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Tag: Business

Africa Business Ghana World 

Ghana’s President faces backlash over €170 mln loan facility

Elwin Mandowa, , , , , ,
– – Soon after coming into office for his first tenure as President of Ghana in 2017, Nana Akufo Addo announced his desire to see Africa and his country Ghana end the perennial quest for aid abroad to develop. He said that “It is time to pursue a path to prosperity and self-respect for our nation. A Ghana Beyond Aid… Read More
Africa Business World 

Malaysian startup Finology wins $500K funding from Seedstars

Elwin Mandowa, , , , , , ,
– – After almost a year-long virtual run, the Seedstars World Competition 2020/21 announced this year’s Global Winner, Malaysian FinTech startup Finology, a startup that enables seamless access to financial products via the use of proprietary technology and digital distribution channels. Finology will receive the grand prize of $500K in equity investment. Watch the Grand Finale replay here:  … Read More
Africa Business World 

Radar Payments to drive Vista Bank Group’s payment activities

Elwin Mandowa, , , , , ,
– – BPC is proud to announce that the Vista Bank Group (Vista) has selected its paytech provider Radar Payments to drive its global payment processing activities. Vista is a Pan-African financial services company, which aims to contribute to economic growth and financial inclusion across Africa. It has an ambitious agenda to challenge the status quo and deliver a superior… Read More
Africa Business World 

Two iconic women to help scale Africa’s best startup firms

Elwin Mandowa, , , ,
– – Telecel Group’s Africa Startup Initiative Program (ASIP) Accelerator powered by Startupbootcamp AfriTech today announced the creation of an industry advisory board to attract highly-regarded executives with a passion for supporting African startups. The founding members of the board are two accomplished female leaders who bring 55 years of combined experience – Eleanor Azar and Dale Mathias have been appointed as Director and… Read More
Africa Business China Ghana West Africa World 

Ghana panics after China begins exporting cocoa beans

Elwin Mandowa, , , , , , ,
– – Some Ghanaians are panicking over reports of the Chinese entry into the cocoa industry. The Chinese Academy of Tropical Agricultural Sciences recently reported that the Chinese island of Hainan has exported cocoa beans to Belgium. The first consignment of 500 kg of cocoa beans amounted to some $3,600. Ghana’s COCOBOD, the agency that handles issues related to cocoa farming and… Read More
Africa Business Ghana West Africa World 

Ghanaians sign petition to stop government from borrowing

Elwin Mandowa, , , , , , , ,
– – Ghanaians have been signing an online petition that seeks to stop their government from taking loans from European Fund managers. The petition which was started by a renowned economist and businessman, Dr. Kofi Amoah said “Ghana is presently overburdened with loans.” Ghana’s Debt Load is akin to “We are the World” moment when MichaelJackson with top musicians composed… Read More
Africa Business Ghana West Africa World 

Hyundai, KIA to set up assembly plants in Ghana by 2022

Elwin Mandowa, , , , , , , ,
– – Global carmakers, Hyundai and KIA are to set up their assembly plants in Ghana by the end of 2022, according to government officials. Ghana’s minister for trade, Alan Kyerematen said when these firms set up, they would be joining firms like “Toyota-Suzuki, Nissan, Kantanka, Volkswagen & Sinotruck” that are already operating in the country. “The Ghana Auto Development… Read More
Africa Business Ghana West Africa World 

Mechanical Lloyd Plc delists from Ghana Stock Exchange

Elwin Mandowa, , , , , , ,
– – Mechanical Lloyd Plc has announced the company’s delisting from the Ghana Stock Exchange. The offer results and delisting was approved by the Ghana Stock Exchange and took effect last Friday, 16 April 2021. The shares of Mechanical Lloyd Plc will no longer be traded on the stock exchange after successfully delisting. So far about three firms namely PZ… Read More
Africa Business Ghana Nigeria News and Headlines West Africa World 

Twitter office in Ghana sparks anger among Nigerians

Elwin Mandowa, , , , , , , , ,
– – Some Nigerians have not been happy with the decision to pick Ghana as host of the Africa headquarters of social media giant Twitter. Making the announcement on Monday, the US based social media company cited Ghana’s role as a champion for democracy, a supporter of free speech and online freedom, and the Open Internet, of which Twitter is also… Read More
Africa Business Ghana West Africa World 

Why Twitter picked Ghana as its head quarters in Africa

Elwin Mandowa, , , , , , , ,
– – Social media giant, Twitter has announced that Ghana will host its Africa head quarters. The company’s co-founder Jack Dorsey made the announcement on Twitter on Monday. In a statement the company said “in line with our growth strategy, we’re excited to announce that we are now actively building a team in Ghana. To truly serve the public conversation,… Read More
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