Ethiopia Attracts 65 New Foreign Investors in 3 Months of Current Fiscal Year
Addis Ababa: The Ethiopian Investment Commission reviewed its first quarter of 2017 FY work performance report in the presence of top management and its employees.
The commission issued 108 new investment licenses in the stated period. Of the total …
Ethiopia Advancing towards Equitable Use of Transboundary Groundwater Resources
Addis Ababa: Ethiopia is taking significant strides toward sustainable water management as the Ministry of Water and Energy revealed plans to conduct comprehensive studies on the equitable use of transboundary groundwater resources.
The initiative co…
Ethiopia’s Finance Minister Discusses with representatives from IFC, MIGA
Addis Ababa: Ethiopia’s Finance Minister, Ahmed Shide, met with representatives from the International Finance Corporation and the Multilateral Investment Guarantee Agency (MIGA) on the sidelines of the 2024 World Bank and IMF Annual Meetings.
The hi…
Eleventh Forum on Statistical Development in Africa kicks off in Addis Ababa
Addis Ababa: The eleventh Forum on Statistical Development in Africa (FASDev) kicked off today in Addis Ababa under the theme: “Strengthening the Mobilization of Technical and Financial Resources to Support Innovation in Statistical Development in Af…
Bank of Ghana Governor amplifies Africa’s fiscal policy support from IMF, World Bank
Dr Ernest Addison, the Governor of the Bank of Ghana (BoG), has called for increased support for reforms by the International Monetary Fund (IMF) and the World Bank Group (WBG) to meet Africa’s need for resilient fiscal policies.
That should go hand-…
IMF revises Ghana’s 2024 GDP to 4 per cent
The International Monetary Fund (IMF), has revised Ghana’s 2024 Gross Domestic Product (GDP) growth from 3.1 per cent to four per cent.
The Fund explained that the revision reflected current data on the Ghanaian economy, as the projected 3.1 per cent…
Spain announces early pound 400m to IDA
Spain has announced an early financial commitment of pound 400 million to the World Bank’s fund for low-income countries, International Development Association (IDA).
The increase compared to the previous IDA replenishment cycle, brings Spain’s total…
Promasidor Ghana announces leadership change
As part of a strategic plan to strengthen its operations and drive robust growth across the ECOWAS region, the Promasidor Group, has appointed its current Chief Executive Officer (CEO) of Ghana, Mr Festus Tettey as the CEO of ECOWAS, excluding Nigeria…
Republic Bank PLC appoints new external auditors
Republic Bank (Ghana) PLC has appointed EY as the new external auditors of the Bank, effective 2024 financial year in accordance with regulatory requirements.
The appointment of EY follows a thorough selection process and reflects the Bank’s commitme…
CWG Ghana, partners introduce AI-based reconciliation tool
Mr Oluwaseun Layade, Head of Project Management and Corporate Development, CWG Ghana Limited, says organisations are relying on the capabilities of technology to achieve their objectives in today’s environment.
He said as a technology-focused organis…