Ghana is considering selling Africa’s first Samurai bond in 17 years.
Ghana Airports Company Ltd says it has already commenced repayment of loans secured for the $250 million Terminal 3 project at the Kotoka International Airport.
With less than a week to the signing of the agreement to allow free movement and trading among African countries, Nigeria has decided to pull out of the deal.
Ivory Coast is selling 1.7 billion euros ($2.1 billion) of bonds in the biggest issuance of debt in the common currency from an African government, according to a person familiar with the matter.
Banks investment in Treasury Bills (T-Bills) reduced significantly to 57.1 percent at the end of December 2017 from 78.1 per cent the same period the previous year, the latest Banking Sector Report published by the Central Bank has revealed.
Ghana raked in $981 million ($981,158,000) as the value of total exports of cashew in 2016. The country emerged as the number one exporter of cashew in–shell for the year 2016.
Ghana has the highest percentage of women business owners worldwide, with Uganda in third, according to the Mastercard Index of Women’s Entrepreneurship (MIWE).
African Development Bank, (AfDB) and its East and North African Governors have stressed the need for urgent measures to match the continent’s growing population and youth unemployment, which they likened to a “ticking time bomb.”
The Overseas Private Investment Corporation (OPIC) unveiled its global ‘2X Women's Initiative,’ which will mobilize more than $1 billion to projects that support women in developing countries, unlocking the multi-trillion dollar investment opportunity women represent.
World Bank warns of dire consequences for Ghana’s Agric sector if the government does not take steps to address problems within the sector.
The Overseas Private Investment Corporation (OPIC) announced it has committed $2.4 billion to date to the U.S. Power Africa initiative to harness the resources of the private sector to bring more electricity to Africa.
The African Guarantee Fund for Small and Medium-Sized Enterprises (AGF) has entered into a re- guarantee transaction of an amount of up to $74 million with GuarantCo, to increase its guarantee capacity for SME financing.
Groupe Nduom is set to spearhead the cryptocurrency revolution in the country.
Venture Capital Trust Fund and its partners have invested about $90 million into the SME sector since it was set in 2006, Yaw Owusu-Brempong, CEO of the Fund has said.
Delta Capital Ltd., one of Ghana’s fastest growing investment banking firms, last year chalked up spectacular results that stir up the market.
Private Enterprise Federation (PEF) is downplaying assertions that Ghana’s low performance in the latest corruption perception index, CPI, will affect potential businesses from investing in Ghana.
A survey conducted by the Tourism Research and Advocacy Centre (TRAC) reveals that Ghana has over the past 30 years initiated many interventions aimed at empowering tourism to become a major vehicle for the country’s economic transformation.
The first gold pour from the redeveloped AngloGold Ashanti (AGA) Obuasi Mine is expected in the third quarter of 2019.
National Insurance Commission, NIC, has expressed its commitment to provide a cap for injury and death compensations for third parties before the end of the year.
Sandvik has installed the latest cutting-edge automated loading system for Newmont Gold Ghana Limited. This is expected to make mining more convenient.
Bitcoin is proving that cryptocurrencies can erase wealth as fast as they create it.
Ghana’s cocoa regulator, COCOBOD, will sell as much as GHc2.5 billion ($556 million) of debt to pay for liabilities and operational costs while pledging to end subsidies for farmers, according to a deputy finance minister.
Right Consults, an electronic security firm won the ultimate award – the Star Award of the Year, at the maiden Invest In Africa (IIA) SME Excellence Awards held at the Labadi Beach Hotel in Accra.
General Secretary of the Teachers and Educational Workers Union has confirmed receipt of the union’s share of over GH¢3 billion tier-2 pension funds.
Although global Foreign Direct Investment (FDI) fell from $1.81trillion in 2016, to an estimated $1.52trillion in 2017, investment into Africa, and other developing countries stood almost firm, latest investment trends monitor by the United Nations has shown.
