They also cover non-sovereign guaranteed financing of eligible public sector enterprises, as well as financing of regional development finance institutions
The Board of Directors of the African Development Bank Group (AfDB.org) has appr…
Cross network mobile money transactions continue to rise month in month out after it was introduced in May this year, reaching almost 800,000 at the end of August.
In its first month of operation, less than 100,000 transactions took pla…
Cross network mobile money transactions continue to rise month in month out after it was introduced in May this year, reaching almost 800,000 at the end of August.
In its first month of operation, less than 100,000 transactions took pla…
Boehringer Ingelheim exercises its option to acquire all shares of oncolytic virus company ViraTherapeutics
ViraTherapeutics will operate in Innsbruck, Austria as a distinct unit of Boehringer Ingelheim’s Discovery Research organizati…
SWIFT is to introduce a pre-validation service that will allow customers to detect and resolve errors that delay payment messages before they are dispatched and enable banks to give upfront fee transparency to their end customers.
More …
On August 26, SANY HEAVY INDUSTRY CO., LTD (hereinafter referred to as SANY Heavy Industry) released its performance announcement of the first half year of 2018. By June 30, the company achieved sales revenue of 28.1 billion yuan (4.09 bil…
During his recent visit to China, President Nana Addo Dankwa Akufo-Addo visited the Huawei’s Executive Centre in Beijing.
President Akufo-Addo commended Huawei Technologies Inc in China for its achievements in information, communication…
RJ Models has made hundreds of excellent office building models and won widely appreciations from its clients, including the world top-level architectural design firms, such as Foster + Partners, SOM, OMA, KPF, Zaha Hadid Architects, etc.
…
The sod has been cut for the construction of an $80 million steel manufacturing factory at the Larkpelu Village in the Ningo-Prampram District in the Greater Accra Region.
Work on the B5 Plus Limited, one of the factories earmarked for …
The US President Donald Trump said Washington is under "no pressure" to achieve a trade deal with China as the prospect of new tariffs loom.
The comments come amid reports the two sides could resume talks to stave off a third round…
10 Countries are Expected to Attend Abidjan for The Electronic and Video Game Festival of Abidjan (FEJA), The Biggest eSport and Video Game Event Powered by Paradise Game
For this second edition, Paradise Game and its official sponsor O…
The European Commission is considering a proposal aimed at forging a new alliance with Africa that will create up to 10 million jobs.
The EU-AU partnership will clamour for full continent-to-continent free trade agreement as an economic…
A compendium of Supply Chain Management Terms written by Professor Douglas Boateng, Africa's first ever appointed Professor Extraordinaire for supply and value chain management has been officially launched in Accra.
The 900-page termino…
Travel and tourism experts and innovators from Ghana and other parts of the world are meeting in Cape Town, South Africa to deliberate on how technology can drive the growth of the tourism sector on the continent.
The three-day event wi…
MoneyGram Drives Financial Inclusion in Ghana With the Launch of Money Transfer Service to All Mobile Wallets
MoneyGram and Zeepay, a mobile financial services company, announced today the launch of money transfer service directly to…
This pioneering new approach from AccorHotels aims to make the continent more accessible and open for not only international travellers, but for Africans and the diaspora to rediscover and celebrate fashion, art, dining, modernity, design,…
Introduction
On August 10, 2018, the management of Enterprise Life epitomized the adage, “the customer is the business” when they hosted a cross section of their cherished policy holders at a customer engagement session dubbed “In the G…
The Bank of England has left interest rates on hold at 0.75% as expected but flagged "greater uncertainty" around the Brexit negotiations.
The Bank's Monetary Policy Committee (MPC) voted 9-0 to leave rates unchanged.
A quarter of a …
The has opened an ultra-modern centre to commence operations and give support services to the upstream petroleum sector in the country.
The over $ 20, 000, 000, facility is a leading state of the art centre providing fabrication, eng…
Employers must exercise their disciplinary powers in a consistent manner. The primary reason for requiring employers to act consistently when instituting disciplinary action or meting out disciplinary sanctions is to ensure that they do no…
The African Legal Awards recognize exceptional achievement from within Africa’s legal community
The African Legal Support Facility (ALSF) was recognized as Best Legal Department of the Year (Large Teams) at the 2018 Annual African Leg…
In spite of what many experts have described as a big turmoil in the financial services sector, PricewaterhouseCoopers (PwC) is predicting exciting times for the banking industry next year.
To be driven by digitisation, the internationa…
Acquisition Advances FLIR’s Intelligent Transportation Systems (ITS) Business with Dynamic Traffic Data Generation and Software Analytics Engine for Global Transportation Systems Operators
FLIR Systems, Inc. (NASDAQ: FLIR) announced tod…
Considerable Investment Power!
Dear believers in African business,
We found like-minded investors who will not only attend the ADIC but will also bring considerable investment power on board…
The Ghana Association of Real Estate Brokers (GAR) has signed a Memorandum of Understanding (MOU) with Meqasa, a Real Estate Consulting Firm, to create a database of historic and current real estate listings in the country.
The first ev…
Menzgold Ghana Limited has placed a temporal halt on operations of its gold vault market.
