Coffee drinkers may soon see their morning treat get more expensive, as the price of coffee on international commodity markets has hit its highest level on record.
On Tuesday, the price for Arabica beans, which account for most global…
The nation’s Gross Domestic Product (GDP) is expected to rise to US$71.74billion from GH$68billion if it effectively implements the African Continental Free Trade Area (AfCFTA) Protocol on Digital Trade according to an ODI report.
The A…
All roads lead to the British Council Hall in Accra on Thursday and Friday December 12 and 13, 2024 from 12 noon to 6pm each day for the first-ever Ghana-Diaspora Home Purchase Expo 2024.
On theme, “Our homes, our investment, our heri…
The Western Regional Co-ordinating Council (WRCC) has announced a ban on vegetable sales by vendors in response to a worsening cholera outbreak in the region.
As of December 7, 2024, health authorities have recorded 789 suspected ca…
General Motors has announced that it will stop funding the development of the Cruise self-driving taxi.
The company says it will now "refocus autonomous driving development on personal vehicles".
GM also pointed to the increasingly…
The Coalition of Civil Society Organizations (CSOs) working on Extractives, Anti-Corruption, and Good Governance has earnestly urged President-elect John Dramani Mahama to terminate the Strategic Mobilization Limited (S…
The trial of Dr Stephen Kwabena Opuni, the former Chief Executive Officer (CEO) of Ghana COCOBOD, in the GH¢271 million fertiliser deal case, has been adjourned to January 13, 2025.
Dr Opuni and Mr Seidu Agongo, the Managing Director …
Fiscal consolidation efforts in Sub-Saharan Africa, including Ghana will gain renewed focus in 2025, Fitch Solutions has revealed.
In its latest report dubbed: ‘Sub-Saharan Africa Macro Key Themes for 2025: Stronger Headline Growth but…
Vice President Dr. Mahamudu Bawumia has urged supporters of the New Patriotic Party (NPP) to refrain from blaming one another for the party’s defeat, warning that such actions could further undermine party unity.
Dur…
VFS Global, the world’s leading outsourcing and technology service specialist for governments and diplomatic missions, has processed its 300 millionth application.
It is notable that the last 100 million applications…
THE Canada Ghana Chamber of Commerce (CANCHAM) says the chamber looks forward to working with the incoming government to be headed by John Dramani Mahama, to strengthen business and economic ties between Ghana and Canada.
“We congr…
Ghana's equity market has demonstrated remarkable strength in 2024, with the Composite Index surging nearly 50% year-to-date through November, significantly outpacing the 29.71% gain recorded in the same period last year.
The market's…
Business activities in the Central Business District (CBD) in Accra have bounced back two days after Ghana went to the polls.
Shops which closed on Saturday, December 7, 2024, the Election Day have opened for business activities, and tr…
THE Secretary to the National Communications Authority (NCA), Nana Adjoa Adobea Khartey, has advised tech innovators to prioritise scalability in their projects to attract investors.
She said while solving local problems was important, …
The Bank of Ghana’s gold coin, available in three variants—a one-ounce coin, a half-ounce coin, and a quarter-ounce coin have witnessed a price drop on December 9, 2024.
The coins are priced at GH?41, 001, GH?20,…
The Chief Executive Officer of Donewell Insurance, Mr Seth Kobla Aklasi, has clarified that Donewell Insurance has not rebranded in response to concerns of customers.
These concerns were borne out of a news reportage by some media outl…
African governments must focus on implementing policies to help lay a solid foundation for the adoption of Artificial Intelligence (AI), First Deputy Governor, Dr Maxwell Opoku-Afari, has said.
That, he said, would help countries in th…
Retail group, Melcom Ghana, has received International Finance Corporation (IFC) Excellence in Design for Greater Efficiencies (EDGE) green building certification for its innovative approach of infusing retail and sustainable designs.
…
AN agriculture expert and lecturer at the University of Ghana, Susanna Egyiri, has called for immediate policy interventions to tackle the pressing challenges facing Ghana’s agricultural sector.
She explained that high inflation, fund…
Taptap Send, a leading money transfer company, announced the resumption of its operations in Ghana after a brief hiatus.
Effective immediately, users can once again send money from the UK, Europe…
Veros Petroleum Limited has opened a new service station at Nsakina in the Greater Accra Region of Ghana with an unwavering commitment to quality customer service.
The edifice marks one of the fully owned service…
The Amansie South District assembly, has inaugurated an oil palm extraction factory for the people of Mem.
The facility, the first of its kind in the district will, enhance palm oil production, which is the main occupation of the people…
The Africa Investment Forum 2024 Markets Days has recorded a total of $29.2 billion in new investor interests after three days of boardroom discussions in Rabat, Morocco.
The Chair of the Africa Investment Forum, President of th…
The African Development Bank (www.AfDB.org) has released the first tranche of its $1 billion loan to Transnet, the South African state-owned conglomerate managing the country’s ports, railways and pipelines. This disbursement is th…
The Ministry of Economy and Trade in Libya, in collaboration with international experts from Expertise France (www.ExpertiseFrance.fr) and with the support of the European Union (EU), has finalized an in-depth National Free Zone an…
Tullow Oil Plc has announced that its Chief Executive Officer Rahul Dhir, will step down from his role and resign from the Board in 2025 to focus on other business, academics and family interests.
