Africa50 Group, the pan-African infrastructure investment platform, has announced the successful first close of the Africa50 Infrastructure Acceleration Fund (Africa50 – IAF) on December 29th, 2023, securing $222.5 million in commitments. In an African first, Africa50-IAF secured participation from 16 African institutional investors, including sovereign wealth funds, pension funds, social security funds, insurance companies, banks, […] The post Africa50
Few alliances have sparked as much interest and speculation in the complicated fabric of international relations as between Africa and China. The relationship between Africa and China has received a lot of attention and scrutiny from scholars, policymakers, and the media in recent years, prompting a lot of debate and, unfortunately, reinforcing certain persistent myths. […] The post
Serial Ghanaian entrepreneur Nana Kwame Bediako, widely known as Cheddar or Freedom Jacob Caesar, has expressed his readiness to lead Ghana and Africa with positive intentions and progressive plans. Despite expressing his disinterest in political positions, presidential roles, and power struggles, Cheddar insists he is focused on using Africa’s vast natural resources to develop every […] The post I’m
The Bank of Ghana (BoG) has authorized 16 Foreign Exchange (FX) brokers to commence operations on the Ghana Interbank Forex Market effective January 1 to December 31, 2024. This is in accordance with section 3. 13. 1 of the Ghana Interbank Forex Market rules which provide that local and international FX Brokers who wish to […] The post BOG grants approval to 16
Pan African event, The Convention 2024, has been called off few hours to the programme. The event was scheduled to take place on Sunday, January 7, 2024 at the Independence Square, coinciding with Ghana’s Constitution Day. But the organisers in a statement indicated that the government directed them to call off The Convention a few […] The post Pan African
It was interesting to hear Bank of Ghana (BOG) officials pat themselves on the back because year-on-year inflation had dropped to 26.4% in November 2023, from 35.2% in October 2023 and 54.1% in December 2022. This trend should have been expected, I thought, because of the massive price increases and exchange rate depreciation that were […] The post Togbe Afede XIV writes –
New Africa Foundation is delighted to host The Convention 2024. This event is scheduled to take place on the 7th of January 2024 at the Kwame Nkrumah Independence Square, coinciding with Ghana’s Constitution Day. This event will encompass different facets of African excellence, including thought leaders and artists, all before an eclectic audience, including every […] The post Julius
Nollywood legend Zack Orji’s recent health scare had fans across the continent holding their breath. But, as the new year dawns, comes a wave of relief: the legendary actor is now in stable condition. The good news comes directly from the National Hospital in Abuja, where the legendary actor was admitted to the Intensive Care […] The post Nollywood legend
A landmark pact between Ethiopia and the breakaway region of Somaliland has drawn condemnation from Somalia. Other neighbors also worry about allowing potential naval access to the Red Sea.
A landmark pact between Ethiopia and the breakaway region of Somaliland has drawn condemnation from Somalia. Other neighbors also worry about allowing potential naval access to the Red Sea.
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Some African scientists, and experts
Acclaimed Nigerian musician Oluwatosin Oluwole Ajibade popularly referred to as Mr Eazi has become the first Nigerian celebrity to openly show support for Ghanaian Afua Asantewaa in her bid to break the Guinness World Record for the longest singing marathon. The record is held by Indian Sunil Waghmare, who earned the milestone after singing for […] The post Mr Eazi
Following the recent Akosombo Dam Spillage that displaced residents in Lower Volta, OmniBSIC Bank staff have demonstrated their generosity and commitment to the community through the Bank’s Staff CSR project known as the SEEK Initiative. Recognizing the urgent need for support, the bank’s staff raised funds and donated essential supplies to families now residing at […] The post
The military junta in Burkina Faso, a West African nation struggling to defeat extremist groups, has been forcibly conscripting critics, say human rights organizations.
Newage Agric Solutions Limited, in partnership with evivi rice, has organized a Christmas party for the children of Mepe, one of the worst hit communities of the Akosombo dam spillage, to help them through their trying moments. It was a day of dance, music performances and drama by the kids interspersed with performances from some […] The post Newage
A team of bankers is ordinarily not a regular sight in any health facility in Ghana. Therefore, many patrons of the Madina Poly Clinic might have wondered “why”, when a sharply dressed team from the Universal Merchant Bank (UMB) drove into the clinic’s compound here in Kekele, Madina; a popular, densely populated suburb of Accra. […] The post #UMBCares brings holiday
Ghana’s Afua Asantewaa kicked off her attempt to break the record for the longest individual singing marathon at Akwaaba Village at the airport. The Ghanaian singer is expected to break the longest singing marathon by an individual which lasted 102 hours. The record is held by Indian Sunil Waghmare, who earned the milestone after singing […] The post Afua
The UK is preparing to send a warship to Guyana in a show of diplomatic and military support for the former British colony, the BBC has learned. It comes after neighbouring Venezuela renewed its claim for a disputed part of Guyanese territory that is rich in oil and minerals. The Ministry of Defence confirmed HMS Trent would […] The post Guyana: UK to send
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