Findings from the 2024 chocolate Scorecard has shown that the chocolate industry globally grapple with child labour, deforestation and climate change.
The chocolate scorecard revealed that the industry was grappling with child la…
New SITA white paper highlights how biometric-driven IT solutions are being successfully rolled out around the world
In 1930, there were only around 6 000 passengers travelling by air. By 1934, this had risen to just under 500,000*. Fa…
ENGIE Energy Access (EEA) Head of Funding Marie Testard will discuss unlocking clean energy finance at the Invest in African Energy (IAE) forum, taking place in Paris this May. EEA represents the leading mini-grid and off-grid Pay-As…
A delegation from Africa-focused oil and gas upstream company Afentra has joined the African Energy Week (AEW): Invest in African Energy 2024 conference – Africa’s premier event for the energy sector – scheduled for November 4 – 8 in…
THE high level of inflation in the country is changing consumer spending, according to a report. Authored by SumsureIQ, the report suggested a shift in Fast-Moving Consumer Goods (FMCG) spending and shopping pattern in Ghana, with the outc…
The International Air Transport Association (IATA) released data for February 2024 global air cargo markets showing continuing strong annual growth in demand.
· Total demand, measured in cargo tonne-kilometers (CTKs*), rose b…
STAKEHOLDERS in the coffee sector are advocating for strategic pricing as pertains in the cocoa sector. This is to help revive the industry and facilitate Ghana's coffee sector to enable it to reclaim its position in the global market.
…
Hubtel, a leading Ghanaian payment services provider, has announced the completion of commercial agreements with the Electricity Company of Ghana (ECG), the country’s biggest power distributor. This partnership has transformed ECG’s operat…
TO enhance cross-border trade through trade facilitation and finance, the negotiation team on the African Continental Free Trade Area (AfCFTA) Protocol on Women and the Youth should prioritise addressing challenges faced by women traders, …
The Head of SME & Retail Banking at Zenith Bank, Gloria Cabutey-Adodoadji has urged businesswomen to leverage the golden opportunities of the African Continental Free Trade Area (AfCFTA) agreement to expand their reach and grow their busin…
Fidelity Bank Ghana, the nation’s largest privately-owned bank, has been recognized by Ianmatsun Global Services at a ceremony held at the Kempinski Gold Coast Hotel for its steadfast commitment to gender equality. The Bank secured a covet…
MTN Ghana Foundation has constructed and handed over an ultra-modern Robotics Centre to the Mamfe Methodist Girls Senior High School in the Eastern region.
The laboratory which was constructed at the cost of Two Million Two Hundred and…
THE Head of Personal Banking at Fidelity Bank, Harold Ansa, has said the bank will continue to foster a positive impact on the communities it serves.
He said this when the bank handed over a mechanised borehole to the Police Public Sa…
Asante Gold Corporation will hold its annual general meeting on April 23, a release from the company has announced.
The company said it has subsequently filed all meeting materials ahead of the AGM.
Among other things, the AGM woul…
Basil David Anthony, CEO of Modern Floors, emerged as the winner of the prestigious 2024 Forty Under 40 Africa award, celebrated at a grand event in Nairobi. Surrounded by top entrepreneurs, CEOs, and government officials, Basil’s outstand…
Ask 72-year-old farmer Huanchun Cao about his pension and he reacts with a throaty cackle.
He sucks on his home-rolled cigarette, narrows his brow and tilts his head - as if the very question is absurd. "No, no, we don't have a pension,…
Retail is emerging among the most vibrant sectors of the East African economy. Kenya’s capital city, Nairobi, has not only become an important retail market in its own right but a stepping stone into the rest of the country and wider…
Six listed equities on the local bourse have all been given up to April 30 to submit their audited financial statements for the year ended December 31, 2023.
They are Kasapreko Plc; Daakye Trust Plc; E.S.L.A Plc, and Camelot Ghana Plc…
Gaziantep, known as the capital of the carpet sector in Türkiye, is gearing up to host the Gaziantep Carpet Fair for the first time this year, organized by the Tüyap Exhibitions Group (www.Tuyap.com). The event, in collaboration with…
While there is a growing appetite for digital taxation across Africa, the erratic and chaotic mode of rollout proves a lack of sufficient evidence to support its implementation, an academic researcher has suggested.
The Director…
Female employees of TotalEnergies Marketing Ghana PLC in partnership with United Way Ghana have marked this year’s International Women’s Day by engaging the final year students of Accra Wesley Girls Senior High School in a self-development…
Building on the resounding success of its flagship event Unstoppable Africa in 2022 and 2023, the Global Africa Business Initiative (GABI) (https://GABI.UNGlobalCompact.org/) is pleased to announce its plan to convene leaders from bu…
USPA Global has announced that U.S. Polo Assn., the official brand of the United States Polo Association (USPA), has delivered a record $2.4 billion in global retail sales in 2023.
The global sports brand's record growth is the result …
The flagbearer of the National Democratic Congress (NDC) John Dramani Mahama, has pointed to the recent power outages in Ghana, commonly known as “dumsor,” as a consequence of mismanagement of the country’s power-generating assets and the …
The Chairman of the Energy Committee of Parliament, Samuel Atta Akyea, has disclosed that President Akufo-Addo has directed the Volta River Authority to reduce the export of electricity to neighbouring countries in response to the ongoing …
Verdant Capital Hybrid Fund has completed its fourth investment in just over two years since its closing, with a US$3 million preferred equity investment in Zeepay.
