Angola, Senegal, Cameroon, Ghana and Nigeria among the most hard hit amid Covid-19 and oil price plunge, African Energy Chamber
African oil-producing and reliant countries have been among the most hard hit by the COVID-19 pandemic and declining oil price.
The Ghana Investment Promotion Centre (GIPC) in support of the country’s fight against the deadly COVID-19 Pandemic, has donated over 3,000 Personal Protective Equipment (PPEs) to the Healthcare sector.
IFC announced a $2.5 million investment in New Crystal to support the expansion of the private healthcare group, which provides high-quality medical services to lower-middle-income and low-income patients and families in Ghana.
The Vice President of the Republicof Ghana, Dr Mahamudu Bawumia, launched the Scholarship Secretariat’s Online Scholarship Application and Administration System, www.scholarshipgh.com, in Accra.
Maersk Drilling has announced that it has received a notification from Tullow Ghana of an early termination for convenience of the drilling contract for the drillship Maersk Venturer.
MTN has confirmed that regulatory approvals have now been received for the disposal of its stake in ATC Ghana.
Nigeria's smartphone market grew 5.3% quarter on quarter in Q4 2019, according to the latest figures from global technology and consulting services firm International Data Corporation (IDC).
Two members of Africa’s artificial intelligence (AI) community in response to the global COVID-19 pandemic, have launched two initiatives seeking data science solutions to fight the viral disease.
MusicTime®, the world’s first time based music streaming application has revealed its new corporate identity.
The President of the Republic of Ghana has directed the Minister for Finance to make available the cedi equivalent of $100 million to enhance Ghana’s Coronavirus preparedness and response plan.
The impending launch of a universal QR Code will accelerate the pace of making Ghana a cash-lite society in the near future, the Vice President of the Republic, Dr Mahamudu Bawumia has predicted.
The President of the Republic of Ghana said his government is investing heavily in the provision of educational infrastructure in senior high schools across the country, particularly in those running the double track system.
Ghanaian President urges capital markets to remove ‘Africa Risk Premium’ from credit rating structure
The President of the Republic of Ghana has called for the removal of the “Africa Risk Premium” from the credit rating structure for African countries seeking finance on the international capital market.
Global search engine, Google, has awarded a $1.93 million in funding for media related projects across Africa, Middle East and Turkey.
See how to position yourself to take advantage of an uplift in activity as the Nigerian government puts well intervention at the forefront of production plans
The President Of the Republic of Ghana, Akufo-Addo said that VW is building its plant at the North Industrial Area in Accra and is due to start production by the end of April.
The Republic of Ghana and the Kingdom of Norway have pledged to deepen the ties of co-operation that exist between the two countries, following the holding of bilateral talks between President Akufo-Addo and Prime Minister Erna Solberg.
Vivo Energy Ghana, Shell licensee, has reopened its second solar powered Shell service station in Community 2 at Tema.
Ghana’s telecom operator AirtelTigo has launched new “Unlimited Call Bundles” to make life even simpler for its customers
With customers spread across 10 countries, Pan-African cloud computing and ecommerce solutions provider Addicnet is redefining cloud computing landscape in the continent through its unique offerings.
Ringier Africa Digital Publishing (RADP), one of Africa’s leading media groups is unifying its assets across the continent - to form one integrated media company under the Pulse brand.
Aker Energy has entered into a Letter of Intent with Yinson to award a bare-boat charter and an operations and maintenance contract for a floating, production, storage and offloading vessel at the Pecan field, offshore Ghana.
Tullow Oil said it received approval from Ghanaian authorities to flare gas when necessary to support its offshore fields.
Ghana-based startup Kolics Company Limited has been in the business of manufacturing ecofriendly footwear from recycled materials since 2017.
Facebook is partnering with nine non-profit organizations and government agencies throughout sub-Saharan Africa to raise awareness about Internet safety and security.
