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
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
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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
The Agricultural Development Bank (ADB) and five other banks have secured a court order to prevent any sale or transfer of assets of PBC Limited, including its headquarters at Number 106 Olusegun Obasanjo Way, Dzorwulu Junction in Accra. This follows a judgment secured by the six banks against PBC Limited. The other five banks include […] The post ADB,
The Agricultural Development Bank (ADB), alongside five other Banks, has secured a court order to prevent any sale or transfer of assets of PBC Limited including its headquarters at Number 106 Olusegun Obasanjo Way, Dzorwulu Junction in Accra. This follows a judgment attained by the six banks against PBC Limited. The other five banks involved […] The post ADB,
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The Ghana Railway Development Authority has disclosed that only two contemporary diesel-powered trains have been procured from Poland to boost the railway transport system, contrary to media reports that 12 trains have been secured. There were reports that the state has procured 12 trains for the Ghana Railways Company, expected to operate both regional and […] The post We’ve
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The Ashanti regional chapter of the opposition National Democratic Congress (NDC) has strongly criticized the government, accusing it of neglecting the Ashanti region and sidelining it in terms of development. The party specifically points fingers at President Nana Addo Dankwa Akufo-Addo for what they perceive as a deliberate lack of attention and resources directed toward […] The post Akufo-Addo
Some activities of Shipping lines operating in Ghana remain the subject of backlash in Ghana’s ports and logistics sector. Clearing agents operating at the various ports are calling on government to exert some authority over the lines in order to protect the businesses of citizens. Recently, the Presidents of two of Ghana’s freight forwarding associations: […] The post Clearing
President of IMANI Africa, Franklin Cudjoe, is seeking further clarification on the government’s recent decision to procure new trains for Ghana. This inquiry comes in the wake of government’s announcement of purchasing 12 modern diesel-powered trains scheduled to arrive in mid-February, to enhance the country’s railway transportation system. The intended deployment of these trains is […] The post Franklin
The Mobile Money Agents Association of Ghana (MMAAG) has expressed concerns over the alleged harassment of some Mobile Money Agents. The Association described the continuous arrest of its members by individuals over fraudulent activities as unfair. Speaking to Citi News, the president of the Mobile Money Association of Ghana, Dela Dunstan Abotsi, asserted the Association’s […] The post Momo
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Development Bank Ghana (DBG) has partnered with its Participating Financial Institutions (PFIs) to disburse GHS 623 million into the private sector. This capital injection has contributed to the creation of jobs, expansion of businesses, increased revenue, and generation of foreign exchange. DBG’s key highlights in 2023 are captured in a year-end wrapped video on its […] The post
Women-led businesses in the country interested in exporting under the Africa Continental Free Trade Area (AfCFTA) will be given bank loans at a subsidiSed interest rate of 10 percent, Ashanti Regional Director, Ministry of Trade and Industry, Mamuda Osman, has said According to him, this is part of governments effort to support women in business […] The post AfCFTA:
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