Occidental, an international energy company announced it has agreed to sell its interests in two Ghana offshore fields for $750 million to Kosmos Energy ($550 million) and Ghana National Petroleum Corporation (GNPC) ($200 million).
Ghanaian entrepreneur Roberta Annan launches €100m Impact Fund to invest in Africa’s creative industries
Ghanaian businesswoman and entrepreneur Roberta Annan launched a €100 million fund to channel investment into small and medium African creative and fashion enterprises in Africa.
NetDragon signed a Memorandum of Understanding (MoU) with the Ministry of Education of the Republic of Ghana, to secure a long-term relationship for investment in a broad range of solutions and services.
Despite the dual challenges of low internet penetration and a switch to virtual teaching due to the COVID-19 pandemic, teachers in Ghana have embraced the opportunity to learn 21st-century digital teaching skills
Leading multi-category delivery platform Glovo recently announced the expansion of its operations in Africa, to include Ghana and Tunisia, bringing its current operations to a total of seven countries on the continent.
To help reduce inequities in Ghana's healthcare delivery, Penplusbytes together with its partners, SEND Ghana and the Ghana News Agency, implemented the USAID funded People for Health (P4H) project and are set to host the maiden edition of RIHCA 2021.
Launched more than 14 years ago in Kenya, M-Pesa is today available in Kenya, Tanzania, Mozambique, DRC, Lesotho, Ghana and Egypt.
Smart Africa has announced that Afriwave Telecom has become the latest private sector member of the Smart Africa Alliance. The organisations will work together towards the vision of transforming Africa into a single digital market.
Autochek has on Monday announced that it has reached an agreement to acquire ROAM Africa's automotive marketplaces Cheki Kenya and Uganda.
The World Bank approved $103.4 million for Ghana to reverse land degradation and strengthen integrated natural resource management in about 3 million hectares of degraded landscapes.
Participants of a G20 Compact with Africa meeting assessed Africa’s progress in fighting the Covid-19 pandemic.
Nigerian mobility startup Plentywaka raised $1.2 million seed round, after successfully ending the Techstars Toronto Accelerator Program in July 2021. The startup also announced it has fully acquired Ghana’s mobility startup Stabus.
LeapFrog Investments has acquired a 16.94% stake in Ghana’s largest privately-owned bank, Fidelity Bank from Amethis and ERES, to further drive digital transformation and financial inclusion across Ghana.
The african|markets team is proud to announce the launch of the public version of the Research, an Africa-focused research distribution platform that connects investors to some of the best equity analysts covering Africa’s frontier markets.
The African Development Bank (AfDB) and the Ministry of Finance in Ghana have launched a $7.4 million Institutional Support Project to strengthen domestic revenue mobilization.
Under the partnership, IFC will invest roughly $3 million in Quest Medical Imaging (QMI) Ghana, which is majority owned by BRP.
Ghanaian startup Plendify has launched a B2B e-commerce marketplace to connect customers with small and large African wholesalers, manufacturers, exporters, and importers.
Bank of Ghana partners with Giesecke+Devrient to pilot first general purpose Central Bank Digital Currency in Africa
The Bank of Ghana has signed an agreement with G+D to implement a pilot CBDC project as a precursor to issuance of a digital form of the national currency, the Cedi.
Resolute Mining announced it has agreed to sell its interest in the Bibiani Gold Mine to Asante Gold for total cash consideration of $90 million.
Mdxi-MainOne consolide sa position dans le developpement de l'écosystème numérique de l'Afrique de L'Ouest
MDXi, une entreprise de MainOne continue de consolider sa position de leader des data center en Afrique de l'Ouest avec le lancement de son nouveau data center à Appolonia City, au Ghana.
MDXi, a MainOne company, continues to consolidate its position as the leading Data Center Business across West Africa with the launch of its recent Data Center in Appolonia City, Ghana.
An INTERPOL operation saw thousands of checks carried out against its global databases in order to strengthen efforts against cross-border crime.
Cellulant has successfully rolled out Tingg, a digital payments platform enabling businesses and their consumers to accept and make payments seamlessly.
Microsoft to partner with Kenya and governments across Africa to transform education for Millions of students
Microsoft has committed to collaborate with the Ministry of Education in Kenya as well as governments across Africa to transform the education sector.
Ecobank Group and the AUDA-NEPAD, held a virtual graduation ceremony for more than 200 alumni of the inaugural Ecobank’s MSME Training for Financing Program.
