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Investment
China urges Ghana to take advantage of $500b financing for international development
A Chinese official has told Ghana to take advantage of $500 billion financing that the country has set aside for international development.
Mr Zhou Yuxiao, China’s Special Envoy on the forum for China-Africa Cooperation told the…
Ivory Coast gives $800m in tax incentives in 2014 – Minister
The Ivory Coast in its strategic efforts to attract foreign investments and to create jobs gave tax incentives amounting to around $800 million to foreign investors in 2014, a Minister of State has disclosed.
Abdourahmane Cisse,…
FDI to Africa to reach $73.5b in 2015
The African Economic Outlook for 2015 has forecast foreign direct investment (FDI) into the continent to reach $73.5 billion in 2015, underpinned by increasing greenfield investment from China – which remains Africa’s largest trade partner…
Ghana to receive $40m Climate Investment Funds financing for renewable energy
The Climate Investment Funds (CIF) says its governing body has unanimously endorsed Ghana’s renewable energy investment plan and would therefore give the country $40 million financing to the sector.
According a press release issued today…
Republic Bank increases shares in HFC Bank
A statement issued in Accra and copied to the GNA said with the current level of shareholding, the Bank now had the mandate to partner with HFC in introducing innovations and modern trends into the HFC Bank.
Mr Dulal-Whiteway, the…
First tranche of $498.2m MCC power grant to Ghana moved to December
The Millennium Challenge Corporation (MCC) has deferred to December the release of the first tranche of the Ghana Power Compact grant due to delays on the part of government in meeting the terms of the agreement.
The Ghana Power…
MTN says would invest GH¢460m on network expansion in Ghana
MTN, the leading telecommunications company in Ghana, has stated its intention to increase its investments by GH¢460.00 million this year.
Mr James Bukari Basintale, the General Manager, Northern Business District, said this would be in…
Afreximbank attracts $8b into Africa in 2014
The African Export-Import Bank (Afreximbank) says it has attracted some $8 billion into Africa in the year 2014.
The amount, the Bank says in a press statement citing its President, Jean-Louis Ekra and copied to ghanabusinessnews.com May…
MTN says earmarks $103m for capital investment in Ghana
Mobile Telecommunications Network (MTN) has earmarked 103 million dollars for capital investment to expand and upgrade its network, Mrs Cynthia Lumor, Corporate Services Executive of the telecom giant, has said.
Speaking at an Editor’s…
Young Ghanaians in UK urged to utilise investment opportunities at home
Young Ghanaians in the UK have been urged to take advantage of the Ghana Angel Investor Network (GAIN), a group that invests in developing businesses with potential for significant growth and higher return on investment.
GAIN falls…