Businesses belonging to Persons With Disability (PDWs) from the northern part of the country have been provided with GH¢200,000 under the National Entrepreneurship and Innovation Programme (NEIP). The package is in line the Presidential Empowerment for Entrepreneurs with Disability through the Ministry for Business Development. In all, an amount of...
For the first time in 28 years, the Ghana Cocoa Board (COCOBOD) has signed a US$1.3 billion syndicated loan through a virtual platform with lenders and lead arrangers abroad. The meeting which was organized via a video conferencing due to the COVID-19 pandemic saw 28 banks participate in this year’s...
Leading African challenger fintech into cross border payments extends Visa payment solutions and credentials to simplify cross border remittances Zeepay, a fast-growing African fintech, has announced a partnership with Visa that will allow Africans in the diaspora to send money directly onto Visa debit and prepaid cards in Ghana. Through...
Ghana’s efforts to build a self-reliant economy, the country’s digitization drive and the sectors of the economy ripe for investment are among the topical issues explored by Mahamudu Bawumia, the Vice-President said , in an in-depth video interview (vidcast) he gave to Oxford Business Group (OBG)’s Souhir Mzali, the...
The Deputy Director of the Council for Scientific and Industrial Research-Crops Research Institute (CSIR-CRI), Prof. Mrs. Marian Quain, has rekindled the call for the adoption of genetically modified (GM) crops to brighten the agenda of agricultural transformation to drive economic growth and development. She observed that with the rising agricultural...
FBNBank Ghana Limited, a subsidiary of First Bank of Nigeria Limited, has inaugurated its ultramodern Ring Road Central branch, located at Nima Junction in Accra. The opening of the new Ring road branch forms part of the bank’s strategy to reaffirm its commitment to Ghana as well as to demonstrate...
The quest by Ghana to transform its economy through Agriculture continues to gain momentum under the leadership of President Nana Addo Dankwa Akufo-Addo. Following the successful implementation of the food crop module of its flagship Planting for Food and Jobs (PFJ) initiative, government is set to achieve yet another milestone...
Buoyed by the success of the initiative to provide young entrepreneurs with access to funding of between GH¢10,000 to GH¢100,000 to grow their businesses, the government, through Ministry of Business Development, will make available GH¢200 million to small-scale businesses and start-ups next year, the minster responsible for its implementation,...
Despite inflation trending downwards, the Monetary Policy Committee (MPC) of the Bank of Ghana, has for the third consecutive time, maintained the monetary policy rate at 14.5 percent, citing widening fiscal policy as the main concern. Headline inflation, after peaking at 11.4 percent, has eased slightly above the upper band...
…commends Otumfuo for releasing 150-acre land President Nana Addo Dankwa Akufo-Addo has inaugurated an integrated composting and recycling plant worth US$95 million in Kumasi to serve as the central point for processing waste generated in the Ashanti Region. The facility, named after the Asantehene, Otumfuo Osei Tutu II, was established...