Yango Group, a global tech company headquartered in Dubai that creates everyday services, is gearing up to participate in GITEX Global 2024, one of the largest and most influential technology events in the world. The company, which operate…
SITA, the global leader in technology solutions for the air transport industry, and Innovate UK, the national innovation agency of the UK Government, have partnered to launch a challenge for global innovators. The goal is to develop soluti…
The International Air Transport Association (IATA) has launched IATA Connect, creating a secure community of aviation safety, security, compliance and operations experts at airlines, regulatory agencies and auditors.
With an initial foc…
First National Bank has recommitted to helping to raise funds and awareness for the early detection of breast cancer and treatment in Ghana. The Bank will not only make a cash contribution to the works of Run For A Cure Africa-Ghana, a not…
Africa Finance Corporation (AFC) (www.AfricaFC.org), the continent’s leading infrastructure solutions provider, today announced an outstanding return to the global debt capital markets, successfully issuing a US$500 million 144A/Re…
ARISE IIP, a leading pan-African developer and operator of world-class industrial parks, has announced a significant capital raise of US$443 million.
The funding includes a strategic US$300 million investment from Afreximbank’s …
As Africa transitions toward a climate-resilient, low-carbon economy, the African Development Bank (www.AfDB.org), with support from the Climate Investment Funds (CIF) (http://apo-opa.co/3NaTp3W), is reinforcing its commitment to a…
With recent geopolitical events highlighting the vulnerabilities of global energy supply chains, Africa is attracting increasing attention as a reliable and promising source of oil and gas.
As the world seeks to diversify its energy por…
Thirty-six facilities and players in the hospitality industry have been honoured for their outstanding contributions to the sector at the 2024 Ashanti Regional Tourism Awards held in Kumasi last Friday night.
The 2024 Ashanti Regional T…
Leading foam manufacturer, Latex Foam, has extended its annual goodwill by donating a quantity of leather covered student mattresses and an unspecified amount of cash to the National Chief Imam, Sheikh Osmanu Nuhu Sharubutu, ahead of this …
DELTA Air Lines has deployed its state-of-the-art Airbus A330-900neo on the Accra to New York-JFK route.
Airbus A330-900neo made a maiden landing at the Kotoka International Airport from a non-stop flight from JFK New York.
The arri…
The Emmanuel Co-operative Credit Union Limited, put up a sterling performance of its operations in June 2023 to June 2024 financial year.
The total assets of the Union in the year under review grew from GHC 27, 306, 964. 98 in June 2023…
Questions and Answers on the Ghana Gold Coin
1. What is a Gold Coin?
Response: A gold coin is a coin manufactured primarily from refined gold.
2. What are the types of Gold Coins?
Response: Th…
Puma Energy Ghana, an energy solutions provider, has demonstrated its commitment to energising communities by engaging women, food vendors and hawkers in the bustling markets to educate them on the safe handling and usage of Liquid Petro…
Inflation for the month of September 2024 has increased to 21.5 percent from 20.4 percent recorded in the month of August. The increase is as result of a rise in food inflation.
Food inflation surged to 22.1 percent from 19.1 in Aug…
The Association of Ghana Industries (AGI) has raised concerns that the escalating cost of production in Ghana may drive more businesses to relocate to neighbouring countries.
This follows the recent 3.02% increase in…
The fourth International Coconut Festival intended to bring stakeholders in the business together to network and discuss issues pertaining to the industry has been launched in Accra.
Scheduled for the Accra International Conference Cent…
Prudential Bank LTD (PBL) has once again demonstrated its commitment to education by donating a brand-new Nissan Navara 4x4 pick-up truck to the upcoming Ghana Teacher Prize awards ceremony.
This marks the sixth consecutive year that P…
The Lancaster Kumasi City has been honoured as the Best Four Star Hotel in the Ashanti Region by the Ghana Tourism Authority during a grand ceremony held in Kumasi to celebrate, recognise and reward excellence in Ghana’s hospitality and to…
In a bid to meet the needs of its clientele, Rana Motors has officially unveiled the all-new Hyundai Mighty EX8 truck and the Hyundai County New Breeze bus.
These two Hyundai models have been designed to offer custom…
Liquidity in Ghana’s money market remains constrained as the government fell short of its treasury bill target by GH?2.6 billion in the latest auction.
According to auction results from the Bank of Ghana, the governm…
Karen Kwarteng, Head of Global Market Sales at Stanbic Bank Ghana, says the adjustment of the farmgate price of cocoa is important in curtailing the smuggling of the commodity.
She said, “getting the price right is crucial” to discourag…
Two mining companies have expressed their concerns regarding the escalating activities of illegal miners within their concessions, emphasising the need for a unified response.
Gold Fields Ghana Limited (GFGL), Tarkwa, and Anglogold As…
Construction work on a 50 Megawatts peak (MWp) solar power plant at Galgu, a farming community in the Yendi Municipality of the Northern Region, is about 75 per cent to complete.
