Tag Archives: Ghana

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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AGI Rejoice Over Tax Reduction

Association of Ghana Industries (AGI)

The Association of Ghana Industries (AGI) has expressed sentiment on the new government’s announcement on the reduction of taxes in the 2017 budget for financial services. The tax cut included reduction and relief on taxes in sectors such as real estate, pharmaceuticals, and airline tickets.

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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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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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Canadian Government to Invest $120m into Ghana’s Agricultural Sector

The newly appointed Minister of Agriculture, Dr Owusu Afriyie Akoto has announced the kick-start of a project termed ‘Planting for Food & Jobs programme’ under Ghana’s agricultural sector which is set to receive 125 million Canadian Dollars investment from the Canadian government. According to the minister, the project will create over 750,000 jobs for the youth. The project is scheduled to commence this March and to continue during the next farming season this year. The project seeks to create a sustainable food security structure for all people across the country. Planting for Food & Jobs will be operating under five main components: supply of improved seedlings, provision of fertilisers, extension services, marketing for produce and e-agriculture. Ken Ofori-Atta – Ghana’s Finance Minister represented the government of Ghana to sign the agreement which allows the release of the funds. The Canada government was represented by Ms Heather Anne Cameron, the Canadian High Commissioner to Ghana.

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Ghana Insurance 2017

Emerging Trends in Ghanaian Insurance Market—An Overview

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Ghana Securities and Capital Market

A Broad-ranging Outlook on Ghana Securities and Capital Market

According to a new research, the GDP for Ghana is expected to reach a significant growth rate of 7.5% by 2018, showing a steady growth attracting investors. Despite the bad debt levels, the GDP manifested a steady growth of 3.9% at the end of 2015 as Ghana’s market attracted a lot of investors. Ghana has boomingly become the third-largest growing economy in Africa and exhibited profound economic growth. With the course of time, the Government of Ghana has taken various strategic initiatives to broaden the horizons for international investors entering the market. The country’s proclivity for becoming a security-oriented market has been justified with the latest developments in Ghana. Ghana’s capital market is gradually developing and increasingly beginning to play pivotal role and helping to attract long-term capital for financing economic activities.

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Global Trade Partners in the 21st Century

WASHINGTON, May 15, 2013/African Press Organization (APO)/ — Remarks

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ASANTE GOLD CORPORATION: ADVANCE NOTICE POLICY, ROYALTY ACQUISITION UPDATE AND WORKING CAPITAL LOAN AGREEMENT

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Dubai Expo 2020 reports on two social initiatives in Africa that are helping foster sustainability on a local level

DUBAI, UAE, May 1, 2013/African Press Organization (APO)/ Under the theme ‘Connecting Minds, Creating the Future’, Dubai is building its Expo 2020 bid (http://www.expo2020dubai.ae) on three sub-themes representing the forces that inspire global development: sustainability (lasting sources of energy and water); mobility (smart systems of logistics and transportation); and opportunity (new paths to economic development). Dubai Expo 2020 (http://www.expo2020dubai.ae/en/) reports on two social initiatives in Africa that are helping foster sustainability on a local level.

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GEMALTO TASKED TO IMPLEMENT GHANA’S SECURITY SYSTEM

 

AMSTERDAM, Netherland, April 8, 2013/ — Gemalto (Euronext NL0000400653) (http://www.gemalto.com), the world leader in digital security, has been appointed as prime contractor and turnkey supplier to provide Ghana Immigration Services (GIS) with a highly secure electronic visa and border management solution. This initiative is part of the eGhana project, an ambitious plan with backing from the World Bank to create a modern IT infrastructure that can support the country’s sustainable development plans in the years ahead.

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Last Flight to Abuja

Last Flight to Abuja the blockbuster airplane disaster thriller from multi award winning Nollywood filmmaker Obi Emelonye

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Standard Bank Group ranked the world’s 12th greenest bank

Standard Bank Group has been ranked the 12th “greenest” bank in the world and the cleanest in Africa by Bloomberg Markets.

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