Daily Archives: February 27, 2017
Opportunity to gain knowledge about Global Practices on Islamic Finance
Flights have been a much known mode for travelling across the globe. Globally, travel and tourism is growing as a lucrative industry and generate over 3 billion dollars daily. More to it, the industry contribution to gross domestic product (GDP) exceeds 5% and its annual turnover has been growing at a faster pace than GDP.
Numbeo index at the end of 2016 shows the city of Accra as the most expensive place to live in Africa with a Cost of Living index of 66.24 and Cost of Living plus Rent index of 58.03. In Africa, Accra is followed by Dar Es Salaam, Harare, Tripoli, Addis Ababa, and Johannesburg who had a cost of living index of 56.20, 52.45, 49.14, 47, and 45 respectively; while leading global cities like Madrid and Lisbon in the cost of living. More so, the city is the most polluted in Africa. Accra, the capital of Ghana, in recent years has received increasing number of expatriates and tourists. Hospitality and Real Estate development is on the boom as the city promises to be one of the most fast developing cities in Africa.