Category Archives: Ghana News

Ghana News

South Africa to strengthen investment relation with Ghana and Nigeria.

South Africa will be strengthening its investment relation with Ghana and Nigeria as the country’s department of trade and industry recognizes Ghana and Nigeria as strategic partners within the West Africa region. In this regards, the dti will send a business delegation on a Trade and Investment Mission to Accra, Ghana and Lagos, Nigeria from 20-25 March 2017 with the objective to identify and create export markets for South African value-added products and services while creating business partnerships between business communities of the respective countries. Sectors to be focused on by the mission includes Agro- Processing; Electro-technical; Infrastructure, Mining and Capital Equipment.

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Former UNSG, Kofi Annan endorse Ghana’s effort to strengthen Agribusiness

Former UNSG, Kofi Annan has observed the new agricultural commitment of Ghana and has applied the new government on their quest to boost agriculture and through that, a means to create jobs and reduce unemployment among the youth.

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GE’s Fuel-Flexible Power Plant Brings Vital Energy Boost to Ghana

  • GE to Provide 200MW Turnkey Power Plant with Consortium Partner to Amandi Energy Limited in Aboadze, Ghana;
  • Tri-Fuel 9E.04 Gas Turbines From GE to Add Equivalent Power Needed to Supply More Than 1 Million Ghanaian Homes;
  • New Plant Will Help Ghana Tackle Energy Deficit.

GE, (NYSE: GE) (www.GE.com) the world’s premier digital industrial company, today announced the order of a 200MW combined-cycle power plant to be operated by Amandi Energy Ltd in Aboadze, Ghana. The plant will help to add reliable and efficient capacity to the grid to tackle Ghana’s increasing demand for power. The plant’s construction will be overseen by Metka, a leading international engineering contractor.

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Ghana: President’s Speech as Ghana Celebrates 60th Independence Anniversary.

Ghana 60th Independence

We are met here today to celebrate the 60th anniversary of our nation’s independence, to celebrate our freedom from the clutches of British imperialism, to celebrate the final achievement of the struggle of successive generations of Ghanaians patriots to establish a free, sovereign Ghana. We are grateful that on such a happy day, leaders of our neighbouring countries and friendly nations have joined us in our celebration.

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Ghana to Introduce New Currency Note Today

new GHS5 currency note

New GHS 5 currency note

Ghana will introduce new GHS5 currency note: The Bank of Ghana (BoG) has announced that it will be issuing a new 5 Ghana Cedis note which will have a portrait of Dr James Kwegyir Aggrey – a missionary and a teacher in the Gold Coast, who lived from October 18, 1875, to July 30, 1927. According to Dr Abdul Nashiru Issahaku, the Governor of the BoG, the new GHS5 note will be used alongside the old GHS5 note. He mentioned that the decision is being made as an effort to celebrate Dr James Kwegyir Aggrey for his unprecedented contribution towards education and the development of the country. The new GHS5 note has new durable security features which can be easily identified by the public and comes with additional internationally acceptable security features which are sensitive to touch to aid the visually challenged in identifying the new note. The new note is also a move to celebrate 60 years of central banking in Ghana since it began in 1957 following the country’s independence.

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Facebook’s Chief Product Officer visits Ghana to learn from its tech and creative talent

Chris Cox, Chief Product Officer Facebook; Ime Archibong, Director Strategic Partnerships Facebook; Emeka Afigbo; Jorn Lyseggen, CEO of Meltwater and Founder of MEST and Kate Sarro, Managing Director of Meltwater

Chris’s visit is part of a week-long trip to Nigeria, Ghana and Senegal where Chris is keen to understand how creatives, developers and entrepreneurs are using mobile technology to create services, content and businesses that address local needs

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

EBAFOSA

Accra, Monday 20, 2017 — The Ecosystem Based Adaption for Food Security Assembly (EBAFOSA; www.ebafosa.org), 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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Tullow Oil to Focus on Free Cash Flow in Reducing Debt

Tullow Oil

With 2016-end year post tax loss of 600 million USD, operating cash flow of 800 million USD, and revenue of 1.3 billion USD, Tullow oil has made notice that it will not be paying shareholder dividends.

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IMF Staff Concludes Visit to Ghana

A team from the International Monetary Fund (IMF), led by Joël Toujas-Bernaté, visited Accra from February 6-10, 2017 to take stock of the 2016 economic developments and the outlook for 2017, engage in a dialogue about the new government’s economic plans, and discuss prospects for program engagement with the IMF. [1]

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