Africa Business World 

Africa is championing the flexible work space revolution

The African workforce is mushrooming, and by 2035, its numbers will have increased by more than the rest of the world’s regions combined. According to World Bank analysts, this expanded working-age population could lead to a growth in GDP of up to 15 per cent – equivalent to doubling the current rate of growth in the region. The World Economic… Read More
Africa Business Ghana West Africa World 

Ghana suspends $580 Million power agreement with PDS

The government of Ghana has suspended a concession agreement it signed with the Power Distribution Services (PDS). Ghana’s power distributor, the Electricity Company was taken over by the Philippines Meralco Consortium. The takeover by the consortium known as Power Distribution Services, PDS Ghana Ltd took effect in March this year. The PDS Ghana Ltd was expected to take charge of… Read More
Africa Business Ghana West Africa World 

Ghana: Security guard of mining firm Newmont found dead

A security guard working with Newmont Goldcorp Ghana has been found dead in the company’s Ahafo mine property. Local media Joy FM reported that the guard was found dead on Friday, July 26 after a confrontation with illegal artisanal miners. The confrontation occurred on Thursday July, 25. The media publication didn’t mention the name of the deceased but other security… Read More
Africa Business Ghana West Africa World 

Ghana spends over $1 billion on electricity subsidies?

Ghana’s government is reportedly spending over $ 1 billion on electricity subsidies. According to a close associate of the country’s President, the government is spending excessively just to keep “lights on.” Power consumers in Ghana continue to get frustrated by power outages despite a new consortium taking over it’s power distributor. Power Distribution Services, PDS Ghana Ltd under Philippines Meralco… Read More
Africa Business East Africa World 

Tanzania is building fourth largest hydro dam in Africa

Tanzania is starting the process of building the fourth largest hydro dam in Africa and the ninth largest in the world. Tanzanian President John Magufuli is to lay the foundation stone for the construction of Stiegler’s Gorge hydroelectric power project. The project according to government officials will cost $3 billion. The 2,115 megawatts hydroelectric dam when completed will produce 5,920GWh… Read More
Africa Business Ghana World 

Meet the top Ghanaian Media Business owners

Known as the 4th estate of government, the Ghanaian media landscape has over the past two decades evolved not only as an avenue for engaging citizens but a lucrative business sector that has produced some successful entrepreneurs and business leaders in Ghana. Even though we cannot evaluate the financial value of the industry in Ghana, Price Water-Coopers in 2017 valued… Read More
Africa Business Ghana West Africa World 

Xoom or WorldRemit: Finding the best money transfer service for Ghana

The Best Remittance Provider for Africa? Funding personal businesses from abroad and sending money to relatives and friends living in Africa has become a valuable endeavor to individuals living abroad. Fortunately, technological advancement across the globe has made international money remittance swift and efficient. Today, you can send money from USA or Canada in a matter of minutes, through online… Read More
Africa Business Featured Ghana West Africa World 

SFAN’s SEWAfrica event gives hope to young Africans

Hundreds of young Africans have gathered in Accra for the first-ever Student Entrepreneurship Week Pan-Africa SEWAfrica event in Ghana’s capital Accra. The participants are beaming with hope for the future as they continue to engage with potential investors. The event opened on Monday at the Ecobank Head Office in Accra. It is being put together by the Stars From All… Read More
Africa Business World 

Do trade wars affect the prices of digital currencies?

It is no secret that cryptocurrency prices can be volatile. Those of us who have taken the step to sign up with the likes of Luno to acquire a bitcoin wallet and get in on the action have seen prices soar and then come back down to earth just as quick. The reasons for these rapid increase in Bitcoin’s value… Read More

As Rwanda Piles Up Yet More Debt, Paul Kagame Is Still Not Telling Full Truth to Investors

By Bosco Mutarambirwa, MBA Due to understandable fear that his dictatorial regime is coming to an end, Paul Kagame is rapidly mortgaging the country to ensure that he’s not the only loser. He wants to force the people of Rwanda to support his ill-conceived plans, or else risk losing their lifetime savings in case the regime collapses. The highly publicized… Read More
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