Ghana’s total export to Italy in 2013 amounted to $751 million dominated by petroleum oils, cocoa beans and tuna, Dr Ekwow Spio-Garbrah, Minister of Trade and Industry has said. He said while the country ran a large trade deficit with Italy from 2000 to 2010, the trend reversed in 2011 with Ghana reporting a significant […]
The European Union through its lending institution, the European Investment Bank (EIB), has provided 10 million Euros to UniBank Ghana to support private businesses across the country. The EIB’s new lending agreement with UniBank Ghana is the third scheme to support investment in the country under an 80 million Euros credit facility launched in 2013 […]
Young Ghanaians in the UK have been urged to take advantage of the Ghana Angel Investor Network (GAIN), a group that invests in developing businesses with potential for significant growth and higher return on investment. GAIN falls within the ambit of the Venture Capital Trust Fund that was established in 2004 by the government to […]
Twenty six African states including Ghana are working towards the removal of trade barriers for a single trade zone for the continent by 2016. A final meeting to approve the Africa Free Trade Zone (AFTZ) treaty is scheduled for June, after which citizens of member states would travel and trade without visa. Mr Ahmed Haggag, […]
The United States Ambassador to Ghana, Gene A. Cretz, on behalf of the United States, has welcomed the decision of the Government of Ghana to pursue private sector participation through a concession of ECG. The Ambassador’s response followed an announcement by Deputy Minister of Power John Abdulai Jinapor who noted during the April 30th Millennium […]
The World Bank and International Monetary Fund (IMF) have both announced a $1.1 billion debt relief for Chad. According to the religious debt relief organization, Jubilee USA Network, the money comes through the IMF and World Bank’s two major debt relief programmes: the Heavily Indebted Poor Country Initiative (HIPC) and the Multilateral Debt Relief Initiative […]
Ending Ebola before the rainy season is imperative, says Peter Jan Graaff, New Acting Head of United Nations Mission for Ebola Emergency Response (UNMEER). A statement issued by UNMEER and copied to the Ghana News Agency on Monday said Graaff, in his first week in office, affirmed his commitment to stopping the Ebola outbreak in […]
The European Union says it is optimistic of resuming its budget support to the Government of Ghana following the adoption of the IMF’s three year extended credit facility programme. Mr William Hanna, the Head of the European Union Delegation in Ghana, said a sound implementation of the programme was important, in order to restore macro-economic […]
Dr Sherif Amin Elkhoraiby, Chairman, Common Market for Eastern and Southern Africa (COMESA), Sunday challenged Africans to follow the Chinese example of patriotism and complete dedication to nation building. He said Africans must place love for their countries first and not tribal and religious beliefs as China did some decades ago to have a voice […]
Mr. David Gilmour Deputy Assistant Secretary of the United State Department, Bureau of African Affairs, has declared that America would impose visa sanctions on African leaders and individuals who participated in violence against their civilian population. Mr Gilmour made the declaration when he briefed journalists from 10 African countries currently on a tour to the […]
