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
By Buertey Francis BORYOR The Minister for Finance, Dr. Mohammed Amin Adam has reiterated the government’s commitment to the Eastern Region, particularly its first share of infrastructural development. “In this year’s budget we allocated about GH¢4 billion to the Ministry of Roads in order for us to be able to make payments to contractors so […] The post Gov’t
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
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
Togbe Afede XIV, the Agbogbomefia of Asogli, has been invited to be a “distinguished panelist” at Harvard’s Africa Development Conference (ADC), set to take place on the 12th and 13th of April 2024 at Harvard University in Cambridge, Massachusetts. ADC stands as the premier global platform for meaningful discourse on Africa’s development and facilitates crucial […] The post
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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
A delegation from the Global Community Engagement and Resilience Fund (GCERF), led by the Board Chairman Mr. Stefano Manservisi, visited Ghana to discuss collaborative efforts in countering violent extremism. During the visit, the team paid a courtesy call on the President of the Republic, HE Nana Addo Dankwa Akufo Addo, the Minister for National Security, […] The post GCERF
Groups in the Eastern Region have condemned the killing and shooting of individuals in Bepong Kwahu. The groups comprise the Kwahu One Alliance for Development, Unit Committee, and Assembly members in the area. Two people were reported dead after allegedly being hit by stray bullets fired by the police during the melee to disperse the […] The post Groups condemn Bepong Kwahu shooting
Vice-Chancellor of the University of Cape Coast (UCC), Professor Johnson Nyarko Boampong, says the management of the school has embarked on several infrastructure developments to augment the infrastructure deficit the school faces. The Vice-Chancellor, who was speaking at the 56th congregation of the University, noted that the school has embarked on the construction of lecture […] The post UCC
The government of Italy unveiled a near US$6 billion plan to support African development at a one-day Italy-Africa plan in Rome last week. African Development Bank Group President Dr Akinwumi Adesina joined 25 African leaders and European Union officials at the summit. The summit–which took place as Italy assumes the Presidency of the G7 this […] The post Italy
To facilitate the resumption of schools in the Mepe traditional area, the epicentre of the Akosombo Dam flood disaster, the Mepe Development Association (MDA) has relocated over 400 displaced persons from various safe havens, including St. Kizito Senior Technical School. The displaced persons, most of whose homes were destroyed by the flood, have been moved […] The post Mepe
The Ghana Integrated Aluminium Development Corporation (GIADEC) has reached a partnership deal with Mytilineos Energy and Metals toward building an alumina refinery in the country. The agreement pertains to Project 3A, one of four projects under the Integrated Aluminium Industry (IAI) projects at Nyinahin-Mpasaaso in the Ashanti Region. Under terms of the agreement, Mytilineos – a Greek company – will spearhead the development of a […] The post
Ghana’s MIIF has stepped up efforts to attract North American partners into the Ghanaian mining space. MIIF, the sovereign minerals fund of Ghana, was created by law to manage the equity interests of the Government of Ghana in mining companies and collect and manage mining royalties due the state for purposes of investment. M 11F […] The post MIIF
With over 60% of Ghana’s population living in rural areas, developing rural education to propel national development should be a reason d’ȇtre. Ghana’s rural development requires critical attention. The usual pittance thrown to rural dwellers particularly during electioneering periods are cardinal sins that political parties must desist from and rather pursue lasting solutions to the […] The post
The Ekumfi Traditional Council has expressed disappointment in President Nana Addo Dankwa Akufo-Addo over comments he made, indicating that he intentionally sidelined Ekumfi residents from benefiting from the national cake because they voted against the New Patriotic Party’s Parliamentary candidate Kingsley Ato Cudjoe in the 2020 elections. The Traditional Authority is also demanding scientific data […] The post Ekumfi
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
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