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GALANT BLACK STARS ARRIVE IN COTE D’IVOIRE BATTLE READY

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The Black Stars of Ghana arrived in Cote D’Ivoire on Wednesday, January 10, 2024, and held their first training session just hours after their arrival.

The team made a stunning entrance at the airport, with the players and the technical staff draped in rich Kente cloth. The Kente, which is a traditional Ghanaian fabric, symbolizes royalty, prestige, and cultural heritage.

The Black Stars are in Cote d’Ivoire for the 2023 Africa Cup of Nations (AFCON), which is set to commence from January 13 to February 11, 2024. They are drawn in Group B along with Cape Verde, Egypt, and Mozambique.

The team’s first match is against Cape Verde on Sunday, January 14, 2024. Kick off is at 8PM.

BENJAMIN AYIKU NARTEH COMES TO THE RESCUE OF DETAINED MOTHERS

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The Member of Parliament for the Ledzokuku Constituency in the Greater Accra Region, Benjamin Ayiku Narteh, paid the medical bills of some mothers who were detained at LEKMA Hospital

This gesture was aimed at alleviating the financial burden on the women who had given birth but were unable to settle their medical bills at the hospital.

The MP also paid for the hospital bills of 35 patients of the LEKMA Hospital.. This act of kindness from the MP for Ledzokuku is part of his efforts to help cover the hospital bills of some less privilege in his constituency.

TURNING WASTE IN WARMTH: CANADA’S FALSE CREEK NEIGHBORHOOD

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The False Creek suburb in Vancouver, Canada, has been using an innovative technology to harness heat from wastewater as a renewable energy source to heat homes. This technology has been in use since 2010.

The heat is captured from the sewage system. This heat is generated from various sources such as dishwashers or long, hot showers.
Inside the False Creek facility, heat pump technology is used to heat up clean, fresh water on a separate circuit from the wastewater. This heat is then used to provide heating and hot water to buildings in the Southeast False Creek.

The residents of the 6,210 apartments in the False Creek neighbourhood get their heat from renewable energy sources, with sewage heat being the largest contributor. This approach is part of a global trend where municipalities are harnessing this underground form of excess heat as they decarbonise their energy networks.

ECUADOR IN TURMOIL

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Ecuador is currently experiencing a wave of violence that has shocked the nation and the world. A country once considered as peaceful, is now ensnared in a fight against the growing power of organized crime.

On January 9th, thirteen gunmen stormed into the studios of the public TV channel TC Televisión in Guayaquil, Ecuador’s largest city, and took journalists and other employees hostage during a live newscast. The violence has been linked to the prison escapes of two criminal gang leaders, which led President Daniel Noboa to declare a 60-day state of emergency.

Streets are largely empty as the country reels from an unprecedented day of violence. Masked gunmen stormed a public TV studio during a live broadcast in the city of Guayaquil and bombs were detonated across Ecuador. More than 130 prison staff are being held hostage by inmates in five jails, the country is highly unstable due to the outrageous ongoings in the nation.

A 60-day state of emergency began after a notorious gangster vanished from his prison cell. The government says the violence is a reaction to President Noboa’s plan to build a new high security prison for gang leaders.
The President Noboa indicated that Ecuador would begin to deport foreign prisoners, especially Colombians, to reduce the number of inmates.

LVMH AND TIKTOK TO JOIN FORCES TO REDUCE COUNTERFEIT GOODS SOLD ON THEIR APP

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Luxury conglomerate LVMH is in discussions with TikTok and its parent company ByteDance Ltd. on a plan for limiting counterfeit products sold on the popular video-sharing app. The aim is to work together to achieve an elevated shopping experience as TikTok expands its marketplace globally.

Toto Haba, senior vice president of global omni-marketing for Benefit Cosmetics, a beauty brand owned by LVMH, has stated that it’s important for them to guard their IP on TikTok Shop. The company is already flagging suspicious looking, benefit branded products to the company.

LVMH, which also includes 74 other brands such as Louis Vuitton, Christian Dior, Givenchy, Tiffany & Co., and TAG Heuer, has an agreement in place with Alibaba Group Holding Ltd. to fight fake goods on its online Tmall marketplace.

