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[Ghana] Esoko empowers farmers communication, bolstering markets
Esoko, a Ghanaian technology firm, is empowering farmers to get better prices for their products, one text message at a time.
[Ghana] Emergent Technology acquires InterPay Africa
Emergent Technology Holdings LP, a global financial technology company has acquired Interpay Africa, a payments processor based in Ghana.
Lendable expands access to credit across Sub-Saharan Africa
Lendable, Inc., a New York and Nairobi based technology-enabled funding provider to frontier market alternative lenders has announced expansion of credit model in Africa.
[Ghana] Special Ice picks Redavia to set up its first solar farm
Special Ice, a manufacturing company in the beverage industry in Ghana, has chosen REDAVIA, to establish its first solar farm in Ghana.
Mammoet expands to Africa with Ghana unit
Dutch based logistics company Mammoet is expanding its footprint in Africa with the opening of a new office in Accra, Ghana.
Ghana and West Africa first local currency corporate bond lists on London Stock Exchange
Quantum Terminals Group (QTG), a leading energy infrastructure developer in Ghana, has listed a corporate bond on London Stock Exchange’s International Securities Market.
Pharmaceutical companies deepen strategic focus on Africa, Index
A new access to medicine index has noted increasing interest from multinational pharmaceutical companies in doing business in Africa.
KT, Ghana Health Service bet on big data in disease prevention drive
KT Corporation, South Korea's telecommunications company, has reached a milestone deal with Ghana to fight epidemics.
Japan supports WFP to scale up nutrition programme in Ghana
The United Nations WFP has received US$5m from the Government of Japan to enable scale-up a programme addressing undernutrition, micronutrient deficiencies and obesity in Ghana.
WTO members review regional trade agreements with EU, Ghana and Eurasian Economic Union
WTO members have reviewed the interim Economic Partnership Agreement between the European Union and Ghana at the meeting of the Committee on Regional Trade Agreements.
Oradian and West African partner TAB Finance partner to boost financial inclusion
TAB Finance, a new microfinance bank licensed by the Central Bank of the Republic of Guinea, has joined Oradian’s global community of financial institutions.
Protea Hotels to open its second hotel in Ghana
Protea Hotels by Marriott, part of Marriott International, announced the signing of Protea Hotel by Marriott Accra, Kotoka Airport
[Ghana] Agric sector lending gets GHC400m boost
The Ghanaian Government has set aside GH¢400 million, with an additional funding of $14.0 million from the Africa Development Bank, towards the establishment of the Ghana Incentive Base Risk Sharing System for Agricultural Lending next year.
Ghana implements IMF's enhanced general data dissemination system
Ghana has implemented the recommendations of the IMF’s Enhanced General Data Dissemination System (e-GDDS) by publishing critical data through the National Summary Data Page.
There are business opportunities in China, South African companies
The South African companies that were exhibiting at the 1st China International Import Expo (CIIE) in Shanghai China last week said that there are business opportunities for South African companies in China.
Ecobank, Red Cross partner in digital fund raising initiatives across Africa
Ecobank and the International Federation of Red Cross and Red Crescent Societies (IFRC) have signed an agreement to work closely together to empower local communities to cope with disasters more efficiently.
Outlook for Africa’s oil & gas industry improves - PwC report
The outlook for Africa’s oil & gas industry is positive amid difficult operating and economic headwinds. Tough economic and external conditions have placed pressure on oil & gas companies to be more cost-effective and efficient.
Boomplay and Universal Music Group form distribution partnership in Africa
Boomplay, African music streaming and download service and Universal Music Group (UMG) have today announced the signing of a landmark licensing agreement covering multiple markets within Africa.
[Ghana] Kwame Nkrumah University, TUM partner on sustainable development goals
The Technical University of Munich (TUM) and Kwame Nkrumah University of Science and Technology (KNUST) in Ghana will become partners in innovation and sustainable development.
[Ghana] Common Platform launched to assist taxman, NCA boost operations
Global Voice Group (GVG) has announced the launch of a Common Platform (CP).
Parallel Wireless partners with Telesol 4G to provide 4G LTE in Ghana
Parallel Wireless, Inc., a leader in providing end-to-end open network connecting solutions - 2G, 3G, 4G, and 5G – today announced a partnership with the Telesol 4G brand, the fastest LTE network in Ghana. Parallel Wireless makes deployments as easy and as cost-effective as Wi-Fi and will use its services to connect citizens and businesses in Ghana with 4G wireless services.
