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Judge advocates Alternative Dispute Resolution to promote investment

Ms Georgina Mensah-Dzatsa, a Sekondi High Court Judge on Friday noted that investors are confident to do business in countries where Alternative Dispute Resolution (ADR) systems work best. This is because the ADR system promotes faster resolution of business related conflicts unlike the court which often times delayed cases for …

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IFC issues $1b global bond for emerging economies

The International Finance Corporation (IFC) has issued a $1 billion five-year global bond in order to invest in emerging economies, the institution said November 14, 2012. The IFC says the dollar-denominated bond issue is part of its regular programme of raising funds for private sector development lending, and also “sets …

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Ghana gets $2.5b in mining investments in three years – Report

Within three years an amount of $2.5 billion has been invested in mining in Ghana. Mr Mike Hammah, the Minister of Lands and Natural Resources says between 2009 and 2011 the  investment inflow for Ghana’s mining sector was $2.5 billion. He also said gold production increased consistently; 3.1 million ounces …

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China makes $15b direct investment in Africa – Statement

Statistics show that about 18,000 Chinese companies have invested overseas, mainly in the developing world. By the end of 2011, China has executed more than 2,200 projects for less-developed countries to the benefit of local people. A statement signed by Mr. Shao Haijun, Bureau Chief of Xinhua News Agency Accra …

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Global FDI flows fall 8% to $668b first half of 2012 – UNCTAD

Global foreign direct investment (FDI) inflows hit a snag as it declined 8% to $668 billion in the first half year of 2012 from $729 billion during same period in 2011, a new report released by the UN trade agency said October 25, 2012. The fall was as a result …

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Chamber tells Chinese to invest in Ghana’s industrial sector

Dr Seth Adjei-Baah, President of the Ghana Chamber of Commerce and Industry (GCCI) has called on Chinese entrepreneurs to invest in Ghana’s industrial sector and contribute to its socio-economic development. He said increased inflows of Chinese direct investments in the industrial sector would ensure value-chain to boost the country’s economy. …

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Investment period for $3b IFC Fund extended to support banks in developing countries

The International Finance Corporation (IFC) and Japan Bank for International Cooperation (JBIC) have agreed to extend the investment period of the $3 billion IFC Capitalization Fund by one year, based on its successful track record and continuing investment opportunities. The investment period has being extended from February 2013 to February …

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German Bank to invest $40m in renewable energy in Ghana

The German development bank’s private sector lending arm DEG, is expecting its new financing for projects in Ghana to reach $40 million, as the bank identifies new opportunities in climate change, renewable energy and biomass projects for financing in the country. The bank, which has been active in Ghana and …

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