Manganese ore possesses significant potential for various sectors of the Ghana’s economy, including the metal, automotive, and agricultural industries on a global scale, the Manager, Social Responsibility, Ghana Manganese Company (GMC), W…
Ghana is poised to be the first African country to issue Forest Law Enforcement Governance and Trade (FLEGT) licences, with June 30, 2025 set as the starting date.
The move is a significant step in the country's commitment to trade in…
Some soyabean farmers in the Savelugu Municipality have recorded an increase in their yields after adopting new yield-enhancing technologies for production.
They said this had increased their incomes enabling them to support their famil…
Banks and financial technology companies (Fintechs) are leveraging digitalisation to provide tailored solutions that support the growth and sustainability of Small and Medium-sized Enterprises (SMEs) in Ghana.
This includes the use of d…
In a heartfelt show of support for breast cancer awareness, MTN Ghana organized "Y’ello Goes Pink Day" for its staff in October 2024. The event, held at MTN House and its regional offices, was part of a series of activities aimed at raisin…
In a significant step towards boosting financial inclusion and advancing the formalization of Ghana’s economy, Vice President Dr. Mahamudu Bawumia has launched the National Credit Scoring System, branded as MyCreditScor…
Ghana's cocoa production is expected to rebound in the 2024/25 crop season, buoyed by favourable weather conditions, according to local farmers, officials from regulatory body Cocobod, and buyers.
However, challenges such as illegal g…
The government received the highest petroleum revenue for a single half year in 2024 since the start of petroleum production in the country in 2010.
Data from the 2024 Semi Annual Report of the Public Interest and Accountability Commi…
Global energy demand is anticipated to increase 27% by 2040, with fossil fuels projected to account for the lion’s share of the world’s energy mix beyond 2050. Meeting this demand will require alternative energy supplies, and Afric…
The downstream sector is vital in allowing the African continent to benefit from its resources. A panel discussion at this year’s African Energy Week (AEW): Invest in African Energies 2024 conference, titled From Feasibility to Ban…
Africa’s abundant energy potential, coupled with Europe’s ambitious production and import goals, have resulted in the development of a burgeoning global green hydrogen economy. Africa currently has 125 GW of hydrogen capacity with …
November 2024: KFC Mini-Cricket is more than just a sports initiative, it has become a catalyst for social change, nurturing young talent, fostering inclusivity, and instilling life-long values. A recent impact study conducted by Dr Tracey…
The Critical Minerals Africa (CMA) 2024 Summit kicked-off today in Cape Town with presentations on the state of play of the African market presented by market research firms Project Blue and Rystad Energy as well as investment orga…
The African Export–Import Bank (Afreximbank) signed multiple landmark deals at the African Energy Week: Invest in African Energies deal-signing ceremony in Cape Town on Tuesday.
Among these was a $100-million revolving back-to-b…
Global energy majors ExxonMobil and bp affirmed their commitment to oil and gas investment in Africa, expressing interest in forging new partnerships to capitalize on rising energy demand during keynote addresses at the African Ene…
Kosmos Energy highlighted the untapped potential of Africa’s "deep gas resources" and strategies to maximize this potential during the opening ceremony of African Energy Week (AEW): Invest in African Energies 2024.
The deepwater…
Private power and Independent Power Producer (IPP) investments are pivotal for Africa’s energy future if it is to improve energy access and end energy poverty on the continent. The procurement of new, often renewable sources of ene…
In an effort to provide more accessible and convenient service to its growing customer base, leading telecommunications provider, Telecel Ghana, has opened its newest retail shop at the Marina Mall in Airport City, Accra.
The new retail…
Nigerian multinational energy company Oando is targeting a production of 100,000 barrels per day (bpd) by 2028, following its landmark acquisition of Eni’s Nigerian Agip Oil Company (NAOC) earlier this year. The announcement, along…
This year’s African Energy Week: Invest in African Energies 2024 conference featured a Financing Angolan Energies session that explored how Angola can secure the investment it needs to expand its energy sector and leverage its vast…
TDC Ghana Ltd has declared a total dividend of GH¢3 million to the government for the 2023 financial year.
The Chairman of the Board of the company, Kofi Brako, announced this at the Fourth Annual General Meeting (AGM) of the company
…
Market analysts are projecting continued volatility for the cedi, which has now surpassed GHS 17 against the US dollar amid uncertainty surrounding the upcoming general elections.
They warn of potential sharp fluctuations, with the …
The African Energy Week (AEW): Invest in African Energies 2024 Awards Ceremony honored 12 outstanding individuals and companies across 10 categories during the Gala Dinner on Tuesday evening.
These prestigious annual awards cele…
Absa Group has sponsored the Business Ethics (BEN) Africa Conference for the second year. The conference is taking place from 7-8 November in Accra, Ghana.
This year’s edition of the BEN-Africa Conference takes place at Ghana Communicat…
NOVA, an indigenous oil marketing company and a subsidiary of the CH Group, is keen on promoting green energy in Ghana with the donation of clean cooking stoves to local food cooking businesses in Weta in the Volta Region.
There are pla…
The Golden Bean Hotel has been adjudged the Best 3-Star Hotel in Ghana at the National Tourism Awards 2024, organised by the Ghana Tourism Authority (GTA).
