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Category archives for: News

Launch of Planting for Export and Rural Dev’t: Coffee Federation Lauds Ghana’s President

Accra, Ghana, April 24, 2019//-The Coffee Federation of Ghana (CFG) has lauded the President Nana Addo Dankwa Akufo-Addo for taking the bold step to launch the Planting for Export and Rural Development (PERD), an initiative meant to further boost the revival of the country’s economic growth through the agricultural sector, especially, the production of cash […]

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Oil Hits 2019 High On Iran Sanctions

April 24, 2019//-Oil prices shot up to new highs for the year on this week after the U.S. announced that it would let waivers on Iran sanctions fully expire. In early trading on Tuesday, WTI topped $66 per barrel and Brent moved above $74. 

Short-term Pain for Long-term Gain: The New CEOs Dilemma

April 24, 2019//-Chief Executive Officers (CEOs) who pivot to a longer view of health and performance make the right moves for their companies, though it’s sometimes their successors who reap the rewards.

BoG Governor:  ‘Achieving Sustainable Exchange Rate: Our Options’

Accra, Ghana, April 24, 2019//-This topic is timely—coming at a time that we have successfully emerged out of a sudden bout of volatility in the exchange rate, which generated a lot of debate domestically and also externally.

Gemalto Shares to be Delisted from Two Exchanges

April 24, 2019//-Thales and Gemalto jointly announced that at their request, Euronext has confirmed that the ordinary shares in the capital of Gemalto will be delisted from Euronext Amsterdam and Euronext Paris effective on 29 May 2019.

Africa Women Innovation and Entrepreneurship Forum Awards 2019 Opens for Nominations

Cape Town, South Africa, April 24, 2019/ — The Africa Women Innovation and Entrepreneurship Forum (AWIEF) has opened for nominations for its 3rd edition of the AWIEF Awards.

World Bank Provides Over $200M to Help Increase Access to Electricity in West Africa, Sahel Region

Washington DC, USA, April 23, 2019— The Board of the World Bank Group approved the Regional Off-Grid Electrification Project (ROGEP), which includes $150 million in the form of credit and grant from the International Development Association (IDA) and $74.7 million contingent recovery grant from the Clean Technology Fund to help the West African Development Bank […]

Nigerian Universities Are Suffering from Neglect. Why This Should Stop

Nigeria’s education system is under funded. Shutterstock Isaac Adebayo Adeyemi, Nigerian Academy of Science April 23, 2019//-The level of funding of the education sector has been recognised as one of the major factors that contribute to quality education.

BoG Governor : Ghana’s Economy at the Mercy of Foreign Investors, Importers

Accra, Ghana, April 23, 2019//-Bank of Ghana (BoG) Governor Dr. Ernest Addison has expressed worry that the economy remains at the mercy of foreign investors and importers, whose actions trigger cyclical cedi depreciation.

ITFC signs Over $1.1bn High-Level Trade Deals

  Jeddah, Kingdom of Saudi Arabia, April 23, 2019/ — The International Islamic Trade Finance Corporation (ITFC), member of the Islamic Development Bank (IsDB) Group, has signed six major Trade Financing and Development Agreements worth in excess of $1.1 billion with Organisation of Islamic Cooperation (OIC) member countries.

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