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UK government announces major investments to Africa

The United Kingdom (UK) government has announced an investment support package to back African transformation ahead of the UK-Africa Investment Summit. The investment will be through the UK government’s support to the City of London to mobilse funds to African countries under initiatives to generate billions of pounds for private …

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Ghana to set up Diasporan Savings and Investment Account – Minister

Mr Ken Ofori-Atta, the Minister of Finance, has announced plans to establish a Diasporan Savings and Investment Account to attract people of African-American descent to invest in the various sectors of the country. Dubbed the African Sankofa Account, the plan, which is to be rolled out in the next three …

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Invest in Africa – Akon urges African Diaspora

Global music superstar Akon, has urged Africans in the Diaspora to invest their talent and resources in Africa to help rebuild the continent. The “Year of Return’’ has witness many Africans living in the Diaspora take a trip back to the motherland especially as Ghana commemorates the 400th year of …

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Chinese company, Shanghai KS Printing invests in Ghana

Chinese giant publisher, the Shanghai KS Printing, has opened a subsidiary, E-Tang Group Ghana, in Ghana to introduce modern trends and activities to the local publishing and printing industry. The investor will leverage its huge resource base and global reach to make the local publishing industry more competitive as well as …

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French Development Agency supports African SMEs with $30m

The French Development Agency (AFD) is to provide about $30 million through the African Guarantee Fund for Small and Medium-Sized Enterprises (AGF), to improve access to credit to small and medium-sized enterprises (SMEs) throughout Africa. Mr Rémy Rioux, AFD Chief Executive Officer, and Mr. Félix Bikpo, AGF Group Chief Executive …

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Western Region invites investment in $400m coconut industry

Mr Kwabena Okyere Darko-Mensah, Western Regional Minister has invited investors to explore opportunities in the coconut production industry in the Region. He said the Western Region, which produced about 85 per cent of the nation’s coconut, had structures in place to realise a minimum of $400 million annually from the …

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Cargill says to invest $113m in Cote d’Ivoire, Ghana cocoa sectors

Global cocoa and chocolate company, Cargill says it will invest a total of $113 million in the world’s two largest cocoa producing countries, where it has been doing business, Ghana and Cote d’Ivoire. Cote d’Ivoire is the world’s leading producer of cocoa, followed by Ghana. Available information shows that cumulative …

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Cargill announces $13m investments in Ghana cocoa industry

Cargill has announced a $13 million investment in the expansion of its cocoa processing site in Tema, Ghana to increase production capacity by 20 per cent. Cargill has also committed $3.4 million to Ghanaian community sustainability programmes and cocoa traceability efforts in Ghana. These programmes will enhance the safety and …

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GIPC to embark on investment promotion mission to Europe

Mr Yofi Grant, the Chief Executive Officer of the Ghana Investment Promotion Centre (GIPC) will, on Monday, November 18 lead a 50-member business delegation on an investment promotion mission to Europe. The mission, which will end on November 27, this year, is made up of four public sector agencies. A …

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