Last month, the African Union launched the Africa Medical Supplies Platform to facilitate the production and provision of vital medical equipment – the latest achievement in an already impressive response to the COVID-19 crisis. Yet, in the same week, it was revealed that most of Nigeria’s federal government revenue was going to debt-service payments, and […] The post Mo
The West African Insurance Company Association (WAICA) secretariat based in Accra, Ghana, has announced the cancellation of the 2020 WAICA annual general meeting and educational conference that was scheduled for July and November respectively in Monrovia Liberia, this year. The cancellation was communicated to all member-companies in a letter dated June 30, 2020, and was […] The post WAICA
Newmont Ghana’s Ahafo Mine has donated Personal Protective Equipment (PPE) worth GH¢77,460 to the Regional Hospital in Sunyani and St. Elizabeth Hospital at Hwidiem in the Bono and Ahafo Regions respectively, to help them fight against COVID-19. The donation was a response to requests by the hospitals, and builds on other contributions and efforts already implemented […] The post Newmont
Fidelity Bank in partnership with Fidelity Securities Limited held the second edition of its thought leadership series, Fidelity Presents…with a focus on asset and wealth management for individuals and organizations. The webinar, which streamed live on Facebook on the theme, COVID-19 Asset and Wealth Management Realities: Tapping the Right Opportunities for Growth, brought together seasoned […] The post Webinar
Africa’s leading Beverage giant, Kasapreko Company Limited, has outdoor Puma Drinks – an addition to its growing range of products. The product was launched in Accra in partnership with Metro Mass Transit (MMT). Speaking at the launch, Commercial Director of Kasapreko Company Limited – Mr. Gerald Bonsu, said that the decision to introduce Puma Drinks […] The post Kasapreko
Telecommunication Infrastructure provider, ATC Ghana, has in partnership with the American Tower Foundation donated US$100,000 to the Noguchi Memorial Institute for Medical Research (NMIMR) to assist in the fight against the coronavirus disease (COVID-19) in Ghana. Chief Executive Officer of ATC Ghana, Yahaya Yunusa, speaking at the presentation ceremony said the donation is very strategic […] The post Noguchi
So far, an estimated US$324million worth of drilling, acquisition and interpretation of seismic, geological and geophysics data projects have been postponed across the petroleum upstream sector, the National Petroleum Commission has said as the coronavirus pandemic continues to wreak havoc on the country’s oil and gas industry. Among them is included the Eban 1X exploratory […] The post US$324m
The International Energy Agency (IEA) bumped up its 2020 oil demand forecast last week Friday but warned that the spread of COVID-19 posed a risk to the outlook. The Paris-based IEA raised its forecast to 92.1 million barrels per day (bpd), up 400,000 bpd from its outlook last month, citing a smaller-than-expected second-quarter decline. “While […] The post IEA
Kenya’s shilling will come under pressure this week, while Tanzania’s will likely hold firm, traders said. Uganda’s shilling was seen strengthening, Zambia’s kwacha holding ground and Nigeria’s naira weakening. KENYA The Kenyan shilling will likely come under pressure due to increased dollar demand from the energy sector and from importers as COVID-19 restrictions ease and […] The post AFRICA-FX-Kenya’s
The Ghana Employers’ Association (GEA) association has said that employers cannot be blamed for the recent surge in COVID-19 cases at the workplace; because employees, who are expected to take up more responsibility, be mindful of the disease and follow the COVID-19 safety protocols strictly, are reneging on their part of this duty. Chief Executive […] The post Employers
As COVID-19 cases continue to increase in AGRA-focus (1) countries, food insecurity remains a concern as economies suffer, AGRA’s COVID-19 Situation Report Number 5 for July 2020 states. With slowing growth across Africa, governments are launching new initiatives to mitigate the impacts of COVID-19 and bring agriculture to the forefront of economic recovery. Food prices […] The post AGRA’s
As the Finance Minister, Ken Ofori-Atta, prepares to deliver the mid-year budget statement sometime this month, the Oil Palm Development Association of Ghana is persisting in its plea for government to create a level playing field for local industry and importers by exempting vegetables oils from the 50 percent reduction on benchmark value, as the […] The post Reverse
Local fishermen can expect to power their fishing boats with state-of-the-art outboard motors as the Agricultural Development Bank (ADB) pre-financed the purchase of 1,300 outboard motors at a cost of GH¢19.8million for the Coastal Development Authority (CODA) and the Ministry for Fisheries and Aquaculture Development. The 1,300 outboard motors, which were presented to the authority […] The post Fisheries
Renewable energy offers a clean and sustainable future for Ghana and Africa in a post COVID-19 world, Raymond Nuworkpor, Research and Policy Analyst at the Institute for Energy Security (IES), has said. “It is the resilience of renewables to the COVID-19 pandemic, combined with the falling cost of power generation from renewable energy resources, that […] The post Post
…to enforce environmental bye-laws As part of efforts to maintain and sustain good sanitation in major cities of the country, the Ministry of Sanitation and Water Resources (MSWR) in partnership with Zoomlion Ghana Limited (ZGL) has donated five (5) double-cabin pickup vehicles to the Ghana Armed Forces (GAF). The move is to enable personnel of […] The post Sanitation
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