African Export-Import Bank (Afreximbank) has approved US$70 million to finance the expansion and upgrade of the Beitbridge border post in Zimbabwe. The Bank authorised a US$43 million senior term loan facility to Zimborders Mauritius Ltd and the issuance of an Investment Guarantee of US$27 million supporting Pembani Remgro Infrastructure Fund to...
ECOWAS Bank for Investment and Development, EBID, the regional development bank for the ECOWAS sub-region (Economic Community of West African States), and ODDO BHF AG, the Franco-German financial services group with a longstanding track record and expertise in ECA financing, have signed a framework agreement. Dr. George Donkor, President of...
The government has said its determination to realize massive improvement of health sector infrastructure will be vigorously pursued through 'Agenda111.' The vision dubbed ‘Agenda 111’ is part of the plans to make Ghana a leading centre of medical excellence. Speaking at his first state of the nation address, President Akufo-Addo, stated...
President Nana Addo Dankwa Akufo Addo has commended the Africa Export and Import and Bank, Afreximbank for supporting Trade and Industrialization on the African continent. Nana Addo also commended the institution of the Pan-African Payments and Settlements System (PAPSS). He stated that the PAPSS could be effective in terms of its...
The United Nations has condemned the United States government and in passing the blind alignment of Cape Verde - in its strong-arm tactics with Venezuela, namely the inequity of the sanctions imposed on that Latin American country and the judicial persecution The condemnation is on the basis of an absolutely...
Africa’s path to building prosperity is at the core of the continent’s development narrative. For over half a century, we have been trying to figure out what our way out of poverty and underdevelopment should be. Still, the struggle remains. Why might that be? Simply put, there are a...
Nkrumah’s Ghana and its independence in the words of the greats A few years ago when Ghana celebrated the 60th Anniversary of weaning itself off the breast of wicked British colonialists, the president of the land, President Nana Addo Dankwa Akufo-Addo, gave a very resounding speech. A speech that was described as...
… affected areas include Dzorwulu, Ashaiman Middle East, East Legon The Ghana Grid Company Limited (GRIDCo) has announced in a statement to the general public that it will be carrying out demolition work around its Right-of-Way (RoW) locations along the Tema-Achimota-Mallam High Voltage Transmission Lines this month. The exercise will...
With rising COVID-19 infection rates, a reintroduction of social restrictions and the ensuing socioeconomic toll on some of the most vulnerable people that has characterized the turn of the year, a not-for-profit development outfit – Cocoa360 – is easing the strain on government’s efforts at curbing the disease, with...
By Setor QUASHIGAH One of the most important lessons from the pandemic-struck 2020 is the need to stay safe. Alongside staying safe, the uncertainties brought about by the scourge of the virus means that protecting one’s income has also become more critical. Mitigating risks presented by the pandemic ought to be...