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Investment
Republic Bank says HFC takeover bid likely to succeed
Republic Bank Limited says it is likely to acquire the minimum 50.1 per cent stake necessary for the takeover of HFC Bank come the end of the offer period on May 7.
The Bank said its hope is based on significant positive investor…
IMF Ghana programme summary for $918m facility
On April 3, 2015, the International Monetary Fund (IMF) Executive Board approved a $918 million credit facility for Ghana.
According to the IMF the three-year arrangement under the Extended Credit Facility (ECF) for Ghana is in support…
IMF Ghana $918m facility to restore debt sustainability
The Executive Board of the International Monetary Fund (IMF) says the three-year arrangement under the Extended Credit Facility (ECF) it has approved for Ghana is aimed at restoring the country’s debt sustainability.
The Fund says it…
Ghana government to develop local content policy
Dr Ekow Spio Gabrah, Minister of Trade and Industry, said government would be developing a local content policy to make it compulsory for foreign investors to partner with local businesses.
He said the situation where foreigners…
Ghanaians urged to invest in Germany
Mrs Lydia Gohorey, Executive Secretary for the Ghana German Economic Association, has called on interested Ghanaian investors to take advantage of the new trade finance deal being offered by the Association to expand their businesses.…
Chinese FDI is biggest in Ghana in 2014 – Official
Chinese foreign direct investment is the biggest in Ghana in 2014, an official of the Chinese Embassy in Ghana has said.
"In 2014, statistics about China-Ghana cooperation are inspiring. Ghana's export to China and Chinese Foreign Direct…
Ghana government to spend $1b on road construction
President John Dramani Mahama said the government would spend one billion dollars annually for the next five years to construct roads across the country.
He said the move formed part of government’s transformation agenda to construct…
Coca-Cola commits to expand investment in Ghana
The Chairman and Chief Executive Officer of Coca-Cola Company, Mr. Muhtar Kent, says Ghana was among the countries selected for Coca-Cola’s ten-year expansion program for Africa.
He was speaking during a strategic leadership meeting with…
Ghana Home Loans secures €5m facility
Ghana Home Loans (GHL), the country’s premier mortgage provider, has secured a five million euro facility from the Ghana International Bank plc (GHIB), a Ghanaian owned London-based bank.
The facility is to enable Ghana Home Loans to…
Over 2000 Chinese companies investing in Africa – Council
The Chinese interest in Africa is not waning, as more than 2000 Chinese companies are on record to be investing in various sectors in African countries.
According to information from the China Council for the Promotion of International…