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30-10-2014 22:52:00 | by: Administrator | hits: 16869235 | Tags:

[Ghana] ITU Selects NCA as partner to deliver Quality of Service training
19-04-2019 | 06:08:00
Ghana’s telecommunications regulator, the National Communications Authority (NCA) has been selected by the International Telecommunications Union (ITU) as a training partner in QoSTP.
UNDP, Sahara Group collaborate to promote renewable energy in Africa
18-04-2019 | 08:35:38
The Sahara Group and UNDP are joining forces to promote reliable access to affordable and sustainable energy across Africa.
Aker Energy announces $4.5 million capacity-building support in Ghana
11-04-2019 | 09:27:22
Aker Energy has pledged $4.5 million in support for the Accelerated Oil and Gas Capacity-Building (AOGC) programme in Ghana.
AfricaOnline Ghana launches JOLA Ka-Band high-speed broadband Satellite service on Avanti’s HYLAS4
11-04-2019 | 05:16:00
AfricaOnline has launched its new JOLA service, a high-speed broadband satellite service powered by Avanti’s HYLAS4 satellite that offers 100% coverage of Ghana through multiple spot beams.
South African Airways expands nonstop flights between Washington DC and Accra, Ghana
09-04-2019 | 05:37:00
South African Airways (SAA) has increased its frequencies on nonstop flights between Washington, D.C.-Dulles International Airport and Accra’s Kotoka International Airport to five days weekly.
Siemens launches data visualization project that transforms Africa’s urban centers into smart cities
08-04-2019 | 06:30:11
Siemens has launched an extraordinary data visualization project called FABRIC.
Jiji welcomes OLX users in Africa
02-04-2019 | 13:51:54
Jiji and OLX announced that both companies have reached an agreement under which Jiji will acquire OLX businesses in Ghana, Kenya, Tanzania, and Uganda, pending certain regulatory approvals.
USTDA supports new U.S. company partnership to bring solar systems to Ghana
02-04-2019 | 12:36:42
The USTDA announced a grant supporting a feasibility study for solar systems that will bring to clean power to thousands of people in Ghana.
Alexander Forbes and Mercer launch Arrive, a benefits solution targeting employees in Ghana
02-04-2019 | 08:59:00
Only about a quarter of Ghanaian workers in the formal sector have access to suitable benefits.
[Interview] Faridah Afadameh, CEO, Ashfar Group, Ghana
01-04-2019 | 12:19:00
Faridah Afadameh is CEO of Ashfar Group, a pan African business enterprise with footprints in West Africa, East Africa and Southern Africa.
[Ghana] AfricaOnline appoints Foster Plender as Managing Director
01-04-2019 | 07:51:00
AfricaOnline, Ghanaian ISP and a Gondwana International Networks subsidiary, has appointed industry stalwart, Foster Plender as its Managing Director.
PEG Africa raises $25m to accelerate off-grid solar expansion in West Africa
28-03-2019 | 11:52:28
PEG Africa, a West Africa-based pay-as-you-go (PAYG) solar company, has raised a US$25 million Series C funding round, taking its funding total to US$50 million.
Global Logistics Platform Kobo360 to Launch in Ghana and Kenya
28-03-2019 | 05:32:00
Kobo360, the technology logistics platform, today announced that it will expand operations into Accra, Ghana and Nairobi, Kenya.
Oracle partners with the Government of Ghana to support local entrepreneurs
27-03-2019 | 13:15:33
The Oracle Global Startup Ecosystem and the Government of Ghana have announced a new collaborative effort to support technology-enabled startups and entrepreneurs across Ghana.
Hershey unveils plans to restore forest cover in cocoa growing regions of West Africa
20-03-2019 | 10:45:00
Global chocolate manufacturer The Hershey Company has announced plans to protect forests and restore forest cover in the cocoa growing regions in West Africa.
IFC, Ghana Stock Exchange and others partner for gender equality
19-03-2019 | 12:10:00
IFC is partnering with GSE and over 70 other stock exchanges around the world to “Ring the Bell for Gender Equality”, an initiative that will seek to promote increased women’s participation in the global economy.
South Africa companies to seek trade and investment opportunities in Ghana
19-03-2019 | 07:11:00
Twenty-seven South African companies will get an opportunity to explore trade and investment opportunities in Ghana when they participate in an Outward Trade and Investment Mission from 24-30 March 2019.
