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GIPC executive in Peru to attend business, investment forum

A Ghanaian business delegation including the CEO of the Ghana Investment Promotion Centre (GIPC), Mawuena Trebarh are in the Peruvian capital, Lima to attend a business and investment forum in that country. According to a report by Andina, the Peruvian news agency, the forum would look at business and investment …

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ADB share offer activities put on hold

The Securities and Exchange Commission (SEC) says all activities relating to the Agricultural Development Bank (adb) share offer have been suspended until the determination of a petition before the Commission. The Commission said the decision followed the inability of the Board of Directors of ADB to approve the offer results …

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GOIL to raise GH¢155m in renounceable rights issue

Ghana Oil Company Limited (GOIL) the nation’s foremost indigenous oil marketing company has rolled out a financial strategy to raise GH¢155 million through a renounceable rights issue. As a result GOIL would issue 13,639,640 shares of no par value, and at a price of GH¢1.24 per share and in a …

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SIF to invest $3.1m to boost agribusiness in Ghana

The Social Investment Fund (SIF) is to provide $3.1 million in loans to boost agribusiness across 22 selected districts in the country. Mr. Joseph Acheampong, Executive Director of the Fund, said about 4,000 farmers, 40 per cent of them women, would benefit and that this was coming under its Integrated …

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GIPC launches 15th Ghana Club 100 awards

The Ghana Investment Promotion Centre (GIPC) has launched the 15th edition of the Ghana Club 100 (GC) Awards on the theme: “Manufacturing-Steering Ghana’s Development”, in Accra. The awards, which was launched by the GIPC in 1998 to serve as a benchmark for corporate excellence, has become an annual event, and …

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GIPC adjudged best Investment Agency in West, Central Africa

The Ghana Investment Promotion Centre (GIPC) has been adjudged the Best Investment Promotion Agency (IPA) in West and Central Africa in 2015. It was in recognition of its efforts towards investment promotion at the Annual Investment Meeting(AIM) 2016 Awards in Dubai. A press release issued in Accra and copied to …

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Ghana is suitable destination for investment – Chinese Entrepreneur

Mr. Ningquan Xu, the Managing Director of Sentuo Steel Limited, said on Tuesday that Ghana is highly suitable for investment ventures. “Apart from the fact that Ghanaians are very hard workers, there is also a lot of room for industrial development in Ghana,” he said. Mr. Xu was speaking to journalists …

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Mining company calls for action to protect investors

Owere Mines, a gold mining company operating in the Asante-Akim Central Municipality, battling with illegal miners for control of its concession, has called for the appropriate state institutions to act decisively to give protection to investors. Over 200 illegal miners have forcibly seized portions of the concession – briskly digging …

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Local chief urges government to find investments for cotton farmers

Richard Babini Kanton VI, the Paramount Chief of the Tumu Traditional Area, has said cotton farmers in the Upper West Region have been badly affected by OLAM Ghana’s withdrawal of operations in the area. Addressing the chiefs and people at the “Paari Gbelle” festival of the Tumu Traditional, the Kuoro Kanton, …

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Italian investors to construct mini dams in Volta Region

Italian investors from Ambiente Pressagio are expected to begin the construction of mini hydro dams on nine sites in the Volta Region. Togbe Afede XIV, the President of the Volta Regional House of Chiefs, announced this at the first general meeting of the House for this year. A mini hydro …

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