Category Archives: Ghana News

Ghana News

Africa Trade Insurance (ATI) and Government of Ghana sign RLSF MOU to promote access to reliable, clean, and affordable electricity in the country

Ghana becomes the ninth ATI Member State to sign the RLSF MoU Ghana’s onboarding of RLSF will lead to significant progress in de-risking renewable energy projects, which should spur additional investments from project developers and lenders owing to the improved risk profile of the projects. RLSF is a joint initiative of ATI, the KfW Development […]

Indirect tax developments in Sub-Saharan Africa

By Jana Botha, VAT Consultant, Baker McKenzie Johannesburg There have been significant developments in indirect tax within Sub-Saharan Africa (SSA) in the past year. The vast majority of developments have been based around VAT amendments and policies, as well as general budget updates for 2022 across SSA. This article includes key developments from Ghana, Kenya, […]

Public Private Collaboration is Key to a Sustainable Mining Sector in Africa

Leading event in Accra shines a spotlight on responsible change The town of Obuasi in the Ashanti region of Ghana, West Africa, has a long and rich mining history. In 1897, large scale commercial and industrial mining began at the Obuasi Gold Mine and continued for over a century until its closure in 2014 for […]

#NoFalseNewsZone: How to determine fake information

Exclusive Interview With Oluwasola Obagbemi, Corporate Communications Manager, Anglophone West Africa, Meta Oluwasola Obagbemi talked about why the #NoFalseNewsZone campaign is needed, what reliable information is, how to determine lies, and how to solve problems with the spread of fake news. 1. Why do you need to conduct a #NoFalseNewsZone campaign now? The #NoFalseNewsZone campaign […]

The rapid rate of competition law developments across Africa

By Lerisha Naidu, Partner, Angelo Tzarevski, Associate Director, Sphesihle Nxumalo, Associate and Zareenah Rasool, Associate, Competition & Antitrust Practice, Baker McKenzie Johannesburg Baker McKenzie’s latest Africa Competition Report 2022 provides a detailed analysis and overview of recent developments in competition law enforcement and competition policy in 32 African jurisdictions and regional bodies. The Report outlines how, over […]

Data security and privacy laws develop across Africa

Numerous countries in Africa have developed or implemented data privacy and security laws in their countries in the last few years. With the rapid rise in digitisation as a result of the pandemic, the broad implementation of such laws across the continent has never been more urgent. Countries including Ghana, Kenya, Madagascar, Mauritius, Nigeria, Rwanda, […]

Ghana has the 9th highest rate for cryptocurrency ownership out of 27 countries

According to the latest Cryptocurrency Adoption Index, conducted by Finder.com, Ghana stands 9th among 26 other countries in terms of adopting cryptocurrency! The study was conducted among 27 countries, which says that Vietnam has the largest percentage of adults owning cryptocurrency – 29%. In the same list stands Ghana, with a percentage of 17% of […]

Africa is leapfrogging into the future of retail

The bi-annual Global Retail Development Index (GRDI), which is a study of the global retailing landscape has revealed Africa is poised to move away from traditional retail models and become the fastest-growing, richest, and most sophisticated market in the world. Prashaen Reddy, a partner at management consulting firm Kearney says that this is thanks to the […]

Beaufort Properties and CityBlue announce two apartment projects in Accra

Award winning Ghanaian Real Estate Developer Partners with Africa’s Fastest Growing Local Hotel Chain, CityBlue Beaufort Properties, one of Ghana’s most experienced residential developers, based in Accra, announced on 8 December a joint venture with CityBlue Hotels, Africa’s fastest growing local hotel chain, owned by The Diar Group. Under a long-term arrangement, the two companies […]

Ghana Emphasizes the Value of an Enabling Environment and the Role of Natural Gas at African Energy Week 2021 Pavilion

Hosted at African Energy Week 2021, the Ghana pavilion will drive a discussion on the value of Liquified Natural Gas as a power generation solution. The African Energy Chamber (AEC) is proud to announce that Ghana will be hosting a pavilion at African Energy Week (AEW) 2021 taking place in Cape Town on the 9th-12th […]

Implementation of cybersecurity and data protection law urgent across Africa

South Africa recently enacted cybersecurity law Darryl Bernstein, Partner and Head of Dispute Resolution, and Janet MacKenzie, Partner and Head of Technology, Media and Telecommunications,  Baker McKenzie Johannesburg The pandemic has driven home the high value of personal data to the global economy, while also highlighting its vulnerability to abuse and attack. In response, governments […]