[Ghana] President assents to Civil Aviation Amendment Bill
18-03-2019 | 15:06:00
President Nana Addo has assented to the Ghana Civil Aviation (Amendment) Bill to become Act 985 (2019).
41billion barrels of crude oil remain untapped in SSA region - NNPC chief
18-03-2019 | 08:28:06
The Group Managing Director of the Nigerian National Petroleum Corporation, Dr. Maikanti Baru, has stated that more than 41billion barrels of crude oil and 319trillion cubic feet of gas are yet to be discovered in Sub-Saharan Africa.
[Ghana] AirtelTigo unveils Flexi Business solution with focus on SMEs
15-03-2019 | 06:54:00
On a journey to catalyze innovation and fast-track growth for businesses, AirtelTigo Business has rolled out “Flexi Business”, a tailor-made mobile solution for small and medium enterprises.
[Ghana] Asante Gold explores new mining technology for Kubi Project
13-03-2019 | 08:30:00
Asante Gold Corporation has announced that a new mining technique, Sustainable Mining by Drilling, SMD, is currently under review by the Company for its future application at its Kubi Gold project in Ghana.
Aker Energy announces successful drilling results in Pecan well offshore Ghana
07-03-2019 | 10:08:00
Aker Energy, as the operator of the Deepwater Tano Cape Three Points block, announced that it encountered oil in the Pecan South-1A well offshore Ghana.
[Interview] Eric Acquah, Founder, AcquahMeyer Drone Tech, Ghana
05-03-2019 | 10:32:00
Ghanaian entrepreneur, Eric Acquah, uses his experience in the Aerospace and Aviation industry to better Agriculture and farm productivity in Ghana.
UKEF supports UK firms to develop critical Ghanaian infrastructure
05-03-2019 | 10:19:00
International Trade Secretary Dr Liam Fox announced that UK Export Finance (UKEF) will support UK firms with £130 million for three projects in Ghana.
Barry Callebaut picks Redavia to establish solar farm at the Ghana cocoa factory
05-03-2019 | 09:35:36
Barry Callebaut, the world's manufacturer of chocolate and cocoa products, has selected solar company REDAVIA to establish a solar farm at their factory in Tema, Ghana.
Jumia and Xiaomi partner to drive smartphone penetration in Africa
01-03-2019 | 10:03:18
Jumia has signed an important partnership with technology leader Xiaomi at the Mobile World Congress in Barcelona, giving millions of users in Africa easy access to Xiaomi products.
South African Airways increases West African connectivity
28-02-2019 | 13:08:00
South African Airways has enhanced connectivity for its customers travelling to, from and beyond the West Africa region following the successful completion of a MOU with Africa World Airlines, the airline’s Ghanaian partners.
Standard Chartered launches digitally-led retail banks in Tanzania, Ghana
25-02-2019 | 09:41:00
Standard Chartered has completed a simultaneous multi-market launch of its digitally-led retail banks in Tanzania and Ghana, with Kenya’s roll out scheduled to occur shortly.
Surfline partners with Ghana Library Authority to provide Wifi to public libraries
22-02-2019 | 07:18:00
Surfline Communications Limited has partnered Ghana Library Authority (GhLA) to provide Wifi connectivity to patrons of public libraries in the Greater Accra Region.
Patricia Obo-Nai becomes first Ghanaian to be appointed CEO of Vodafone Ghana
21-02-2019 | 11:25:53
Telecommunication company Vodafone Ghana has appointed Patricia Obo-Nai as its new Chief Executive Officer (CEO) effective April 1, 2019.
Celtel Networks, RAC, CEIEC sign agreement for the $300 million Ghana Smart Cities project
21-02-2019 | 09:46:50
Celltel Networks, Roberta Annan Consulting and Chinese international cooperation company (CEIEC) have signed an agreement for the execution of the $300 million Ghana Smart Cities project.
FemiTI initiative enlists more Ghana girls into STEM
13-02-2019 | 06:52:00
With a significant drop-out rate of girls from primary school to secondary school and college, one new initiative in Ghana aims to improve the country's innovation.
