Oforiwa Attipoe, Manager for Global Markets at Stanbic Bank Ghana has said Ghana is well-positioned going into the International Monetary Fund’s (IMF) fifth review under the Extended Credit Facility (ECF) arrangement, citing significant improvements in key economic indicators and continued fiscal discipline. Since the launch of the $3 billion ECF program in May 2023, Ghana […] The post Economy
By Joshua Worlasi AMLANU The government has sealed a bilateral debt restructuring agreement with the United Kingdom, paving the way for the restart of infrastructure projects worth about £170 million (US$207 million). The deal with UK Export Finance (UKEF) extends repayment of Ghana’s bilateral debt to the UK by 15 years. It forms part of […] The post UK debt deal unlocks £170m for stalled
By Wisdom JONNY-NUEKPE Management of PSC Tema Shipyard says the facility is in great need of a significant infrastructure upgrade, requiring an investment of US$50million for complete rehabilitation work. Chief Executive-PSC Tema Shipyard Osman Sulemana was addressing media during a familiarisation tour of the facility by Deputy Minister of Transport Dorcas Affo-Toffey, saying the investment […] The post Tema
The Atwima Rural Bank Plc at Foase in the Atwima Kwanwoma District of Ashanti Region has recorded growth in all financial indicators in the 2024 year under review. The bank recorded a profit of approximately GH¢1.5million from a little over GH¢1million, in the previous year representing 49%. The Bank has recorded a significant growth in […] The post Atwima Rural Bank records 49% growth in
Olam Agri, in partnership with Ennoble Africa Foundation (EAF), has commenced the latest phase of the ‘Big Bake Initiative’ in its quest to empower the youth and women and foster resilient and thriving communities across Ghana. This year’s program takes a major step forward by offering vocational training and mentorship to a group of women […] The post Olam Agri ,EAF launch this
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