Kosmos Energy has announced that the Special Chamber of the International Tribunal of the Law of the Sea (ITLOS) has issued its final decision in the maritime boundary dispute between the Governments of Ghana and Côte d'Ivoire.
Significant shifts are underway in how Africa’s E&M companies compete and generate value, as the quality of the experience they deliver to consumers becomes their primary basis for strategic differentiation and revenue growth.
Over 25 banks in the country will have to race against time to meet the new capital requirement announced by the Bank of Ghana (BoG) as their current capital is less than 50 percent of the 400 million cedis quoted by the central bank.
Allied Exchange Africa has launched its novel digital payment platform, ALEXpay to overcome the lack of cross-network fund transfer and interoperability which currently inhibits the potential of mobile money services in Ghana.
Humaniq, the Blockchain for Good startup bringing banking to all, has announced the next phase in its roadmap as it launches the Ghana Use Case with a goal to onboard two thousand users and join the Humaniq community.
Cargill and over 10,000 Ghanaian cocoa farmers are celebrating as the company made its first ever sustainable premium payment by electronic transfer through its Licensed Buying Company (LBC).
iflix, the Subscription Video on Demand (SVoD) service for emerging markets, has launched its service in Ghana.
Oil and gas is big business in Ghana, and it is only getting bigger! In 2007, the Jubilee oilfield was discovered, and it is containing up to three billion barrels.
The International Monetary Fund (IMF) approved an extension of an aid package for Ghana initially worth $918 million that will see the program continue for an extra year beyond its original April 2018 end date, it said on Wednesday.
Ghana has successfully completed the conversion of its only research reactor from the use of high enriched uranium (HEU) fuel to low enriched uranium (LEU) fuel, in an international project supported by the IAEA to help decrease the proliferation risks associated with HEU fuel.
The United States Agency for International Development (USAID), through the U.S. government’s Feed the Future Initiative, has launched the National Seed Trade Association of Ghana (NASTAG).
With aspirations of becoming an African economic powerhouse, Ghana is partnering with organisations such as Mastercard to smartly integrate technology into all aspects of the economy – building for the future, a cashless Ghana.
The Ghanaian Government, in collaboration with the United Nations Economic Commission for Africa’s Sub-Regional Office for West Africa, has launched the 2016 Country Profile for Ghana.
Harvard University will host the first Harvard Africa Alumni Action Forum (HAAAF) in Accra, Ghana on 24 – 26 August 2017 where global thought leaders will gather to address the challenges, successes and discuss the way forward for Africa.
MainOne has launched a new colocation service, in addition to its connectivity solutions, to address the needs of businesses in Ghana seeking reduced IT infrastructure costs and improved efficiency via a shared services platform.
Africa Business Communities interviews Hope Okoronkwo, the founder and CEO of L’insoumis Ghana Ltd. The startup has cut a niche in the menswear business targeting executives.
MTN Ghana has made payments of over GH₵ 25 million in interest to about 7.8 million Mobile Money customers for the first half of 2017.
The hospitality sector in Africa’s emerging markets looks set to profit from foreign investment and an influx of foreign travelers.
PSECC Solar Farms Ltd, a climate change mitigation company and developer of solar farms, has turned to Natcore Technology Inc. to help restore financial viability to a 20 MW Ghanaian project that was threatened by a 29 per cent reduction in feed-in tariffs.
The Ghana Interbank Payment and Settlement Systems (GhIPSS) has disclosed to Citi Business News it has advanced processes of meeting the November deadline for mobile money interoperability.
African reputation and crisis management company Vuma Reputation Management has signed memorandums of understanding with four leading African communications agencies, boosting its footprint across the continent.
Stanbic Bank Ghana has been adjudged the Best Investment Bank in Ghana by Global Finance Awards at the 2017 Global Finance Awards in the UK.
Appolonia City, Accra's new city development, will build 100 affordable homes as part of a partnership with the country's leading mortgage provider, Ghana Home Loans.
Ghana’s leading Telecommunications Service Provider MTN, currently has over 6.2 million active users on its Mobile Money platform and over 75, 000 active agents nationwide.
The construction of a new terminal at Ghana’s flagship airport – Kotoka International Airport – is expected to make the country a destination of choice with a yearly target of 5 million passengers.
Transformation of cocoa production, rural economy, energy in focus as AfDB president Adesina visits Ghana
The President of the African Development Bank (AfDB), Akinwumi Adesina, is championing the transformation of the rural economies of African countries as the fastest way to lift millions of people out of poverty.
