The total number of Automated Teller Machines (ATMs) deployed by banks across Ghana reached 2,287 by the end of 2023, reflecting a modest 1.4% increase compared to 2022.
In contrast, Point of Sale (POS) terminals exp…
Mr. Percival Ofori Ampomah, General Manager, Venture Capital Trust Fund (VCTF), has advised Small and Medium scale Enterprises (SMES) to be transparent in their operations to attract investors.
He said honesty and trustworthiness were key…
The Ghana Manganese Company (GMC) will soon begin the construction of a phased value addition refinery project with focus on transforming the low grade ore carbonate manganese to a high valued product.
The move is to enhance marketabili…
On the occasion of the 9th edition of the National Cocoa and Chocolate Days (JNCC) held from September 28 to 30, 2024 in Abidjan, Hershey, a leading global chocolate and snacking provider, signed a five-year agreement with nine cocoa-produ…
African Export-Import Bank (Afreximbank) (www.Afreximbank.com) has approved a US$20.8 million financing facility for Nigeria-based Starlink Global & Ideal Limited to enable the company construct and operate a 30,000-metric tonne pe…
AOW: Investing in African Energy (https://AOWEnergy.com) – Africa’s leading oil, gas and energy event – has confirmed attendance for more than 80 ministers and senior officials, representing African governments, energy departments …
Executive Chairman of the First Sky Group, a wholly owned Ghanaian group of companies, Eric Seddy Kutortse, has challenged local contractors to take charge of the future energy ecosystem of the country.
Ghana, he said, boasts of the r…
The Bank of Ghana (BoG) is poised to inject $120 million into the market through an auction for Bulk Oil Distribution Companies (BDCs) in the fourth quarter of 2024.
This move, consistent with allocations in the past two quarters, r…
MTN Nigeria, a leading ICT company, has partnered with Audiomack, a renowned music streaming platform, to introduce the Audiomack+ subscription program. This strategic collaboration provides MTN subscribers with seamless access to premium …
The International Air Transport Association (IATA) released data for August 2024 global air cargo markets showing continued strong annual growth in demand.
Total demand, measured in cargo tonne-kilometers (CTKs*), rose by 11.4% compa…
BH-Fertagro,Ghana's leading import and supplier of fertilizers, has won two awards at the fourth Chamber Business Awards held in Accra.
Affiliated to some global leading producers of Agric-input-based in in North Africa, Eastern Europe,…
The International Air Transport Association (IATA) released data for August 2024 global passenger demand with the following highlights:
Total demand, measured in revenue passenger kilometers (RPK), was up 8.6% compared to August 2023…
Energy demand is projected to increase two-fold by 2050, a Ministerial Panel at the Angola Oil & Gas conference – sponsored by SLB – underscored. The panel noted that this is largely due to a rise in population growth as well as in…
The fifth edition of the Angola Oil & Gas (AOG) conference and exhibition was officially opened with rallying calls by industry leaders and major operators to increase investment and bolster hydrocarbon production. With a target to…
Dr. Kwame Baah-Nuako, the General Manager, Strategy, and Investment at the Ghana National Petroleum Corporation (GNPC), says developing countries with oil must begin establishing stronger collaboration and partnership among themselves to a…
The Government has secured GHc3.6 billion out of eight billion Ghana cedis required to mitigate the effects of the dry spell in eight regions within the north and middle belts of Ghana.
It would therefore commence the distribution of th…
Dr Frank Bannor, the Head of Research at the Danquah Institute, has called for the establishment of a Mining Development Bank to adequately resource indigenous small-scale mining companies to advance the progressive growth and development …
The MTN Ghana Foundation is excited to announce that it has awarded 200 scholarships to students in public tertiary institutions through its Bright Scholarship program. These deserving students will receive full tuition, accommodation, and…
Chief Executive of Telecel Ghana, Ing. Patricia Obo-Nai has urged stakeholders in the digital industry to abandon the silo mentality and embrace collaboration to drive meaningful digital transformation.
Delivering the keynote at the ope…
Telecel Ghana has hosted its inaugural Women 100 Power Connect, a gathering of accomplished and influential women across the country, to climax its Small and Medium-sized Enterprises (SME) Month celebration.
The telecommunications giant…
African countries are seeing an increasing number of opportunities and investments in the energy sector, driven by the need for sustainable energy solutions and the continent's rich energy resources. Here are some of the key areas where op…
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…
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