[Kenya] UN-Habitat and partners launch a project to cut carbon emissions
A new project aiming to reduce carbon emissions in Africa, The Urban Pathways project, has been launched by UN-Habitat in partnership with UN Environment and the Wuppertal Institute.
[Ghana] Asanko Gold launches women in mining empowerment initiative
International mining company Asanko Gold Inc. has launched the Asanko Women in Mining “Botae Pa Initiative” at the Asanko Gold Mine, AGM, in Ghana, West Africa.
[Nigeria] GTBank Q3 unaudited results show ₦164.2b profit before tax
Guaranty Trust Bank has released its unaudited financial results for the period ended September 30, 2018 to the Nigerian and London Stock Exchanges.
Ghana works with FBI to take down online fraud targeting US companies
Several US firms were recently targeted by online fraudsters who used elaborate scamming schemes to dupe them into incurring devastating financial losses.
Whale Cloud, Alibaba partner with Ghana on innovative city development
Whale Cloud, rebranded from ZTEsoft, has signed a Memorandum of Understanding with the Republic of Ghana on innovative city development at the headquarters of Alibaba Group.
[Ghana] Redavia, ResponsAbility sign $4million clean energy deal
Solar technology company REDAVIA and the responsAbility-managed climate fund have signed a financing agreement for REDAVIA's Ghanaian subsidiary.
Three new airlines to launch in Ghana
BabyJet, Ashanti Air and Unity Air are currently undergoing their certification process with the Ghana Civil Aviation Authority.
GSMA rural connectivity fund targets Ghana, Uganda
The GSMA has launched a new Innovation Fund for Rural Connectivity, aimed at expanding digital inclusion through innovative new technology solutions for connecting unserved rural communities.
[Ghana] Asante Gold seeks buyout for Kubi project
Asante Gold has announced that in addition to its previous disclosure re sourcing a 50:50 joint venture partner for the exploration and development of the Kubi Gold project in Ghana, that the company will now consider cash bids for a 100% buy-out.
Accenture’s system to assist AB InBev in distribution across Africa
Global professional services company Accenture is helping AB InBev, the world’s largest brewer, better manage its sales and distribution operations in Africa with the Accenture NewsPage Distributor Management System.
African Hospitality stats show positive outlook - report
African-based specialist hospitality, real estate and leisure consulting company, HTI Consulting, summarised the top five performers across 13 African cities for the first half of 2018 as indicated by STR Global.
AccorHotels announces First Pullman Hotel in Ghana
AccorHotels and Platinum Properties, the Project Company of the Pullman Accra Airport City, have announced the signing of a landmark agreement for Pullman Accra Airport City.
AfDB supports Ghana’s Renewable Energy Sector with $1.5m grant
The African Development Bank has approved a US$1.5 million grant from its Sustainable Energy Fund for Africa (SEFA), to assist Ghana’s s renewable energy investment drive.
Blockchain technology key to fighting corruption in Ghana
NikGroup, a consulting firm based in Ghana, wants to push for the adoption of the blockchain for social change as the government struggles to fight corruption in Ghana.
[South Africa] Wala wins Zambezi Prize for micropayments platform
The Legatum Center for Development and Entrepreneurship at MIT, has named South African startup Wala as the grand prize winner of the 2018 Zambezi Prize for Innovation in Financial Inclusion, as well as the regional winner of the MIT Inclusive Innovation Challenge.
East Africa economy best performing in the continent, ICAEW report
Despite an economic slowdown, most African countries are reported to have a positive economic outlook. This is according The Institute of Chartered Accountants in England and Wales, ICAEW.
Africa’s entertainment and media industry in wave of convergence, PWC
Africa’s entertainment and media industry has entered a dynamic new phase - a third wave of convergence.
Nestlé, Ashoka launch program to mentor Social Entrepreneurs in Africa
Nestlé and Ashoka have kick-started a social investment accelerator program to accelerate social entrepreneurship and boost the economic development of Africa on 10th September 2018.
Orange invests in MainOne’s West Africa submarine cable system
Telecommunication company Orange and MainOne Cable Company have signed an agreement allowing for a major investment by Orange in the West Africa submarine cable system, MainOne.
MoneyGram and Zeepay launch new money transfer service in Ghana
International money transfer company, MoneyGram and Zeepay, a mobile financial services company, have unveiled a new partnership that enables customers around the world to send money directly to more than 11 million mobile wallets in Ghana.
Power outages in Sub-Saharan Africa cost companies 31% in sales
In Sub-Saharan Africa, countries with unreliable power cost some companies as much as 31 percent in sales, according to a new study released by the Center for Global Development.
