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Jagran PostI was a victim of sexual abuse: AnoushkaJagran PostNew Delhi: In a major revelation, Anoushka Shankar, daughter of legendary sitarist Ravi Shankar on Tuesday said that she suffered sexual and emotional abuse for several years during her teenage. Speaking at launching of a website, Anoushka said, "As a ...and more »
Actis, the most experienced private equity real-estate investor in sub-Saharan Africa, has confirmed the signing of a joint venture agreement with Mabani Holdings Ghana Limited, a leading real-estate development company with an extensive property portfolio in the country and West Africa.
The joint venture will see Actis and Mabani working together on a 70,000 square metre mixed-use office, hotel, residential and retail development on a seven-acre site in central Accra. The project is already in advanced design development and is expected to break ground in the first quarter of 2014.
Actis Head of Real Estate, David Morley, said: â€œThis latest development will be Actisâ€™s third real-estate project in Ghana following the success of Accra Mall, and One Airport Square which will be completed in mid-2014.
â€˜We are delighted to partner with Mabani, a company with a long track-record in West Africa and one which shares our vision of the investment opportunity in Ghana and our commitment to developing quality, sustainable real-estate,â€ he said
Ghassan Yared, CEO of Mabani Holdings said: â€œThis partnership is testament to our belief in the dynamism and viability of the economy, and our desire to contribute to and support the ongoing development of our country.
We are proud to be associated with Actis and its outstanding record in real-estate development in sub-Saharan Africa, and look forward to bringing world-class, quality commercial and residential development to Ghana."
The World Bank Vice President for Africa Makhtar Diop will make his first official visit to Ghana later this week for talks with President John Dramani Mahama, senior government officials, as well as women, business and civil society leaders between February 14 and 15.
A statement issued in Accra by the World Bank Accra office said Ghana joined the World Bank in September 1957 in a development partnership that Vice President Diop describes as having grown strongly.
The bank noted that over the past several decades, â€œwe are happy to see Ghana continuing to make major strides in maintaining its high economic growth while investing in health, education, and job opportunities for its peopleâ€.
At the end of the visit, he will hold a dialogue session with the media.MakhtarDiop is a former Senegalese Economy and Finance Minister. From 2009-2012, Mr. Diop was the Country Director for Brazil, managing the World Bankâ€™s largest country programme.
Prior to this appointment, he served variously as Director for Strategy and Operations in the Latin American region; Director for Finance, Private Sector and Infrastructure in the same region; and Country Director for Kenya, Eritrea, and Somalia.
Before joining the World Bank, Mr. Diop also worked as an economist at the International Monetary Fund in Washington DC.
Mr. Diop has had extensive experience in banking and finance in the Africa region.
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