Beginning this month, customers of Ghana Water Company Limited (GWCL) can pay their water bills on all telecommunications network, as the company continues its bid to phase out paper bills and drive the electronic payment system.
U.S. Ambassador to Ghana Robert P. Jackson joined officials from the Ministry of Trade and Industry at a validation workshop on Ghana’s African Growth and Opportunity Act (AGOA) Strategy.
The President of the African Development Bank (AfDB), Akinwumi Adesina, will visit Ghana from 1-4 August 2017 as part of efforts to strengthen cooperation.
Since repatriating to Ghana, Silicon Valley tech entrepreneur, Paul Owusu partnered with tech entrepreneur Kojo Sarpong to form LOGIQUE, tech accelerator and parent company to tech products Stack, SmartLobby and Coast.
After the successful implementation of an intelligent new safety feature was introduced to Uber driver-partners in South Africa early this year, the company has announced that the same feature will be implemented in other markets in Africa.
Unicorn Microsystem Limited, a Ghana based IT start up has since its inception three years ago been on an overdrive to tap into the growing IT needs of a burgeoning SME clientele.
Several African fruit producers and exporters have come together to create "AFFRUIBANA", the First Pan-African Association in defence of their Interests with members drawn from Cameroon, the Ivory Coast and Ghana.
Switzerland and Ghana have recognized the quality of their bilateral relations during the visit of Swiss Confederation president Doris Leuthard to Ghana.
Often regarded as one of the orphan crops as more farmers abandon it for more modern crops, the West African yam is making a big come back and conquering international markets thanks to the value addition efforts of Lateef Apau Wiredu, the owner and CEO of Ilaha Ghana Company Limited
Building strategic partnerships for the development of the region’s road industry
According to a statement by the airline, flights between Abuja and Accra were suspended in March following the closure of Nnamdi Azikiwe International Airport, Abuja for runway repairs.
REDAVIA, a global market leader of cost-effective rental solar power for businesses and communities, has opened its first office and legal entity in Accra, the capital of Ghana.
Africa Business Communities is conducting a series of interviews with African CEO's and CEO's of companies doing business in Africa.
Tigo Ghana will be the next mobile operator to launch its SuperSMS network in partnership with ONEm Communications, a London-based telco.
Digital Financial Services Lab (DFS Lab) has announced that it would invest $250,000 in four separate fintech startups that are building products that help low-income consumers in developing markets.
[Ghana] UNHCR launches world's first satellite enabled interactive distance learning project for refugee children
A new project enabling refugee children in the Ampain camp in Western Ghana to receive high quality teaching via distance learning is now fully established.
BEIGE Capital Savings and Loans, the subsidiary of financial services provider BEIGE has has secured final approval to operate as a Universal Bank.
Her Majesty The Queen will present a Queen’s Young Leaders Award to three exceptional young people from Ghana at a ceremony at Buckingham Palace, London on Thursday 29th June.
ENGIE and eleQtra a developer of power and transportation projects in sub-Saharan Africa, signed have signed a joint agreement on wind power project.
Lexta Ghana Limited (LGL), producers and suppliers of Yazz range of products and Hooch Foods has announced plans to grow its presence in Africa after successfully setting up shop in Liberia.
Tanzania, Rwanda and Ghana renewable energy projects emerge winners of $7m Access Co-Development Facility competition
Access Power is delighted to announce the three winners of the 2017 US$7 million Access Co-Development Facility.
The World Bank approved has approved $150 million International Development Association credit for Transport Sector Improvement Project (TSIP) in Ghana.
Asante Gold Corporation has announced that it has completed a non-brokered private placement of 4,350,000 units of the Company at $0.10 per unit (each a “Unit) for aggregate gross proceeds of $435,000.
When the world thinks of fine-dining, African food is not often at the top of the list of cuisines to be considered, something which Ghana-born Adwoa Hagan-Mensah is working hard to change.
iflix, the world’s leading Subscription Video on Demand service for emerging markets, today announced the establishment of iflix Africa to bring its world class service to sub-Saharan Africa.
The board of UniBank in Ghana has appointed Dr. Kwabena Duffour as the bank’s new Managing Director with the appointment taking effect from June 1 2017.
West African region, much like their easterly neighbours, is experiencing a surge in port development projects which will greatly expand, modernise and link shipping infrastructure across the region over the course of the next five years.
Vice President, Dr. Mahamudu Bawumia, has disclosed that Government is working to meet its November 2017 timeline for the implementation of mobile money interoperability.
[Ghana] Regional Maritime University chooses REDAVIA Solar to power campus and establish Renewable Energy Institute
The Regional Maritime University (RMU) has chosen REDAVIA, to implement an alternative solution to existing power grid and reduce dependency on diesel generators.