Ghana Union of Traders Association, GUTA, said it is petitioning parliament over the redrafting of the existing GIPC law, Act 865.
The Bank of Ghana has cautioned the public on the use of the bitcoin in the country.
The 22nd edition of the International Trade Fair, slated for February 28 to 7th March 2018, is expected to host all 216 districts across the country to showcase indigenous products and services as well as network with foreign partners.
The President of the African Development Bank has made a compelling case for accelerating Africa’s industrialisation in order to create jobs, reduce poverty and promote inclusive economic growth.
President Akufo-Addo has inaugurated a 10-member Board for the Ghana Investment Promotion Centre, GIPC.
These nuggets, in my opinion, represent what could change the face of doing business in Africa for Young Entrepreneurs.
For bond investors, Africa was a happy hunting ground last year. Its local-currency and dollar securities easily outperformed those of emerging markets overall as investors piled into a continent offering high yields and starting to recover from the commodity bust of three years ago.
Vice president of Group Nduom, Papa-Wassa Chiefy Nduom has urged the Bank of Ghana to diversify its investment by placing some of its funds in bitcoin.
The African Development Bank achieved a 100% investment in renewable energy in 2017, a major landmark in its commitment to clean energy and efficiency.
Investors are very upbeat about growth projections and could turn to Ghana for more business, RMB Research’s 2018 outlook on African countries has pointed out.
Cryptocurrencies are gaining popularity across the world, but it appears it may take another five years for a significant number of Ghanaians to understand, trade and use cryptocurrencies.
The World Bank has made the second repayment of bonds issued under an innovative pilot program that uses auctions and price guarantees, delivered in the form of bonds, to promote private sector investment in climate action.
Alessandra Sollberger, 29, first invested in Bitcoin in 2012 when each was worth about $9. She had been reading about it on tech blogs.
Leading digital money transfer service WorldRemit has raised $40 million to drive its next phase of global growth, aiming to serve 10 million customers connected to emerging markets. Half of these customers will be in Africa.
Bitcoin crossed $14,000 (£10,460; €11,870) on Thursday, surging $2,000 in less than 24 hours.
Barclays Africa Group Limited and China Development Bank have signed an MoU aimed at strengthening cooperation and exploring opportunities to fund development projects in Africa.
Africa’s largest philanthropy supporting entrepreneurship – The Tony Elumelu Foundation (TEF) – announced that on January 1, 2018, it will begin accepting applications for the 4th cycle of its entrepreneurship development programme, from outstanding African entrepreneurs who have start-up or business ideas with high growth potential.
Senior Minister, Yaw Osafo Marfo has called on the Ghana Investments Promotion Centre to consider reviewing the criteria that is used to select companies into the Ghana Club 100 rankings. He said the current criteria only favours the banks.
Rebecca Akufo-Addo has assured Chinese investors that their investments in Ghana will always be safe.
From January to September 2017, China was the leading source of investments in terms of project numbers in Ghana. It registered 25 projects.
Digital innovation in Sub-Saharan Africa is being driven by the explosion in mobile phone usage, enabling African consumers to leapfrog existing business models and technologies, according to a research by the Ecobank Group.
International Finance Corporation (IFC), a member of the World Bank Group, co-hosts the Africa CEO Forum to stimulate private investment on the African continent.
Deputy Minister of Trade and Industry, Robert Ahomka-Lindsay has called on African leaders to create a single continental market as a means of promoting inter-regional trade among businesses within the African region.
Ghana and Egypt hold business forum to strengthen the mutual cooperation between the two countries through the promotion of trade and investment.
Deputy Minister of Energy Dr. Mohammed Amin Adam is leading a Ghanaian delegation to the 2017 Oil Trading and Logistics conference in Lagos, Nigeria.
Tony Elumelu Foundation (TEF) has selected 23 Ghanaian entrepreneurs to benefit from the mentorship programme of the TEF for this year.
In an age of austerity in mature economies and slower growth in many of the world’s emerging markets, China’s importance as an international investor is greater than ever before.