The Managing Director of the International Monetary Fund (IMF), Kristalina Georgieva, concluded her visit to Ghana on Monday, 18th March, 2024, following two days of productive engagements. Dr. Ernest Addison, Governor of the Bank of Ghana, bid farewell to the IMF MD, alongside the First and Second Deputy Governors of the bank and the IMF […] The post IMF MD departs
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
Joseph Osei-Owusu, the First Deputy Speaker of Parliament, has indicated that the House may need to confront the Finance Ministry if it does not provide clarity on its indebtedness to the District Assembly Common Fund by the conclusion of June 2024. This concern has been prompted by revelations made by Benjamin Kpodo, the Member of […] The post Parliament
The African Guarantee Fund (AGF) and United Bank for Africa (UBA), on Monday, signed a partnership that ensures that UBA provides US$100million in new loans to small and medium enterprises (SME) and businessowners across the 20 African countries where the bank has presence in Africa. The AGF, under this agreement, will support and guarantee SMEs with US$50million Portfolio […] The post
By Cina Lawson and Rory Stewart For decades, the international community has grappled with the challenge of ending extreme poverty, which is the leading Sustainable Development Goal for 2030. Despite some progress, we remain far off track, with an estimated 700 million people still struggling to survive on less than $2.15 per day. Unlike in […] The post A
For Investors: Where technology
President Akufo-Addo Ghana is likely to lose US$3.8 billion in World Bank financing over the next five to six years if the Human Sexual Rights and Family Values Bill Read More... The post Anti-Gay Bill… Ghana To Lose $3.8bn World Bank Funds appeared
The Akufo-Addo-Bawumia-led New Patriotic Party (NPP) government has announced the setting up of a FinTech Innovation Fund (FIF) to support FinTech start-ups in a move to drive the country’s Read More... The post Govt To Set Up FinTech Fund appeared first on DailyGuide
The ad-hoc committee tasked with probing the issues surrounding the locked-up funds of customers affected by the collapse of Gold Coast Fund Management Limited has postponed its public hearing to Wednesday, February 28, 2024. This adjustment is to make way for President Nana Akufo-Addo’s State of the Nation address in Parliament, scheduled for Tuesday, February […] The post Gold
The ad-hoc committee tasked with probing the issues surrounding the locked-up funds of customers affected by the collapse of Gold Coast Fund Management Limited has postponed its public hearing to Wednesday, February 28, 2024. This adjustment is to make way for President Nana Akufo-Addo’s State of the Nation address in Parliament, scheduled for Tuesday, February […] The post Public
The Government has plans to set up a FinTech Innovation Fund to support Start-ups to drive Ghana’s digital revolution. Vice President Mahamudu Bawumia announced this in Accra on Monday during the official press launch of the maiden 3i Africa Summit. The three-day summit, to be held in Accra, is scheduled for May 13-15, 2024, on […] The post Government to introduce
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
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
Dr. Richmond Atuahene, a banking consultant, says government’s constant borrowing from treasury bills could put Ghana on a trajectory to recession. The post
Zenith Bank has reaffirmed its commitment to the real economy, as evidenced by a slew of measures geared toward empowering Micro, Small and Medium Enterprises (MSMEs) in the country, a move which it describes as ‘true banking’. This renewed dedication was announced by its Managing Director and Chief Executive Officer, Henry Onwuzurigbo, and comes on […] The post Zenith
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