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Africa Business News

Ghana Tender and Business News

African Financial Fund Receives $10M Investment from AfDB

The Africa Financial Sector Deepening Fund, a financial instrument designed to strengthen the capital base of local financial institutions and stimulate Africa's corporate bond market, just received a US $10 million investment from the African Development Bank.

Sgs Selects REDAVIA for Renewable Energy Project in Ghana

SGS, a company headquartered in Geneva which provides inspection, verification, testing and certification services, has been selected by REDAVIA, a solar energy equipment supplier in Munich, to implement its first renewable energy project in Ghana.

Standard Chartered Bank and CDC Group Sign MOU to Increase Africa and ASIA SME Financing

Standard Chartered Bank of the United Kingdom has signed a memorandum of understanding with CDC Group, the UK's development finance institution, for a supply chain finance program which will increase financing for SME suppliers in Africa and South Asia. The first countries to benefit from this scheme are expected to be Nigeria, Uganda, Ghana and Kenya.

Ghana to Review Long-Term LPG Plans at May Conference

One of the major highlights of the upcoming Argus West Africa LPG Conference and Exhibition will be a presentation by His Excellency Dr. Mohammed Amin Adam, Deputy Minister (Petroleum), Ghana, and Alhassan Tampuli, Chief Executive Officer, National Petroleum Authority (NPA) as they unveil the future LPG strategy for the country.

Malawi Becomes Member of the African Finance Corporation

The African Finance Corporation, a Nigeria-based multilateral institution focusing on African infrastructure investments, just announced that the Republic of Malawi has joined AFC as only the second Southern African member country.

ABCF Distributes 50 Free Bamboo Bikes in Rural Ghana

The African Bicycle Contribution Foundation (ABCF), a nonprofit corporation based in Pennsylvania, announced the distribution of an Additional 50 Free Bamboo Bikes in Ghana's Ejisu, Ashanti Region, and in Kumbungu School District, Northern Region.

Commonwealth Africa Summit 2018 To Be Held in London

The United Kingdom announced that it will hosting its annual Commonwealth Africa Summit in London on 12-14 March 2018 to unlock Africa’s economic potential by increasing trade, collaboration and philanthropy within the commonwealth.

AfDB To Advance Africa's GDP By 130 Percent By 2025

The African Development Bank (AfDB) has announced its plans to up Africa's industrial Gross Domestic Product (GDP) by 130 percent by 2025 driving the continent's overall GDP from $2.3 trillion to $5.6 trillion.

IATA Launches Single African Air Transport Market Push

As a part of the African Union (AU) initiative, the International Air Transport Association (IATA) has announced the launching of the Single African Air Transport Market (SAATM) with the goal of opening up Africa's skies and improving intra-African air connectivity.

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