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Analysis

Emerging markets target tourism development and diversification
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As emerging markets develop new attractions and tap into new visitor source markets, they are leveraging technology and sustainable development in line with emissions targets. Following sharp declines in 2020, international tourism figures rebounded in 2021 to reach approximately 63% of pre-Covid-19 pandemic levels in 2022. Notably, in September of that year arrivals in the Middle East and the Caribbean…

Analysis

Higher education developments seek to increase patent filing
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In terms of the filing of international patents, 2022 was a record-breaking year, with higher education playinga significant role in driving innovation and expanding international practices regarding intellectual property (IP). The UNWorld Intellectual Property Organisation (WIPO) reported in February 2023 that 278,100 international patents had been filed under its Patent Cooperation Treaty…

Analysis

Metaverse adoption in higher education in emerging markets
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In a bid to expand access and widen their reach, educational institutions are exploring the possibilities of the metaverse and associated extended-reality (XR) approaches. The metaverse comprises a range of technologies that immerse users in a virtual environment. It denotes a 3D medium that combines virtual reality (VR) and augmented reality (AR) into a new digital realm, sometimes known as XR. These…
Interview

Sylva Vortia, CEO, Axon Information Systems: Interview
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Interview:Sylva Vortia, CEO, Axon Information Systems To what extent has the growth of the ICT sector accelerated economic development? SYLVA VORTIA: One of the most important factors that has propelled the expansion of Ghana’s ICT sector is the government’s commitment to digitalisation. This national effort aligns with global post-Covid-19 pandemic recovery efforts. In the software development…
Interview

Kwaku Ofori Asiamah, Minister of Transport: Interview
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Interview:Kwaku Ofori Asiamah How would you assess Ghana’s potential as a major aviation centre within the subregion? KWAKU OFORI ASIAMAH: The recent expansion of Tamale Airport, the ongoing expansion of Kumasi Airport, and supporting infrastructure such as new terminal buildings and runway extensions have created significant growth opportunities in the sector, which could help Ghana become…
Interview

John Entsuah, CEO, Devtraco Group: Interview
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Interview:John Entsuah What factors account for the growth in real estate and the challenges regarding land acquisition? JOHN ENTSUAH: The real estate sector’s growth is influenced by a combination of factors, and it is essential to address the challenges that hinder progress, particularly for middle-income earners. The aspirations of such individuals to own a home is driving sector growth,…
Interview

Yaw Osei Adutwum, Minister of Education: Interview
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Interview:Yaw Osei Adutwum What are the key reforms being implemented to transform learning outcomes in Ghana? YAW OSEI ADUTWUM: Ghana’s education sector is undergoing a transformation to align with global standards and foster economic growth. These changes are anticipated to improve learning outcomes – particularly at the pre-tertiary levels – and support the objectives of the UN Sustainable…
Interview

Dr Elikem Tamaklo, Managing Director, Nyaho Medical Centre: Interview
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Interview:Dr Elikem Tamaklo What is your assessment of health care in Ghana in the wake of the Covid-19 pandemic? DR ELIKEM TAMAKLO: Ghana’s health care sector stands at a pivotal juncture, calling for substantial investment to fortify its foundations. Prioritising primary care is a critical endeavour, with the goal being to mirror the high-quality health care outcomes observed in countries…
Interview

Alex Apau Dadey, Executive Chairman, KGL Group: Interview
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Interview:Alex Apau Dadey How can Ghana effectively maximise the impact of diaspora human capital to stimulate economic investment in the country? DADEY: The country’s most precious asset is its diaspora. Therefore, it is important to encourage policies that will facilitate political and economic inclusion. Ghanaians living abroad have always aided in the growth of the economy, but…
Interview

Ramesh Sadhwani, Joint Group Managing Director, Melcom Group: Interview
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Interview:Ramesh Sadhwani What are the majors drivers of growth in the retail sector, and what key challenges does it faces? RAMESH SADHWANI: The main factors influencing growth in the country’s retail market include rapid urbanisation, rising household incomes, and changes in lifestyles and habits across the country. The growing middle class has contributed to an increased appetite for essential…