Financial analysts and experts have warned that the government’s continuous reliance on the treasury bill market to raise short-term money to finance its operations could defeat the purpose of the debt restructuring programme.
Current…
By NJ Ayuk, Executive Chairman, African Energy Chamber (www.EnergyChamber.org)
Africa may not possess the vast conventional gas resources of the Middle East or Russia, and it may not be able to match the combined conventional an…
GoGlobal (https://GoGlobalgeo.com/), a leading Employer of Record (EOR) is expanding its global footprint with the launch of on-the-ground offices in 18 African countries. The strategic move allows GoGlobal to offer comprehensive local cov…
…winners, runners-up to be honoured during the Africa Summit 10 – 11 July 2023 in London, United Kingdom
The African Leadership Magazine (ALM) is thrilled to announce the winners of the 13th edition of the prestigious African Business …
Bank Group draws curtain on 2023 Annual Meetings with a call for action to do more for Africa; Governors give Bank all-clear to tap capital market, using resources from concessional ADF window.
The Board of Governors of the Afri…
Organisations owe a responsibility to the communities in which they operate to support environmental sustainability. It is for this reason that Vivo Energy Ghana, the Shell Licensee, has donated a skip container to the La Enobal Basic Scho…
The Egyptian capital city of Cairo has been announced as the new host of the third Intra-African Trade Fair (IATF2023) which will now take place from 9 to 15 November 2023.
The IATF2023 Advisory Council said in Cairo that the de…
Young entrepreneurs in Libya face many challenges, including accessing markets and financial resources, and navigating regulations and administrative procedures. The Deraya initiative is designed to equip entrepreneurs with the essential k…
MTN Group has been named by Brand Africa as the number one African brand that is doing good for people, society and the environment in a new category of its annual awards inspired by businesses shifting from profit to purpose. Brand Africa…
Cocoa farmers in the Boinso Cocoa District in the Western South Region, are benefitting from the Cocoa Rehabilitation Programme aimed at cutting and replanting Cocoa Swollen Shoot Virus infected farms.
The measure is a means of containi…
The West African Monetary Institute (WAMI) and EMTECH Solutions Inc. have struck a strategic partnership to modernise country-level and regional regulatory sandboxes, enabling the harmonisation of heterogeneous Fintech regulatory policie…
Some women farmers at the Dissah community in the North Gonja District, Savannah Region, have received a solar-powered irrigation facility to help boost their economic condition through dry season vegetable production.
The project was i…
Ghana must promote ethno-veterinary medicine (EVM) to ensure a more productive livestock agriculture and sustainable animal husbandry especially for smallholder farmers.
Stakeholders made the call at the two-day National Stakeholders Wo…
The Chief Executive Officer (CEO) of MTN Ghana, Mr Selorm Adadevoh, has called for a multi-sectoral collaboration to minimise mobile money and internet fraud in the country.
Considering that Ghana was fast transitioning into a digital e…
We must help businesses prepare for cyber attacks in order to decrease financial risk by identifying data breaches, assessing cyber threats by acting on insights, Country Director of Mastercard Ghana, Bossman Kwapong, has said.
In jus…
The Managing Director of the BULK OIL STORAGE & TRANSPORTATION LIMITED COMPANY (BOST), Mr. Edwin Provençal has received the much anticipated “Exemplary Brand Leadership Award” by Brand Ghana.
Mr. Provençal received the award at the 2ND …
The Public Utilities Regulatory Commission (PURC) says it has facilitated the recovery of GH¢39.4 million in 2022 as revenue for two utility providers from outstanding bills owed by consumers.
They were the Electricity Company of Gha…
Tourism enterprises have been urged to embrace digitalisation and innovation after the COVID-19 pandemic to drive sustainable and inclusive growth of tourism in Africa.
According to the Deputy Chief Executive Officer in charge of Operat…
GIZ, a German organization, has supported 410 Micro, Small, and Medium Enterprises in the Bono, Bono East, and Ahafo Regions with startup equipment worth over one million Ghana cedis.
Some of the items that the entrepreneurs received in…
The Pensioner Bondholders have indicated their readiness to resume picketing on Thursday, June 1, following government’s failure to pay their outstanding coupons.
The Pensioner Bondholders Forum suspended picketing on Monday, May 15, 20…
Mars bars have been given a new look with recyclable paper wrappers instead of plastic.
It is part of a pilot, trialling more environmentally friendly materials for Mars Food's chocolate bars.
The new packaging wi…
The Ministry of Finance, in collaboration with the World Bank, Bank of Ghana, and other financial institutions has held a financial literacy training workshop for businesses in Tamale.
The workshop, which was under the National Financia…
The management of Cardinal Namdini Mining Limited, subsidiary of Shandong Gold, a Chinese mining firm, has reiterated the company’s commitment to engaging in responsible ecological mining to benefit the people and the governments of Ghana …
The country’s upstream oil and gas industry is expected to witness some positive sentiments following the submission of a plan of development (PoD) of Deepwater Tano Cape Three Points (DWT/CTP) block to the Ministry of Energy by Pecan Ener…
The Public Utilities Regulatory Commission (PURC) has given insights into factors that it considered in the approval of the recent 18.3 percent electricity tariff increase.
