Although developing countries attracted a record share of global foreign direct investment in 2020, finance for infrastructure and productive sectors fell significantly, weakening their COVID-19 recovery prospects. Foreign direct investment (FDI) flows to developing economies have shown relative resilience to the COVID-19 crisis, falling by just 12% in 2020 compared...
African Export-Import Bank (Afreximbank) and the Silverbird Group signed a partnership agreement on the side-lines of the Africa Investment Forum to build West Africa’s largest and most modern educational and film studio complex in Lagos, Nigeria. The partnership was signed by Helen Brume, Director, Project & Asset-Based Finance, Afreximbank and...
Ventures Platform, an African early-stage investment fund that supports startup companies on the continent, has announced the closure of a first tranche of US$40 million, to invest in market-creating innovations. With the completion of this transaction, a second component of the fund is due to take place in early 2022...
The Ghana Investment Promotion Centre (GIPC) has engaged the diaspora community to increase Foreign Direct Investments (FDIs) and Diaspora Direct Investments (DDIs) inflows into the country. The diaspora investment campaign, which took place in about five states in the USA, was part of plans to meet the Centre’s US$3billion target...
Investment portfolios have recovered their market values, reaching their highest level since November 2022 following the Securities and Exchange Commission's (SEC) directive to adopt the mark-to-market valuation approach. This improved confidence in the market is attributed to successful settlement of the Domestic Debt Exchange Programme (DDEP). According to market sources prices...
Quartey calls for consumption of Made in Ghana goods to revive sector If there is any sector that was not spared the ruins of the coronavirus pandemic, then, the manufacturing sector cannot be overlooked, as new data shows it has experienced its biggest contraction in more than six...
Have you heard about investing in a hotel apartment? What is a hotel apartment? Or better, Cautious about investing in a hotel apartment? In this article we have put together reasons why we believe this subject deserves a second look. Hotel apartments guarantee high return real estate ventures and should...
The Ghana Stock Exchange (GSE) is exhibiting signs of expansion, as its Financial Stocks Index (GSE-FSI) experienced a modest upswing. Buoyed by better-than-expected results from both listed and non-listed banks, the GSE-FSI recorded a gain of 1.53 percent over the last four weeks, followed by a 1.79 percent gain in...
The Securities and Exchange Commission (SEC) has introduced a series of public education programs dubbed Capital Market Financial Education Forum (CMFEF) designed for key stakeholders in the Ghanaian capital market. The first of the series begun under the theme, ‘Understanding the Mandate and Regulatory Toolkit of the SEC'. The programme...
Indigenous auto giant, Tanink Ghana Ltd., was the big winner at the 4th edition of the JP Ghana Auto Awards held at the Kempinski Gold Coast Hotel in Accra, sweeping three prestigious awards. Touted as the only thriving wholly-owned Ghanaian automobile company, Tanink Ghana was adjudged the Indigenous Auto Company...