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AfDB to support Ghanaian women in agribusiness

The African Development Bank (AfDB) is to offer Ghana a $20-million loan facility to support women entrepreneurs in agriculture and agribusiness in the country. The fund will be channelled through the Ghana Incentive-based Risk-sharing System for Agricultural Lending (GIRSAL), which leverages lending to people in agriculture and agribusiness through a …

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Oracle’s global startup program will support 500 startups in Ghana

The Oracle Global Startup Ecosystem and the Government of Ghana have announced the Ghana-Oracle Digital Enterprise Program, a new collaborative effort to support technology-enabled startups and entrepreneurs across Ghana. The Oracle Global Startup Ecosystem, Oracle’s program for entrepreneurs and innovators worldwide, has committed to support 500 local startups through access …

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Gov’t begins moves to issue US$ 3bn in bonds

Government on January 13, 2018 through the Ministry of Finance initiated processes for the issuance of US$ 3 billion in sovereign bonds on the International Capital Market (ICM) under its 2019 international funding programme. The process began with the request for written proposals from reputable domestic financial institutions and investment …

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Moody’s lauds banking sector reforms

International rating agency Moody’s has lauded the Bank of Ghana (BoG) for carrying out much-needed banking sector reforms within the specified time. “The recapitalisation exercise’s completion within the planned timeframe shows BoG’s willingness to strictly enforce prudential regulations. Improved supervision quality and corporate governance will gradually boost confidence in the …

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Fixed income investments outperform equities in 2018

As trading on Ghana’s financial markets winds down as the end of year festivities commence, equity investors are looking at their counterparts who invested primarily in fixed income securities in 2018 with envious eyes. This is because, fixed income securities, comprising government treasury bills, notes and bonds, as well as …

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