The Board of the UK…
Crypto markets are notorious for their extreme volatility. Prices can swing up and down dramatically, creating a whirlwind of opportunities and risks. This rapid movement can be overwhelming, especially for newcomers who are still finding …
Stephanie Ora, Global Lead for Financial Crimes Analytics, SAS
Thanks to the availability of advanced technology, financial crimes are becoming more sophisticated and complex. From trade-based money laundering and human trafficking to G…
About 40% of Ghana’s gold were directed to the United Arab Emirates (UAE), making it the top destination for the country’s gold exports.
Switzerland followed as the second-largest destination for Ghana’s gold exp…
Yango Ride, part of a global tech company Yango Group, has launched its Free Trip Insurance Programme in Ghana.
This initiative, in collaboration with Glico Life Insurance, offers insurance coverage for all passengers in a car and part…
$15 billion in deals already originated
Private capital in Africa will be more attractive than other emerging markets in five years’ time
Africa has the lowest infrastructure default rates in the world—Moody’s Analytics
…
POWERADE (www.POWERADE.com) today announced The Athletes Code, a commitment to a more inclusive and progressive relationship with athlete partners to support their mental well-being. Launching in partnership with Olympic Gold Medal…
The African Development Bank (www.AfDB.org) and Bank of Africa SA have signed a risk-sharing agreement of EUR 50 million to strengthen private-sector financing and promote African trade. The signing ceremony took place on 4 Decembe…
The global payments landscape is undergoing a rapid transformation. New technologies coupled with the rising demand for seamless, secure, and efficient transactions has spurred on an exciting new era of innovation and growth. With 2025 fas…
SACE, the Italian insurance-financial group specializing in supporting businesses and the national economic system under the Ministry of Economy and Finance, and the African Development Bank Group (www.AfDB.org), today signed a col…
Launched by the African Export-Import Bank (Afreximbank) in partnership with the African Petroleum Producers’ Organization (APPO), the Africa Energy Bank – set to commence operations by March 2025 – represents a bold step towards e…
Africa’s urban population will triple in the next 25 years and African countries will need to invest up to 5.5 percent of their gross domestic product (GDP) in urban development if they are to avoid rapid growth of shanty towns.
…
Norwegian multinational energy firm Equinor has commended Angola’s recent Incremental Production Decree as a landmark reform that enhances the country’s ability to attract oil and gas investments, while boosting production and driv…
Nestled between Tunis' renowned City of Culture and the Convention Palace, the opening of Radisson Blu Hotel & Convention Center, Tunis (https://apo-opa.co/4f5mr0l), establishes a new benchmark for hospitality in the capital, as it…
Samsung Electronics Co., Ltd. today announced the One UI 7 beta program, opening an advance look at fortified, Samsung Galaxy-exclusive security measures. At every layer, the latest One UI protects personal data while providing all types o…
Rock City Hotel, in partnership with the National Road Safety Authority (NRSA) and the Ghana Private Road Transport Union (GPRTU) Nkawkaw Chapter, has launched a road safety awareness campaign aimed at reducing traffic …
Consolidated Bank Ghana (CBG) has fully resumed its foreign currency services at all branches following the reinstatement of its foreign currency trading license by the Bank of Ghana (BoG), effective December 4.
In a release issued by…
Ghana’s banking sector is masking a dangerous reality beneath its seemingly impressive growth numbers, with nearly a quarter of loans given to customers classified as non-performing.
The sector’s NPL ratio has surged to an alarming 22…
The brand is updating its LANDTREK pickup, thereby strengthening its international presence – notably in Africa, the Middle East and South America.
The new PEUGEOT LANDTREK features a more muscular design while retaining its ab…
Serene Insurance, a member of the First Sky Group and a leading general insurance company, has been adjudged the Emerging Insurance Brand of the Year for 2023, with its Chief Executive Officer, Mercy Naa Koshie Boampong, soaring tops as…
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We are pleased to share an inspiring message from our Founder, Tony O. Elumelu, CFR, which highlights our Group's progress and the power of partnerships in driving Africapitalism globally. This message resonates deepl…
The Board of Directors of the African Development Fund (https://apo-opa.co/4f9eBTb) approved loans totalling €156.66 million on November 29 to Burkina Faso and Mali for the upgrading and asphalting of cross-border roads linking the…
Ecobank (www.Ecobank.com) affiliates in Cameroon, Equatorial Guinea, Liberia and Togo have each been named Bank of the Year 2024 in their respective countries in The Banker’s prestigious Bank of the Year Awards 2024. These awards h…
The Ghana Cocoa Board (COCOBOD) has transitioned from using topsoil to a new soilless medium for raising cocoa seedlings, a move set to revolutionise cocoa cultivation in Ghana.
The innovative medium, Miracle-Gro Potting Mix, developed …
Bitcoin's milestone marks a watershed moment in its evolution from a niche asset to a mainstream financial instrument, attracting more institutional and retail investors, as well as a powerful narrative and sentiment driver that strengthe…