Tuesday, November 19African Digital Business Magazine

Ghana News

Ghana News

Business, Ghana News

How Athletes’ Skills are Helping Build a More Adaptable Workforce and Contribute to Economic Development in Ghana’s Oil Sector

By David Lavallee and Ruth Lavallee In a previous article [1] we outlined how human capital is expected to soon surpass financial capital as a key driver of economic development within the oil sector, coinciding with a widening global skills gap in the industry. To help contribute to a solution, we partnered with the Ghana Chamber of Bulk Oil Distributors to research how skills that elite athletes develop through sports can progress economic development in the oil sector.   In the first phase of our research [1], we showed that elite athletes transitioning from the sport of football to the oil sector bring valuable skills, including:  Collaboration and Communication Leadership and Strategic Planning Decision-Making and Risk Management Negotiation, Creativity, and Emotion...
Africa Travel, Ghana News

Virgin Atlantic adds three new destinations for summer 2025

Airline will launch flights to Riyadh, Saudi Arabia from March 2025 Flights to Accra, Ghana will operate for the first time since 2013, with launch in May 2025 Both routes will be on sale from 12 September 2024 Airline recently announced plans to return to Toronto, Canada, its first Canadian route in a decade Virgin Atlantic has announced new flying from London Heathrow, adding two new destinations of Riyadh, Saudi Arabia and Accra, Ghana to its network for summer 2025. New route to Riyadh, Saudi Arabia For the first time, the airline will launch a daily service to King Khalid International Airport in Riyadh, Saudi Arabia. The service aims to participate in the growth expected from Saudi Vision 2030. In 2023, annual trade between the UK and Saudi Arabia was worth £17.1 bill...
Business, Ghana News

Game Changers: How Athletes’ Sports Skills Can Help Promote Economic Development in Ghana’s Oil Industry

By David Lavallee and Ruth Lavallee The Ghanaian oil sector stands on the cusp of an unprecedented skills crisis and there is an urgent need to find innovative solutions. The significance of human capital is escalating and will eventually surpass financial capital in terms of economic drivers within the oil industry  [1]. Sustainable growth depends on Ghana’s workers having the competencies that employers need in an increasingly skills-driven economy. There is, however, significant skills gap in the industry and the shortage of skilled workers will only become greater in the coming decade [2].  Identifying untapped skills within the existing workforce could be one way to help address these issues in the oil sector. Workers who previously competed in sports to an elite level could be a re...
Ghana News, Kenya News, Main, Nigeria News, South Africa News

Global Cities Report: A mixed bag of results for Africa

Social, geopolitical, and technological transformations are actively disrupting the traditional hierarchy of global cities, creating a more widely distributed geography of opportunity. This is according to Kearney’s 2023 Global Cities Report, which highlights that established global city leaders face ever-greater competition from emerging hubs, with those taking a regenerative approach poised to lead in the attraction of talent, innovation, and investment. Global Cities Index The Global Cities Index (GCI) seeks to quantify the extent to which a city can attract, retain, and generate global flows of capital, people, and ideas. Cities are measured against five key dimensions: Human Capital, Information Exchange, Cultural Experience, Political Engagement, and Business Activity. Average GC...
Zohra Opoku Pioneering Sustainability at the Unveiling of a New Exhibition in Ghana
Art, Ghana News

Zohra Opoku Pioneering Sustainability at the Unveiling of a New Exhibition in Ghana

Zohra Opoku and the Revival create expressive, daring, site-specific works that engage people and promote sustainability to combat climate change.  A major exhibition of work by German-Ghanaian artist Zohra Opoku, in collaboration with a Ghana based community-led sustainable design initiative, The Revival (founded by Kwamena Boison & Yayra Agbofah), has officially been unveiled at the Red Clay Studio in Tamale, Ghana. The public exhibition known as TRANSFER(S) is organised by Osnabrück Kunsthalle and opened in Germany earlier in July 2023, with a monumental installation of Ibrahim Mahama’s montaged tapestry of strip-woven textiles, decommissioned jute sacks and batakaris (traditional garments cumulated from the northern region of Ghana). Now in its second phase, TRANSFER(S) will show...
9th Edition Connected Banking Summit – West Africa Innovation & Excellences Awards 2024
Fintech, Ghana News