The event, held in
Accra at the weekend under the theme: ‘Celebrating innova…
The West Africa Food System Resilience Programme (FSRP) is to offer free grilled-chicken sampling at this year’s Farmers’ Day Exhibition taking place at the Efua Sutherland Park in Accra.
Dubbed: “Chicken Road Show” the event would en…
The Emirates Group today announced its best-ever half-year financial performance, posting a profit before tax of AED 10.4 billion (US$ 2.8 billion) for the first six months of 2024-25, surpassing its record profit before tax for the same p…
Afive-year West Africa Competitiveness Programme (WACOMP) has ended with a significant impact on improving the businesses of 31,000 women owned small and medium enterprises (SMEs) in the country.
The women-led SMEs represented more th…
The Institute of Economic Affairs (IEA) has expressed reservations about the Bank of Ghana’s newly launched Ghana Gold Coin (GGC), which the central bank asserts will encourage savings and improve liquidity in Ghana’s f…
The country’s year-on-year inflation rate rose marginally to 22.1 per cent in October 2024 from 21.5 per cent in September, 2024.
This represents a 0.6 percentage points increase in the rate of inflation.
On month-on-month, the cou…
A panel of experts at Africa Energy Week (AEW): Invest in African Energies 2024 emphasized the critical importance of stakeholder engagement and legal considerations in farm-in and farm-out agreements during a workshop titled, ‘Mas…
Africa must expand its renewable energy manufacturing capabilities and leverage its critical minerals to foster growth in its renewables sector, according to James Mackay, Managing Director at the Energy Council of South Africa.
…
The total volume of internet banking transactions rose by 30.65 per cent, reaching approximately 13.5 million in 2023, up from 10 million in 2022, the Bank of Ghana (BoG) has stated.
Additionally, the value of mobile banking transactio…
Letshego Ghana Savings and Loans Plc has successfully listed its GHS100m Senior Unsecured Dual Bond Offer on the Ghana Fixed Income Market, marking its second issuance this year under its expanded GHS500 million Medium-…
IMANI Africa has expressed concerns over the feasibility of the New Patriotic Party’s (NPP) proposed Gold Purchase Programme as a solution for stabilizing the cedi, arguing that it may be insufficient to address Ghana’s currency and ec…
Manufacturers, designers and local industries players in Delhi, Indian, say the country's local products and markets can help turn the economic fortunes of countries in the global south.
At a market exhibition (Delhi Haat), the traders …
The Ghana Institute of Freight Forwarders (GIFF), the Association of Customs House Agents of Ghana (ACHAG), and all allied trade associations have begun a three-day protest shipping lines over their refusal to review some shipping costs an…
MTN Ghana has officially launched its inaugural Sustainability Week celebration under the theme “Sustainability: Our Collective Responsibility.” This week-long event showcases MTN's commitment to Environmental, Social, and Governance (ESG)…
The government has urged public sector workers to prioritize greater transparency and efficiency in delivering infrastructure to Ghanaians, emphasizing a value-for-money approach.
Mr. Yaw Osafo-Maafo, Senior Presidential Advisor at the …
The African Farmout Forum – as part of the pre-conference workshops at African Energy Week: Invest in African Energies 2024 – featured 16 companies presenting competitive farm-in opportunities in Africa’s leading oil and gas hotspo…
Working with data can be a blessing and a curse. While it is the definitive factor that empowers digital transformation efforts, aids decision-making and stores an organisation's most valuable and confidential assets, dealing with data is …
Scholars from Mozambique, Nigeria, Namibia and Angola gathered at African Energy Week (AEW): Invest in African Energies 2024 (https://AECWeek.com/) in Cape Town to present their innovative solutions to real-world energy challenges …
Global integrated energy firm Unite Oil & Gas unveiled its growth strategy in Africa, with a specific focus on expanding its footprint in the Republic of Congo (RoC), in Cape Town on Monday.
During a Pre-Event Technical Workshop…
betPawa, a leading sports betting company in Africa with a presence in 18 markets, has announced a significant investment in women's football in Ghana. This investment includes sponsoring the Women's FA Cup under its Locker Room Bonus init…
Cyber Incidents is #1 with 47% of responses. Business Interruption is #2 with 29% of responses.
Changes in Legislation and Regulation is #3 with 24% of responses. Climate Change is #4 with 23% of responses.
Market Development…
The International Air Transport Association (IATA) released data for September 2024 global passenger demand with the following highlights:
Total demand, measured in revenue passenger kilometers (RPK), was up 7.1% compared to Septemb…
The Republic of Congo’s (RoC) Ministry of Hydrocarbons will hold a press conference during African Energy Week: Invest in African Energy (AEW) on November 4 in Cape Town to announce the inaugural Congo Energy & Investment Forum (CI…
Stellantis Middle East & Africa (MEA) (www.Stellantis.com) is endorsing “La Croisière Verte”, a remarkable 14,000-kilometer journey across Africa in four fully-electric Citroën AMIs, organized by entrepreneur and former rally drive…
Hisense, a leading brand in global consumer electronics and home appliances, announced its official partnership with the FIFA Club World Cup™ during an event at Shanghai Tower attended by FIFA President Gianni Infantino, FIFA Secretary Gen…
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