Ghana Archives - AfricaBusiness.com

15Oct

By Africa BusinessNo Comments

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...

11Jun

By Africa BusinessNo Comments

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...

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

28Jul

By Africa BusinessNo Comments

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 ...

Invest In Ghana: Discover Some Top Reasons To Invest In Ghana’s Brown Gold- Cocoa

29Apr

By Africa BusinessNo Comments

Business, Ghana News, Main

Invest In Ghana: Discover Some Top Reasons To Invest In Ghana’s Brown Gold- Cocoa

Ghana, known for its abundant natural resources and friendly people, is also the world's second largest producer of cocoa. This cash crop has been a driver for economic growth for decades, and its importance has remained steadfast in the midst of globalization. The impact of cocoa production in Ghana has been evident throughout the country and has provided much-needed employment opportunities. The industry has also been a great source of revenue for the government, enabling them to invest in public services and support development in the nation. Clearly, the cocoa industry has been and still is a critical aspect of Ghana's society and economy. The cocoa value chain is extensive spanning farming to processing and manufacturing of cocoa and chocolate products. While cocoa serves as a fund...

Invest Africa: 6 Reasons To Choose Ghana

22Feb

By Africa BusinessNo Comments

African News, Events, Ghana News

Invest Africa: 6 Reasons To Choose Ghana

As the world gradually emerges from the ruins of the recent economic recession, the search continues for the next hotspot for global commerce. Emerging markets in Africa, Latin America, and the Middle East are being viewed as possible new engines of economic growth. Amid the hot debates and ponderings, the case for Africa has grown stronger than ever, as it keeps exhibiting strong indications for a significant takeoff soon. Not only is Africa the second-largest continent in terms of area and population, but it also has a wealth of untapped natural resources, enormous potential for sustainable agriculture, and, as of recently, the Africa Continental Free Trade Area (AfCFTA), which has created the largest free market in the world. With the ongoing economic revival in Africa, Ghana has esta...

6Jan

By Africa BusinessNo Comments

Egypt News, Ghana News, Main, Morocco News, South Africa News

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 explosive growth of young, urban, and digitally savvy consumers; increasing mobile phone penetration; the creation of digital payment and shopping networks; favorable governmental regulations and spending initiatives; and significant investment by both foreign and domestic companies. In the most stable times, retailers expanding their global footprint face a series of difficult decisions. Yet in the wake of COVID-19, together, these f...

19Dec

By Africa BusinessNo Comments

Ghana News, Real Estate

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 will build and operate two apartment buildings in premium locations in Accra. Pinewood Residences by CityBlue, will be a 30-unit development, in Airport Residential, Accra and Trinity Residences by CityBlue, will be a 25-unit development, in East Legon, Accra. Both properties, which are scheduled to open in Q4 of 2023, will be a combination of aparthotel and serviced apartments. Pinewood Residences by CityBlue...

12Nov

By Africa BusinessNo Comments

Fintech, Startups

Failing To Win

A new book from Burnet Media, Cape Town will inspire and guide the next generation of African entrepreneurs. Failing To Win by Mike Quinn is the authentic story of a uniquely African startup at the forefront of the continent’s fintech revolution. Inspired to become the “M-Pesa of southern Africa” after Kenya’s pioneering mobile money innovation, Zoona secured tens of millions of dollars in international investment and grew to serve two-million customers in Zambia, Malawi and Mozambique while processing $2.5-billion in transactions. This is an ideal read for anyone doing business or investing in Africa, and in particular for purpose-driven entrepreneurs and impact or venture capital investors. ABOUT THE BOOK In 2009, Canadian entrepreneur Mike Quinn packed his backpack and moved to Lu...

15Jul

By Africa BusinessNo Comments

African News, Energy, Events, Ghana News

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 of November 2021. Led by Hon. Dr. Matthew Opoku Prempeh, Ghana’s Minister of Energy, as well as a delegation of industry leaders including Dr. K. K. Sarpong, CEO of the Ghana National Petroleum Corporation, the pavilion represents a new exhibition format that emphasizes specific market opportunities and will showcase Ghana’s existing energy developments, upcoming projects, and lucrative investment opportunities. Specifically, Ghana’s pavilion will highlight the value of Liquifi...

8Jun

By Baker McKenzieNo Comments

Ghana News, South Africa News, Tech

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 around the world have been reviewing their data privacy and protection laws and regulations, including in South Africa. Global cybersecurity firm Kaspersky recently noted that cyberattacks are set to rise in African countries, especially in the key financial centres of South Africa, Kenya and Nigeria. The cybersecurity firm noted that rapidly evolving digital techniques had led to an increased risk of Advan...