This deal could be a major move to help TikTok Shop’s reputation among brands and shoppers in key new markets.

TikTok also fully launched shopping in the US last year and already has ambitious targets, aiming to increase the size of its American e-commerce business 10-fold to as much as $17.5 billion in 2024. This partnership could be a significant step towards achieving that goal.

REAL MADRID BEAT CITY RIVALS ATLETICO MADRID TO ADVANCE INTO SUPER CUP FINALS

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The Spanish Super Cup match between Real Madrid and Atletico Madrid was a thrilling encounter. The match took place at Riyadh’s Al-Awaal Park, also known as the King Saud University Stadium. Real Madrid emerged victorious, defeating Atletico Madrid 5-3 after extra time.

The goals for Real Madrid were scored by Antonio Rudiger, Ferland Mendy, Dani Carvajal, and Brahim Diaz, with an own goal from Stefan Savic. For Atletico Madrid, Mario Hermoso and Antoine Griezmann found the back of the net, along with an own goal from Antonio Rudiger.

This victory allowed Real Madrid to advance to the Spanish Super Cup final3. They will face either Barcelona or Osasuna, who are set to meet in the other semi-final.

CHEF FAILA ENDS COOKING MARATHON AFTER 227 HOURS

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Chef Failatu Abdul Razak, also known as Chef Faila, has successfully completed her attempt to break the Guinness World Record for the longest cooking marathon. The remarkable feat was completed after 227 hours, approximately 9 days and 11 hours.

She began her journey at midnight on January 1st at the Modern City Hotel in Tamale in an attempt to break the current record of 119 hours and 57 minutes held by Alan Fisher of Ireland.

Despite initial plans to go up to 240 hours, the cook-a-thon ended at 10 am on January 10. This impressive achievement has left the whole country and beyond impressed by her endurance. The record is yet to be officially confirmed by Guinness World Records

BLACK STARS OF GHANA ARRIVE IN COTE D’IVOIRE STYLED IN KENTE

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The Black Stars of Ghana, the national football team, arrived in Abidjan, the capital of Côte d’Ivoire, in style on January 10, 2024. They were there for the 2023 Africa Cup of Nations (AFCON) opener against Cape Verde on Sunday, January 14, 2024.

The players and the technical team were dressed in beautiful kente clothing, a traditional Ghanaian attire that symbolizes royalty. The team’s display of Ghanaian fashion was met with cheers at the airport. Despite a disappointing draw in a preparation match against Namibia, the Black Stars were in good spirits.

Ghana is drawn in Group B alongside Cape Verde, Egypt, and Mozambique. After the opener against Cape Verde, they will face record champions Egypt on Thursday, January 18, and Mozambique on Monday, January 22.

EX PRESIDENT MAHAMA TOURS VOLTA REGION

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Former President John Dramani Mahama embarked on a two-day tour of the Volta Region from Thursday, January 11, to Friday, January 12, 2024. This tour, dubbed “Building the Ghana we want together,” was part of his commitment to engage broadly with diverse groups in shaping Ghana’s future.

During this tour, the National Democratic Congress (NDC) presidential candidate engaged with a broad spectrum of stakeholders, including party representatives, traditional leaders, religious leaders, labor unions, farmers, fishermen, artisans, students, lecturers/teachers, and assembly members. This initiative aimed at fostering an inclusive dialogue to better understand the concerns, aspirations, and innovative ideas of the people, which will inform and shape the NDC’s 2024 manifesto.

The Volta Regional Secretary of the NDC, James Gunu, mentioned that as part of these engagements, the NDC flag bearer and former President would outline his cutting-edge policies which would not only transform the Volta region but the country as a whole. These policies are centered around his vision and mission to speed up development, spur growth, and address youth unemployment head-on.

PROJECTED INFLATION RATE IN GHANA FOR 2024

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Living Avenue GH
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Inflation in Ghana has been fluctuating over the years. In 2021, the inflation rate was about 9.98%1. It increased significantly to 31.26% in 2022.

The inflation rate for 2023 was projected to average 37.6%3. However, for the fiscal year 2024, different sources have different projections.

According to Fitch Solutions, it is projected to average 16%, while the African Development Bank (AfDB) maintains that it is expected to drop to about 20.4%.

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