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  • Synergy Capital’s second fund in line for IFC commitment

    Content Types: ArticleRegions & Countries: GhanaLiberia...Industries: Banking & Finance
    West-Africa focused private equity investor Synergy Capital is in line for a capital commitment for its second fund from the IFC. The development finance institution is mulling a $20 million commitment to the generalist fund, which is targeting $250 million for opportunities in Nigeria, Ghana, Liberia and Sierra Leone.
  • Ghana Cocoa Board begins probe into utilisation of $1.8 billion loan

    Content Types: ArticleRegions & Countries: GhanaIndustries: Agribusiness
    Chief Executive Officer of Ghana Cocoa Board (Cocobod), Mr Joseph Boahen Aidoo, says the government is investigating how an amount of $1.8 billion dollars secured for the 2016/17 cocoa purchases was utilised.
  • Usawa VC backs Ghanaian fintech company Logiciel

    Content Types: ArticleRegions & Countries: GhanaIndustries: Banking & Finance
    For its first investment, Usawa Venture Capital is backing Logiciel, a Ghanaian fintech company, in an undisclosed equity deal. Michel Kabanga will be representing the investor on Logiciel’s board.
  • SHS solar power project to cost $420 million

    Content Types: ArticleRegions & Countries: GhanaIndustries: Clean EnergyPower/Utilities...
    It would cost government more than US$420 million to roll out solar power generation in all second cycle schools across the country.
  • Drone company UAV Industries raises $499,000 in funding

    Content Types: ArticleRegions & Countries: GhanaIndustries: Logistics & Transportation
    Meridian Port Services (MPS) has awarded the second largest contract in the ongoing Port Expansion for Land and Civil works worth $120 million.
  • Asoko Sector Brief – Ghana Insurance Industry Q4 2017

    Content Types: ArticleRegions & Countries: GhanaIndustries: Insurance
    Ghana’s insurance industry has been gradually undergoing a facelift over the last twelve months with new entrants, assets changing hands and the spectre of a revised minimum capital requirement hanging over insurers.
  • Avnash earmarks $100 million for One District, One Factory policy (Ghana)

    Content Types: ArticleRegions & Countries: GhanaIndustries: ManufacturingAgribusiness
    Mr. Jai Mirchandani, Chief Executive Officer of Avnash Industries Ghana Limited – the country’s most formidable agro-industrial processing company, has said it is ready to invest over US$100million into government’s One District, One Factory (1D, 1F) policy to ensure its success.
  • Ghanaian companies invited to cross-list on Toronto Stock Exchange

    Content Types: ArticleRegions & Countries: CanadaGhanaIndustries: Minerals & ResourcesClean Energy...
    A high-powered business delegation representing Ghana – led by the High Commissioner to Canada, E. Ayikoi Otoo, and CEO of the Ghana Investment Promotion Centre, Yofi Grant – rang the closing bell on the US$2.2trillion Toronto Stock Exchange (TSX) on Tuesday, October 17, 2017.
  • Cocobod in talks with Exim Bank China for $500 million loan (Ghana)

    Content Types: ArticleRegions & Countries: ChinaGhanaIndustries: Banking & FinanceAgribusiness
    Ghana’s Cocoa Board (Cocobod) is currently in talks with Exim Bank China to secure a $500 million loan,Reuters reported citing two senior officials who asked not to be named.
  • Ghana’s borrowings from capital market to reach $16 billion by December

    Content Types: ArticleRegions & Countries: GhanaIndustries: Banking & Finance
    Government borrowings for the year would reach ¢72 billion by December, a release of the calendar covering the country’s borrowings through treasury bills and bonds for the last quarter of this year.

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