Skills Impact Bonds gain backing as analysts push jobs-focused financing model
Francis Bortey
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Skills Impact Bonds gain backing
The government of Ghana and the Republic of Korea have sealed a pact to advance the next phase of digital Science, Technology, Engineering and Mathematics (STEM) education, backed by a US$28 million commitment from Korea.
COCOBOD, the cocoa sector regulator, has released GH¢2.6billion to Licenced Buying Companies (LBCs) to expedite farmers’ payments, thereby clearing a significant portion of arrears owed.
The Africa Sustainable Energy Centre (ASEC) has urged the government to retain full ownership of the planned second Gas Processing Plant (GPP Train 2) of the Ghana National Gas Company, warning that any move to transfer the strategic asset to a private operator could undermine energy security and long-term economic interests.
The domestic insurance industry risks losing the full benefits of a new marine cargo insurance regime unless insurers rebuild confidence through faster, fairer and more transparent claims settlement, industry players have warned.
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