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Investment
MIGA issues $2.7b investment guarantees in 2012 fiscal year
The Multilateral Investment Guarantee Agency (MIGA) issued $2.7 billion in investment guarantees, also known as political risk insurance for 52 projects in 2012 fiscal year ending June 30, 2012, according to its 2012 Annual Report released…
FDI flows into Africa to hit $31b in 2012 – World Bank
The World Bank says $31 billion in foreign direct investment flows are expected in Africa this year.
And this will happen, despite difficult global conditions, the World Bank Vice-President for Africa, Makhtar Diop has said.
In a report,…
RenCap launches services on Nigerian bourse
Renaissance Capital has launched its Market Making, Securities Lending and Short Selling services on the Nigerian Stock Exchange (NSE) for its clients.
This followed the formal commencement of a pilot programme for the services on the NSE…
SSNIT injects GH¢8m into STC subsidiary Trust Logistics
The Social Security and National Insurance Trust (SSNIT) has injected an initial capital of GH¢8 million into Trust Logistics to reposition its operations.
That followed the acquisition of VCL Haulage Limited (now Trust Logistics), a…
SSNIT injects $3-4 million dollars into Africa World Airlines
The Social Security and National Insurance Trust (SSNIT) says it has injected between $3 million and $4 million dollars into a new airline, Africa World Airline (AWA), set to serve the domestic and regional air travel industry.
Speaking to…
Stock exchanges instrumental in attracting investment for sustainable development – UNCTAD
The UN Conference on Trade and Development (UNCTAD) believes that the stock exchange is instrumental in attracting investments to sustain the development of countries.
The UN trade agency sees stock exchanges as an important element of the…
Ecobank Transnational lifts GSE Index
The GSE-Composite Index (GSE-CI), the benchmark measure of performance of the Ghana Stock Exchange, rose 6.98 points to 1,035.81 points from 1,028.83 points with a year-to-date return of 6.17 per cent.
The GSE-Financial Stocks Index…
Bank of Ghana backs ADB bourse listing
The Bank of Ghana (BoG) fully supports the Agricultural Development Bank’s initiative to raise funds on the Ghana Stock Exchange to finance its future development plans, Acting Central Bank Governor Dr Henry Wampah said on Tuesday.…
V&A ups stakes in Ghana’s Enterprise Group to 53%
Ventures and Acquisitions Limited (V&A) has acquired 6.26% shares in the Enterprise Group Limited (EGL), taking its stakes in the group to 52.94%.
The Ghana Stock Exchange (GSE), who confirmed the move in a statement September 3, 2012,…
Fan Milk propels Accra Bourse Index higher
The GSE-Composite Index (GSE-CI), the benchmark measure of performance of the Ghana Stock Exchange, rose 2.93 points to 1,028.83 points from 1,025.90 points on Monday with a year-to-date return of 6.17 per cent.
The GSE-Financial Stocks…