Citi launches global depositary note capabilities on Ghanaian debt securities
12-02-2019 | 12:18:00
Citi’s Global Issuer Services business, acting through Citibank, N.A. in its capacity as a depositary bank, has expanded its Global Depositary Note (GDN) product capabilities to Ghanaian government debt securities.
[Ghana] Mercer partners with Learning Organization to tap local talent
08-02-2019 | 07:03:17
Mercer, a global consulting leader in advancing health, wealth and careers has entered into a strategic partnership agreement with Learning Organisation, a Ghana based Consulting firm.
Renault mulls establishing assembly plant in Ghana
05-02-2019 | 08:08:00
Renault, the French multinational automobile manufacturer is to establish an assembly plant in Ghana.
World Bank Group and Germany launch collaboration on Africa development projects
01-02-2019 | 10:18:00
The World Bank Group and the German Federal Ministry for Economic Cooperation and Development (BMZ) have announced a deeper partnership for economic development in six countries in Africa.
Standard Chartered launches second wave of digital-only retail banks across Uganda, Tanzania, Ghana and Kenya
31-01-2019 | 06:28:10
Standard Chartered bank has announced the start of the second phase of its digital-only retail bank across Africa.
Ghana raises Africa's leisure tourism bar - HTI Consulting research
29-01-2019 | 09:30:00
“Continued economic growth in many African countries is driving greater interest in the continent from a tourism perspective but it’s interesting to see that Ghana, in particular, is proving increasingly attractive as a leisure tourism destination.”
[Kenya] GreenTec invests into SuperFluid Labs
29-01-2019 | 07:38:00
GreenTec has announced its investment into SuperFluid Labs, a SAAS provider of data analytics and artificial intelligence solutions.
Nestlé Ghana signs agreement with Ghana Standards Authority
28-01-2019 | 11:53:00
Nestlé Ghana and the Ghana Standards Authority have signed a Memorandum of Understanding to forge a strong cooperation in the sharing of scientific and technical information.
[Ghana] Keerapa Active sets eyes on professional sports facility through crowdfunding campaign on Indiegogo
24-01-2019 | 07:11:47
The world of football and sports in general in the West African nation of Ghana is about to have a special facility that promises to make the lives of aspiring footballers players and other athletes easier.
BizMerlinHR enters Ghana market
23-01-2019 | 09:51:17
Innovative human resources management company BizMerlinHR announced it has expanded into Ghana.
[Ghana] Mobile money interoperability shows 2.2 million transactions in December
21-01-2019 | 09:08:00
Cross network mobile money transfers were done about 2.2 million times between May and December last year.
VFS Global awarded contract to open new passport application centers in Ghana
17-01-2019 | 11:49:03
VFS Global has commenced operations with its first Passport Application Centre in the capital city of Accra on behalf of the Ministry of Foreign Affairs.
[Ghana] Rendeavour rolls out American Tower communications infrastructure at Appolonia City
16-01-2019 | 06:28:11
Appolonia City has partnered with ATC Ghana, a subsidiary of American Tower Corporation, to deploy cell towers within Appolonia City's 2,325-acre development in Greater Accra.
Pioneer Kitchenware compulsorily de-listed from Ghana Stock Exchange
15-01-2019 | 08:36:47
The Ghana Stock Exchange (GSE) has decided to compulsorily de-list Pioneer Kitchenware Limited (PKL) from the Main Equity Market of the Exchange.
AgDevCo invests $3million in Ghanaian farmer-owned Cocoa Company
15-01-2019 | 08:29:16
Impact investor AgDevCo has invested in Kuapa Kokoo Limited, the only licensed cocoa buying company in Ghana which is owned by a cooperative of Ghanaian smallholder cocoa farmers.
[Ghana] Aluworks and Cocoa companies taken off GSE’s ''Watch List''
15-01-2019 | 08:13:00
The Ghana Stock Exchange (GSE) has announced that Aluworks Limited (ALW) and Cocoa Processing Company Limited (CPC) have been taken off the GSE’s “Watch List”.
Vivo Energy Ghana appoints Ben Hassan Ouattara as new MD
10-01-2019 | 13:00:01
Vivo Energy Ghana, the marketers and distributors of Shell branded products and services has appointed Mr. Ben Hassan Ouattara as the new Managing Director (MD), effective 1st January, 2019.