Tigo Business, the enterprise arm of CIMG Telecom Brand of the Year, Tigo, is launching its first image campaign and it is doing it ambitiously.
[Ghana] GE and Ministry of Health in partnership to give Greater Accra Ridge Regional Hospital facelift
GE, the world’s Digital Industrial Company has partnered with the Ghana Ministry of Health and Bouygues Batimat International with the support of the US Government to overhaul the Greater Accra Ridge Regional Hospital in the Ridge District of Accra, Ghana.
The mobile payments company Fortumo has announced that it has expanded its carrier billing services to 3 new African markets. More than 79 million mobile phone owners in Algeria, Ghana and Tanzania can now make payments for digital services.
Africa’s leading freight logistics chain Transnet has been on an expansion binge and is expected to set up shop in eight more African countries including Kenya, Liberia, Ghana, Nigeria, DR Congo, Senegal, Togo and Benin.
Scania has established Ghana's first vocational training scheme for heavy vehicle service technicians. Scania and other industry partners will provide in-kind and personnel support with additional funding from the German Corporation for International Cooperation, GIZ.
Ghana, in collaboration with Switzerland, on Friday launched a Remittance Grant Facility (RGF) of $2.6 million to provide financial assistance to companies to develop innovative remittance products and services at a relatively low cost.
General Electric has announced that it will supply the power generation equipment for the Bridge Power plant project in Tema, Ghana. The equipment, which will be used in the first phase of the project, will collectively generate 200 MW of power. An additional 200 MW of power will be deployed in stage two of the project.
GE Announces Clarke Energy as Jenbacher Gas Engines Distributor for an Additional Six Countries in Africa
GE’s Distributed Power has announced that it has recently signed an agreement with Clarke Energy to serve as GE’s distributor of Jenbacher gas engines for six additional countries in Africa, including Cote d’Ivoire, Democratic Republic of Congo, Ghana, Kenya, Morocco and Rwanda.
HFC Bank Ghana, a subsidiary of Republic Financial Holdings Limited, has appointed Mr. Charles William Zwennes as the new Chairman of the bank’s Board. This follows the resignation of Professor Joshua Alabi from the position.
Tigo, one of Ghana’s leading telecom companies, has partnered with Econet Media’s Kwesé TV, Africa's newest multi-platform Pay TV network, to deliver best-in-class live sports and entertainment to Ghanaian consumers on mobile.
The African Development Bank is pleased to announce the appointment of Mr. Charles O. Boamah as Senior Vice-President of the African Development Bank Group, effective immediately.
Newmont Mining Corporation announced plans to extend profitable production at its Ahafo operations by building a new underground mine and expanding plant capacity by more than 50 percent.
A seasoned banker and lawyer, Mr Anselm Raymond Sowah, has been appointed by the Board of Directors of GCB Bank Limited (GCB) as Managing Director of the bank.
Ghana’s Leading Telecommunications Giant , MTN Ghana has relinquished power to its cherished mobile money customers to unsubscribe interest on their deposits.
Airtel Business in Ghana has named Aviat Networks, Inc., the leading expert in microwave networking solutions,their supplier partner of the year for 2017. This award recognizes Aviat as a key partner in driving and achieving Airtel Ghana's business objectives.
Over 25,000 cocoa farmers in Ghana have been registered with a high tech purchasing model championed by agricultural multinational Cargill that allows them to sell directly to the company therefore reaping higher market value for their produce.
In a bid to enhance the work of the media using technology in Africa, Penplusbytes has released its latest social media ratings on Ghana’s Radio, Television and Print media
Econet Media’s Kwesé TV and MTN Ghana have announced that the two will be entering into a partnership. The partnership will see Kwesé TV facilitate the delivery of video content to MTN’s mobile customers.
With economic expansion and a booming population, the demand for energy in Ghana is far higher than current capacity. Now a new report from engineering experts at Brunel University London and the University of Education, Winneba, could shape conversation on the cheapest and greenest energy solutions for the decades ahead.
The USAID/Ghana Sustainable Fisheries Management Project (SFMP), a US Government funded food security project which seeks to rebuild Ghana’s marine fish stock has signed a partnership agreement with the Fisheries Commission and Mobile Network Operator, Tigo.
Ghana’s leading telecommunications service provider, MTN, has announced a partnership agreement with Uber Ghana to offer free rides for MTN customers.
In celebration of Global Money Week, Uber and Old Mutual have announced that they will be extending its free money management course that took place in South Africa to its driver-partners in Accra, (Ghana), Lagos (Nigeria) and Nairobi, (Kenya).
