By Joshua Worlasi AMLANU and Ebenezer Chike Adjei NJOKU The value of securities listed on the Ghana Stock Exchange (GSE) has soared past the GH¢400billion mark, equivalent to approximately US$27billion according to latest data from the bourse. Consequently, market capitalisation represents around 39 percent of GDP as of March 2024 – which was GH¢1.05trillion. The […] The post GSE
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
World Environment Day, celebrated annually on June 5th, is a global platform for raising awareness and fostering action to protect our environment. This year’s theme, “Ecosystem Restoration,” emphasizes the urgent need to revive and restore ecosystems that have been degraded or destroyed. As the world confronts environmental crises, Ghana stands at a critical juncture where […] The post
The integrated Emirates Field Hospital in Abéché, Chad, which provides medical care and treatment services to Sudanese refugees, has received more than 9,000 patients since its opening on April 8th. The establishment of the field hospital is part of the support provided by the UAE to the Sudanese people affected by the difficult conditions caused […] The post
African Export-Import Bank (Afreximbank) and the Africa Petroleum Producers’ Organisation (APPO) have announced the historic signing of the Establishment Agreement and the Charter of the Africa Energy Bank (“AEB”) The signing ceremony which held at the Ministry of Petroleum and Mineral Resources of the Arab Republic of Egypt was hosted by H.E. Eng. Tarek El […] The post
In recognition of World Environment Day 2024 under the theme; ‘land restoration, desertification, and drought resilience’, AstraZeneca has highlighted its commitment to tackling climate change and biodiversity loss—two of the most pressing challenges of our time. Aligned with the UN Environment Programme’s call to action for #GenerationRestoration focused on three priorities: reviving lands, ending desertification, […] The post
Twellium Industrial Company Limited, a renowned leader in non-alcoholic beverages, water, biscuit and cake production, triumphed at the 8th Ghana Manufacturing Awards (GMA), securing three prestigious accolades. The event at the Kempinski Gold Coast Hotel in Accra celebrated the company’s excellence in the manufacturing sector. Twellium clinched the titles of Best Confectionery Producing Company of […] The post
Angela List, the Chief Executive Officer (CEO) of Nguvu Mining Limited and Adamus Resources, has presented 150 boxes of sanitary pads to some schools in the Ellembelle District of the Western Region. The beneficiary schools are; Anwia Catholic, Nkroful Methodist, Nkroful Catholic, Nyaniba Basic, Asanda SDA and Kikam Methodist and host of others to commemorate […] The post
By Kestér Kenn KLOMEGÂH In this interview, Dr. Robert Sogbadji, deputy director in charge of nuclear and alternative energy, explains that Ghana will select by December 2024 a foreign company to build its first nuclear power plants. He says nuclear energy sector has been a hot topic for the government as it plans to operate the first […] The post Foreign
Sustainability is gaining traction across industries, including banking and finance. We would love to hear your thoughts on its broader importance and its specific impact on your institution. Sustainability is a rising concern across industries because businesses need to be responsible stewards of resources, not just profit machines. This benefits everyone: it is good for […] The post
By Kizito CUDJOE and Deborah Asantewaah SARFO The Minister of Lands and Natural Resources, Samuel Abu Jinapor, has announced plans to plant at least 10 million seedlings across the country as a target for the 2024 ‘Green Ghana Day’ campaign – the country’s flagship environmental initiative to boost its green cover. The latest drive, according […] The post 2024
The Church of Jesus Christ of Latter-day Saints has once again proved its commitment to education in Ghana by donating an ultramodern 6-unit classroom block and a 10-seater restroom facility to Odorgonno Senior High School in the Ga Central Municipality of the Greater Accra Region. The donation, made in collaboration with the office of Dickson […] The post
Genser Energy, a Ghanaian-owned independent power producer, recently hosted engineering students from Kwame Nkrumah University of Science and Technology (KNUST) and the University of Mines and Technology (UMaT) at its Anwomaso Branch and Metering Station (ABMS) in Kumasi. This visit, part of Genser’s ongoing education and training programmes, aimed to bridge the gap between theoretical […] The post
Guaranty Trust Bank (Ghana) Ltd., is proud to champion sustainable practices that protect our world, our planet. In the celebration of this year’s ‘World Environment Day’ under the theme “Land restoration, desertification and drought resilience,” the bank recognizes the importance of healthy ecosystems and is committed to playing its part in environmental preservation. GTBank’s dedication […] The post
By Kizito CUDJOE The country is taking centre-stage in global observance of World Environment Day (WED) on June 5, 2024 – emphasising its commitment to the theme ‘Land Restoration, Desertification and Drought Resilience’. Celebrated under the national slogan ‘Our Land, Our Future’, Ghana’s initiatives highlight its proactive efforts to restore degraded landscapes and build resilience […] The post
By Juliet Aguiar DUGBARTEY, Takoradi The Benso Oil Palm Plantation (BOPP) PLC financial performance, remained strong despite the global challenges in 2023. The company, implemented efficient policies and robust risk management systems which have yielded positive results. It achieved Year-on Year (YoY) revenue increase driven by 13% growth in sales volumes. “This accomplishment is noteworthy, […] The post
By Haruna Seidu It was refreshing and heartwarming to have witnessed a significant milestone achieved towards continental integration when the Africa Continental Free Trade Area (AfCFTA) agreement was signed and ratified by many member states. Subsequently, with the introduction of the Pan Africa Payment & Settlement System (PAPSS) by Afreximbank, which is the clearing and […] The post FEATURE:
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