The Africa Center for Entrepreneurship and Youth Empowerment (ACEYE), a policy think tank, has issued a call for significant reforms in the entrepreneurial ecosystem following the release of its 2024 Regional Entrepreneurship Freedom Index report. The report, highlights the Savannah Region as a moderately free and relatively supportive environment for business and entrepreneurial activities. The…
The highly anticipated ‘This is Ghana Exhibition’ 2024 is set to take place from Saturday, August 31, to Sunday, September 1, 2024. The event promises an exciting display of Ghana’s rich culture, innovation, and entrepreneurial spirit. Organized by Citi FM and Channel One TV, the exhibition will feature over 300 exhibitors from diverse sectors, including…
Fidelity Bank, Ghana’s largest privately-owned indigenous bank, has concluded its inaugural GreenTech Innovation Challenge (GTIC) 2024 with an outstanding impact, awarding over GHS 1.4 million in grants to groundbreaking businesses that address key challenges in the agriculture sector using technology. Launched earlier this year in partnership with Innohub, the GTIC aimed to empower young entrepreneurs…
By Buertey Francis BORYOR The United Nations University-Institute for Natural Resources in Africa (UNU-INRA), through its Innovate for Clean Agricultural Technologies (INFoCAT) initiative, has commenced a 2-day capacity-building workshop for agriculture technology (AgriTech) innovators in Ghana. The workshop – which is an integral part of the selection process for the INFoCAT Innovation Challenge – is…
Professional Services firm, PriceWaterhouseCoopers (PWC) is forecasting a longer period for banks to fully transition into the digital space. According to PWC, it will take more than five years for such an adoption. The firm believes that many customers in the country are still coming to terms with the shift and prefer to physically interact…
The Minister for Finance, Dr. Mohammed Amin Adam, has announced the release of GH₵700 million to customers whose funds have been locked up in various fund management companies. This amount represents the first tranche of a GH₵1.5 billion allocation, as outlined in the 2024 mid-year budget review, which is aimed at providing relief to individuals…
The Bank of Ghana (BoG) has clarified allegations regarding the movement of uncirculated banknotes received on behalf of the Central Bank of Liberia. Samuel Okudzeto Ablakwa, MP for North Tongu, had alleged that the BoG received uncirculated banknotes on behalf of the Central Bank of Liberia. However, in a statement dated August 28, 2024, the…
United Bank for Africa (UBA) Ghana has been announced as the winner of the Most Sustainable Bank of the Year 2024 category by the Global Business Magazine Awards. This prestigious recognition underscores UBA Ghana’s unwavering commitment to excellence in environmental, social, and governance (ESG) practices, reinforcing its position as a leader in sustainable banking. “We…
Dr Mohammed Amin Adam has disclosed that the International Monetary Fund (IMF) Executive Board will consider Ghana’s third review for approval by the end of December this year. He said this would enable the Board to immediately disburse the fourth tranche of $ 360 million bringing the total disbursements to $1.92 billion. Dr Adam said…
The Managing Director of the Electricity Company of Ghana (ECG), Samuel Dubik Mahama, has vehemently dismissed claims that the Power Distribution Service’s (PDS) revenue collection performance surpassed that of ECG. He described such comparisons as “intellectual dishonesty,” arguing that individuals are unfairly equating PDS’s revenue mobilization efforts with those of ECG. In an interview with…
