The African Energy Chamber (AEC) has announced that the Minister of Energy, Ghana Hon. Dr Matthew Opoku Prempeh, will participate in the Invest in African Energy event scheduled for 30 March at the Ritz-Carlton in Dubai. Aimed at unlocking next-generation energy sector growth for Africa through improved cooperation on investment and industry know-how between United
World bank trust fund pays Ghana $4,862,280 for reducing 972,456 tons of carbon from deforestation and forest degradation. Ghana becomes the second country in Africa after Mozambique to receive payments from the world bank trust fund for carbon emission from deforestation and forest degradation. World Bank Country Director for Ghana, Liberia, and Sierra Leone, Pierre
The Ghana-based Jetstream Africa, an e-logistics platform for Africa’s exporters and importers, has raised US$13 million in a combination of debt and equity financing to help it expand. Jetstream Africa is an e-logistics company founded in Tema, Ghana and operating across 14 African countries. Its core product, pre-financed logistics, enables businesses to rapidly book and
Online purchases in Ghana have experienced continuous growth over the last few years. This development has been facilitated by several factors, such as the nationwide provision and accessibility of internet and payment services. As of 2022, the penetration rate of the e-commerce market in Ghana stood at 27.41 percent. This share increased from nearly 12
Ghana has been downgraded deeper into junk territory by Moody’s Investors Service on the likelihood that private creditors will incur steep losses during the government’s planned debt restructuring. The country’s credit rating was slashed by two levels to Ca, the second-lowest score at Moody’s, according to a Tuesday statement. That puts Ghana on par with
Prudential has announced the appointment of Emmanuel Mokobi Aryee as the new chief executive officer for Africa to oversee the operations of Prudential in its eight African markets. The appointment, seeks to centralise Prudential’s operations in Africa as well as strengthen and grow the business in markets where it currently operates. Commenting on the appointment,
DigiExt, an agricultural technology company has launched its tissue manufacturing company. According to a co-founder, Isaac Osei, his outfit seeks to add value to the agriculture sector, hence setting up a tissue manufacturing company to convert agric waste into a household necessity. “This is the scale-up of our tissue manufacturing line of business from a
Fast and convenient grocery delivery app NokNok has launched in Ghana to allow customers to order fresh and hygienic stock of grocery items and have them delivered to their doorsteps within minutes. The platform operates an inventory that highlights products’ availability in real-time for customers to order from the nearest store for processing and delivery.
EcoFlow, a portable power, and renewable energy solutions company will soon introduce its industry-defining portable power stations, smart solar technology, and the world’s first portable home battery with an expandable ecosystem in key West African markets. Since 2017, EcoFlow has provided portable power stations, home backup power, and eco-friendly off-grid solutions in over 100 markets
A tech consultant, Kobby Spiky Nkrumah has described data as the new currency for the music business. According to him, musicians and their management need to understand their data to enable them to use it effectively. He lamented, “The creative industry in Ghana isn’t leveraging the plethora of digital opportunities available.” He was speaking at
