As Ghana crashed out of the ongoing World Cup match in Brazil, a former regulator is gearing up to give the country its first hedge fund. Maxwell Gidi has founded Tikowrie Capital in Ghana and the firm’s maiden fund, which formally opens to investors today, aims to raise in excess of GHC5 million (US$1.5 million) over the next three weeks. Gidi hopes the commodity- and currency-focused firm will have between GHC30 million and GHC50 million under management within five years. “The appetite of

By the end of December 2014, passengers travelling through the Kotoka International Airport (KIA) would have some relief from the congestion and long queues that characterize activities at the arrival and immigration halls at the airport. The Ghana Airport Company Limited (GACL) began work two weeks ago on the Terminal 2 arrival hall expansion project, which according to officials, is expected to add an additional 5,148 m2 floor area to the existing 6,031m2 and would last until the end of 2015. The