The Ghana Investment Promotion Center (GIPC) says it will soon publish details of its review of criteria and requirements for foreigners who wish to invest in the country. Currently foreign investors...
World Bank Country Director Henry Kerali has confirmed the International Monetary Fund (IMF) is in discussions with Ghana over extension of the Fund program. This confirms earlier reports by...
The Ministry of Finance is hopeful that a US$2.6 million Remittance Grant Facility (RGF) secured from the Switzerland government will help bring down the cost of remitting money to the country from...
Government is seeking to reduce the cost of remittances to Ghana by at least forty percent within the next three years. This will represent a third of the average cost of remitting money to Ghana...
The World Bank’s International Development Association (IDA) has committed US$1.2 billion to support Ghana’s economy over the next three years. The allocation, which will span July 2017 to June...
International Finance Corporation (IFC), the private lending arm of the World Bank Group, has dragged indigenous Ghanaian company Quantum Oil Terminals Limited to a London High Court to restrain the...
Despite having a 31.7 per cent decline in Foreign Direct Investment (FDI) projects in 2016, with weak economic growth in recent years, Ghana, West Africa’s second largest economy remains a key FDI...
Ghanaians all over the world continue to send money back home to families and friends Ghanaians all over the world continue to send money back home to families and friends for specific reasons. These...
The Bank of Ghana (BoG) has formally responded to queries raised by the Public Accounts Committee (PAC) of Parliament regarding the $41 million bauxite export which was said to have not been captured...
The quest to attract more Foreign Direct Investment (FDIs) into the economy has brought up the need for the country to build a strong capacity in negotiating contracts that will protect the local...
Sub- Saharan countries facing threats of famine in the near future could heave a sigh of relief as the World Bank commits 1.6 billion dollars to avert the crisis. This comes on the back of a record...
Sub- Saharan countries facing threats of famine in the near future could heave a sigh of relief as the World Bank commits 1.6 billion dollars to avert the crisis. This comes on the back of a record...
Ghana will benefit from 2.2 billion dollars from the World Bank for next three 3 years according to the Country Director for World Bank, Henry Kerali. Mr. Kerali, who made this revelation at the...
Private universities and schools are mushrooming across Africa Private universities and schools are mushrooming across Africa, as parents increasingly seek a quality education for their children...
The IFC, a member of the World Bank Group, has called on the government to improve the business environment in the country to promote growth. According to the IFC, achieving the projected GDP growth...
The Vice President, Mahamudu Bawumia says Ghana wants to become the most business friendly country in Africa. Speaking during a high level dialogue on opportunities for business reform in Ghana in...
The Chairman of the Economic Management Team, Vice President Dr. Mahamudu Bawumia, and the Finance Minister Ken Ofori-Atta are leading a Government delegation to the IMF/World Bank Spring Meetings to...
In its 70-year history, the International Monetary Fund has been no stranger to financial crises and policy disputes but now faces a new challenge: a US administration fundamentally opposed to some...
The Chairman of the Economic Management Team, Vice President Dr. Mahamudu Bawumia, and the Finance Minister Ken Ofori-Atta are leading a Government delegation to the IMF/World Bank Spring Meetings to...
The 2017 world Bank/IMF spring meetings are currently ongoing in the United States capital of Washington DC. The event scheduled from April 18 to April 23 is expected to host thousands of people from...
