Instead of expecting host countries to bend their long-held cultures and values, multinational companies investing in Africa have been urged to adjust culturally to the norms and traditions of their hosts. Adjusting to the culture and traditions of host countries, according to Sir Nigel Boardman - a retired Senior Partner...
Introduction to Correspondent Banking Correspondent banking may sound like a term straight out of a financier’s dictionary, but its implications ripple through the entire economy, touching the lives of both businesses and individuals. Essentially, it’s the process by which banks provide services to each other, including cross-border transactions and large-scale...
Deputy Managing Director of InvestCorp Asset Management Limited (InvestCorp), Kwabena Ofori Apeagyei, has expressed optimism about the investment climate, with expectation of a rebound despite the sector’s recent challenges, which have significantly affected growth. He echoed the words of encouragement by the Chairman of the InvestCorp Money Market Fund (IMMF),...
The economy recorded 72 new projects worth US$274.74million between January and June this year, the Ghana Investment Promotion Centre’s semi-annual investment report has revealed. This, however, is lower - in terms of value and number of projects - than the first half of 2022 when a total of 117 projects worth an estimated US$279.51million were recorded. A...
The Ghana Investment Promotion Centre (GIPC) has collaborated with the Japan External Trade Organization (JETRO), to organise a business forum focused on Ghana’s investment and regulatory landscape. The event availed an opportunity to orient the Japanese business community on the investment trends and opportunities within multiple sectors in Ghana to...
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...
…as GSE joins African Stock Exchange coalition The Ghana Stock Exchange (GSE) has formally joined the African Exchange Linkage Project (AELP), alongside over 30 other African stock exchanges, opening up wider opportunities for domestic investments. The initiative seeks to deepen liquidity, provide seamless investment opportunities and improve trading volumes across stock...
The Minerals Income Investment Fund (MIIF) seeks co-investment partners in its bid to invest in the entire minerals value chain of Ghana. MIIF is ready to co-invest and create a de-risking mechanism for investors says Edward Nana Yaw Koranteng, Chief Executive Officer of the Fund. The Fund has been described...
Investors’ demand for short-term papers in the primary market continues to exceed targets, recording an oversubscription of GH¢12.39billion on the back of limited investment options and attractive yields on the Treasury bills. Bills tendered by investors totalled GH¢47.3billion, approximately an average of 33 percent higher than the target of GH¢34.91billion -...
The Minerals Income Investment Fund (MIIF) is to commit GH¢25million to the Injaro Ghana Venture Capital Fund (IGVCF), which is managed by the Injaro Investment Advisors Ltd. (IIAL). Consistent with MIIF’s mission to become a lever for Ghana’s development and Injaro’s objective of building sustainable African businesses, the investment strategy...