When some of the most well-known faces from the African diaspora arrived for a recent vacation in Accra, Ghana, it looked like just another gathering of famous people. Actors including Idris Elba rubbed shoulders with supermodel Naomi Campbell, TV sports presenter Mike Hill, and author Luvvie Ajayi. Behind this meet-up of box office stars, fashion …
Month: February 2019
NAIROBI (Thomson Reuters Foundation) – African nations such as Somalia may be perceived as conflict-ridden and risky for business but “fragile states” can be an untapped opportunity for social enterprises that are flexible and think out-of-the-box, said industry experts. The Organization for Economic Cooperation and Development (OECD) lists 58 countries as “fragile states” – most …
The International Monetary Fund (IMF) has set March ending as the date for its Executive Board to carry out its final review of Ghana’s programme before approving of its exit. A pass would lead to the successful conclusion of the program on April 3 2019 This was after the Fund’s staff mission to Ghana completed discussions with government which could be described …
Ghana’s inflation reached its lowest in five years for the month of January. Inflation rate dropped to 9 percent, from the 9.4 percent recorded in December 2018. The rate of 9.0% is the lowest since January 2013. The drop was largely consistent with the inflation trend recorded in January for the last 5 years. The …
The Managing Director of Fidelity Bank, Mr. Julian Opuni, has suggested the need for Africa to develop and implement a strategy on technology, which will positively impact development of the continent. “Africa must implement a continental strategy with regards to technology which will help drive collaboration, transfer of technology and ideas to impact on the …
British model and businesswoman, Naomi Campbell has expressed interest to lead a group of investors into the country to scout for business opportunities. This follows a recent discussion between the model and the Ghana Investment Promotion Centre, GIPC during the World Economic Forum in Davos. According to the Chief Executive Officer of the GIPC, Yofi …
Ghana has signed a memorandum of understanding with the Federal Republic of Germany to establish the German-Ghanaian Business Council. The establishment of this council will facilitate the exchange of information and views on economic cooperation, trade and investment. It will promote industrial cooperation on Small and Medium scale enterprises and also collaborate on matters of …
Some stakeholders in the financial sector have stressed the need for the newly formed Fiscal Council to operate independently without being influenced by government. The comments were shared at a roundtable workshop in Accra, on the theme “The Suitable Model of Fiscal Council for Ghana: Learning from Best Practices”. The workshop which was facilitated by …
Cybercrime is on the increase across Africa, but so are initiatives designed to fight it. From awareness-raising among professionals to the enactment of new laws, African Business examines the measures being taken to combat the hackers. The phishing attempts happen frequently. A text message purporting to be from a major mobile payment firm will …
The Ghana Investment Promotion Centre (GIPC) has called on the American Business Association including the National Black Association (NBA) to explore and partner Ghanaian businesses to promote their own investments in the country. According to GIPC, the African-American community alone spends $1.3 trillion annually on investments and businesses in various parts of the world with …