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Investment

FDI to Ghana in 2015 drops 4.9%

Foreign direct investment (FDI) to Ghana in 2015 declined 4.9 per cent, according to the 2016 World Investment Report of the United Nations Conference on Trade and Development (UNCTAD). The country recorded FDI inflows of $3.2 billion in 2015. FDI to West Africa was largely weakened by low commodity prices, …

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Ghana is 4th largest IFC exposure country with $535m support

Ghana is the fourth largest International Finance Corporation (IFC) exposure country in the world. This was made known by World Bank Ghana officials last Thursday July 7, 2016 during the performance and learning review of the country partnership strategy 2013 to 2016. The private sector arm of the World Bank …

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Ghana investment in science is 0.2% of GDP

Ghana is making efforts to meet the African Union’s recommendation to member states to allocate at least one per cent of their Gross Domestic Product (GDP) to scientific research. Mr Mahama Ayariga, the Minister of Environment, Science, Technology and Innovation (MESTI), who said this, put Ghana’s current investment in Science …

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IFC and Ghana Stock Exchange partner to adopt sound business practices in capital market

The International Finance Corporation (IFC) the private sector wing of the World Bank is partnering with the Ghana Stock Exchange (GSE) to promote adoption of sound business practices within the capital market. In a press release copied to ghanabusinessnews.com, the IFC said the partnership is one of the many interventions …

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Ghana government asked to invest more in agricultural research

Greater investment in agricultural research and development is the sure catalyst to help Ghana to attain and sustain food security, Dr Stella A. Ennin, the Director of the Crop Research Institute (CRI), has said. CRI is under the Council for Scientific and Industrial Research (CSIR) . She said there is …

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Energy Access Ventures invests $2m in Ghana solar business

Energy Access Ventures (EAV), a Paris-based access firm which backs companies that increase electricity access in sub-Saharan Africa has announced a $2 million investment in PEG, the leading off-grid solar pay-as-you-go (PAYG) company operating in Ghana. The partnership with PEG is EAV’s second investment and its first in West Africa …

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GNPC defends investments

Mr Alex Mould, the Chief Executive of the Ghana National Petroleum Corporation (GNPC), has defended the Corporation’s investments over the past few years saying they are strategic and forward looking. Mr Mould made the remarks at the Africa Oil and Power Conference in Cape Town, South Africa, a statement made available to the Ghana …

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Mexican business delegation explore investment opportunities

PROMEXICO, a Mexican Trade and Investment Promotion Agency, has undertaken the first Mexican business mission to Ghana to establish and deepen bilateral trade and investment relations. The delegation, led by Mr Francisco Gonzalez Diaz, Director-General PROMEXICO, which is made up of eight prominent business officials from sectors such as construction, …

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Investors urged to acquire lands in Ghana legally

Mr Benson Nutsukpui, the President of the Ghana Bar Association, has urged investors to adhere to the legal forms of acquiring land for their business endeavours. He said if investors went through the laid down procedures in acquiring lands in Ghana it would help safeguard future litigations which would impede …

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