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Investment
IFC invests first $5m in Islamic banking in sub-Saharan Africa
For the first time in its history, the International Finance Corporation (IFC), has made an Islamic investment in sub-Saharan Africa.
The World Bank Group member, today March 28, 2013 announced it is investing $5 million equity in Kenya's…
Turkey eager to invest in Ghana – President Mahama
President John Dramani Mahama on Wednesday said about 10 different Turkish business delegations have visited Ghana following his trip to the eastern European country a couple of months ago.
“The continuous visit to Ghana is an indication…
Africa eyes diaspora investments for industrialization
Remittances from the diaspora are one of the sources officials are considering for the financing of Africa's industrialization.
An issues paper presented at the 2013 Joint African Union-Economic Commission for Africa (ECA) Joint Meeting in…
Government to put GIHOC Distilleries on Ghana Stock Exchange
Government will soon list part of its shares in the GIHOC Distilleries Company Limited on the Ghana Stock Exchange, Haruna Iddrisu, Minister of Trade said on Monday.
He said government was also looking for private partners to buy shares in…
PBC’s share consolidation plan approved
...company to raise GH¢200 million as working capital
Shareholders of PBC Limited have approved management plans to consolidate the company’s existing shares to boost their chances of seeking additional funding from investors.
Shares…
Zenith Bank officially trades on London bourse
Nigeria's Zenith Bank with operations in some African countries has officially listed on the London Stock Exchange (LSE).
The bank traded on the London bourse March 21, 2013 and the LSE says it is delighted to welcome Zenith Bank to the…
Investors asked to promote local participation
Mr Stephen Kumadoh, Principal Valuer, Land Commission, has called on investors to design innovative business models that promote local participation in economic activities in areas they acquire lands.
He also recommended that before…
Finance Minister urges private sector to invest in public infrastructure
Finance Minister, Mr Seth Terpker, on Tuesday urged the private sector to invest in public infrastructure projects, especially those that can generate income to pay for the investment overtime.
He said government’s investment strategy was…
Germany’s HeidelbergCement invests $30m for expansion programme in Ghana
German company, HeidelbergCement says it has started constructing a $30 million cement mill at Ghana's port city, Takoradi.
The new cement mill when completed by 2014, will have an annual capacity of 0.8 million tonnes at its grinding…
Incoming Upper East Regional Minister urged to woo more investors
Mr Mark Woyongo, outgoing Upper East Regional Minister, at a handing over ceremony held in Bolgatanga, charged his successor, Dr Ephraim Avea Nsoh, to woo more investors in the region.
The outgoing Regional Minister, now the Minister of…