Browsing Tag

Robust

Ghana Cedi: Africa’s 7th Most Robust Currency

In the ever-dynamic world of foreign exchange, where currencies ebb and flow like a tide that shapes economies, the Bank of Ghana brought forth a compelling report. They stated that the Ghanaian Cedi had depreciated by 5.3% against the US dollar in the interbank market over the first quarter of 2025. This insight invites the question: what does this mean for a nation striving for economic prowess? Oddly enough, the Cedi's descent appeared gentler in the retail market, where it fell by a…

Why Trade Between the UK and Somalia Lags Behind Despite Robust Diaspora Connections

Though the United Kingdom and Somalia share robust diaspora connections, their trade relationship is surprisingly frail and erratic. A noticeable reflection of this relationship is seen in the Somali federal parliament, where around 15 MPs boast dual British citizenship. Additionally, the UK hosts a significant Somali diaspora—109,000 people identified as Somali in the last census, though some estimates surmise a community of around 500,000. To dive deeper, this article follows up on my earlier work, "Unlocking the Untapped…

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