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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 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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Africa Investment Forum ends with $40.1 billion deals

The second Africa Investment Forum ended on a high note, Wednesday, with 56 boardroom deals valued at $67.6 billion tabled – a 44 per cent increase from last year. Fifty-two deals worth $40.1 billion secured investor interest compared with $37.8 billion dollars, last year. During the 2018 edition of the …

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More than $68b investment projects on table at Africa Investment Forum – Adesina

More than $68 billion in investment projects are under discussion at the Second Africa Investment Forum, which opened in Johannesburg on Monday, Dr Akinwumi Adesina, the President of the Africa Development Bank, has said. Speaking at the opening press conference of the forum, Dr Adesina said deals covering sectors such …

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CLOSAG calls on government intervention on past credits issue

The Civil and Local Government Staff Association, Ghana (CLOSAG) has called on government to intervene on the issue of past credits between the association and the Social Security and National Insurance Trust (SSNIT). “We call on Mr Ignatius Baffuor Awuah, the Minister of Employment and Labour Relations as a matter …

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President woos investors as second Africa Investment Forum opens

President Nana Addo Dankwa Akufo-Addo, on Monday underlined the need for an African framework, to pull investments into the different sectors of the continent’s economy. Speaking at a panel of African Heads of State ahead of the opening of the second African Investment Forum (AIF) in Johannesburg, South Africa, he …

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Dutch NGO invests GH¢1.2m in education, health in Sunyani West  

Kinderhulp Ghana, a Netherlands-based charitable organisation has within a four-year period spent GH¢1.2 million for the provision of educational and health infrastructure in the Sunyani West District. Between 2012 and 2016, the organisation constructed 17 mechanised boreholes, seven Community-based Health Planning Services (CHPS) Compounds, several classroom blocks, toilets and other …

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