The Board of Directors of the African Development Bank have approved a US$7 million grant from the Sustainable Energy Fund for Africa (SEFA), for technical assistance in setting up a mini-grid acceleration initiative to meet the needs of the continent’s fast-evolving renewable mini-grid industry. The Africa Mini-Grid Market Acceleration Programme (AMAP), which aims to boost energy […]
Category: Business
MTN Ghana wins big at 2020 Project Management Awards
MTN Ghana has emerged tops at the 2020 edition of the Project Management Awards held in Accra. The awards, currently in its second year seeks to recognise and award excellence in Project Management.
Ecobank Group wins Awards from EMEA Finance, The Banker and Global Finance
Leading pan-African banking group, Ecobank, has won awards from EMEA Finance, The Banker and Global Finance.
ECOWAS Ministers in Charge of Telecom, ICT and Post meet on digital transformation
Ministers from ECOWAS Member States in charge of Telecommunications/Information and Communication Technology (ICT) and Post, met virtually on November 26, 2020 to deliberate and firm up a common position on laying the foundation to support a secure cyber environment in the region.
IX Social App makes trading accessible to everyone
Internet adoption has more than doubled globally since 2010, however, the majority of countries with lower rates of internet access are in Africa, according to the World Economic Forum.
Post COVID-19: Put small-scale traders at the heart of any initiative – Industry experts
Industry experts meeting this week for a virtual discussion focused on resetting, retooling and restarting regional integration in Africa in the wake of the COVID-19 pandemic, underscored the importance of putting small scale traders at the heart of any initiatives. The joint webinar, organized on Tuesday by the African Development Bank (AfDB) and Korea Customs Service […]
Opinion: Why Ghana needs a new financial sector regulation architecture
Ghana’s financial sector is in crisis. A crisis occasioned by the collapse of over 300 financial institutions; and which has affected every division of the financial sector. Universal banks, savings and loans companies, microfinance companies, capital market institutions, and insurance companies have been impacted. While majority of the collapsed institutions were licensed and regulated, a […]
APICORP extends $50m to Yellow Door Energy to finance solar projects
The Arab Petroleum Investments Corporation (APICORP), a multilateral development financial institution, has signed a US$50million revolving construction facility with Yellow Door Energy Limited, to develop solar-PV plants in the region with key emphasis on Jordan and Pakistan.
Gov’t demand for bribes skyrocketing in Ghana – American Investor
An American Businessman and Managing Director of Alafei Foods Company Limited, Claude D Convisser has linked the slow growth of Ghana’s economy to the continuous demand for bribes by people in authority from potential investors.
You can now buy Waakye, pay for trotro with Universal QR Code – Dr Bawumia
Ghana has become the first country in Africa and 3rd country in the world to roll out a national Quick Response (QR) Code payment system, following the formal outdooring of Ghana’s Universal QR Code on Thursday, November 19, 2020.
Businessman sues Gomoa East NDC parliamentary candidate over ‘shady’ deal
A businessman, Akwasi Adjetey, has filed a suit at an Accra High Court against the National Democratic Congress (NDC) parliamentary candidate for Gomoa East, Desmond Degraft Paitoo, demanding an amount of GH₵498,815.85, from the politician for allegedly destroying his business.
Dumsor looms: Pay us or we shut down – IPPs to Gov’t
Ghana may soon plunge into darkness just like it witnessed during the days of Mr. John Dramani Mahama as President of the Republic, if government fails to act swiftly.