Aker Energy announces Pecan well success in Ghana
10-01-2019 | 10:05:00
Aker Energy, as the operator of the Deepwater Tano Cape Three Points (DWT/CTP) block, has announced that it is about to complete a successful drilling operation of the Pecan-4A appraisal well offshore, Ghana.
Africa Internship Academy tackles African youth unemployment with entrepreneurship programmes
09-01-2019 | 13:24:50
The Africa Internship Academy, a youth employment accelerator provides entrepreneurship programs for secondary, higher education students and graduates to gain entrepreneurial and employable skills.
[Ghana] BlueTown and Microsoft target 800,000 people with broadband internet
09-01-2019 | 07:25:00
Denmark based BLUETOWN has announced a new agreement with Microsoft Corp. that will provide broadband internet access to approximately 800,000 unserved people in the eastern part of Ghana.
Nigerian tomato growers charge Federal Government on processing plant
08-01-2019 | 14:21:00
The Tomato Growers Association of Nigeria (TOGAN) has urged the Federal Government to establish cottage processing plants in tomato producing areas.
[Ghana] Operating banks reduced from 34 to 23
08-01-2019 | 11:08:00
Ghana’s financial space will now have only 23 banks, down from the 34 that were operating in the country as of January 2017.
Redavia signs $2million financing agreement with ElectriFI to support Ghana’s expansion
08-01-2019 | 09:40:10
Solar technology company REDAVIA and ElectriFI have signed a $2million financing agreement to support REDAVIA's expansion in Ghana's industrial and commercial sector.
South African Airways expands nonstop service between Accra and Washington
03-01-2019 | 07:25:55
South African Airways (SAA) has announced it will increase its frequency on nonstop flights between Accra’s Kotoka International Airport and Washington, D.C.-Dulles International Airport to five days weekly.
Ghana announces plans to process half of its cocoa locally
31-12-2018 | 16:35:04
Ghana has announced plans to start locally processing 50 per cent of all the cocoa it produces as it seeks to tap into the revenues of the lucrative crop while creating more jobs for the locals.
[Ghana] AgroCenta receives $250,000 GSMA Ecosystem Accelerator Grant
21-12-2018 | 09:08:00
AgroCenta has been selected to be the recipient of $250,000 GSMA Ecosystem Accelerator Grant, funded by UK DFID, Australian AID, and the GSMA and its members.
[Ghana] Esoko enhaces farmers communication, bolstering markets
18-12-2018 | 07:53:00
Esoko, a Ghanaian technology firm is empowering farmers to get better prices for their products one text message at a time, connecting them directly with the traders.
[Ghana] Emergent Technology acquires InterPay Africa
17-12-2018 | 10:41:34
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
14-12-2018 | 06:56:06
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
11-12-2018 | 09:30:52
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
10-12-2018 | 06:21:07
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
29-11-2018 | 11:44:00
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
29-11-2018 | 09:21:35
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
23-11-2018 | 06:09:00
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
22-11-2018 | 09:56:00
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
22-11-2018 | 06:26:09
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
20-11-2018 | 14:37:00
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
20-11-2018 | 12:43:00
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
20-11-2018 | 09:39:00
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
15-11-2018 | 08:34:00
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
13-11-2018 | 06:59:00
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
13-11-2018 | 06:33:47
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
06-11-2018 | 12:01:00
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
05-11-2018 | 08:41:00
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
05-11-2018 | 06:58:25
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
02-11-2018 | 08:35:50
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
31-10-2018 | 10:10:28
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
30-10-2018 | 09:25:00
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
24-10-2018 | 13:12:12
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
23-10-2018 | 09:06:00
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
18-10-2018 | 10:07:00
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
17-10-2018 | 10:06:49
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
16-10-2018 | 06:29:00
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
15-10-2018 | 09:15:00
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
11-10-2018 | 11:08:00
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
08-10-2018 | 07:44:10
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
05-10-2018 | 06:42:38
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
04-10-2018 | 08:04:00
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
02-10-2018 | 12:59:00
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
25-09-2018 | 05:25:00
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
20-09-2018 | 13:32:00
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
20-09-2018 | 07:44:00
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
20-09-2018 | 06:23:00
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
19-09-2018 | 11:55:17
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
18-09-2018 | 08:58:00
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
14-09-2018 | 11:34:00
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
14-09-2018 | 09:09:47
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
06-09-2018 | 09:01:28
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.