Eni Ghana and the World Bank have signed an MoU to develop initiatives to promote access to improved domestic wood fuel cook stoves, resulting in reduced exposure to unhealthy wood-smoke and decreased pressure on the depletion of forest resources.
Vodafone Group will hand over management of its Ghana unit to the UK carrier’s separately listed South African division in April, the latest step to bring the company’s operations on the continent under one roof.
Aker Energy has awarded Fugro a contract for geotechnical and geophysical survey services in relation to the Pecan field, offshore Ghana.
Absa Group Limited’s Barclays-branded subsidiaries in seven African countries - Botswana, Ghana, Kenya, Mauritius, Seychelles, Tanzania and Zambia were renamed ‘Absa’, completing the name change across the continent.
In a step that will further strengthen relations between India and Ghana, IndianOil has signed a MoU with the NPA of Ghana for providing its assistance and technical expertise in the implementation of Ghana's National LPG Promotion Policy.
AngloGold Ashanti together with the President of the Republic of Ghana and other stakeholders gathered in Ghana to commemorate the return to production, productivity, and profitability of the Obuasi mine, six years after it was closed down.
The first-ever Startup Guide Africa Series 2020 is looking for entrepreneurs, innovators, accelerators, experts and co-working spaces.
Global mobile payments company WorldRemit saw a 43 per cent growth in remittances to Africa from higher income nations in 2019.
Opportunity2030: The Standard Chartered SDG Investment Map reveals a $197 billion opportunity for private-sector investors in five high-growth markets in Africa.
The Vice President of Ghana launched a digital Command and Control Centre for Bulk Road Vehicle and an Electronic Cargo Tracking System to be run by the National Petroleum Authority (NPA).
The International Trade Secretary announced at the UK-Africa Investment Summit that UK Export Finance (UKEF) has provided financing worth £620 million to support UK exports to Ghana, Zambia, Gabon and Uganda.
The UK is partnering with five African countries to mobilise private sector investment in quality, environmentally-friendly infrastructure projects, International Development Secretary Alok Sharma announces.
The UK is boosting support to female entrepreneurs in Africa, helping them overcome barriers to starting businesses and connecting them to global markets, announces the International Development Secretary Alok Sharma.
The Government of Ghana received, as part of Germany’s Compact with Africa programme, €250 million from the Government of the Federal Republic of Germany to upgrade and expand the country’s electricity transmission infrastructure.
Siemens has signed a Memorandum of Understanding (MoU) with the Republic of Ghana to address the country’s energy and infrastructure challenges.
University students from three Ghanaian universities are set to benefit from nuclear education programs from Russia’s Tomsk Polytechnic University.
The International Development Secretary pledged new UK aid support to build the African cities of the future, so the continent can continue to thrive and reach its economic potential.
Peer-to-peer bitcoin marketplace and leaders in the peer-to-peer finance revolution Paxful has announced its official 2019 growth metrics.
The Ghanaian government wants to raise $3 billion from its diaspora to finance development projects in agriculture, infrastructure, and tourism, the Finance Minister Ken Ofori-Atta announced last week.
American Tower aquires Eaton Towers, enters agreement to acquire JV stakes in Ghana, Uganda from MTN
American Tower Corporation has announced that it has closed its previously announced acquisition of Eaton Towers Holdings, adding approximately 5,700 communications sites to its African portfolio.
African tech startups this year tapped millions of dollars by taking part in and winning startup competitions - at least over $6million collectively, by Ventureburn’s calculations.
The third edition of the Mastercard Index of Women Entrepreneurs has listed three African countries as global leaders in terms of women-owned businesses.
Ghana’s economic growth has been strong over the past decade, with annual GDP per capita growth at 4.4 percent between 2006 and 2017.
Cars45, Nigeria's automotive trading platform, has launched into Ghana and Kenya.
Genser Energy Ghana has has successfully achieved financial close for a USD366m funding package including a new syndicated senior loan facility of USD230m, a mezzanine loan and preference shares.
