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Ghana receives €40m grant from EU to promote investments

The Government has signed a €40 million facility with the European Union (EU) towards the promotion of investments and job creation in the country. The financing agreement is the last programme to be signed from Ghana’s indicative allocation of €323 million under the 11th European Development Fund and National Indicative Programme …

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Ghana needs a vibrant investment banking industry

Mr Kojo Addae-Mensah, Group CEO, Databank on Monday said if the country will grow and develop, it needs a vibrant investment banking industry to support the economy. He said it was investment banking that developed economies in countries like the United States and other parts of the world. Mr Addae-Mensah …

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UK gives Ghana £130m for three infrastructure projects

The UK Export Finance (UKEF) is giving Ghana £130 million for three projects, the International Trade Secretary, Dr. Liam Fox announced Wednesday, February 27, 2019, at a meeting of the UK Ghana Business Council. The financing will support UK firms to develop the projects. A press release issued by the …

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ECG take-over, PDS Ghana Limited to invest over $580m 

The Power Distribution Services Ghana Limited (PDS) has announced plans to invest over US$580 million in Ghana’s power sector within the next five years after receiving the Assets and Operations of the Electricity Company of Ghana (ECG), on Wednesday. For the next 20 years, beginning March 1, 2019, PDS Ghana …

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Female start-up enterprises receive support to scale up 

Some 20 female entrepreneurs between 20 and 30 years, who have started innovative and technologically-based-businesses are receiving financial support from Innohub fLab Incubator programme to scale up their businesses. The beneficiaries would be taken through a six-month intensive training to hone their skills in software development, communication and business skills. …

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Small scale miners urged to invest in shaft mining

The Tong Rana, Kugbilsong Nanlebgtang, the Paramount Chief of the Talensi Traditional area has advised small scale miners to venture into deep shaft mining to protect the environment. “Small scale mining will not help us in anyway and the destruction that goes with small scale mining on the land and …

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Dagbon ready for Chinese investors – Ziignaa-Atteah

Chinese investors have been called upon to explore existing investment opportunities in Dagbon to yield great dividends considering the untapped economic potentials and the prevailing peace in the area. “Dagbon is now ready for Chinese investors in areas such as agriculture, solar power generation, sheaFsh butter production and animal husbandry,” …

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Opportunities for investment in Africa outweigh obstacles – Report

Opportunities for investment in Africa often outweigh the obstacles, the African Development Bank’s first Africa-to-Africa (A2A) Investment Report has said. The Report unearths the realities African companies face when investing in Africa, the emerging trends in A2A investment and the steps African policymakers can take to accelerate intra-African investment. Africa-to-Africa …

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Ghana and Belgium explore investment opportunities 

Professor George Gyan-Baffour, Minister for Planning, on Tuesday said Government will continue to consolidate gains made in the macro-economic environment, develop and implement transformational policies and create that enabling environment for the private sector to thrive. He said the stronger management of the economy has resulted in a significant increase …

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