The halt, which takes effect from Thursday, September 13, will be in place for six days.
This comes on the back of a directive by the Securitie…
The Japan International Cooperation Agency (JICA) on Wednesday, handed over the Ghana Blood Safety Programme, to the Ministry of Health (MOH) at a ceremony in Accra for its sustainability.
The event, was to formally bring to an end the …
Mr Ken Ofori-Atta, the Minister of Finance, said there was the need to build the capacity of local insurance companies to empower them to handle the risk associated with the oil and gas sector.
Mr Ofori-Atta was speaking in an address r…
The Ministry of Trade and Industry, in collaboration with B5Plus Limited, a foreign steel manufacturing and distribution company, has cut sod for the construction of a steel company in the Ningo Prampram District.
The project is part of…
The Commissioner-General for the Ghana Revenue Authority (GRA) Mr Emmanuel Kofi Nti has disclosed that an international consultant,McKinsey Group has been invited to help the GRA reverse its missed target. The help will be in the areas of …
Oil has risen above $80 a barrel to its highest level this year amid concerns about supplies from Iran and a fall in US stockpiles.
Brent crude rose more than 1% to $80.13 - the first time it has breached $80 since late May.
The rise…
The Driver and Vehicle Licensing Authority (DVLA) office in Koforidua has introduced weekend services to the public in a bid to bring their services to the doorsteps of the public.
According to the Regional Director, Mr Eric Addison Ben…
Gold trading firm, Menzgold Ghana Limited are defying a directive by the Securities and Exchange Commission (SEC) ordering the company to shut down their investment operations with immediate effect.
The SEC in a letter (dated September …
Mr Rudolph Kozie Sambo, the Eastern Regional Coordinating Director, has called for punitive measures against heads of institutions which validate staff salaries fraught with payroll anomalies.
He said this is one way to deal effectivel…
Licenced Cocoa Buying Companies (LBCs) have been urged to adopt and implement trade practices that would have a long lasting impact on the socio-economic lives of cocoa farmers.
Mr Muhammadu Muzzammil, Country Director of Ecom Group Gha…
Controversial new copyright laws have been approved by members of the European Parliament.
The legislation had been changed since July when the first version of the copyright directive was voted down. Critics say it remains problematic.…
Finnish development financier Finnfund has committed 10 million USD to a new impact fund for sustainable forestry, the Arbaro Fund (Arbaro).
Arbaro is projected to sequester over 20 million metric tons of CO2 in its lifetime and c…
The Bank of Ghana (BoG) has stepped up its supply of United States (US) dollars to meet daily demands for foreign exchange as global pressures and the exit of investors from emerging markets cause the cedi to depreciate.
According to …
The NSBC approached some of their Premier Members to learn more about how they viewed entrepreneurship and becoming a successful small business. Today we will feature 5G Future Fit.
5G Future Fit is an inspired group of consultants with…
New technology platform connects audiences to global content.
Audiences everywhere now expect to be able to access content on any device, at any location, at any time. Realising this ambition, Econet Media, which serves southern Africa,…
Every small business needs a growth strategy to take them from being a small business to becoming a big business. It is important to review your business and then see in what ways you can grow. It is also important to move quickly on a gro…
The Securities and Exchange Commission (SEC) has directed gold trading firm Menzgold Ghana Limited to shut down their investment operations with immediate effect for contravening the Securities Industry Act, 2016 (Act 929).
The SEC orde…
Officials of the Ghana Export Promotion Authority (GEPA) have paid a visit to Kantanka Motors as part of building capacities and forming closer ties with exporters and potential ones.
The tour is to enable members of the team, led by De…
Domestic revenue generated through the Ghana Revenue Authority’s (GRA) tripsTM Tax Administration system has exceeded 10 billion Ghana cedis as at end of July 2018.
A statement from GCNet said the remarkable achievement came at a time w…
Former Finance Minister, Mr Seth Terkper, has stressed the need for a review of the country’s banking laws to incorporate same practices as used in other advanced countries.
“We need to make the necessary regulatory corrections and nece…
The Ghana Stock Exchange (GSE) last week had Ghana’s telecommunication giant – MTN Ghana Ltd, listed after successfully attaining the minimum requirement for enlistment.
In spite of the wider options for trading, equity indices continue…
AirtelTigo, the second largest telecommunications company in the country, won four awards at the first Ghana Procurement and Supply Chain Awards 2018. The ceremony, held over the weekend in Accra, was well attended by the elite in Procure…
Chinese airlines will buy 7,690 new planes worth $1.2 trillion over the next two decades to keep pace with booming consumer and business demand for air travel, Boeing Co (BA.N) said on Tuesday, raising a previous forecast.
The U.S. plan…
High import duties, coupled with the lack of support from the government, are thwarting efforts by Kantanka Automobile Company Limited to expand and export to other West African countries, the General Manager of the company, Mr Francis Koj…
Challenge African Youth: Showcase solutions for the Africa We Want at the 2018 Africities Youth Forum
5000 participants are expected at the event, representing all the stakeholders of African local life as well as their partners from ot…