Kenyan based media production and podcast network start-up PortableVoices has announced a podcast distribution partnership with Afripods, an African focused platform for podcasters with head office in Nairobi.
Talia Limited, a communications solutions provider has announced the successful completion of beta testing of its Ka-band High Throughput Satellites (HTS) services in additional African countries.
Morocco’s flag carrier Royal Air Maroc (RAM) won two prizes as the best company in the categories "Global Operations" and "Best improved financial results" awarded by the African Airlines Association (AFRAA).
Yinson has sealed a USD800 million refinancing agreement with 13 local and global banks to refinance FPSO John Agyekum Kufuor, Yinson’s vessel which is currently operating in OCTP Block, offshore Ghana.
Telecom Operator, AirtelTigo has appointed Murthy Chaganti as the new Chief Executive Officer of the company.
The Jack Ma Foundation has hosted its first annual Africa Netpreneur Prize Initiative (ANPI) grand finale awarding $1 million in prize money to 10 entrepreneurs from across Africa.
South African Airways (SAA) announces its intention to resume flights to six destinations on the African continent, namely Accra, Lagos, Lusaka, Maputo, Windhoek and Harare, with effect from Tuesday, 19 November 2019.
MTN Ghana has partnered with Ecobank Ghana and Samsung for a new Customer Device Financing programme for customers.
Several reasons explain why SMEs in Ghana and West Africa struggle to raise funding to finance their growth: many entrepreneurs have limited knowledge of fundraising options available to them.
Leveraging on the partnership between the companies in Nigeria, Tizeti extends its partnership with MainOne as the company launches in Ghana as GhanaWifi.com.
Paxful now services 3 million wallets with more than 800,000 being added in the last 12 months, predominantly in the USA, Nigeria, and Ghana.
Glo, the leading mobile service provider in Ghana, is pleased to announce that it has partnered with Prepay Nation, to launch a digital channel for its subscribers for mobile top-ups.
South African Airways is pleased to announce the launch of a codeshare partnership with Africa World Airlines which will apply between Accra (ACC) – Kumasi (KMS), Accra - Lagos (LOS) and Accra – Abuja (ABV).
The World Bank approved $150 million in financing to support the Government of Ghana to improve the quality of education for over two million children in low performing basic education schools.
Zenlayer and MainOne have partnered to greatly expand connectivity between international companies and West Africa.
Alibaba founder Jack Ma's Africa Netpreneur Prize Initiative (ANPI) has identified the top 10 finalists entrepreneurs for its grand finale event.
Ghana Airports Company Limited has extended its agreement with SITA to manage and support all airport operations systems across Kotoka International Airport’s newly commissioned Terminal 3.
The Development Bank of Southern Africa (DBSA) and the Development Bank of Rwanda (BRD) hosted the DBSA Rwanda Investment Summit last week in Kigali as part of promoting infrastructure development in Africa.
A 401 kWp solar system for Central University in Ghana has been inaugurated, marking an important milestone in Ghana's transition to clean energy.
Getting Africa’s large and growing youth population ready for active roles in the global digital economy is no small task. But as one innovative social enterprise in Ghana has shown.
Springfield Exploration and Production has spudded the first of its much anticipated new wells off the coast of Ghana.
In the past, Ghana has been one of the smaller oil and gas producers on the continent but that production is expected to grow rapidly over the next five years.
The UK International Development Minister visited Ghana to strengthen trade and investment ties ahead of the UK-Africa Investment Summit in 2020.
Aker Energy and Africa Finance Corporation (AFC) have announced the appointment of Mr. Samaila Zubairu as Vice Chairman of Aker Energy’s Board of Directors.
Privately owned Ghana Technology University College is to be absolved by government, according to Emmanuel Afoakwa, President of the University.
Five African countries initiate banking reforms to drive development and tackle climate change, report
Thirty-eight emerging market economies, including five countries in Africa, have initiated key banking reforms to drive development and fight climate change, according to the second Global Progress Report.
