Ghana has secured a major financial boost for its development aspirations, inking a US$2 billion framework arrangement with South Korea’s Economic Development Cooperation Fund (EDCF). The deal, signed at the 2024 Korea-Africa Summit, will bolster the implementation of Ghana’s key priority programs spanning infrastructure, agriculture, health, education, energy, roads and transport as well as ICT […] The post

Arndt Wierheim, the Country Director of German Development Bank, KfW, has commended the organisers of the 3i Africa Summit, the Bank of Ghana (BoG) and the Development Bank Ghana (DBG) for their focus on financial technology (FinTech) and lauded the DBG, specifically, for the development bank’s support for FinTech companies in Ghana, asserting it is […] The post KfW

By Wisdom JONNY-NUEKPE Nigerian oil palm company Presco Plc. has acquired a 100 percent equity stake in the Ghana Oil Palm Development Company (GOPDC). The acquisition, according to Presco, is worth some US$124.9million. However, Presco will make an initial deposit of US$64.9million, with the balance to be settled in future. Presco expects that the deal […] The post Oil

By Rashidatu IBRAHIM In order to mitigate the risk of cybercrime and security breaches while utilising AI in the country’s digital systems, it is critical to implement robust cybercrime laws, regulations and other necessary measures, Moses Kwesi Baiden, Chairman, Executive Director and Chief Executive Officer (CEO) of Margins ID Group, has said. According to him, […] The post