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Investment

GCB to inject GH¢1b into One-District, One-Factory project – MD

The GCB Bank has announced a partnership deal with government to inject one billion Ghana Cedis into the “One-District, One-Factory” project.    Mr Anselm Ray Sowah, the Managing Director, GCB Bank, said the Bank’s vision for businesses, which would operate under the initiative in any district, would be to form …

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Investor community welcomes “One-District, One-Factory” – Minister

The Ministry of Trade and Industry, has received more than 150 proposals covering varied economic interests from various parts of the country on the ‘One District, One Factory” policy, as of Friday, May 19.            Mr Alan John Kwadwo Kyerematen, the Minister for Trade and Industry (MoTI), who announced this …

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FDI inflows into Africa projected to reach $57b in 2017

Foreign direct investments inflows into Africa in 2017 is expected to reach over $57 billion, supported mainly greenfield investments from emerging economies, according to the newly published African Economic Outlook (AEO) 2017. The report, a joint work of the African Development Bank (AfDB), the Organisation for Economic Co-operation and Development …

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Commander reveals untapped investment opportunities in Ghana Air Force

Group Captain Frank Hanson, Commander of the Air Force Base in Tamale has disclosed an array of unexploited investment opportunities in the Ghana Air Force (GAF) that economic managers can tap for rapid economic growth. The Commander has also pointed out how the Air Force could help open up numerous …

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Tax exemptions to investors cost Ghana GH¢2b – Minister

Minister of Finance, Mr Ken Ofori-Atta says his Ministry would cut down on tax exemptions, which are being abused by some investors to the detriment of the nation. Mr Ofori -Atta condemned such malpractices, saying he had noted that the amount of exemptions had moved from GH¢800 million to about …

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GIPC engages Diplomatic Community on Act

The Ghana Investment Promotion Centre (GIPC) is in the process of soliciting views and ideas from the diplomatic community and foreign business associations towards the review of the current GIPC Act 2013. The event forms part of a series of strategic stakeholder’s engagement, the GIPC has scheduled for the year …

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Ghana woos African investors

Mr Joe Ghartey, the Minister of Railways Development, has urged African investors to invest in the development of infrastructure in Ghana, where the security and fruitfulness of their capitals are guaranteed.         He said the prospects in railway development and energy renewable production, were particularly, bright.    …

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EU, Christian Aid launch over €900,000 economic project in Ghana

The European Union (EU), and Christian Aid, a UK based non-governmental organisation, has launched a €946,000 project dubbed Growing Economic Opportunities for Sustainable Development (GEOP), at a ceremony in Accra. GEOP seeks to foster strong civil society and local authority partnership to promote local job creation, revenue mobilisation and expansion …

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Ghanaian investor appeals for support for planting for food policy

A United States based Ghanaian investor, Dr James Arthur, has appealed to the ruling New patriotic Party(NPP) government to release adequate funds to support the planting for food and jobs programme to enhance food sufficiency and export. He said there was the need to speed up in assisting investors in …

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Professor Alabi calls for more investment in higher education

The quality of higher education can be achieved by managing the quality of input, processes, output and outcomes, Professor Goski Bortiorkor Alabi, Dean, Centre for International Education and Collaboration, University of Professional Studies, Accra (UPSA) has said. She said managing the four dimension of quality of higher education namely relevance, …

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