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Investment

Intravenous infusions Ltd to launch initial public offering

Intravenous Infusions Limited (IIL), Ghana’s market leader in the supply of intravenous (IV) fluids, would on Wednesday, launch an Initial Public Offering ( IPO)  to raise GH₵ 12 million to expand its operations. IIL is offering 150 million ordinary shares at GH₵0. 08 per share in an Initial Public Offering …

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French maritime investors eye Ghana’s ports

A business delegation from French company HAROPA, has met Ghanaian maritime companies in order to present transport and logistics solution offers, available to and from the Seine gateway for efficient service delivery. The decision for HAROPA, an alliance of ports of Le Havre, Rouen and Paris to invest in Ghana, …

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Bond issuances to deteriorate Ghana’s external debt rating – World Bank

Investors are worried about Ghana’s fiscal deficits, which continue to widen. Government debt is rising and the country’s debt-to-GDP ratio doesn’t look manageable – increasing to about 70 per cent, the World Bank has said in its latest economic outlook on Africa titled ‘Africa’s Pulse’. By the time the World …

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Entrepreneurs urged to partner GIPC

Mr Eric Opoku Brong-Ahafo Regional Minister, has urged business concerns in the region to partner the Ghana Investment Promotion  Centre (GIPC) to exploit the investment opportunities to boost its socio-economic development. Mr Opoku gave the advice at  a Regional  sensitisation forum  on investment organised by the GIPC in Sunyani  attended …

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Vice president calls for investments in infrastructure

Vice President Kwesi Amissah-Arthur, has called for significant investment in the country’s power sector, infrastructure, railways and ports. He said private investment in such areas would go a long way to enhance the socio-economic development of the country. Vice President Amissah-Arthur made the call when Mr Mohammed Hussain Al-Failakawi, Kuwait …

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AfDB Board approves $120m loan for Ghana’s transport sector

The Board of Directors of the African Development Bank (AfDB) has approved a $120 million corporate loan – the first private-sector investment in Ghana’s transport sector to support Ghana Airports Company Limited’s (GACL) capital investment programme. It entails the construction of a new terminal at Kotoka International Airport (KIA) in …

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JAPC to invest $70m in plantain chips production

Juaboso Agro Processing Company (JAPC), a joint Ghanaian/American business is investing $70 million in the production and export of plantain chips. The target is to export 7,000 tonnes of chips annually to the United States (US) and the European Union (EU) countries. The company had already secured 6,000 hectares of …

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Dr. Adesina of AfDB to speak at Invest in Ghana

The African Development Bank’s (AfDB) president, Dr. Akinwumi Adesina would feature among other keynote speakers at this year’s ‘Invest in Ghana’ event scheduled for October 21 and 22. Dr. Adesina will join President John Mahama to welcome delegates from around the world to Accra. The AfDB president has lived and …

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Government has invested over $1b in health infrastructure – Mahama

President John Dramani Mahama, on Wednesday, inaugurated the National Medical Outreach Services at the Western Naval Command in Sekondi, announcing that government has invested more than $1 billion to improve health facilities over the past five years. He said this has improved healthcare delivery to the citizenry and increased the …

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Ghana’s attractiveness to foreign direct investment declines in 2015

Ghana’s conduciveness and attractiveness to foreign direct investment has slumped in 2015 after a good performance last year, according to the latest Global Opportunity Index Rankings. Ghana scored 5.16 over 10 and is ranked 77th in 2015 out of 136 countries, compared with a composite score of 7.10 and a …

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