Ghana Business News — Ghana’s Premier Business News Portal
WEBAfrica’s mounting debt crisis and the need for reform in the global financial architecture. Aug 8, 2024 0. Africa’s debt stocks have grown significantly in the past decade. Understandably, African governments took advantage of historically low interest rates in the 2010s and borrowed heavily from international capital markets and China.
Ghana government provides GH¢100m grant for startups and …
WEBOn Dec 1, 2023. Dr. Bawumia. The government, through the Ghana Jobs and Skills Project (GJSP) and the Ghana Economic Transformation Project (GETP), has given grant support totaling GH¢100 million to startups and Micro, Small, Medium Enterprises (MSMEs) in 2023. The disbursement of the grant support to over 30,000 beneficiaries was implemented ...
Ghana gets $103m AfDB grant to grow SMEs
WEB2 Jun 2024 · Ghana has secured a $103 million need-based funding from the African Development Bank (AfDB) to support Small and Medium Enterprises (SMEs), with a focus on agriculture and digitalisation. The grant, provided by the Bank’s concessional funding body – African Development Fund, would support the implementation of projects as well …
World Bank approves $300m loan for Ghana’s economy
WEB23 Jan 2024 · The World Bank today approved a $300 million Development Policy Operation for the country. In a press statement copied to Ghana Business News, the Bank said: “The First Resilient Recovery Development Policy Financing is a critical contribution by the Bank’s International Development Association (IDA) to help Ghana’s economic …
New World Bank report says Ghana has opportunity to speed …
WEB24 Nov 2021 · The report highlights four main pillars for accelerating economic transformation and improving jobs outcomes: To create jobs, Ghana will need to drive sectoral transformation through the movement of workers into higher productivity firms and sectors and spatial transformation through trade, urbanization, and connectivity.
NBSSI is now Ghana Enterprises Agency - Ghana Business News
WEB7 Jun 2021 · The Ghana Enterprises Agency Act, 2020 (Act 1043), was passed by Parliament in November 2020 and assented to by President Nana Addo Dankwa Akufo-Addo in December, 2020. The Act repealed the National Board for Small-Scale Industries Act 434, (Act 1981). Ms Yankey-Ayeh said the NBSSI’s annual budget had increased …
Ghana government values economy at GH¢1 trillion in 2024
WEBOn Nov 17, 2023. Ken Ofori-Atta – Finance Minister. The government is projecting the value of Ghana’s economy at over GH¢1 trillion in 2024, with a pledge to protect “at all cost the foundation for sustained economic expansion, achieved through the sweat and patience of the Ghanaian people.”. Mr Ken Ofori-Atta, Finance Minister, said ...
Ghana introduces beneficial ownership regime for company registration
WEB30 Mar 2021 · The Registrar-General’s Department (RGD) has introduced the Beneficial Ownership (BO) Transparency Regime as part of the Company Registration processes under the Companies Act 2019 (Act 992). A statement signed by Mrs Jemima M. Oware, the Registrar-General, and copied to the Ghana News Agency, said one of the purposes …
Ghanaians assured of massive economic transformation in 2024
WEB28 Dec 2023 · Mercy Asante – Board Chairperson of Emmanuel Co-operative Credit Union. Mrs Mercy Asante, the Board Chairperson of Emmanuel Co-operative Credit Union, says Ghanaians should expect massive economic prospects and business development that will transform lives from next year.
Ghana launches $750m Development Bank - Ghana Business News
WEBOn Jun 15, 2022 Last updated Jun 15, 2022. President Nana Addo Dankwa Akufo-Addo Tuesday formally unveiled the Development Bank Ghana (DBG) to meet the demand for credit for the growth of Small and Medium Enterprises (SMEs). The DBG will concentrate on economic transformation, particularly industrialization and value-addition in agriculture ...