Zeepay specialises as a Mobile Money Challenger, and is currently t…
The Institute for Energy Security (IES) has expressed concerns over the Electricity Company of Ghana’s (ECG) alleged discrepancies in its public announcements regarding the recent power outages nationwide.
Despite the inconsistent power…
MTN Ghana is pleased to inform its stakeholders that as earlier announced by MTN Group on December 6, 2024, Stephen Blewett has assumed the role of CEO of Scancom Ltd (MTN Ghana) effective April 1, 2024. This follows the departure of Selor…
The Investment Gateway Summit taking place in St. Kitts and Nevis, presents an exclusive opportunity for African high-net-worth individuals (HWNIs) to have a unique experience to 'connect, celebrate and collaborate' with like-minded global…
Ghana is set to undergo its second review of the three-year, $3 billion IMF-supported post-COVID-19 Programme for Economic Growth (PC-PEG).
Commencing today, Tuesday, April 2, 2024, this review comes on the heels of the successful compl…
In a significant move towards ensuring environmental sustainability and responsible resource management in Ghana’s energy sector, Tullow Ghana, Unit Operator of the Jubilee field, along with its partners – Ghana National Petroleum Corporat…
In her departing presser, the Managing Director of the International Monetary Fund (IMF), Kristalina Georgieva, was optimistic that the country would stay the course with regard to maintaining fiscal discipline as the country heads to a…
By NJ Ayuk, Executive Chairman, African Energy Chamber (https://EnergyChamber.org).
Namibia’s oil and gas sector is still looking forward to reaching the production phase — S&P Global analysts don’t anticipate Namibia's first oil to…
In a significant move towards ensuring environmental sustainability and responsible resource management in Ghana's energy sector, Tullow Ghana, Unit Operator of the Jubilee field, along with its partners - Ghana National Petroleum Corporat…
Following a successful nomination period and bartending masterclass, Global Media Alliance, organizers of the iconic Ghana Beverage Awards have officially announced voting for the Product of the Year category for this year.
The voting e…
Illuminate Path to Digital Payment Dominance with 91% of participants expressing clear preference for digital payment
In a groundbreaking survey conducted across the continent, RegTech Africa and Agpaytech have revealed a seismic shift …
Hisense, a global leader in consumer electronics and home appliances, is proud to announce its participation in the 2024 Proudly South African Buy Local Summit. The event, which took place at the Sandton Convention Centre, brought together…
Calling all international and continental business leaders, both established and growing, whose expansion and new market strategies include the African continent. Join us at the groundbreaking 2024 Africa Shared Value and ESG Summit …
Independent energy company Vaalco Energy has joined the African Energy Week (AEW): Invest in African Energy conference as a platinum sponsor, showcasing the company’s vision for driving exploration and production in Africa.
With pla…
Scancom PLC (MTN Ghana) has held its 6th Annual General Meeting (AGM) on March 22, 2024. Over 2,000 shareholders participated in the event, which was held in person at the Grand Arena of the Accra International Conference Center and stream…
The African Development Bank (www.AfDB.org) has signed a $75 million loan agreement with Nigeria’s Indorama Eleme Fertilizer and Chemicals Limited. The loan will enable Indorama to increase its fertilizer production and develop a por…
By Michael Foundethakis, Partner, and Global Head of Project and Trade & Export Finance, Baker McKenzie Paris and Virusha Subban, Partner specialising in Customs and Trade, and Head of Tax, Baker McKenzie Johannesburg
The African Conti…
Yango Delivery, a technology company providing a platform for placing and receiving in-city delivery orders has introduced Cargo Express, its latest offering designed to streamline the delivery of large and bulky items across Africa. This…
At the recently held Mobile World Congress (MWC) in Barcelona, Telecel Ghana and Huawei Ghana signed a new framework contract to promote cooperation and partnership for providing improved network experience and coverage in Ghana.
The ne…
The Board of Universal Merchant Bank Ltd (UMB) hereby acknowledges the appointment of Dr. Joseph France as an Advisor to support the Bank in its recapitalization drive as contained in Bank of Ghana’s Press release dated 28th March 2024.
…
Standard Chartered Bank PLC has moved from a loss making position in the year 2022 to a profit position in the 2023 financial year.
From a loss of GH¢299.6 million, the bank overturned the tables to record a whopping pr…
THE government expects the third tranche of US$360 million from its programme with the International Monetary Fund to hit the accounts of the Bank of Ghana by June this year, Minister of Finance, Dr Mohammed Amin Adam, has indicated.
…
Prices of fuel at the pumps across the country are projected to be maintained in the first pricing window in April 2024.
Projections for April’s first pricing window made by the Chamber of Petroleum Consumers (COPEC) is pegging a li…
The government’s 2024 tax revenue target of GH¢143.1 billion is under threat as it seeks to find alternative ways to make up for the potential GH¢1.8 billion shortfall created due to the suspension of the 15% VAT on residential electricity…
Twenty young women entrepreneurs from the Volta and Oti regions recently participated in a two-day digital empowerment workshop titled 'Count Her In: Invest in Women, Accelerated Progress' held in Ho.
Organized by Plan International G…