Necessary, But Not Sufficient

Posted by Business in Ghana on May 4, 2013

Dr. Daniel Bromley, University of Wisconsin-Madison/Humboldt University-Berlin

It is very encouraging to see that the ECOWAS Ministers of Finance have endorsed a regional tariff regime for West Africa. We must be grateful for small steps taken to create vibrant economies in the region. However, small steps often fail to get us where we need to go before something really bad happens to us.

My recent research for the USAID West Africa Trade Hub, embellished by the on-going projects on “highway robbery,” has convinced me that not much will change unless economic problems within individual countries, not among them, are corrected. It is often much easier to arrange regional agreements with others than it is to reform what needs fixing closer to home.

I must stress that the fundamental problem with regional trade in West Africa is the extraordinarily high cost of moving goods – whether or not those goods move across national boundaries. Bribes and enforced delays along trade routes within e.g. Ghana or Mali are as perverse as they are across borders.  Read the rest of this entry »

Posted in Transportation, Uncategorized | Tagged: , , , | Leave a Comment »

USAID Contribution to Ghana’s Food Security

Posted by Business in Ghana on December 8, 2010

The United States Agency for International Development (USAID) has provided $3.9 million to the people of Ghana through the World Food Programme’s Protracted Relief and Recovery Operation.  The funding will benefit 106,000 Ghanaians through nutritional food interventions, food for work, food for training, and income generating activities.  The principal beneficiaries include malnourished children, pregnant women and nursing mothers, and people living with HIV and their families in the three Northern regions. Read the rest of this entry »

Posted in Agriculture, Uncategorized | Tagged: , , , | Leave a Comment »