Ghana reached an agreement with the International Monetary Fund (IMF) on Wednesday for a three-year aid deal worth around $1 billion aimed at restoring fiscal stability to the country, a source close to the talks told Reuters.
Category: Investing
Gov’t Dares IEA To Proof Presidency Corruption Claim
The government has thrown a challenge to the Institute of Economic Affairs (IEA) to provide credible proof of corruption at the Office of the President.
IEA: Ghana Scores 2/17 In Performance Index
Out of 17 key social and economic issues affecting the country, the government is said to be performing creditably well in only two of them.
Louis Berger Grabs Multimillion Project
The Sub-Saharan Regional Pipeline Corporation, Ltd. (SSRPC) recently selected Louis Berger to provide $7.6 million in consultancy services for the rehabilitation of National Road N303 in Mozambique.
Benin: BOAD Raises Million Dollars For Cotton Purchase
For the third consecutive year, the West African Development Bank (BOAD) in its capacity as Arranger, is raising funds to support the cotton season in Benin.
Sogato CEO Appointed Professor @ Tufts University’s Fletcher School
Kingsley Chiedu Moghalu, Founder and Chief Executive Officer of Sogato Strategies LLC and former Deputy Governor of the Central Bank of Nigeria, has been appointed a professor at Tufts University’s Fletcher School of Law and Diplomacy in Boston, Massachusetts.
IMF Team Arrives In Ghana For Final Bailout Talks
A four-member International Monetary Fund (IMF) team is in Ghana today to help finalize a bailout program for the Ghanaian government.
Accra To Benefit From $125M Global Road Safety Initiative
Bloomberg Philanthropies has selected Accra to participate in a new phase of the foundation’s Global Road Safety Initiative, which aims to reduce fatalities and injuries from road traffic crashes worldwide.
Economist: Finalize IMF deal Or Cedi Will Suffer
The Head of the Finance Department of the University of Ghana Business School is warning that any delay in finalizing a bailout program with the International Monetary Fund (IMF) could result in the depreciation of the cedi.
Alfa Lava Expands To West Africa, Opens Office In Ghana
Alfa Laval, a leading global provider of specialized products and engineering solutions based on its key technologies of heat transfer, separation and fluid handling has opened a permanent sales office in Ghana.