Ghana, an oft-lauded African economy, is back for a 17th bail-out
But success and failure may be flip sides of the same coin
Enu, a shopper at Kaneshie market in Accra, the capital of Ghana, peers into a small bag of scrabbling crabs with disappointment. “Before, if I buy two cedis’ worth, it can make my stew for me,” she says. “Now, no.” As shoppers moan about inflation, traders grumble about slow sales. Many blame the government. “The finance minister, if I catch him, me, I will beat him,” declares Esther, a yam-seller with a twinkle in her eye.
This article appeared in the Middle East & Africa section of the print edition under the headline “Making a success out of failure”
From the August 13th 2022 edition
Discover stories from this section and more in the list of contents
Explore the editionMore from Middle East & Africa
America concludes genocide has been committed in Sudan—again
The move highlights the magnitude of Sudan’s civil war but does little to end it
Lebanon tries yet again to elect a new president
But it will not be easy to convince its corrupt politicians to reform
The West is making a muddle of its Syria sanctions
Outsiders should be much clearer about how and when they will be lifted
Alawites formed Syria’s elite. Now they are terrified
Fear of reprisal stalks the heartlands of the Assad regime
From inside an obliterated Gaza, gunfire not a ceasefire
In north Gaza the IDF is now facing “a bitter guerrilla war”
Mozambique’s opposition leader flies home into chaos
Will Venâncio Mondlane’s arrival on January 9th deepen or ease political crisis?