[Ghana] Artisanal millers granted limited small-scale timber rights
Artisanal timber millers are the key suppliers to Ghana’s domestic timber market. However, they have only limited access to commercial timber from production forests.
[Nigeria] Tizeti secures $3 million Series A funding, mulls expansion
Nigerian ISP start-up Tizeti and its consumer facing brand, Wifi.com.ng has closed a Series A round of $3 million.
Cargill doubles purchase of cocoa from Ghana, reaching 13,000 farmers
The amount of sustainable cocoa sourced by Cargill in Ghana has doubled since the establishment of its own licensed buying company model, and over 13,000 cocoa farmers are now benefiting from the initiative.
Volkswagen expands engagement in Africa, signs MoU with Ghana, Nigeria
During German Chancellor Angela Merkel’s visit to Africa, Volkswagen signed two memorandums of understanding with the governments of Ghana and Nigeria.
Volkswagen set to establish vehicle assembly facility in Ghana
Volkswagen and Ghana have signed an agreement to establish a vehicle assembly facility and to assess the feasibility of a modern Mobility Concept for Ghana.
UK announces £20 million jobs creation programme for Ghana
Minister for Africa at the Foreign and Commonwealth Office and the Department for International Development Harriett Baldwin has announced a major new jobs creation and investment programme during a visit to Ghana.
Built Custom Burgers expands Into West African market
Built Custom Burgers® has grown its African footprint with the opening of its first BUILT® restaurant in Accra, Ghana located at A&C Shell filling station, Boundary Road, East Legon.
US, Ghana explore cyber security partnership
Senior representatives from the United States and Ghana participated in a U.S.-Ghana Cyber Study visit to facilitate stronger bilateral cooperation on cyber issues.
Ghanaian Government launches ICT Innovation Project
The Government of Ghana, through the Ministry of Communications, is implementing an ICT Innovation Project at the Accra Digital Centre under the eTransform Ghana Project aimed at nurturing Tech Startups to promote digital entrepreneurship and create digital jobs for the youth.
Nestlé Ghana appoints Philomena Tan managing director
Nestlé Ghana has appointed Mrs. Philomena Tan, Business Executive Officer (BEO) for MILO® in Malaysia and Singapore as its new Managing Director.
[Ghana] PassionAir acquires three Q400 aircraft from Bombardier
Bombardier Commercial Aircraft has announced that the company successfully placed three pre-owned Q400 turboprops with PassionAir from the Republic of Ghana.
Mary Chinery-Hesse becomes first female Chancellor University of Ghana
Mrs. Mary Chinery-Hesse has been sworn into office as the Chancellor of the University of Ghana.
Energy Commercial Bank to float shares on Ghana Stock Exchange
One of Ghana's most liquid banks, Energy Commercial Bank is on course to receive a final approval from the Securities and Exchange Commission to float shares to the Ghanaian investing public by next month.
Ghana, Malawi and Zambia farmers to benefit from outgrower scheme
58,500 smallholders in Ghana, Malawi, Uganda and Zambia will benefit from outgrower programmes backed by AgDevCo's Smallholder Development Unit , with farmer incomes set to collectively increase by $8.8 million per year.
World Bank approves $60m credit for Ghana's Energy and Tourism sectors
The World Bank has approved two International Development Association (IDA)* credits of $60 million for the Ghana Energy Sector Transformation Initiative Project and the Ghana Tourism Development Project.
[Ghana] Cardinal Resources discovers gold at Ndongo East site
Australian mining company Cardinal Resources Limited has intersected further gold at a new discovery named Ndongo East in Ghana on its 100 per cent owned Ndongo License.
Ghana cocoa farmers to benefit from satellite technology project
SAT4Farming, an initiative to reach thousands of small-scale cocoa producers with information and services to improve their productivity and sustainability has been unveiled.
Yahsat to launch satellite broadband service across West Africa
Yahsat plans to launch YahClick this year in five new markets in West Africa. The service will be available in Senegal and Gambia through service partner Arc Telecom, in Ivory Coast through CEE-NET, Isocel in The Benin, and through both Teledata and Comsys in Ghana.
[Ghana] Eni starts gas production from Sankofa field
Eni has started gas production from the Sankofa field in the Offshore Cape Three Points (OCTP) Integrated Oil and Gas Project, in Ghana, on schedule during the past weekend.
South Africa keen on balancing two-way trade with Ghana
South Africa is keen on balancing two-way trade with Ghana and key to achieving this, would be the identification of new investment and trade opportunities between our respective countries.
