AquaVenture Holdings Limited, a provider of Water-as-a-Service™ solutions has entered into a binding agreement with Abengoa Water to purchase a majority interest in a desalination plant in Accra, Ghana.
The Managing Director of Eni Ghana Giancarlo Ruiu has signed two separate MOUs with the CEO of the Bui Power Authority Fred Oware and the CEO of the Volta River Authority Emmanuel Antwi-Darkwa, on the joint development of power generation from renewable sources.
As developing countries embrace innovation that will guarantee faster solutions to energy challenges, GE Power and Marinus Energy have announced a pilot project to capture Isopentane gas and use it as a fuel source for generating electricity.
An innovative, new wood and furniture testing centre in Ghana has been commissioned by the United Nations Industrial Development Organization with support from the Government of Switzerland.
Ireland has signed a double taxation agreement with Ghana, an important step to increase trade with West Africa.
At a time when African startups are struggling with access to information on funding and transforming ideas to successful businesses, even as investors express growing appetite for the African startup market, BaobabFund is bridging this information gap.
As the largest producer in West Africa, Nigeria is quickly becoming a hotspot for well intervention activity
African Infrastructure Investment Managers, one of Africa’s infrastructure equity investment managers and a member of Old Mutual Alternative Investments, today announces its acquisition of a minority stake in the Amandi IPP power plant in Ghana.
The American banking firm, JP Morgan Chase & Co aims to grow its presence in Africa by expanding branches to Ghana and Kenya.
Servair, an airline catering and logistics provider in France and Africa and a member of gategroup, announces the inauguration of a new unit in Ghana at Accra airport.
Global confectionery powerhouse Mondelēz International has signed an agreement with the Forestry Commission of Ghana, Ghana Cocoa Board and UNDP, committing to reduce emissions in its cocoa supply chain across Ghana.
Ghanaian startup Kudobuzz has acquired AdGeek, an ad creation tool used by many online merchants for prospecting new customers and ad retargeting.
International energy company ExxonMobil has signed a petroleum agreement with the government of Ghana to acquire exploration and production rights for the Deepwater Cape Three Points block.
Digital security provider Gemalto is providing its PURE white-label payment solution to Ghana Interbank Payment and Settlement Systems, a subsidiary of Ghana’s central bank that manages the country’s interbank payment processing system.
Novartis Foundation and Ghana Health Service announce successful integration and scale-up of telemedicine program
Today the Novartis Foundation and Ghana Health Service are announcing the successful integration and scale-up of telemedicine services across Ghana.
First National Bank has appointed Hannah Annobil-Acquah as Head of Retail Banking. Hannah brings on board a wealth of experience in retail banking, having worked in various functions in the sector for over a decade.
The Ghana Broadcasting Corporation [GBC], has been directed by its Governing Board not to pursue any prosecution of people who may default on the non-payment of TV license fees.
GCB Bank Limited and Attijariwafa Bank Group, Morocco’s largest financial institution, have signed a Memorandum of Understanding to broaden and consolidate financial transactions in Ghana, ECOWAS and beyond.
MultiChoice Ghana has directly contributed over $23million towards Ghana’s GDP in the last three years, according to the Board Chairman Richard Darko.
Entrust Datacard today announced that its technology will be used by the government of Ghana - through a partnership with Identity Management Systems, a subsidiary of Margins Group - to instantly issue national identity cards to Ghanaian citizens.
Clinigen Group has extended its exclusive agreement with Eisai Europe to obtain the marketing authorisation and subsequently launch Halaven (eribulin), Fycompa (perampanel) and Lenvima (lenvatinib) into 10 African countries.
For bond investors, Africa was a happy hunting ground last year. Its local-currency and dollar securities easily outperformed those of emerging markets overall as investors piled into a continent offering high yields and starting to recover from the commodity bust of three years ago.
The Bank of Ghana (BoG) has said that it may not license new banks in 2018, adding that the move is to help facilitate strict measures to implement the new capital requirement of 400 million cedis ($92million) next year.
2018 is set to be a revolutionary year for Africa as the Land LayBy Holdings, the parent holding company of a flagship of real estate & fintech companies sets the pace for the incorporation of blockchain technology in the African real estate sector.
Israeli company Yam Pro Energy last week signed a $180 million MOU with Shapoorji Pallonji Group, owners of the TATA Group, to build a wave energy power station in Ghana.
The World Bank has approved a $200 million International Development Association credit to support Ghana in strengthening its institutions, improving competitiveness for job creation, and maintaining social safety nets to protect the poor and vulnerable.
As part of a program to improve the competitiveness of local businesses, the United States Agency for International Development (USAID) and the Government of Ghana have held a conference for stakeholders in the oil and gas sector.
A.M. Best has affirmed the Financial Strength Rating of B (Fair) and the Long-Term Issuer Credit Rating of “bb” of Ghana Reinsurance Company Limited (Ghana Re). The outlook of these Credit Ratings (ratings) is stable.
The Ghana Export Promotion Authority (GEPA) has launched a national digital market hub, designed to support and guide local exporters and investors in their business interactions .
East Africa is forecast to show very strong real GDP growth of 5.9% over the full year 2017. The biggest contributor to this expansion was Ethiopia (accounting for a full 2% of regional GDP growth), with its stellar performance of 7.1%.
