In April 2014, the government of Ghana borrowed $46 million from Rome-based IFAD, the International Fund for Agricultural Development, a UN body that, as its name suggests, finds money for countries to fix some of their agricultural challenges. IFAD’s loans often go to support projects targeting agro-processing, food security, improved smallholder farmer productivity, and similar […] The post How
Mr Kobina Tahir Hammond, Minister of Trade and Industry, has asked the US Chamber of Commerce to formally present its concerns to the Ministry for redress. The post
The fastest-growing bank, OmniBSIC Bank, has emerged stronger in the aftermath of the debt restructuring programme, with an impressive performance that resulted in one of the biggest profitability ratios in the banking sector last year. The bank’s profit rose by 218 percent to GH¢150.6 million in 2023, indicating a significant turnaround from the loss suffered […] The post OmniBSIC
The Locked-up Investment Holders Forum will hold a protest today, Wednesday, March 27, 2024, against the Bank of Ghana (BoG). The demonstration aims to urge the central bank to address the issue of investments trapped in BoG-regulated financial entities. In a statement, Dr. Adu A. Antwi, the group’s convener, announced that participants would gather at […] The post Locked-up
Kwahu Praso Rural Bank Limited has been ranked the Best Rural Bank and placed 40th at the 20th Ghana Club 100 Awards for the year, 2023. The award was received on behalf of the bank by the Human Resource Manager, Mr. Bright Mensah Amankwah, who later on presented it to the CEO of the bank, […] The post Kwahu Praso Rural Bank ranked best appeared first on
The Locked-up Investment Holders Forum (LIHF) is set to embark on a series of public protests aimed at pressuring the Bank of Ghana (BoG) to address its concerns regarding locked-up investments. The protests are scheduled to commence on Wednesday, March 27, 2024, and will recur every two weeks until the end of November 2024, unless […] The post Investment holders
The National Film Authority, in collaboration with the Ministry of Tourism, Arts and Culture, hosted the inaugural Film Investment Breakfast Meeting at the Mövenpick Ambassador Hotel in Accra on Wednesday, March 20, 2024. The gathering attracted a prestigious audience, including dignitaries like Hon. Andrew Kofi Egyapa Mercer, Minister Designate for Tourism, Arts and Culture, Deputy […] The post FIB
The maiden Edition of the Ghana-EU Tourism & Investment Summit (GHETIS24) has been held in Paris, France. A private-public collaboration, it sought to promote Ghana’s tourism sector as well as other viable sectors for investment and was held at various locations in the French capital from March 6 to March 8. As celebration of Ghana’s […] The post Inaugural
Electrochem Ghana Limited (EGL), a subsidiary of McDan Group, says it has over the past three years invested more than $88 million in the Songor Lagoon Salt Project. The post
Ghana and Malawi have signed an agreement on a visa waiver regime for holders of ordinary, diplomatic and service passports. The agreement which took effect on February 7, 2024, is designed to enhance the bilateral ties and ongoing collaboration between the two nations. The Ministry of Foreign Affairs and Regional Integration in a statement dated […] The post Ghana signs visa waiver
Niger’s military government announced that it has ended an accord with the US that allowed military personnel and civilian staff from the Department of Defence to operate in Niger – days after holding high-level talks with US diplomatic and military officials this week. “The government of Niger, taking into account the aspirations and interests of […] The post Niger
For Investors: Where technology
The Deputy Chief Executive Officer (CEO) of the Ghana Investment Promotion Centre (GIPC), Yaw Amoateng Afriyie, has reaffirmed the centre’s commitment to creating enabling policies for foreign electric mobility (e-mobility) businesses to thrive. The deputy CEO of GNPC admitted the current bureaucracy that the sector faces in getting the needed approval to operate, adding that […] The post GIPC
Eedris on stage with 50cent In a recent revelation, controversial Nigerian singer, Eedris Abdulkareem, has alleged that American rapper, 50 Cent and his crew physically assaulted and chased several Read More... The post Eedris Claims 50 Cent Flogged P-Square, Others
When it comes to fostering economic development and industrialisation in Africa, one cannot ignore the pivotal role of investment climate reforms. Historically, the investment climate in many African countries has been fraught with challenges, ranging from regulatory bottlenecks and political instability to inadequate infrastructure. The quest for attracting foreign direct investment (FDI) and stimulating domestic […] The post
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