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Investment
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…
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 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…
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…
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…
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…
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…
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…
Global FDI flows rise by 4% to reach $745b in first half of 2013 – UN
Global inflows of foreign direct investments (FDIs) rose by 4% to reach $745 billion during the first-half of 2013 compared to the 2012 period, the UN trade agency said October 31, 2013.
In its Global Investment Trends Monitor(GITM), the…
Ghana’s UT Bank secures $10m loan to support its capital base
UT Bank and Amethis Finance, a Paris based Equity firm on Thursday signed a $10 million loan agreement to support UT Bank’s capital base to help it boost its lending to the Small and Medium Enterprises (SME) sector.
Mr Prince Kofi…