Medical Credit Fund (MCF), the not-for-profit fund for financing small and medium-sized (SMEs) healthcare companies in Africa, announced the disbursement of its first loan within MCF2.
The African Trade Insurance (ATI), announced the closing of two €203 million financing agreements social loans, to fund four health and two transportation projects in Ghana.
AfDB, KOAFEC fund database system to improve utility regulation for Public Utilities Regulatory Commission of Ghana
AfDB and KOAFEC Trust Fund have funded a Database Management System (DBMS) to improve the operations and functions of the Public Utilities Regulatory Commission (PURC) of Ghana.
Nanodropper partners with Unite For Sight to provide better access to vision-saving medications in Ghana
Nanodropper, a medical device company, is joining forces with Unite For Sight to launch a global health initiative aimed at providing better access to vision-saving medications in Ghana.
A business which gives out virtual cash in exchange for rubbish, a start-up that converts faecal sludge into fuel briquettes, and an enterprise which offers smart metering solutions for solar mini-grids, have won the SEED Awards
Leading global marketing measurement, AppsFlyer, has launched a report with Google that reveals a booming African mobile app market, propelled by a growing fintech space.
A jumbo road interchange financed by the African Development Bank Group has opened in the Ghanaian capital, Accra, amid hopes the new infrastructure will help reduce road fatalities, ease mobility and spur trade within Ghana as well as with its neighbors.
Ghana’s Internet ecosystem has received a welcome boost from a collaboration with local player, Ecoband Networks and Workonline Communications, one of the largest IP transit providers on the African continent.
Pipit Global has announced that in Nigeria, Kenya, Uganda, Tanzania, Mali, Senegal, and Ghana, consumers can now avail of transactions through the pipit platform at lower rates than ever before.
IronRidge Resources entered a conditional binding agreement with Piedmont Lithium to fully fund and fast track the Ewoyaa Lithium Project, part of the Company's Ghanaian Cape Coast Lithium Portfolio (CCLP), to production.
[Ghana] USTDA invests in development of aircraft maintenance facility at Kotoka International Airport
The U.S. Trade and Development Agency has announced grant funding for a feasibility study to support the development of an aircraft maintenance, repair, and overhaul (“MRO”) facility at the Kotoka International Airport (KIA) in Ghana.
TechnipFMC has been awarded a significant(1) integrated Engineering, Procurement, Construction and Installation (iEPCI™) contract for the Jubilee South East development, located offshore Ghana.
Eni announced a significant oil discovery on the Eban exploration prospect in CTP Block 4, offshore Ghana. The Eban - 1X well is the second well drilled in CTP Block 4, following the Akoma discovery.
The debt and equity raise for challenger fintech, Zeepay, head-quartered in Ghana, follows a $20 million equity and debt capital raise for Tugende, an East African technology-enabled asset financing business.
Opera is launching Hype Clubs, public and interest-based group chats in Hype, the new chat service built into the Opera Mini web browser. Hype is currently available and quickly gaining popularity in Kenya, South Africa, Ghana, Zambia, Nigeria and other English-speaking African countries.
The partnership will provide local SMEs with tailor-made digital solutions to enable them to adapt to the disruptions caused by the COVID-19 pandemic, continue interacting with customers online and grow their businesses.
Green Gold Farms is tackling the problems of poverty, lack of economic opportunity, and malnutrition and related illnesses in Northern Ghana through large-scale agricultural production.
Ghanaian Fintech startup Zeepay, has announced the completion of a USD7.9 million Series A.0 funding. The funding is a hybrid of both equity and balance sheet funds to support its operations.
Social media adoption helps small and medium-sized businesses power Africa’s economic growth, report
A study conducted by Genesis Analytics in eight African countries - Senegal, Côte d’Ivoire, the DRC, South Africa, Nigeria, Ghana, Mauritius, and Kenya - reveals that social media platforms help accelerate economic growth and opportunity across the continent.
Carbon, the Pan-African fintech company providing access to basic financial services for Africans, announced a strategic five-year partnership with Visa, to offer both digital and physical issuance of Visa cards to its customers.
[Africa Tech Review] Duncan Mochama: MTN is investing $1.5 billion to expand broadband access across Nigeria
MTN announced plans to invest 640 billion naira, approximately US$1.5 billion, over the next three years to expand broadband access across the continent’s most populous country.
The Ghana Cocoa Board (COCOBOD), signed an agreement with Bühler to build Ghana’s local cocoa processing and value addition capacity through training, product development and technology guidance.
