Middle East & Africa | Seventeenth time lucky

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

Ghanaians march in the streets on the second day of protests over recent economic hardships, in Accra, Ghana, June 29, 2022. REUTERS/Francis Kokoroko
|ACCRA AND NGLESHI AMANFRO

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”

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