[Column] Nana Yaa Ofori-Atta: Ghana's big push to attract investment from Asia - Japan, Singapore, China - is well underway
At a breakfast meeting held in Accra on Friday December 15th, the Minister of Finance, Ken Ofori-Atta, announced that "we are today examining the possibilities of arranging for a total of $300 - $500m Ghanaian debt issuance on Asian capital markets."
In order to help Ghana meet its industrialization targets, Siemens and Rotan Power have signed a memorandum of understanding (MoU) to develop and build a combined cycle power plant with a capacity of 660 megawatts.
In its bid to promote financial inclusion in the country telecom giant, MTN Ghana, has launched a 30-day loan facility dubbed: Qwikloan.
The Prime Minister of Italy Paolo Gentiloni and the CEO of Eni Claudio Descalzi visited the FPSO Kufuor, the Floating Production, Storage and Offloading unit in Ghana’s offshore.
Tullow Oil is pleased to announce that it has completed the refinancing of US$2.5 billion of Reserves Based Lending credit facilities.
The construction of the new port and logistics hub in Tema will have huge benefits for the Ghanaian economy and the livelihoods of Ghanaian people when opened in 2019.
Kirusa, a global leader in communication solutions over data networks for consumers and enterprises, has launched its Konnect Portal to enable enterprises drive customized flash call marketing campaigns.
On the 21st of November 2017, Equatorial Coca-Cola Bottling Company (ECCBC), in partnership with The Coca-Cola Africa Foundation (TCCAF) and the USAID, inaugurated a WaterHealth Center (WHC) in the town of Prestea, Western Region.
Ghana’s President Nana Akufo-Addo has led the ceremonial ground-breaking of the first phase of a 2,000-unit affordable housing project financed by Ghana Home Loans at Appolonia City, Accra's new city development.
Standard Bank was named the best private bank in Kenya in the 2017 Global Private Banking Awards held in Singapore last week, in recognition of its wealth investment and management arms.
Nestlé Ghana in collaboration with the Ghana Nutrition Society has held a nutrition workshop to foster stronger collaboration to address micronutrient deficiencies in Ghana.
Leading members of the private sector in Ghana and Kenya have acknowledged that both countries have the capacity, economic and investment credentials to transform and expand trade between their respective regional markets.
According to the 2017 Joint Monitoring Program Report by the World Health Organization and UNICEF, more than 3 million people do not have access to improved water and almost 8 million do not have access to improved sanitation in Ghana.
Despite the significant contribution of the mining sector to the economy of Ghana, the country is far from tapping its full potential in creating strong and sustainable linkages, both within the mining sector and more broadly with other industrial activities.
Business Day has discovered that Ghana is making multi-million contributions to the cultivation of onion in neighbouring West African countries.
The savannahs of Africa cover a mind-boggling 600 million hectares, of which 400 million hectares are cultivable, the President of the African Development Bank, Akinwumi Adesina, has said.
Access Bank Plc, the majority shareholder of Access Bank Ghana has announced its intention to inject additional capital into the Bank’s operations in Ghana before end of Q1 in 2018.
SITA is providing its passenger and baggage processing technology as well as its airport management solutions to Ghana’s new Terminal 3 at Kotoka International Airport in Accra, helping cement the airport’s position as a vital regional hub.
Vivo Energy Ghana, the exclusive licensee of Shell branded products has launched onto the Ghanaian market, a new App for motorists with extensive features in the oil marketing industry.
Kyei Faried Owura is the brains behind Edwa Global Company, a Ghana based startup revolutionizing food purchase online in the local and international markets while creating jobs for farmers and players across the value chain.
The National Communications Authority has given approval for the merger between Bharti Ghana Limited (Airtel) and Millicom Ghana Limited (Tigo), to proceed subject to some conditions.
Over 2,000 agribusinesses in the maize, rice and soy value chains in northern Ghana have in the last four years received more than $135 million in private capital support, thanks to the United States Agency for International Development (USAID).
Primrose Properties Ghana is pleased to announce that it has received a follow-on investment from the Atlantic Coast Regional Fund, managed by Advanced Finance and Investment Group Funds.
Erin Energy has announced that funding commitment has been obtained to drill our high-impact Miocene exploration well. Site survey of drilling location has been completed and the well is planned to be spudded during this quarter.
Cloud and on premises enterprise software solutions provider Nice has announced that Nimble Group, an asset management and collections leader, is implementing Nexidia Analytics across all of its customer interactions.
A Special Chamber of the International Tribunal for the Law of the Sea has determined the maritime boundary between Ghana and Côte d’Ivoire, adopting the boundary line claimed by Ghana and rejecting that proposed by Côte d’Ivoire.
40 employees from Samsung's headquarters in South Korea have gathered in Accra to take part in the company's annual Employee Volunteer Programme (EVP).
Silicon Valley tech entrepreneur, Paul Owusu, moved to Ghana and partnered with tech entrepreneur Kojo Sarpong to form Logique, tech accelerator and parent company to tech products Stack, SmartLobby and Coast.
First Atlantic Bank (FAB) has finalized an agreement with Advanced Finance and Investment Group, AFIG Funds, for an investment in the Bank.
Erin Energy Corporation has said that the Special Chamber of the International Tribunal of the Law of the Sea in Hamburg issued its final judgement with regard to the maritime boundary dispute between Ghana and Côte d’Ivoire.
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.