In April 2014, the government of Ghana borrowed $46 million from Rome-based IFAD, the International Fund for Agricultural Development, a UN body that, as its name suggests, finds money for countries to fix some of their agricultural challenges. IFAD’s loans often go to support projects targeting agro-processing, food security, improved smallholder farmer productivity, and similar […] The post How
Mr Kobina Tahir Hammond, Minister of Trade and Industry, has asked the US Chamber of Commerce to formally present its concerns to the Ministry for redress. The post
The Locked-up Investment Holders Forum will hold a protest today, Wednesday, March 27, 2024, against the Bank of Ghana (BoG). The demonstration aims to urge the central bank to address the issue of investments trapped in BoG-regulated financial entities. In a statement, Dr. Adu A. Antwi, the group’s convener, announced that participants would gather at […] The post Locked-up
Kwahu Praso Rural Bank Limited has been ranked the Best Rural Bank and placed 40th at the 20th Ghana Club 100 Awards for the year, 2023. The award was received on behalf of the bank by the Human Resource Manager, Mr. Bright Mensah Amankwah, who later on presented it to the CEO of the bank, […] The post Kwahu Praso Rural Bank ranked best appeared first on
The Locked-up Investment Holders Forum (LIHF) is set to embark on a series of public protests aimed at pressuring the Bank of Ghana (BoG) to address its concerns regarding locked-up investments. The protests are scheduled to commence on Wednesday, March 27, 2024, and will recur every two weeks until the end of November 2024, unless […] The post Investment holders
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
The Member of Parliament for North Tongu, Samuel Okudzeto Ablakwa, has criticised the government’s decision to engage a private company for the reclamation of encroached state lands. During a session in Parliament, Minister for Lands and Natural Resources, Samuel Abdulai Jinapor, disclosed that the government had revised its contract with Aynok Holdings Limited, granting the […] The post Govt’s
For Investors: Where technology
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
Flagbearer of the National Democratic Congress (NDC), John Dramani Mahama, has eulogized the late Chief Executive Officer of Access Holdings, the parent company of Access Bank, Herbert Wigwe. Herbert Wigwe, his wife, and son were among six individuals on board a helicopter that crashed in the United States early Saturday, February 10, 2024. The deadly […] The post It’s
The latest Ghana Petroleum Holding Fund (PHF) semi-annual report, released by the Bank of Ghana, shows that the country received over $521 million into its Petroleum Holding Fund (PHF) for the second half of 2023. However, this amount represents a decrease compared to the US$696.82 million petroleum receipts recorded during the same period in 2022. […] The post Ghana’s
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