Vertis Aviation adds Africa-based Challenger 604 to portfolio

Switzerland-based Vertis Aviation, is expanding its footprint in Africa with the addition of a Bombardier Challenger 604 to the Vertis Charter Management Programme, VCMP. This is the second aircraft to sign up to the VCMP in as many months and represents the first Challenger 604 that the Argus Certified Broker will exclusively market for charter. […]

N’Gunu Tiny on Why social entrepreneurship supports local communities throughout Africa

Transformative tech and social innovation expert N’Gunu Tiny talks about how social entrepreneurship helps communities in Africa. N’Gunu Tiny, Founder and Executive Chairman of the Emerald Group, is an expert in transformative tech and social innovation. His book Impacting Lives will be published in Fall 2021. Before the pandemic, Africa was surging ahead with local and national […]

Deal making slows across Africa but post-pandemic opportunities look interesting

Africa-regions. Source: Wikipedia

Deal making activity in sub-Saharan Africa (SSA) dropped in the second half of 2020 (H2 2020), when compared to the second half of 2019 (H2 2019) and year-on-year, deals were also down in both volume and value compared to 2019. As the continent gears up for post-pandemic recovery in 2021, the opportunities presented by free […]

African dealmaking decreases, the Africa’s Free Trade Agreement expected to boost recovery

Dealmaking activity in sub-Saharan Africa (SSA) dropped in the second half of 2020 (H2 2020), when compared to the second half of 2019 (H2 2019) and year-on-year, deals were also down in both volume and value when compared to 2019. According to Baker McKenzie’s analysis of Refinitiv data, M&A transactions dropped in SSA in H2 […]

Jumia launches Food Festival campaign to support local restaurants

Coming ahead of the World Food Day celebrations on Oct 16th, the month-long event will seek to showcase diversity of the Kenyan food industry & support a recovering industry impacted by COVID-19. Africa’s leading E-commerce platform Jumia has announced the launch of a Food Festival Campaign which will take place from 1st to 31st October. The campaign […]

How to Make Money from Real Estate

Skyline of Accra

The traditional reason for people to buy real estate was to have somewhere to live. Although this does still happen, of course, many more people are turning to property as a means to make money for their future, and living in that property once it is purchased is not going to bring them any income. […]

Broll Property Intel releases a COVID-19 Africa Report; an overview of the status-quo of the retail, office and industrial property market as at 30 June 2020. Commercial property e-auctions have revolutionised the commercial property market​

As African governments continue to grapple with the impacts created by the coronavirus pandemic, the need to emerge from this difficult period puts pressure on businesses and industries to strengthen their recovery and swing dismal GDP figures. Experiences vary, dependent on lockdown restrictions, which are aligned to the ever-changing number of casualties and recoveries of […]

Female Condoms Scarcity And Lack Of Use: Gender Inequality Or Lack Of Advocacy?

Female Condoms Scarcity And Lack Of Use: Gender Inequality Or Lack Of Advocacy?

According to the latest report of the World Economic Forum ( WEF, 2017),in the field of health and safety, women do not get enough knowledge about their options when it comes to sexual protections. While Africa and the world as a whole have seen progress towards gender equality, there is still a large gap and […]

Sidney and Bernice Clyman – African Art collection

There are many ways to collect ancient and historical pieces of art. One of the most famous ways to collect art pieces and show off your wealth is to go to an auction house. Auction houses not only have the most unique collection of items but it is also a place where an individual can […]

Exclusive Interview with NJ Ayuk

NJ Ayuk is the CEO of Centurion Law Group and the Executive Chairman of the African Energy Chamber.

NJ Ayuk is the CEO of Centurion Law Group and the Executive Chairman of the African Energy Chamber. His experience negotiating oil and gas deals has given him an expert’s grasp of Africa’s energy landscape. He is the author of few books and one of them named “Billions at Play: The Future of African Energy and […]

Africa is already a role model for gender diversity

From Olaedo Osoka, Head of Daystar Power in Accra, Ghana on the 8th Africa CEO Forum in Abidjan and on International Women’s Day. The 8th Africa Forum will take place on the 9th and 10th of March 2020 in Abidjan, Ivory Coast, immediately after International Women’s Day. The timing may be coincidental, but the topic of women is […]