Author Archives: Joshua Amponsem

Africa Celebrates World Water Day 2017 – Wastewater as a Resource.

World Water Day

World Water Day, on 22 March every year, is about taking action to tackle the water crisis. Today, there are over 663 million people living without a safe water supply close to home, spending countless hours queuing or trekking to distant sources, and coping with the health impacts of using contaminated water. This year’s theme: Why waste water? in support of SDG 6.3 on improving water quality and reducing, treating and reusing wastewater.

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DEAL 2017 to Spur Amusement Industry in Africa.

DEAL 2017

African millennials are changing their consumer spending patterns, from markets to malls, where they can eat, socialize and get entertained at Family Entertainment Centers (FEC) apart from shopping. Also there have been key amusement parks in Egypt, Nigeria, Tunisia and South Africa which have enticed people around the African region. DEAL 2017 will bring to Africa the largest show in the amusement industry and will provide an effective platform for the stakeholders within the African entertainment and amusement sector, as per International Expo Consults – the organizers of the show. In the wake of growing developments in the African region, it is essential for shows like DEAL to bring key players of the amusement and leisure industry to converge at a focal point to showcase ingenious products which can benefit the market. African tourism has seen a boost is simultaneous to the economic growth being experienced across many parts of the continent. Reports predict that direct contribution of Travel & Tourism to GDP will increase by 4.8% per annum, to USD121.3bn which is approximately 3.2% of GDP by 2026.

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EBAFOSA calls for all inclusive climate action towards food security in Ghana


Accra, Monday 20, 2017 — The Ecosystem Based Adaption for Food Security Assembly (EBAFOSA;, established under the auspices of the United Nations Environmental Programme will join the Ministry of Food and Agriculture, and the Ministry for Environment, Science, Technology and Innovation to launch the all-inclusive pan-African framework on food security in Ghana on the 3RD of March, 2017 at the University of Ghana (ISSER Auditorium) from 8:30 to 12:30 pm. The event is expected to bring together key stakeholders in all areas– public and private sectors, educational and research institutions, individuals publics/citizens, community based organizations, international intergovernmental organizations, NGOs, civil society groups, etc. to collaborate in developing and implementing policy solutions to upscale Ecosystem Based Adaptation – driven agriculture and its value chain improvements toward ensuring sustainable inclusive growth in Ghana.

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Clean Energy West Africa Summit Confirms Workshop for Ecowas-Based Clean Energy Start-Ups

In partnership with the Climate Innovation Center, Ghana, the Clean Energy West Africa Summit will host the first incubator workshop in April which will look at how entrepreneurs can build, develop and sustain clean energy businesses.

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Drought is Driving Food Insecurity in East Africa, Says FAO

Strong El Niño weather event that ended only last year and poor erratic rainfall in recent months is driving food prices high causing food insecurity in East Africa region. Local prices of maize, sorghum and other cereals are near or at record levels in swathes of Ethiopia, Kenya, Somalia, South Sudan, Uganda and the United Republic of Tanzania, according to the latest Food Price Monitoring and Analysis Bulletin (FPMA).  Prices of staple cereals have doubled in some town markets within the region. According to FAO senior economist and coordinator of the Global Information and Early Warning System, Mario Zappacosta, “Sharply increasing prices are severely constraining food access for large numbers of households with alarming consequences in terms of food insecurity.”

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IMF Report Indicates Drought in Somalia will decelerate Economic Activities in 2017.

drought in somaliaSomalia has marked important milestones in rebuilding its economy and normalizing relations with international financial institutions, over the past five years. However, IMF’s 2016 IV consultation shows that impact of drought in Somalia will decelerate its economic growth from 3.4 percent to 2.5 percent.

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WWD: A Call for Wetlands Protection.

Happy World Wetlands Day (WWD) to everyone who works to protect global wetlands. Wetlands are the link between land and water, and are some of the most productive ecosystems in the world. Some common names for different types of wetlands are swamp, marsh and bog. To be called a wetland, an area must be filled or soaked with water at least part of the year. As wetlands are continuously threatened by human activities, this is a day to spread awareness on the importance of wetlands and call on more people to join hands in protecting wetlands.

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Things to Look Out for in Choosing a Credit Repair Company

Keeping a good score on your credit history has long been a necessity in progressing financially through many diverse financial services. Credit Repair has then be a solution to keeping a clean credit history and maintaining a good reputation. However, these companies could also jeopardize your legality to credit records. The importance of hiring a credit repair company should first of all focus keeping a legal credit history and also to have a good credit score with no irrelevant information.

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Uganda: Karuma Hydro Power Project Sees Green Light.

The project which is being executed by Uganda Electricity Generation Company (UGECL) and a Chinese company Sinohydro Corporation – as contractor, was anticipated to produce 600MW of hydropower was paused due to recognized cracks in the dam section which posed threat to the project. Stakeholders partnered in finding teams of experts, both local and international to get a solution to the challenge. After several consultations, concrete works have resumed at the project site. Key inputs from the experts included reducing the temperature of the concrete during placement as well as improvement on the placement methods, which demanded the use of agitator trucks. Following that, a cooling plant has been installed on site to ensure concrete is placed at 20 degrees Celsius. Currently, the contractor, Sinohydro, has completed over 95% of the tunneling excavation and is currently concreting the tunnel.

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Kenya to hold Summit on Economic Innovation in Africa Organized by The Economist

Kenya will hold a summit on the 1st of February organized by The Economist Events on the theme ‘Driving economic and health-care innovation for tomorrow’s Africa’. The summit which will be held at the Radisson Blu Hotel, Nairobi, will converge local and international delegates sourced from the private sector, the business community, African governments, media and international bodies to explore how African economies can effectively innovate and navigate through the challenges experienced in health care, infant health, infrastructure, productivity, education and make changes in their already established systems.

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Inaugural Susuk Transaction – $150m Issued by an African Entity.

A leading pan-African multilateral development finance institution and project developer, Africa Finance Corporation (AFC), has issued its maiden Sukuk – which the highest-rated Sukuk issuance from an African institution. After attracting high levels of investor interest, the initial target of 100 million USD was more than twice oversubscribed, resulting in the transaction being upsized to 150 million USD and a final order book of approximately 230 million USD. The transaction represents the first Sukuk to be issued by an African supranational entity, and also the first Sukuk transaction in 2017.

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