Alan Assibey

Commodity trader with over 18+ years experience on African markets. Web3 enthusiast, that believes tech and blockchain can revolutionize the continent.

[World Bank Group @WorldBankGroup]

The global economy is expected to stabilize for the first time in 3 years in 2024—but at a level that is weak by recent historical standards.

Read the Global Economic Prospects 2024 report ➡️https://t.co/WbE2Db74a9 #GEP2024

[Alan Assibey @assibey65]

5. In my opinion the BoG over the last 16 years have lacked innovation in spite of the technological advances.

[Alan Assibey @assibey65]

3. Unfortunately since then successive Ghana have rewound part of the policy to the point where we are probably further back than the PNDC era in term of policies to control forex.

[Alan Assibey @assibey65]

4. These draconian policies has further entrenched black market operations, which is probably where the rumours of the BoG being in bed with black market operators have emerged.

[Alan Assibey @assibey65]

2. Kuffour attempts to liberalise the industry by creating the off-shore banking, led dollars being parked in Ghana both on shore and off shore.

[Alan Assibey @assibey65]

Bank of Ghana's Forex Bureaux policy is likely to encourage black market activities - Economist https://t.co/554ffEFcsH

[Alan Assibey @assibey65]

1. All these draconian policies and attempts to restrict dollarisation has had the opposite effect. Each time the BoG has made an announcement it has created further public panic, which results boost in the demand for dollars.

[Steve Hanke @steve_hanke]

"Politicians are like bad horsemen who are so preoccupied with staying in the saddle that they can't bother about where they're going." – Joseph A. Schumpeter

[Alan Assibey @assibey65]

@GhanaBlackstars @Williaaams45 Happy Birthday @Williaaams45. Really wish you were part of the recent call up.

[Alan Assibey @assibey65]

@GhanaBlackstars Where's inaki Williams??? He may not have scored thus far but still deserves to be part of the squad

[Alan Assibey @assibey65]

@agaciou Eeeiii $40m, as for this derr it's not lie....😂😂😂. Lier bwoy

[Alan Assibey @assibey65]

@thompsonb2569 Yep

[Alan Assibey @assibey65]

@Jessicakhan36 Happy birthday

[Alan Assibey @assibey65]

@SkRichLife @YayraKoku Did it, tho? I just saw a post that says different 😳

[Alan Assibey @assibey65]

@NatRaynolds @YayraKoku This is probably one of the most intelligent responses I've seen on X in a while. Well said bro

[Alan Assibey @assibey65]

Idk the whole story, but it's stories like this that result in the low levels of investment and high interest rate. Things have got to change for the continent to achieve its real potential

[XKayB @KwameHR]

This guy returned from US 2 set up a goat farm in Berekum investing Gh5M. He’s been training others to set up their farms, jobs for others.
He’s been given 2 weeks to close down his farm bcos the town’s tradition forbids the rearing of goats. Yes, after 5 years

[Alan Assibey @assibey65]

@thompsonb2569 Amen 🙏🏾

[Alan Assibey @assibey65]

@_LoveLike_JESUS AMEN 🙏🏾 🙏🏾

[Alan Assibey @assibey65]

@1Farakhan @BBSimons I don't understand why we as citizen believe this BS. The entire IMF bailout is USD 3 billion, each tranch is some where in the region of USD600M. How can we believe that NPP will offer Ken USD800M to drop out of the NPP premieres.

Let be real 😏

[Alan Assibey @assibey65]

@thompsonb2569 Yes