bernard boateng

Ghana's insurance industry remains one of the less-developed segments of the country's financial sector, with insurance penetration still around 1% of GDP. The gap becomes particularly striking when Ghana is compared with other African markets. According to the Bank of Ghana's 2024 Financial Stability Review, Ghana's insurance penetration based on gross premiums remained at 1.0% in 2024, unchanged from 2023. When measured using Insurance Service Revenue under IFRS 17, the rate was lower at...

Ghana's government spent 2.91% of the country's GDP on education in 2022, placing it 26th among 42 African countries with comparable data in the dataset. The figure puts Ghana below the international benchmark for public education spending and well behind Africa's highest spenders. The comparison is based on the World Bank's Government expenditure on education, total (% of GDP) indicator, which uses data from the UNESCO Institute for Statistics. The measure captures government expenditure on...

The story of Matthew Ayariga is one that has travelled far beyond the Libyan beach where he was killed in 2015. A Ghanaian migrant worker who left home in search of work, Ayariga became known around the world after refusing to renounce his Christian faith when captured by Islamic State militants. The Story of the First Ghanaian Saint - Matthew Ayariga More than a decade later, his name is taking on a new significance in the United States. The Diocese of Fort Worth has established St. Matthew...