Home / Investment (page 40)

Investment

Northern Ghana Entrepreneurship and Investment Conference opens

The Second Northern Ghana Entrepreneurship and Investment Conference, is underway in Tamale, with the aim to create a platform to promote business and investment opportunities in the Northern Region. The two-day event, is being attended by business owners, operators of small and medium-scale enterprises (SMEs), and officials from public sector organizations, …

Read More »

Shai Rural Bank to be recapitalized

The Shai Rural Bank is to be recapitalized to the tone of 4 million Ghana cedis before end of 2014 following fruitful recovery measures adopted by management after a near plunge into insolvency. Mr Ebenezer Djagbeletey, Board Chairman of the bank, told shareholders at the Annual General Meeting on Saturday …

Read More »

Akyempim Rural Bank adopts Resolution to buy shares

The Akyempim Rural Bank,  with  head headquarters at Dawurampong in the Gomoa West District, has approved a Resolution of the right to issue shares,   to force shareholders  to purchase  adequate  shares  to increase the  capital base of the bank. Colonel (rtd)   Kingsley Kwame  Nyame, Chairman of the  Board of …

Read More »

Invest in Africa gets $1m AfDB grant

Invest in Africa (IIA) has signed a US$1million African Development Bank (AfDB) grant that would enable it support a unique business skills training programme for Small and Medium sized Enterprises (SMEs), in Ghana. The grant to IAA Ghana is being financed with resources made available by the Fund for Africa …

Read More »

Ghana merges central bank, stock exchange depositories

The Central Securities Depository Ghana (CSD) and the GSE Securities Depository Company Limited (GSD) have merged into a single entity. An agreement to that effect was signed between officials of the Bank of Ghana and the Ghana Stock Exchange. Dr Kofi Wampah, Governor of the Bank of Ghana, signed on …

Read More »

Investors cautious amidst global turbulence – MIGA

Foreign investors are increasingly cautious about investing in developing countries in the face of continued global economic and political turbulence, according to the 2013 World Investment and Political Risk report published last week by the Multilateral Investment Guarantee Agency (MIGA). The report’s survey found that macroeconomic instability and political risk …

Read More »

Entrepreneur to project Tamale as investment destination

Alhaji Muhammad Umar, an entrepreneur and Chief Executive Officer of Zaa radio, a local radio station based in Tamale, has said the Tamale Metropolis has the great potential to be projected as an investment destination in the country. He said he was packaging an investment drive through radio and business …

Read More »

Ghana plans to set up infrastructure fund

Ghana has announced plans to set up a specialized fund to deal with the country’s infrastructural deficit. To be known as the Ghana Infrastructure Fund (GIF), the facility is to mobilize funds through issuance of bonds among others to finance “strategic infrastructural developments”, Finance Minister Seth Terkper told Parliament November …

Read More »

IFC sells second $1b global green bond

The International Finance Corporation (IFC) has issued its second $1 billion global green bond in less than a year and has been oversubscribed. The bond was to support climate-smart investments in emerging markets, according to the World Bank Group private arm. “Proceeds of IFC green bonds are used for private …

Read More »

Ghana attracts $1.5b FDI flows in ‘election petition’ period

A new UN report has shown that foreign direct investment (FDI) flows to Ghana declined in the first-half of 2013, a period where the election petition was heard by the country’s Supreme Court. It was difficult to know exactly how much investment loss Ghana incurred during the 8-month hearing of …

Read More »