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Investment

Agric Development Bank says it has invested GH¢381m in Ghana agriculture

The Agricultural Development Bank (adb) in 2014 invested about GH¢381 million into the agriculture sector, Mrs Sylvia Nyante, Head of Agricultural Finance at adb has announced. She said the amount represented 400 per cent over the 2010 figure of GH¢72 million investments. The massive jump was recorded despite high default …

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Customers of five investment companies petition President Mahama

Aggrieved customers of some financial investment companies in the Brong-Ahafo region have petitioned President John Dramani Mahama to intervene for the companies to release their deposits to them. According to the customers, their total deposits in the five financial investments companies amounted to about GH¢72 billion. The companies are Jastar …

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Harnessing foreign direct investment in Africa

Dubbed the new investment frontier, Africa’s attractiveness is becoming more visible to large corporations, institutions and investors. Reflecting this, foreign investment (FDI) flows have grown exponentially since the turn of the millennium. Countries such as South Africa, Nigeria, Kenya, Egypt and Morocco are leading the way. High growth economies such …

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Investment in social protection must target agriculture – FAO

Mr Bukar Tijani, Assistant Director–General, Food and Agriculture Organisation (FAO), has  said public investment in social protection must be combined and coordinated towards strengthening the productive sectors of agriculture and rural development. He said social protection could play a crucial role in breaking the cycle of poverty, but it was not in itself a …

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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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