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Investment
Ghana, US sign bilateral investment treaty
Ghana and the United States (US) have signed a Bilateral Investment Treaty (BIT) to encourage more foreign investors to invest more capital and resources into the Ghanaian economy.
The treaty will also enhance trade relations between Ghana…
IFC invests $4.4m in Ghana’s A&C Shopping Centre expansion
The International Finance Corporation (IFC) has announced it is investing $4.4 million in A&C Development, a Ghanaian real estate company building a three-storey commercial center that will meet a growing demand for office and retail…
UNCTAD launches new investment policy framework to sustain world’s development
The UN Conference on Trade and Development (UNCTAD) has launched a new investment policy framework which it says will help sustainable development in the world.
According to UNCTAD, the world needs a new generation of policies that places…
CAL Bank Ghana adds 300 million ordinary shares to listing
CAL Bank Ghana has added 300,000,000 ordinary shares to its number of issued shares listed on the Ghana Stock Exchange (GSE).
This was as a result of the issuance and allotment of shares to a number of investors under the bank’s recent…
Ghana Stock Exchange suspends two companies’ bourse trading
The Ghana Stock Exchange (GSE) yesterday July 9, 2012 announced that it has suspended the listing status of Clydestone Ghana Limited (CLYD) and Transaction Solutions Ghana Limited (Transol).
The suspension takes effect July 9, 2012, the…
Oil pushes Ghana up to 3rd largest receiver of FDI inflows in Africa in 2011 – UN
Ghana has become the 3rd largest recipient of foreign direct investment (FDI) inflows into Africa for the year 2011, according to the World Investment Report (WIR) 2012 released by the United Nations July 5, 2012. And oil production at the…
Global FDI to lose growth momentum in 2012 after rising 16% to $1.5 trillion in 2011 – UN
Global foreign direct investment (FDI) flows exceeded the pre-crisis average in 2011, reaching $1.5 trillion despite turmoil in the global economy, a new UN investment report said July 5, 2012.
Even though inflows rose in 2011 by 16%…
FDI into Africa records third-time fall to $42.7b in 2011 – UN
Africa, for the third conservative time, has suffered a decline of foreign direct investment (FDI) inflows, the United Nations said July 5, 2012 in a report.
The World Investment Report (WIR) 2012 released by UN Conference on Trade and…
IFC to invest $300m in Ghana in 2012
The International Finance Corporation (IFC), a member of the World Bank Group which works with the private sector, says it intends to invest between $250 million to $300 million in Ghana in fiscal year 2012.
In September 2011, the IFC…
IFC invests $5.5m in hotel project in Ghana
The International Finance Corporation (IFC) a member of the World Bank Group says it is providing a loan of $5.45 million to Alliance Estates Limited, to build the first Protea Hotel in Takoradi, Ghana. Takoradi is in the Western region of…