According to the commission, the tariff was supposed to be incr…
British Airways has announced it is increasing the number of flights between Accra and London, with the addition of three return services a week.
The additional flights, which would begin from October 29, 2023, would give Ghanaian trav…
At the opening of GITEX Africa (www.GITEXAfrica.com), the long-awaited technology event, Epson is on hand with a range of high-performance products, specifically designed for small businesses and startups, offering them reliability, mobili…
United Cities and Local Government of Africa (UCLG Africa) (https://www.UCLGA.org/), in partnership with the African Development Bank (AfDB), is organizing the second phase of its capacity-building program for Chief Financial Officers of A…
As part of broad, ongoing measures to strengthen the cyber security landscape for the banking and financial services industry in Ghana, the Bank of Ghana has established a Financial Industry Command Security Operations Centre (FICSOC) to p…
South Africa’s National Department of Transport has granted powership operator, Karpowership, access to the ports of Ngqura, Durban and Saldanha Bay for 20 years. The Turkish gas-to-power ships will aim to generate 1,220 MW of power and di…
The Namibian Government will sign a feasibility and implementation agreement (FIA) with green hydrogen development company Hyphen Hydrogen Energy for the country’s $10 billion green hydrogen project, set to be located in the Namib Desert’s…
The governments of Angola and South Korea have recently announced their plans to strengthen collaboration in the areas of renewable energy, education, and agriculture.
The agreement was reached during a meeting between Kwangjin Choi, th…
Global oil and gas major TotalEnergies and its partners in the Mozambique LNG project have published an action plan on how they will progress with the development of the natural gas initiative in the southern African country.
The plan, …
Africa’s geologically prospective regions and abundant natural resources make it an attractive destination for investment.
With the increasing demand for minerals like lithium in clean energy technologies, Africa is witnessing the laun…
President Nana Addo Dankwa Akufo-Addo has said that the country’s recent agreement with the International Monetary Fund (IMF) will help to restore confidence and reopen avenues that have been closed to the country in recent years.
In a …
The Ghana Revenue Authority (GRA) will start the imposition of an upfront 12.5 per cent Value Added Tax (VAT) on the customs value of taxable goods at all ports of entry with effect from Tuesday, June 6, this year.
The development wil…
A Deputy Director of Communications at the Office of the President, Mr Jefferson Kwamina Sackey, has pledged his support to the new leadership of the Abossey Okai Spare Parts Dealers Association.
He also used the opportunity to formal…
The Middle Belt Development Authority (MBDA) has trained 124 artisanal workers in the Bono Region on business development and management.
The day's training centred on discovery, business planning, resourcing, harvesting and management,…
African Refiners and Distributors Association (ARDA) has congratulated businessman Aliko Dangote and the Dangote Group for the successful commissioning of the world-class 650,000 barrels per day refinery and petrochemicals facility in Lago…
African economies have demonstrated resilience and strong rebound, necessary for increased investment into the world's second-largest continent- the African Development Bank (AfDB)
According to the Bank, despite the confluence of multip…
Mastercard has hosted its first-ever Fraud and Cyber Security Forum in Ghana, in partnership with the Ghana Cyber Security Authority (CSA).
The event brought together key players in the ecosystem, including financial institutions, regul…
ABSA Bank’s Managing Director, Abena Osei-Poku, has won recognition as the CEO of the Year in the banking sector at the just-ended CEO Summit 2023, held in Accra.
The summit brings together all the captains of industry, corporate leade…
The Executive Director/Chief Executive Officer of UBA Africa, Abiola Bawuah, held a Pan-Africa Media parley for journalists across the continent of Africa on Thursday, May 25, 2023.
Bawuah took journalists through the gr…
The Ghana Export Promotion Authority (GEPA) has officially opened a business centre in Nairobi, Kenya known as the “Ghana Trade House” as part of its mandate to facilitate the export of Ghanaian goods and services.
The one-stop-shop out…
The Compete Ghana Programme, under the Ministry of Trade and Industry has organised a workshop on the Enterprise Export Enhancement Programme (EEEP), aimed at encouraging enterprises to export to the EU markets.
The Compete Ghana Progra…
Angola represents a large market potential for Foreign Direct Investment (FDI), serving as the sixth-largest economy in Africa. The country’s economy is largely driven by its oil sector, which contributes to approximately 50% of its GDP, 7…
The African Export-Import Bank (Afreximbank) (www.Afreximbank.com) walked away with two of the most prestigious prizes at the African Banker Awards 2023 held in Sharm El Sheikh, Egypt, receiving the awards for the African Bank of the Year …
The African Development Bank Group’s (www.AfDB.org) 2023 Annual Meetings officially opened on Tuesday, with a clarion call by African leaders, together with the Bank’s President, Dr Akinwumi Adesina, to ramp up financing to meet Africa’s u…
Angola is home to significant upstream potential, as demonstrated by the sharp contrast between its proven and estimated reserves: 9 billion versus 57 billion barrels of oil and 11 trillion versus 27 trillion cubic feet of natural gas.
…
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