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Al Jazeera
Al Jazeera
Business
Kent Mensah

How Ghana, Africa’s rising star, ended up in economic turmoil

As inflation surges, rising prices keep the cost of living accelerating for Ghanaians [File: Luc Gnago/Reuters]

Accra, Ghana – Doris Oduro sits at her small, almost-empty store in Odorkor, a suburb of Ghana’s capital, Accra. The single mother of two feels frustrated. After 15 years in business, she is now considering closing because she cannot restock her shop due to the high cost of living.

“I am running at a big loss,” Oduro, 38, told Al Jazeera. She sells imported items, including juices, biscuits, soft drinks, toiletries and sweets, but Ghana’s economic crisis is taking a huge toll on her business.

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