9th Edition Connected Banking Summit – West Africa Innovation & Excellences Awards 2024

Innovations Powering Digital Inclusion and Sustainable Transformation Accra, Ghana Get ready to mark your calendars as the 9th Edition of the Connected Banking Summit- West Africa is set to take Accra, Ghana on February 21st, 2024. This highly anticipated summit promises two days of unprecedented insights, discussions, and networking opportunities, bringing together global executives, industry experts, and visionary leaders from the BFSI sector. The Connected Banking Summit has garnered a reputation for championing forward-thinking banking models, with a focus on accelerating digital transformation, ensuring impeccable customer experiences, upholding regulatory compliance, and maintaining the highest standards of privacy and security. The summit will also feature the prestigious Innovati...
Luxury Lifestyle Awards Recognizes Clifton Homes as Winner in Two Prestigious Categories
Ghana News, Real Estate

Luxury Lifestyle Awards Recognizes Clifton Homes as Winner in Two Prestigious Categories

Clifton Homes Limited, Ghana's fastest-growing residential developer since 2010 is thrilled to announce its remarkable achievement as a winner of two distinguished categories at the esteemed Luxury Lifestyle Awards. The company has been awarded the titles of Best Luxury Real Estate Developer in Ghana and Best Luxury Residential Development for their exceptional project, The Lennox. As a leading force in Ghana's real estate market, Clifton Homes has consistently delivered stylish, high-specification homes in prime locations. Their commitment to providing unparalleled quality, combined with competitive pricing, has made them one of the most trusted developers in the country. "We are incredibly honored to receive these awards from Luxury Lifestyle Awards," said Ann  Brewin, CEO of Clifton H...
Fintech, Ghana News, South Africa News, Tunisia News

Central bank digital currencies: What they mean for financial inclusion and private sector banks

Three pilots, one fully launched digital currency in Africa The world’s central banks understand that the future of money is digital. As payments shift online, the use of cash declines and the fortunes of crypto assets rise and fall, central bankers realise that their ability to command the use of money in their economies could weaken and that the financial exclusion of un- and underbanked citizens could be cemented. To try and forestall such developments, central banks in all the world’s major economies and most of its lesser ones are exploring the creation of digital currencies, and a handful of emerging economies have already launched their own. The widespread introduction of central bank digital currencies (CBDCs), especially in the world’s major economies, is not imminent. But the g...
Fintech, Ghana News

9 Ventures Announced for the Africa Money and DeFi Summit Investment Showcase

The Africa Money and DeFi Summit has announced nine ventures selected to showcase their cutting-edge Web3, Blockchain, Fintech, and Decentralised Finance (DeFi) businesses to investors and industry leaders, live on stage, in Accra, Ghana on October 3rd and 4th. With a focus on forging connections and bridging the gap between African ventures, corporates and global investors, the West Africa edition drew applications from Ghana, Kenya, Nigeria, Uganda, South Africa, Zambia, Namibia, and Côte d'Ivoire. The ventures are: Hurupay (Ghana) is a stablecoin payment platform that enables African businesses to accept stablecoin payments from customers as a more stable and reliable payment method, eliminating concerns related to currency depreciation or high transaction costs. Save App (Kenya) is...
International Naval and Air Forces Leaders to Gather at the 3rd Edition of The International Maritime Defence Exhibition and Conference
Events, Ghana News

International Naval and Air Forces Leaders to Gather at the 3rd Edition of The International Maritime Defence Exhibition and Conference

Accra, Ghana - The highly anticipated 3rd International Maritime Defence Exhibition and Conference (IMDEC) is set to take place on 29-30 August 2023 at the Burma Hall, Ghana Armed Forces Headquarters, Accra, Ghana. The new dedicated exhibition hall in Burma Camp, purpose-built to accommodate the growing event, will also be inaugurated at IMDEC, the largest gathering of Africa's maritime industry. IMDEC will bring together regional and international Chiefs of Naval Staff to address the critical issues surrounding maritime security on the continent. The conference aims to foster dialogue and collaboration among key stakeholders to sustain a safe and secure maritime domain, focusing on consolidating the gains made in the Gulf of Guinea. The Keynote speech is by Guest of Honour, Hon. Dominic ...