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Investment
Ghana is best destination for business in West Africa – Ablakwa
Mr Samuel Okudzeto Ablakwah, Deputy Minister of Information has said the latest World Bank report indicates that Ghana is the best country to transact business in the West African sub-region.
He said the report moved Ghana from the 77th…
Ghana is third biggest receiver of MCC’s investment in Africa
The Millennium Challenge Compact (MCC) was introduced in 2004 by the US government during the era of former President George W. Bush. The purpose was to help lead the fight against global poverty and it has so far invested over $8 billion…
Africa’s growth to outpace Asia’s – RenCap
Africa’s economic growth will outpace Asia’s in the coming decades, the CEO of the Renaissance Capital has said.
Renaissance Capital is an investment bank focused on the emerging markets of Russia, Eastern Europe, Central Asia and Africa.…
FDI into Africa to reach $150b by 2015 – Ernst & Young
Foreign direct investment into Africa will reach $150 billion by the end of 2015, according to global financial experts Ernst and Young (EY).
The World Bank, in a document titled “Africa’s Pulse” estimates that at the end of 2011, foreign…
Benso Oil declares GH¢1.87m dividend to shareholders
The Benso Oil Palm Plantation (BOPP) Limited has declared a total dividend of GH¢1.87 million following a profit after tax of GH¢2.67 million posted in 2010.
Announcing this at the company’s annual general meeting in Takoradi recently, Mr…
Ghana sourcing for $95m agric loan from Brazil
The Food and Agriculture Ministry is discussing the possibility of sourcing a $95 Million loan form Brazil to procure tractors and machines for farmers in the rural areas.
Nii Amasa Namoale, a Deputy Minister, met a Brazilian Mission on…
Ghana gets $5.1m Agricultural Grant from Japan
The Japanese Government has extended agricultural machinery worth $5.1 million to Ghana under the grant assistance for underprivileged farmers to increase food production.
The machinery is comprised of 125 agricultural tractors with…
Goldfields devotes $2.2m for eight mining communities
Goldfields Ghana Limited, Tarkwa Mines, has devoted $2.2 million for community development programs this year.
Among the areas to benefit are agriculture, education, health, water and sanitation and micro enterprise.
Mr Mubashir T. Dari,…
HFC Bank shareholders approve share buy back plan
Shareholders of HFC Bank, on Thursday approved a resolution to allow the bank to buy back up to five per cent of issued share capital to support the share price.
The approval also authorises directors to open share deals account for the…
Brazil approves $250m for Ghana’s Eastern Corridor road
The Government has secured another $250 million to support the construction of the Eastern Corridor road that will link Northern Ghana to the south through the Volta Region.
This follows the decision of the Brazilian Government to review…