Opera has launched Hype Clubs, public and interest-based group chats in Hype, the new chat service built into the Opera Mini web browser. Hype is currently available and quickly gaining popularity in Kenya, South Africa, Ghana and Zambia.
MainOne, the provider of connectivity, cloud and data center solutions in West Africa is set to launch the Appolonia Data Center of its subsidiary, MDXi, in Accra, Ghana.
Telcoin, a blockchain-powered fintech disrupting the $700 billion international remittance industry, has extended its digital money transfer service to 23 additional mobile money platforms in 16 countries.
The World Economic Forum WEF), in partnership with the Government of Ghana, is launching the first Country Financing Roadmap (CFR) for SDGs initiative in Africa.
Running until 2030, the Women in Shea (WISH) initiative aims to reach 13,000 women shea collectors from more than 150 communities in northern Ghana.
The African Development Bank (AfDB), and the Securities and Exchange Commission (SEC) of Ghana, launched a $400,000 project to strengthen the development of Ghanaian capital markets.
General Electric has announced the appointment of Dr. George Uduku, a Nigerian national, as the General Manager for West Africa
CODE, a network connecting local and international stakeholders to address the digital gender divide and drive sustainable economic growth in Africa, has opened nominations for the inaugural ‘Digital Equality Awards’ in Ghana and Uganda.
An emergency response plan for managing incursions of Invasive Alien Pests (IAPs) in Ghana has been validated at a stakeholder workshop organized by CABI in collaboration with the Plant Protection and Regulatory Services Directorate.
The ECOWAS Bank for Investment and Development (EBID) has granted a $50 million facility to the Consolidated Bank Ghana (CBG), to support Ghana’s road infrastructure development.
Starsight Energy, the leading African Commercial and Industrial solar power provider, is delighted to announce the completion of a 950kW solar system for the Big Bottling Company plant in Ogun State, Nigeria.
President Akufo Addo of Ghana, Werner Hoyer, President of the European Investment Bank and Thomas Östros, Vice President, formally agreed to €170 million EIB backing for the new National Development Bank of Ghana.
In support of Ghana's offshore LNG development, MDL announced the completion of flexible installation at the Tema port.
ROYBI INC, the creator of ROYBI Robot for children, entered into a collaboration agreement with LING Project to provide its educational robot and other resources to selected schools in Ghana.
GoldStone Resources announced that mining and ore stacking at the Homase Mine within its Akrokeri-Homase Gold Project (AKHM), in Ghana has commenced with the first mined ore having been successfully stacked onto the heap leach pad.
Global standards organization ASTM International and the American Petroleum Institute (API) have announced a partnership on a project aimed at harmonizing petroleum standards in the West African region.
At an inflection point in their entrepreneurial journeys, Fellows will learn from MIT faculty, connect with investors, and expand their network of peer innovators.
Galiano Gold announced that exploration work has commenced on its 100% owned Asumura property in Ghana.
IFC and Ghana's Securities and Exchange Commission (SEC), announced a partnership to facilitate investments in projects that address climate and environmental issues through green bonds.
Kaazi, a new startup founded by Nana Yaw Oppong-Mensah, wants to help football players in Ghana and Africa connect to clubs safely.
Ghana is now expected to receive its first LNG cargo at the end of this month, a project spokesman said, as the country prepares to become sub-Saharan Africa's first LNG importer.
Twitter CEO Jack Dorsey to stay in Ghana for six months to help set up the company’s Africa headquarters
Reports now indicate that Twitter CEO and Founder Jack Dorsey will settle in Ghana for six months to help set up the new office in Ghana.
George-Yanwah has been appointed as chief executive officer Ghana for e-commerce company Jumia,.
The Bank of Ghana has said total banking sector assets as of end-February 2021 increased by 18.5 per cent year-on-year to GH¢152.0 billion, marginally higher than the annual growth of 17.8 per cent as of end-February 2020.
As part of its strategy to grow its business in West Africa, Kaspersky has partnered with value-added distributor DataGroupIT who will provide the global cybersecurity company with access to new markets in Nigeria and Ghana.
Kaspersky has partnered with value-added distributor DataGroupIT who will provide the global cybersecurity company with access to new markets in Nigeria and Ghana.
The Ministry of Employment and Labour Relations, the International Labour Organisation and the European Union have jointly launched the Trade for Decent Work (T4DW) Project in Accra.
The National Malaria Control Programme (NMCP) has laid out a five-year national strategic plan to help scale up malaria control and prevention in the country.