A report by Kenyan-based IT firm, Serianu Limited, has revealed that the economy lost a total of US$50 million to cybercrime in 2016.
[Ghana] AfDB co-organizes workshop on Actualizing Mini-grid Policy and Advancing Universal Energy Access
The AfDB in partnership with the Government of Ghana through the Ministry of Energy, the Energy Commission and other partners, organized a two-day workshop under the title “Actualizing Mini-grid Policy and Advancing Universal Energy Access in Ghana” on March 23-24, 2017 in Accra.
[Ghana] Buipe Solar Limited receives US Trade and Development Agency grant for feasibility study on solar plant
The U.S. Trade and Development Agency awarded a grant today to the Ghanaian company, Buipe Solar Limited, in support of a feasibility study for a 20 megawatt solar photovoltaic plant in northern Ghana.
American Auto Parts LTD (AAPL), in partnership with TATA Motors Holdings Ghana, is to establish an Automobile Technical Institute to train artisans and mechanics in industrial best practices, in line with the Government’s efforts to transform local industries.
Results Based Balanced Scorecard Certification Master Class in Nigeria, Ghana, Kenya, Ethiopia and South Africa
Citizens of the world are increasingly demanding that their governments demonstrate results. The introduction of performance management as a reform output was in response to increasing calls for governments to improve accountability and demonstrate value for money.
In support of Ghana’s Vision 2020 goals, Mastercard has committed its support to helping the country to develop a cashless economy, in furtherance of its push to be an economic powerhouse in Africa.
President Nana Akufo Addo has appointed Mr. John Dekyem Attafuah as the new Managing Director of Ghana Airports Company Limited (GACL).
GE Oil & Gas opened a new facility in Takoradi Port, Ghana today, expanding its global footprint and supporting local investment.
With 120,000 units sold, almost all within the first six months of its October 2016 global launch, d.light's D30 Pay-Go solar home system is proving to be the fastest pay-as-you-go off-grid solar product to reach scale.
Tony Elumelu visited Ghana as the first stop of his UBA tour of Africa, propagating the ideal of Africapitalism.
American pharmaceutical and consumer packaged goods manufacturer has set up shop in Nairobi Kenya and Accra Ghana representing a novel approach to how Johnson & Johnson seeks to develop partnerships, products and service delivery models that address neglected and emerging health issues.
African Development Bank and Forest Investment Program sign loan with Form Ghana to restore Ghana’s forests
The African Development Bank (AfDB) and Climate Investment Funds’ Forest Investment Program (CIF FIP), have signed a $24-million loan agreement with Form Ghana Ltd., opening the door to commence the implementation of an innovative project on Public-Private Partnership
The new GH¢5 note which was outdoored by the Bank of Ghana last Friday as a commemorative note of its anniversary will be in circulation today, Tuesday March 7, 2017.
Millicom International Cellular S.A and Bharti Airtel Limited have announced that they have, through their respective subsidiaries, entered into an agreement for Tigo Ghana Limited and Airtel Ghana Limited to combine their operations in Ghana
Chris Cox, Chief Product Officer at Facebook, visited the Meltwater Entrepreneurial School of Technology (MEST) in Accra, Ghana today to meet with Ghanaian entrepreneurs and see how they are working to build sustainable technology businesses.
Indigenous investment banking firm, Dusk Capital, has entered into an agreement with the International Investment Management Group (IIMG Africa Ltd) that will give the Ghanaian company access to over 300 international mutual funds across the world.
The central bank has reportedly put on hold the billion-dollar deal it handed to Sibton Switch, a local IT firm, to interconnect all payment systems in the country.
The Securities and Exchange Commission (SEC) is in the process of unveiling higher standards for the securities industry in keeping up with the latest international development and to ensure the growth of the sector.
Latest entrant into the financial sector, Commerz Savings and Loans, is embracing technology to reach and attract the unbanked population into the banking sector.
The Moroccan sovereign wealth fund Ithmar Capital and Ghana Infrastructure Investment Fund (GIIF) have concluded a strategic partnership to explore co-investment opportunities in many areas and in several African countries.
MoneyGram and Capital Bank, announced today the launch of MoneyGram’s services across Capital’s Bank network in Ghana.
Construction work has begun on the new $1.5billion container terminal at the Port of Tema in Ghana at the start of January. The terminal will directly create 5,000 jobs.
Telecommunication company Airtel, has partnered with premier digital foodstuff marketing and distribution company, Jaarno to offer Airtel’s high value customers the convenience of shopping for locally grown food items online at a discount.