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Investment

Minority calls for MoU on $19b China deal in Parliament  

The Minority caucus in Parliament has challenged Vice President, Dr Mahamudu Bawumia and the New Patriotic Party to make available to Parliament details of the $19 billion MoU between Ghana and China. According to them, the recent Supreme Court ruling on the two Guantanamo Bay inmates makes it imperative for …

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GIPC undertakes 10-day investment promotion mission to US

The Ghana Investment Promotion Centre (GIPC) in collaboration with the American Chamber of Commerce -Ghana (AmCham Ghana) and the Ghana Embassy in Washington DC, has ended a 10-day investment promotion mission to the United States. The 35-member strong delegation, led by Mr Yofi Grant, CEO of the GIPC, attended the …

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FDI inflows to Ghana increases by 9% to $3.5b in 2016 – UNCTAD

Foreign direct investment (FDI) inflows to Ghana increased by 9 per cent to $3.5 billion in 2016, according to the World Investment Report 2017, published June 7, 2017 by the United Nations Conference on Trade and Development (UNCTAD). In 2015, FDI inflows to Ghana declined 4.9 per cent, according to …

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Ghana to issue $2.5b energy bond

Ghana will soon issue a $2.5 billion energy bond to retire the country’s debt in the sector and to create space for increased investment in energy, the President has said. By the end of 2016 Ghana was saddled with a $2.4 billion energy debt. He noted that the government is …

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Ghana government urged to make capital investment a priority

Governments have in the past left Ghana’s capital investments in the hands of donors leading to numerous challenges in the health delivery system. “Leaving a nation’s capital investments in the hands of donors is a dangerous game any government could play, yet Ghana had taken such chances in the past …

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French dairy company, Danone invests $25m in Fan Milk Ghana – Report

The world’s largest yoghurt maker, French company, Danone has invested $25 million in Fan Milk Ghana, according to a report by the Financial Times. The report says the investment will enable Fan Milk’s operations in Ghana to meet the growing demand for yoghurt and other dairy products in the country. …

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GCB to inject GH¢1b into One-District, One-Factory project – MD

The GCB Bank has announced a partnership deal with government to inject one billion Ghana Cedis into the “One-District, One-Factory” project.    Mr Anselm Ray Sowah, the Managing Director, GCB Bank, said the Bank’s vision for businesses, which would operate under the initiative in any district, would be to form …

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Investor community welcomes “One-District, One-Factory” – Minister

The Ministry of Trade and Industry, has received more than 150 proposals covering varied economic interests from various parts of the country on the ‘One District, One Factory” policy, as of Friday, May 19.            Mr Alan John Kwadwo Kyerematen, the Minister for Trade and Industry (MoTI), who announced this …

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FDI inflows into Africa projected to reach $57b in 2017

Foreign direct investments inflows into Africa in 2017 is expected to reach over $57 billion, supported mainly greenfield investments from emerging economies, according to the newly published African Economic Outlook (AEO) 2017. The report, a joint work of the African Development Bank (AfDB), the Organisation for Economic Co-operation and Development …

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Commander reveals untapped investment opportunities in Ghana Air Force

Group Captain Frank Hanson, Commander of the Air Force Base in Tamale has disclosed an array of unexploited investment opportunities in the Ghana Air Force (GAF) that economic managers can tap for rapid economic growth. The Commander has also pointed out how the Air Force could help open up numerous …

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