G-Money, GCB Bank Ghana Limited’s mobile money service has launched ‘Nexus,’ an open Application Programming Interface (API) system to onboard third-party Financial Technology (FinTech) partners. With the API, G-Money partners are now able to perform disbursements, collections and Bill Payments including the payment of school fees and utility bills. Additionally,...
The Savanna Agricultural Research Institute (SARI) of the Council for Scientific and Industrial Research (CSIR) has called on government to regularize BT cowpea, a genetically modified variety. The new insect resistant improved cowpea variety developed by the Institute in collaboration with partner institutions, has the potential to boost cowpea production by...
The COVID-19 pandemic has had both economic and social effects on local communities, resulting in an increase in crime, domestic violence, prices, and low business productivity. However, assistance from non-state actors such as churches and philanthropists provided significant support in complementing Government’s efforts to lessen the impact of the pandemic...
The government has set a revenue target of US$1 billion from export of vegetables over the next six to seven years. The projection is banked on recent investments in green house villages at Bawjiase, Akomadan and Dawhenya and the construction of irrigation dams across the country, which the government expects...
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...
Strategic Sourcing and Industrialisation insights with Prof Douglas Boateng Africa is one of the fastest growing consumer markets in the world, yet spending habits on the continent remain an obstacle to long-term industrialisation and economic development. The adoption of more strategic consumer sourcing and buying behaviors may offer greater opportunities...
New data released by the Ghana Statistical Service (GSS) has revealed that the coronavirus pandemic led to a significant decline of sales in about 90 percent of local businesses surveyed in 2,770 localities in the country from May to June 2020. The report, dubbed ‘COVID-19 Local Economies Tracker’, which aims...
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...
… agency threatens to take some off The state institution responsible for supplying internet services to all Ministries Departments and Agencies (MDAs), the National Information Technology Agency (NITA), has given an alert that it would soon begin taking some MDAs off its internet supply due to their failure to pay...
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...