[Ghana] AirtelTigo partners with Western Union to allow customers receive money directly in their mobile wallets
Western Union has collaborated with AirtelTigo Money (ATM) to enable Ghanaians to receive international money transfers through Western Union directly into AirtelTigo Money mobile wallets.
Azelio has agreed on a Memorandum of Understanding (MoU) with the Swedish sustainable energy solutions company STELLA Futura, to work together on setting up a small-scale commercial project in Sub-Saharan Africa.
IFC is investing $10 million in CardinalStone to expand access to finance for high-growth, underserved small and medium enterprises (SMEs) in Nigeria and Ghana.
Nestlé Ghana and the Ghana Journalists Association (GJA) have entered a partnership to drive nutrition knowledge among Ghanaians.
The Ghana Commodity Exchange (GCX) has partnered with the United Nations World Food Programme (WFP) to manage a warehouse WFP constructed for smallholder maize farmers in the Ejura/Sekyedumase Municipality.
Total has announced the closing of the acquisition of Anadarko’s 26.5% operated interest in the Mozambique LNG project for a purchase price of $ 3.9 billion.
Siemens is committed to supporting and developing young, African innovators; Siemens extends its Eskom Expo partnership to schools in Ghana, Kenya, Uganda, Tanzania and Ethiopia.
MainOne has announced the expansion of its data center brand, MDXi into Accra Ghana, in line with its ongoing West African expansion plans.
Thales, through its Gemalto expertise, is working in partnership with Paycode to supply dual card technology to GhIPSS (Ghana Interbank Payment and Settlement Systems), supporting plans to enhance the functionality of the e-zwich biometric card.
The Ghana Cocoa Board (COCOBOD) has completed a USD 1.3 billion cocoa syndicated loan agreement for the purchase of cocoa beans from local farmers during the 2019/2020 crop season.
The Ghana Cocoa Board (COCOBOD) has signed an agreement with the China General Technology Group for the establishment of a cocoa processing factory in Ghana.
iflix serves as a digital hosting and distribution platform for Western and Asian dramas obtained through partnerships with over 150 studios and content distributors globally.
Telecom operator AirtelTigo announced today that Mrs. Mitwa Kaemba Ng’ambi, Chief Executive Officer will be leaving the organisation from 13th September 2019 for personal reasons.
Ghana has one of the most vibrant mobile markets in Africa.
United Bank for Africa has announced its audited half year financial results for the period ended June 2019, showing growth across key performance indices as well as a significant contribution from its African subsidiaries.
Since 2014, over 96,000 women in northern Ghana saved USD $7.8 million – or about 42,659,747 cedis - and invested the money to improve the health, education, nutrition, and economic opportunities of their families.
The Mastercard Foundation has announced Young Africa Works in Ghana, an initiative that aims to enable three million young people to access dignified and fulfilling work by 2030.
Sixty young ‘Girls In ICT’ from different schools in the Western Region were hosted by telecom operator AirtelTigo through a mentorship event as part of activities outlined by the Ministry of Communications.
Facebook celebrates 'Icons of Change' from across Sub-Saharan Africa with a youth gathering in Accra Ghana
Facebook is bringing together 40 young leaders, developers, entrepreneurs and change makers from across Sub-Saharan Africa, to a two day event in Accra, Ghana.
Nestlé and the University of Ghana have signed a two-year renewable agreement to offer students practical learning opportunities to enhance their skills in the area of nutrition, science and technology.
West Africa's largest clothing manufacturer, DTRT Apparel Ltd (DTRT), has announced a major investment from investment firm Verod Capital Management and Red Bull GmbH.
KT, the Korean telecommunication provider has launched a health platform, GEPP Ghana in the Ghanaian capital.
Nearly 700 teachers in Ghana completed their digital skills training this month as part of the country’s preparations for SAP Africa Code Week.
South African Airways is further strengthening its presence in Ghana by increasing weekly frequencies from 9 to 10 flights between Johannesburg and Accra, and by launching a daily service between Accra and Washington DC.