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Ghana: Akufo-Addo lauds BoG’s response to ‘weak’ UT, Capital banks

President Nana Addo Dankwa Akufo-Addo has praised the Bank of Ghana for “decisively”  withdrawing the license of two severely distressed Ghanaian-owned banks. The President said the central bank has “demonstrated [the] preparedness” to act in a responsible manner, key to a sanitised and functioning banking sector. He was speaking at …

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Ghana: Search NSS embarks on nationwide capacity buidling

The Deputy Executive Director of National Service Scheme Dr Gifty Oware-Aboagye, on Wednesday 16th August launched a two-day capacity building workshop for prospective National Service Personnel (NSPs) in the Central Regional capital. The nationwide workshop which has so far been conducted in 5 regions helps train the Prospective Service Personnel …

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Ghana: Gov’t to inaugurate Ghana International Trade Commission

The government is to inaugurate the Ghana International Trade Commission (GITC) to check unfair trade practices in the country. The Vice President, Dr. Mahamudu Bawumia disclosed this at the closing ceremony of the National Policy Summit held in Accra. Held under the theme “The Transformation Agenda of Ghana,” the two-day …

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AFRICA FASHION WEEK LONDON BRINGS COLOR, AFRICAN CULTURE TO THE RUNWAY

African designers from all over the continent are in London this weekend for a stunning showcase of their designs. Africa Fashion Week London features two days of runway shows and exhibitions from new and emerging designers who are inspired by the rich culture of Africaand incorporate this heritage into their designs. Europe’s largest African-inspired fashion event …

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Nigeria: Nigeria leads rest of Africa in e-commerce opportunity

On the basis of its high business environment opportunity potential, Nigeria is in pole position to take advantage of the Africa region’s e-commerce potential projected to reach $50 – $75 billion within the next 5-10 years, according to latest research by the Economist Intelligence Unit (EIU). The report which relied …

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Ghana: MTN pays over GHS25m interest to mobile money subscribers

MTN Ghana has made payments of over GHS25million in interest to about 7.8 million Mobile Money customers for the first half of 2017. The GHS25million comprises GHS13.6million paid in May for quarter one and GHS11.5million paid in August for quarter two this year. MTN made the payment in collaboration with …

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Airbus BizLab launches aerospace business accelerator in East Africa

Airbus BizLab has launched the #Africa4Future initiative, targeting East African startups that are innovating for the future applicable to the aerospace business. The Airbus BizLab is a global aerospace accelerator bringing together start-ups and Airbus’ own entrepreneurs to transform innovative ideas into valuable businesses more quickly by combining scale and …

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