Africa News Bulletin

Ghana

Ghana Leads African Nations in IMF Debt Rankings

Ghana Leads African Nations in Debt Owed to IMF, records 35.55% Increase. Ghana has solidified its position as Africa’s most indebted nation to the International Monetary Fund (IMF), according to data from the IMF’s Quarterly Finances for July-ending 2023. Over the specified time frame, Ghana’s debt to the IMF saw a significant increase of 35.55%. …

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Ghana: Turaco Acquires MicroEnsure To Expand Into West African Country

Kenyan tech-enabled insurance company Turaco has announced the acquisition of microinsurance company MicroEnsure Ghana to make the West African country its fourth market. Launched in 2019, Turaco uses technology to increase access to affordable insurance with a seamless and customer-centric approach. Its B2B2C business model leverages partnerships with tech-enabled, mass-market companies such as telcos, banks, …

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Ghana: Fidelity Partners DBG, FAGE, Eco.Business DF To Boost Export Trade In The Country

Fidelity Bank, Ghana’s largest privately-owned indigenous Bank, in conjunction with the eco.business Development Facility, Development Bank Ghana (DBG) and the Federation of Associations of Ghanaian Exporters (FAGE) have unveiled an ambitious and far-reaching export value proposition targeted at Ghanaian export-oriented businesses. The partnership seeks to boost export trade for Ghanaian enterprises within the agricultural and …

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Ghana: $1.75m Fund For Nuclear Reactor Regional Training Hub For The Country

Ghana is to benefit from a $1.75 mil­lion support fund towards establishing the country as a Small Modular Nucle­ar Reactor (SMR) regional training hub and centre of excellence for the sub-Saharan African region. The support focuses on Ghana’s nuclear workforce development, including the provision of an SMR control room simulator, univer­sity partnerships, and academic exchanges …

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Ghana: King Promise Wins ‘Best Male West Africa’ At The 2023 AFRIMMAs

Ghanaian musician, King Promise has been adjudged “Best Male West Africa” at the 2023 edition of the African Muzik Magazine Awards (AFRIMMA). The grand event took place on Sunday, September 17, at the magnificent Meyerson Symphony Center in Dallas, Texas. Celebrities ‘I’m going to have them all arrested’ – Bullet threatens to take on doom …

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CAF Calls Refrees From Ghana, Mali And other African Countries, With None From Nigeria

The Confederation of African Football, CAF, has snubbed Nigerian referees for the 2023 Africa Cup of Nations making it 15 years without producing a referee at the continental showpiece. Instead, in the shortlist released on Tuesday by the Confederation, it chose referees from Mali, Burkina Faso, Sao Tome and Principe, Ghana, Egypt and other countries …

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Ghana: The State Petroleum Corporation (GNPC) CEO wins African Industry Leadership Award in Oil and Gas

The Chief Executive Officer (CEO) of the Ghana National Petroleum Corporation (GNPC), Opoku-Ahweneeh Danquah, has been adjudged the winner of the Oil and Gas Industry Leadership Award for the year 2023 at the just-ended fourth edition of the Africa Public Sector Conference and Awards (APSCA 2023). The award ceremony was held on Friday, September 8, …

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Ghana: Bayport Savings And Loans Re-Enters Capital Market With Ghc50m Bond Issuance

In its quest to strengthen customer support, Bayport Savings and Loans PLC has resumed capital market activity with a Ghc50m bond issuance. This was revealed when the company took its turn at the Ghana Stock Exchange’s Facts Behind the Figures session on Wednesday, 6th September, 2023. This also comes on the back of Bayport Savings …

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Ghana: We’ll Tap Your Expertise In technology – Dr Bawumia To Colombian Counterpart

The Vice-President, Dr Mahamudu Bawumia, has said that the country will learn from the expertise of Colombia in the application of digital technology. He said digital technology could be used to help the vulnerable and the poor, and also accelerate the development of the country. Colombia has one of the fastest growing information technology industries …

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