The first few quarters of the year have been dominated by events related to the health and economic pandemic – including loss of life and economic livelihood. Ghana’s GDP, according to the most recent forecast from the Ministry of Finance, of 0.9% is the lowest the country has recorded...
“Green bond plays a fundamental role in getting us to a Netzero future. We have to do it and we have to start NOW!” – John Gandolfo (VP & Treasurer, IFC)
The first time I heard of green bonds, I was baffled. I thought the color of the bond certificate...
Farouk Khailann, Global Chamber of Business Leaders’ Secretary-General has been appointed as International Partner by the World Business Angels Investment Forum (WBAF), a global platform that provides funding opportunities to entrepreneurs and businesses.
The appointment means Mr. Khailann will now represent Ghana at the Grand Assembly of the World Business...
Why are stock-market valuations soaring when the real economy remains so fragile? One factor has become increasingly clear: The crisis has disproportionately affected small businesses and low-income service workers.
They are essential for the real economy, but not so much for equity markets. True, there are other explanations for today’s...
IFC provided record financing in fiscal year 2021 in the Middle East and Africa to help thousands of small businesses access finance, connect people and businesses to reliable digital infrastructure, trade and services, and help to meet critical health needs amid the COVID-19 pandemic. The financing reached US$10.4 billion.
IFC's...
Prudential Life Insurance has partnered with Surfline Communications to provide an insurance package for employees of Small and Medium Enterprises (SMEs) in Ghana dubbed ‘Surf Insure’.
This first-of-its-kind partnership will extend life insurance cover to employees of SMEs who are Surfline subscribers signed onto Surf Insure. The subscribers will be...
In accordance with the provisions of the Insurance Act, 2006 (Act 724), mandating Insurance Companies to separate the general insurance business from the life business, QLAC was established.
Quality Life Assurance Company Limited (QLAC) was incorporated on 23rd October 2007. The Company commenced operation on the 1st of January 2008. Before then...
Collective investment schemes are investment vehicles that allow investors with similar objectives to pool their funds together with the aim of investing the funds for an objective specified in the scheme particulars also known as the prospectus. The common interest of the investors demonstrated in the scheme particulars they...
A bond is typical fixed-income security that offers a fixed or guaranteed rate of return to the investor over a specified period of time. Nevertheless, the risk and return characteristics of individual bond investments vis-a-vis bond mutual funds are not the same. Depending on the peculiar investment objectives, some...
Government is expected to accrue US$1.56billion as export tax from a US$60billion investment into the establishment of the Petrochemical Hub in the Western Region, a report of the select committee on Mines and Energy on the Petroleum Hub Development Corporation Bill. 2020 has revealed.
According to the report presented to...