Two years on from the launch of a pilot programme, more than 1.7 million doses of the world’s first malaria vaccine have been administered in Ghana, Kenya and Malawi, benefitting more than 650 000 children with additional malaria protection.
Domino's Pizza Inc. one of the largest pizza companies in the world based on global retail sales, is continuing its global growth momentum, as the first Domino's store in Ghana is now open.
In a private placement Zeepay and Mangwee agreed to a sale of 51 percent of Mangwee shares to Zeepay. The deal makes Zeepay Ghana the majority shareholder of the entity.
Gateway Real Estate Africa (GREA), a private real estate development company specialising in turnkey construction in Africa, announced that it will build its first commercial office building in Ghana at Appolonia City
UNICEF has announced the twenty-two startups that will be taking part in this year's cohort of the UNICEF Startup Lab, a co-creation space and accelerator.
[Africa Tech Review] Duncan Mochama: Twitter Opens First African Office in Ghana to Tap Fast-Growing Market
Twitter announced that it's finally coming to Africa. The microblogging site announced on Monday that it was opening a new office in Ghana, which it said was in line with its growth strategy.
Twitter is coming to Africa, the social media company announced Monday. The company seeks to build a team in Ghana, which it said was in line with its growth strategy.
L'entrepreneur Britanique-Ghanéen, Stephan Eyeson, est actuellement PDG et fondateur de la société panafricaine de collecte de renseignements sur les consommateurs, Survey54.
Willis Towers Watson, a global advisory, broking, and solutions company, has named Nana Gaisie as the new Head of Willis Towers Watson Ghana.
[Africa Tech Review] Duncan Mochama: Africans are increasingly using eCommerce in response to COVID-19 restrictions
Ten countries are responsible for 94% of all online business in Africa. South Africa, Egypt, Nigeria, Algeria, and Kenya together account for 78% of total marketplace traffic.
Fintech startup Dash App has raised $500K+ pre-seed financing to expand its operations to Kenya and Ghana.
Based on the previously announced Conditional Letter of Award, Maersk Drilling has been awarded a contract from Tullow Ghana, for the provision of the ultra-deepwater drillship Maersk Venturer and additional services for a development drilling campaign.
Binance Charity announces $1 million crypto donation to UNICEF to help in global COVID-19 vaccine rollout
Binance Charity has announced the world’s first crypto donation to UNICEF’s role in the global COVID-19 vaccine rollout—the largest vaccine procurement and supply operation ever undertaken.
Ivorian based in Ghana, Charlette N’Guessan is a tech entrepreneur who collaborates with various organizations that strongly advocate for gender balance in the tech ecosystem.
MedAccess, a social finance company established by CDC to increase patient access to life-changing medical supplies in Africa and South Asia, announced a one-year extension to its $50 million procurement guarantee for UNICEF.
Tullow Oil announced the start of a multi-year, multi-well drilling campaign offshore Ghana with the commencement of drilling of the first well at the Jubilee Field yesterday.
The Chief Executive Officer for Mobile Money Limited, Eli Hini has ruled out the use of proxies in withdrawing cash from any MTN Mobile Money Account in the country.
BBC World Service partners with AfricaWeb to offer digital content to audiences in Ghana and Cameroon
This partnership will offer for the first time The Comb podcast, a unique and fascinating news and current affairs product aimed at younger audiences across the continent.
Pan-African fintech company, Accelerex Ghana has been granted an enhanced Payment Service Provider (PSP) licence from the Bank of Ghana.
Curacel, an AI-powered platform for claims processing and fraud management in Africa, raised a $450,000 pre-seed funding in a round led by Atlantica Ventures and Consonance with participation from Kepple Ventures and other African angel investors.
British-Ghanaian entrepreneur, Stephan Eyeson, is current CEO and Founder of pan-African consumer intelligence gathering firm, Survey54.
The U.S.-Ghana Alumni Association (USGHAA) met on Saturday March 27, 2021, to announce the results of a national election among Ghanaian alumni of U.S. government-sponsored programs.
The Ghana National Petroleum Corporation (GNPC) has said the new regasification plant being constructed at the Tema Liquefied Natural Gas (LNG) Terminal will safeguard the country’s future energy needs and usher in an era of cheaper gas.
Upfield has also registered as a GSA sustainability partner, committing to promoting the sustainable development of the shea sector. Joining the Global Shea Alliance is an important component of Upfield’s sustainability strategy.
A total of 314 million mobile users across eight developing countries benefited from free internet access during the hardest months of the pandemic, despite having run out of credit or not being physically able to top up.