The $ 59 million plant is expected to be inaugurated in…
As part of our 'Closer to Our Customers' strategy, we showcased our latest advancements including the EOS R1, EOS R5 Mark II, EOS C400 & EOSC80 to 25 key customers from across Africa; We aimed to equip our customers with firsthand …
Pan-African legal, tax and business advisory group CLG highlighted local engagement and mutual beneficiation as critical to ensuring smooth contract execution when entering Angola’s merger and acquisition landscape, as part of its …
The Amantin and Kasei Community Bank, located at Amantin in the Bono East Region, has reported a pre-tax profit of GH¢1.85 million for the year 2023, an increase from GH¢1.05 million in 2022.
This profit reflects a remarkable growth o…
The International Air Transport Association (IATA) highlighted the important role of the Kingdom of Morocco’s aviation sector in driving economic growth and emphasized the need for smart regulation and cost-effective infrastructure to full…
Cowpea farmers in the Bono Region have appealed to the government for the development and release of more improved cowpea varieties that are pests and drought resistant to enhance cultivation and livelihood of farmers.
According to t…
During a recent three-day field visit to central Côte d'Ivoire, Joseph Ribeiro, the African Development Bank’s (www.AfDB.org) Deputy Director General for West Africa, expressed his satisfaction with the progress of two high-impact …
The International Air Transport Association (IATA) and Airbus, Embraer and Rolls-Royce have established five key principles for access to, and the use of, Aircraft Operational Data (AOD). These are:
1. Consent: AOD can only be extra…
The World Economic Forum launches an innovative Playbook of Solutions to mobilize clean energy capital in the Global South.
The Playbook showcases 100 adaptable policy, finance and de-risking solutions from 47 countries to unl…
About 500 residents of Teacher Mante, a community in the Ayensuano district of the Eastern region, have received free extensive health screening as part of Telecel Ghana Foundation’s Healthfest and Rural Ultrasound initiatives in the area.…
Emirates has announced several appointments across its commercial team in the Middle East and Africa, including the appointment of a new Country Manager for Ghana. These changes are aimed at strengthening the airline’s operations and suppo…
World Heart Day was created in 2000 to inform people around the globe that heart disease and stroke are the world’s leading cause of death, claiming over 20 million lives each year. This year, 29th September was set aside to sensitize peop…
Ivory Coast [Côte d'Ivoire], the world’s leading cocoa producer, has increased the price it pays farmers for cocoa, surpassing Ghana, even though growers in both nations continue to receive significantly less than global market prices.
…
The upstream oil and gas industry regulator, Petroleum Commission, has reaffirmed its commitment to promote sustainable and responsible use of the country's oil and gas resources to enhance national development.
It said over the years,…
The Minister of Trade and Industry, K. T. Hammond, has directed cement manufacturers to secure licences or halt production immediately.
The minister issued the directive last Tuesday to the Cement Manufacturing Development Committee (C…
THE Legal Director for HTS Construction & Dominance Properties, Alex Osei-Owusu, has said owning a property in Ghana is not only about having a place to stay but also a valuable investment opportunity.
For instance, he said the high ac…
Industry experts identify top technology predicaments facing insurance leaders and how to address them.
While billions trust their lives and livelihoods to insurers every day, the insurance sector itself is facing an existential crisis…
Springfield E&P has proudly announced the contracting of the Deepsea Bollsta rig from Northern Ocean Limited (NOL) to lead the appraisal of the Afina-1x well on the deep offshore block, WCTP-2, in Ghana.
In partnersh…
On Friday, September 27, 2024, prominent African leaders gathered at the World Trade Center in New York City for Africa Breakfast Convos, a high-profile event held on the sidelines of the 79th United Nations General Assembly. Co-hosted by …
A new phenomenon in 2024 is taking digital payments to the next level - biometric facial and fingerprint verification. Minimum Deposit Casinos (MDC) - a division of the OneTwenty Group – decided to analyze this technology in September 2024…
The Board of Directors of the African Development Bank Group (www.AfDB.org) has approved a trade finance facility of EUR 70 million for Bank of Africa Morocco (BOA).
“The African Development Bank, which is rated AAA by the largest …
The Bui Power Authority has reaffirmed its commitment to harnessing Ghana’s abundant sunshine to generate renewable energy and meet the country’s growing electricity demands.
During a recent visit to the 50MW solar p…
Ahead of the construction of Ghana's largest pasta production facility, global pasta giant, OBA Makarna, has formed a partnership with Westco Investment Limited, to strengthen its financial muscle.
The two are expected to tap into eac…
Management of Sunlodge Hotel Ltd. has called on hoteliers to adopt strategic approaches and invest in their businesses to remain competitive in the hospitality industry.
The hotel celebrated its 50th anniversary, marking its establi…
The first-ever exhibition to showcase as a prime destination for property investment has been launched in Accra.
Dubbed: “Ghana-Diaspora Home Purchase Expo 2024”, it will showcase a wide range of housing developments and investment oppo…
Africa’s thriving telco sector continues to go from strength to strength. From a base size of $63.17-billion in 2024, the sector is expected to reach $82.34-billion by 2029 as the continent’s youthful population continues to adopt mobile t…
By Antonio Oburu Ondo, Minister of Hydrocarbons and Mineral Development, Equatorial Guinea
ExxonMobil has concluded its operations in Equatorial Guinea after almost three decades, fulfilling its intention, stated in 2022, to le…