Africa Financial Services 

Ghana Cocoa Board, African Development Bank and financial partners celebrate first $200 million disbursement of loan to boost cocoa productivity in Ghana

Ghana Cocoa Board (COCOBOD) and lenders have welcomed the first disbursement of $200 million of a syndicated loan facility to boost cocoa productivity in the world’s second-largest producer. The occasion was marked by a ceremony held in Accra, Ghana on Tuesday 23 June, followed online by hundreds of observers across the globe. In attendance were COCOBOD and government representatives and participating lenders, which included development finance institutions: the African Development Bank (https://www.AfDB.org/), the Japan International Cooperation Agency (JICA), the Development Bank of Southern Africa and Cassa Depositi e Prestiti Spa.…

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Advertising Africa 

Nigeria summons Ghana’s high commissioner over demolished property

The Nigerian government on Monday summoned the Ghanaian High Commissioner in Nigeria, Iva Denoo, over the demolition of a section of the Nigerian embassy in Accra, Ghana. Nigeria’s Minister of Foreign Affairs, Geoffrey Onyeama, in a Twitter post, said he had actually asked the Ghanaian official to give an “urgent description” on the recent attacks on Nigeria’s diplomatic house and the staff in Accra. “Summoned the Chargè d’ Affaires of the High Commission of #Ghana to Nigeria, Ms Iva Denoo to require immediate explanation on the current attacks on a…

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Africa Covid19 

Ghana Covid-19 Private Sector Fund launches #10GhanaChallenge to raise funds for infectious disease isolation and treatment facility

The Ghana Covid-19 Private Sector Fund has launched a crowdfunding initiative to raise money to complete its flagship project, the infectious disease isolation and treatment facility at the Ga East Hospital in Accra. Work on the facility began in mid-April after President Akufo Addo used video conferencing facilities to superintend a ceremony to break ground for work to start. Eight weeks later, the project is nearing completion, having drawn financial support from various private and public sector organisations and high net worth individuals. With a few weeks to the official…

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Africa Covid19 

Ghana’s Minister for Health tests positive for Coronavirus

The Minister for Health, Kwaku Agyeman Manu is recovering in hospital after testing positive for COVID-19. The Minister has been receiving treatment at the University of Ghana Medical Centre in Accra over the past week. Multiple sources in the medical team at the hospital who confirmed the information say the Dormaa Central MP was admitted to the hospital on Tuesday and is “in a stable condition”. According to the health ministry with a corroborative story indicates Mr. Agyeman Manu has taken “a few days off from work” and has not…

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