The Nigerian High Commissioner to Ghana, Femi Michael Abikoye, has said Ghana and Nigeria will continue to deepen its relationship - a move that will see an increase in the number of Nigerian businesses operating in the country. According to him, Ghana and Nigeria have enjoyed a positive bilateral relationship...
Norwegian fertiliser maker Yara International is considering building a $2 billion plant in Mozambique and may seek partners to share the cost, the chief executive said. Mozambique awarded Yara a project in January to make ammonia and urea from the country’s gas output, saying the firm could produce up to...
The National Petroleum Authority (NPA) has officially launched its National Petroleum Safety Campaign to raise awareness on adherence to safety protocols in the petroleum downstream sector, under the theme ‘People Safety First’. Speaking at the launch, Chief Executive of the NPA Alhassan Tampuli said since April this year, the authority...
The President of Rwanda, Paul Kagame, is projecting the removal of all continental barriers to allow for free trade in Africa within the next 5 to 10 years. According to the Rwandan President, the various regional blocs in Africa have done a lot - putting in place the right measures...
A lecturer at the Ghana Banking College and CEO of Universal Capital Management, Dr. Richmond Atuahene, has said the new minimum capital required of banks partly explains why they did not lap up the ESLA bond. As of Friday, October 30, which was supposed to be the deadline for subscription...
An international development consultant, Larry Attipoe, has urged government and agro-based businesses to explore the huge opportunities available on the international Fairtrade market. He said when that is done, smallholder farmers will get maximum value for their produce, whil the economy stands a chance of raking in more export earnings. He...
The agriculture sector, which is the leading employer in the country, is still very far from the stage where it can attract needed funding from the private sector, Alhassan Andani, Managing Director of Stanbic Bank, has said. According to him, banks and financial service providers are cautious of lending to...
National boxing legend and former WBC featherweight  and WBC super featherweight champion, Azumah Nelson, has held discussions with the Ghana Civil Aviation Authority (GCAA)–the aviation industry regulator–about establishing an airline. www.aviationghana.com sources say, the discussions took place months ago and the boxing ‘professor’ and his business associates are now expected to submit some...
Power producer, Sunon-Asogli and other local independent power producers would have produced a combined megawatt of 560MV of power as against 230MV from Ameri Energy, Energy Minister, Boakye Agyarko has suggested. “We would have been better for example pushing to make sure the Sunon- Asogli project was completed and then...
South Africa’s seasonally adjusted Absa Purchasing Managers’ Index (PMI) rose to its best level in five months helped by an increase in new sales orders, a survey showed on Wednesday. The index, which is compiled by the Bureau for Economic Research and gauges manufacturing activity in Africa’s most industrialised economy,...