[Ghana] Red Sea Housing picks REDAVIA to implement showcase solar farm
Red Sea Housing Services, a global provider for modular living and working environments for industrial and residential communities, has chosen REDAVIA to implement its first showcase solar farm in Accra, Ghana.
Vodafone Ghana sets conditions for listing on Ghana Stock Exchange
Vodafone Ghana has indicated it would be able to list on the Ghana Stock Exchange (GSE) after dealing with some debt restructuring issues with the government.
Nigeria still leads West Africa hotel expansion - survey
Nigeria holds its pole position for hotel development in West Africa despite a slight reduction on last year, according to a regional focus by the influential annual hotel pipeline survey from Lagos-based W Hospitality Group.
[Ghana] Williamsville Sears set to acquire Royal Systems
Williamsville Sears Management Inc. has entered into the definitive agreement of the previously announced acquisition of Royal Systems & Services Limited in Ghana.
AquaVenture Holdings extends date on Ghanaian acquisition
AquaVenture Holdings Limited, a leader in Water-as-a-Service™ solutions, has entered into an agreement with Abengoa Water Nungua, S.L.U. to extend the long-stop date to September 30, 2018.
Ghana’s main economic initiatives will do little to reduce poverty, UN
Ghana’s flagship policies might well stimulate the country’s economy but they won’t do much to get rid of poverty, even though that is their stated aim, says a UN human rights expert.
Kenya risk reward score among the highest in Sub Saharan Africa, index
Zimbabwe, Egypt and Ghana are the leaders when comparing their September 2017 risk-reward score with the score from June 2018, according to the Africa Risk-Reward Index from Control Risks and Oxford Economics.
GE hits 100th power plant milestone in Sub-Saharan Africa
At the forefront of innovation and technology in energy while collaborating with power producers across the region, GE Power has announced that it has reached its 100th power plant installation in Sub-Saharan Africa.
High performing Ghana firms have gender balanced boards, IFC report
IFC, a member of the World Bank Group, and the State Secretariat of Economic Affairs of Switzerland (SECO), have released a study that demonstrates that better performing companies in Ghana tend to have more gender-balanced boards.
Air Namibia set to launch Windhoek-Lagos-Accra route
Air Namibia is gearing up to launch the Windhoek-Lagos-Accra route, commencing on 29 June 2018.
Google to open Artificial Intelligence research center in Ghana
Google plans to open an artificial-intelligence research center in Accra, Ghana, the latest in a string of investments the tech company has made in Africa.
Nestlé works to improve waste management Ghana
Nestlé is looking to develop the well-organised collection, sorting and recycling schemes across all countries where it operates.
AfDB promotes better access to mortgage finance in Ghana
The African Development Bank approved a US $15-million senior loan to GHL Bank PLC, which focuses on mortgage finance, to enhance its mortgage loan portfolio and help develop an effective affordable mortgage finance sector in Ghana.
IFC invests in Bank of Africa to expand SME lending in eight countries
IFC, a member of the World Bank Group, has announced a $60 million investment in a regional risk-sharing facility to support Bank of Africa Group’s lending to small and medium enterprises in eight African countries.
MTN leverages employee volunteerism programme to empower youth
Thousands of MTN employees in 21 markets across Africa and the Middle East have launched the company’s annual employee volunteerism programme,
[Ghana] Williamsville set to acquire True Life Capital Microfinance
Diversified holding corporation Williamsville Sears Management Inc has signed a Letter of Intent for the acquisition of True Life Capital Microfinance Limited, a Ghana-based microfinance firm.
OROBO allows cross border remittances in West and East Africa
OROBO, the newly-launched money transfer platform from Saana Holdings, is opening up cross- border remittance and bill-payments into Nigeria, Ghana, Kenya, Serria-Leone and supporting financial inclusion in West Africa.
MoneyGram launches money transfer service to all bank accounts in Ghana
MoneyGram has announced the launch of money transfer service directly to any bank account in Ghana. Funds can be sent via MoneyGram online or at any one of MoneyGram's thousands of locations around the world.
MoneyGram launches money transfer service to all bank accounts in Ghana
MoneyGram has launched a money transfer service directly to any bank account in Ghana.
[Ghana] MODEC selects Icertis to reduce risk, improve compliance in vendor contracting
Icertis, the global provider of enterprise contract management in the cloud, has announced that MODEC, has selected the Icertis Contract Management platform to replace their manual contract management processes in Ghana
SGS slashes carbon footprint in Ghana through REDAVIA solar power
SGS has picked REDAVIA to implement it's first renewable energy project in Ghana.
