African Export-Import Bank (Afreximbank) has disbursed US$200million to Zenith Bank Plc Nigeria under its Pandemic Trade Impact Mitigation Facility (PATIMFA). The funds will assist Zenith Bank to continue maintaining foreign currency trade flows impacted by the COVID-19 pandemic. They will also allow Zenith Bank to on-lend to eligible sub-borrowers involved in...
Following a meeting convened by the Pan-African Private Sector Trade and Investment Committee (PAFTRAC) and hosted by the Afreximbank, a communiqué addressed to members of the WTO and the eight candidates who have been shortlisted as the institution's next Director-General has been released - calling for a wide range...
The first-ever virtual trade meeting, organized by the United States Commercial Service, of the U.S. Embassy in Accra, created the opportunity for some 20 local investors to interact with leading brands and franchisors in the US. The three-day virtual trade mission, which ended in the week, is expected to help...
Puma Energy has been named the Best company in Employee Safety and Security Management Practices, and Best Company in Health and Safety Campaign at the second edition of the Health, Environment, Safety and Security (HESS) Awards held at the Kempinski Hotel in Accra. The event, which sought to create awareness,...
The Ghana Nigeria Business Council (GNBC), a registered not-for-profit entity, has lauded the efforts by President Nana Addo Dankwa Akufo-Addo to enhance trade relations between the two West African economic giants. On Thursday, September 3, 2020 during a meeting between Ghana and Nigeria regarding trade partnership, President Akufo-Addo stated the...
With the highest mobile penetration in West-Africa, Ghana recorded mobile adoption of 55% by the end of 2019 – this value is higher than the regional average for sub-Saharan Africa (SSA), which is 44.8% according to GSMA Intelligence. There were 16.7 million unique subscribers by the third quarter of 2019;...
Ghana’s next-door neighbour with the biggest trade hub within the West African region, Nigeria has also turned to Korea to provide them with a full end to end automation of the Nigeria Customs Service (NCS). This was disclosed by Nigeria’s Minister of Finance, Zainab Ahmed at the end of the...
…Shippers’ Authority fears for smooth implementation of AfCFTA As the country prepares for the January 2021 commencement of the African Continental Free Trade Area (AfCFTA), the Ghana Shippers’ Authority (GSA) has made some moves to ensure that the nation’s transit corridor is devoid of any barriers that impede the free...
Global business travel has largely ground to a halt during the pandemic. Experts have been raising the alarm that this is the death of business travel as we know it, arguing that it will be a long time before the virus is really gone and that business people have...
I want to believe that the first person to have ever locked the door to his room perhaps is the first victim of larceny. Experience, they say is the best teacher. Locking and opening the door at certain times is a form of control to regulate access to an...