Anthony J. Blinken, the U.S. Secretary of State, tour of Cape Verde, Côte d’Ivoire, Nigeria and Angola from Jan. 21-26 to strengthen the relationship between the United States and Africa. Blinken’s visit was also to accelerate the U.S.-Africa partnership since the U.S.-Africa Leaders Summit held mid-December 2022 in Washington. The visit highlighted the collaborative efforts […] The post

The Hyundai Motor Company and Kia Corporation has unveiled Active Air Skirt (AAS) technology that minimizes the aerodynamic resistance generated during high-speed driving, effectively improving the driving range and driving stability of electric vehicles (EVs). AAS is a technology that controls the flow of air entering through the lower part of the bumper and effectively […] The post

In the early 1990s, every self-respecting American yuppie and retired suburban couple bought an electric bread maker, with sales hitting four million units. But the fad soon faded as these amateur bakers discovered that stuffing a precise quantity and ratio of flour, eggs, butter, yeast, and salt into a metal box takes time and costs […] The post Are electric cars a dead end?

The World Health Organization’s World Malaria Report 2023, released at the end of 2023, paints a concerning picture of the global state of malaria in 2022. Despite continued efforts, malaria remains a significant public health challenge, with both malaria incidence and mortality higher now than they were before the start of the COVID-19 pandemic. This […] The post A

Standard Chartered Wealth Management Chief Investment Office (CIO) has released its Outlook 2024 report, outlining its investment strategy for the year ahead. The US and other major economies are likely to witness sharply slower growth and sliding inflation in 2024. Equity and bond markets are expected to start 2024 positively, supported by hopes of a […] The post Sailing with the wind

In Africa, it is estimated that small and medium-sized enterprises (MSMEs) make up approximately 90% of all businesses and contribute to over two-thirds of employment opportunities. These enterprises are also becoming hubs of innovation. This upward trajectory underscores the vast potential of MSMEs to drive Africa’s socio-economic growth and actualize the goals of the Africa […] The post

The year 2023 was tough economically, as many business owners, operators and consumers alike attest. Prices of goods skyrocketed. Interest rates were too high for business. Business leaders complained of how difficult it was to do business. Ghana’s industrial sector, according to a World Bank report, contracted by 2.2%. Oil and gas, manufacturing, water and […] The post Perform or perish

British High Commissioner Harriet Thompson has expressed the UK’s readiness to collaborate with Ghana to advance electric vehicles (EVs). “We are thinking about it in the long term¸” the High Commissioner said at an auto investor reception at her residence in Accra. She added: “We are not only here thinking about what are the opportunities today, but we are also very much interested in how the sector […] The post

In a collaborative effort to mark the International Day of Education 2024, Karpowership Ghana joined forces with the Ghana Commission for UNESCO, with unwavering support from the Takoradi Technical University (TTU) SRC. The event, themed ‘Learning for Lasting Peace’, aimed to raise awareness of the crucial role of education and teachers in countering hate speech, […] The post

The Development Bank Ghana has injected more than GH¢1billion into the private sector since its inception in June 2022, its Chief Executive Officer, Kwamina Duker, has revealed. This investment, he noted, has played a pivotal role in fortifying over 80 businesses, resulting in the creation of over 6,000 jobs. Thirty-eight percent of these jobs have […] The post DBG

A final year Human Resource (HR) student of the KNUST School of Business (KSB) at the Kwame Nkrumah University of Science and Technology, Emmanuel Jason Asare, has paid the school fees for some 11 needy students for the 2023/2024 academic year. In all, Jason Asare – who is also a businessman – paid almost Gh?20,000 […] The post KNUST final year student

In a ground-breaking collaboration, Oxford Business Group (OBG) and the Africa Prosperity Network (APN) are joining forces to spearhead the APN initiative to identify and address bottlenecks in manufacturing, adding value, and trading within the African continent. This strategic partnership signifies a commitment to shedding light on Africa’s economic landscape, particularly in Ghana and the […] The post

SEND Ghana, a policy research and advocacy civil society organisation (CSO), has raised serious concerns about the high number of out-of-school children and the current quality of education in the country, calling for a reevaluation of educational priorities for a balanced and comprehensive approach. On the occasion of the sixth International Day for Education (IDE), SEND Ghana […] The post

A group of over 50 civil society organisations (CSOs) in education, including Africa Education Watch (Eduwatch) and Institute for Education Studies (IFEST), are demanding the release of some GH¢9million Ghana Education Trust Fund (GETFund) budgetary arrears, which they said remains unaccounted for. The amount, they explained, should have been disbursed in 2023 for infrastructure at […] The post

The Ghana National Chamber of Commerce and Industry (GNCCI) has urged the Monetary Policy Committee (MPC) of the Bank of Ghana to, at its next meeting, slash the monetary policy rate (MPR) by at least 200 basis points, so as to revive struggling businesses and foster economic growth. In a statement issued before the MPC’s […] The post GNCCI

GVCA/Big 3 professional service firms collaborate on campaign KPMG, PwC, and Deloitte, the three of the ‘Big Four’ Professional Service firms, namely, have officially launched a campaign aimed at increasing advisory and tax services, bolstering capital raising efforts for Small and Medium Enterprises (SME’s) in Ghana. The campaign is supported by the Ghana Venture Capital […] The post SMEs’

The International Finance Corporation (IFC) has emphasised the critical need for a consistent and business-friendly regulatory framework in lifting investor confidence. IFC’s Senior Country Manager for Ghana, Sierra Leone and Liberia, Kyle Kelhofer, speaking at the Ghana Mutual Prosperity Partnership Roundtable with German businesses in Accra, said an improved regulatory and favourable investment climate will bolster the […] The post

The Ministry of Finance and the Ghana Revenue Authority (GRA) have set a tax target of GH¢146billion for the 2024 fiscal year. This year’s amount represents a 37.7 percent increase from the GH¢106billion collected in the 2023 operational year. GRA’s Commissioner-General Dr. Ammishaddai Owusu-Amoah, who disclosed this to the B&FT at the authority’s Customer Experience […] The post

The Office of the Special Prosecutor (OSP) has discontinued its case against Cecilia Abena Dapaah, a former Minister of Sanitation and Water Resources, and her spouse, Daniel Osei-Kufour, referring the case to the  Economic and Organised Crime Office (EOCO). The Special Prosecutor, Kissi Agyebeng, announced the decision during a press briefing aimed at updating the […] The post