UK expands export finance in West Africa with Ghana office
Ghana becomes the first West African country to have a representative of the world’s oldest export credit agency, UK Export Finance stationed in-country.
[Ghana] Agility leases warehouse space to Cummings as it fosters regional and international trade
Global logistics provider Agility has leased warehouse space in the Agility Warehouse Park in Ghana to Cummins for a new West African Distribution Center.
Bank of Ghana drops policy rate to 17%
As the Bank of Ghana announces a cut in the policy rate from 18 per cent to 17 per cent, the Monetary Policy Committee says it stands ready to take the appropriate policy measures to address any potential threats to the disinflation path.
Land LayBy Ghana launches debut land management blockchain masterclass
In an attempt to consolidate the benefits of the market innovation, Land Layby is adopting Blockchain Technology through its sister Companies - Land LayBy Technologies registered in Australia and Kenya.
Land LayBy Ghana launches debut land management blockchain masterclass
In an attempt to consolidate the benefits of the market innovation, Land Layby is adopting Blockchain Technology through its sister Companies - Land LayBy Technologies registered in Australia and Kenya.
AirtelTigo partners Ericsson to consolidate and upgrade its network in Ghana
Telecom operator, AirtelTigo Ghana has partnered with Ericsson to consolidate and upgrade its network infrastructure. The partnership will enable AirtelTigo to unify its network assets between former Tigo and Airtel.
Accra, Addis Ababa, Dar es Salaam, Johannesburg, Lagos, other African cities commit to delivering their share of the Paris Agreement
Accra, Addis Ababa, Cape Town, Dakar, Dar es Salaam, Durban, Johannesburg, Lagos, & Tshwane today revealed their commitment to bold climate action and pledged to deliver on their share of the Paris Agreement.
World Cocoa Foundation and Ghana Cocoa Board join efforts to preserve Ghanaian cocoa
The World Cocoa Foundation and Ghana Cocoa Board have announced plans to expand their joint efforts to preserve the flavor of Ghanaian cocoa.
World Bank VP for Africa, Makhtar Diop, visits Kenya and Rwanda
The World Bank’s Vice President for the Africa Region, Mr. Makhtar Diop, will visit Kenya and Rwanda from May 2 to 4, 2018. During his visit, Mr. Diop will meet the Kenyan President, H.E. Uhuru Kenyatta and Rwandan President H.E. Paul Kagame.
ION commences new 2D multi-client program offshore Ghana
This data will be the first offshore Ghana to image 40 km below the seafloor. In addition, ION's Marlin™ operations optimization software will help maximize the safety and efficiency of the survey.
ION commences new 2D multi-client program offshore Ghana
Data company ION Geophysical Corporation has begun a new 2D multi-client program offshore Ghana in partnership with Geoex and Ghana Geophysical.
Hapag-Lloyd opens Ghana office with focus on growing African market
German-based transportation multinational Hapag-Lloyd has unveiled its new office in Tema, the most important port city in Ghana.
Marriott Hotels debut in West Africa with the opening of Accra Marriott Hotel, Ghana
Marriott Hotels, part of Marriott International, today announced its debut in West Africa, with the highly anticipated opening of Accra Marriott Hotel.
[Ghana] MainOne extends infrastructure coverage to Takoradi
MainOne, West Africa’s leading communications and data solutions provider, has announced the establishment of a new point-of-presence (PoP) in Takoradi’s Business District, extending the company’s reach in Ghana.
Anglophone West African countries weather odds to project bright economic prospects, Ecobank research
The economic forecast for Anglophone West Africa is looking brighter according to analysis by Ecobank’s research team in the newly published Anglophone West Africa section of its flagship financial website.
[Ghana] Access Bank commits to Global Reporting Initiative sustainability reporting standards
Access Bank Ghana has committed to issuing a sustainability report following the world-acclaimed Global Reporting Initiative, GRI, Sustainability Reporting Standards.
Siemens invests in Ghana’s energy and engineering
Ghana’s steady socio-economic development has made it one of Africa’s fastest growing success stories, but in order to compete with the world’s strongest nations more investment in energy infrastructure and skills development is required.
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Making money with cryptocurrencies - here's how, financial expert
Cryptocurrency has become especially popular over the last few years, as this is one of the ways of additional, and for some people an even primary source of income. Everything is straightforward: buy cheaper, sell more expensive. As well as an investment in the common currency... read more