Ghana-based, Float, focused on helping businesses manage cashflow, has acquired Accounteer, a Nigerian cloud-based accounting company. The deal, which follows Float’s $17 million equity and debt seed funding raised eight …
Category:
Ghana
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AfricaAFRICA NEWSBanking, Finance & InvestmentBusinessFinance & ServicesGhanaNewsTechnologyWestern Africa
E-cedi will not affect MoMo business, says Bank Of Ghana
The Bank of Ghana has assured that its quest to implement the digital currency, also known as the e-cedi, will not disrupt or collapse the mobile money (MoMo) system. According …
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AfricaAFRICA NEWSAgricultureBusinessFood ProductionGhanaNewsOil & GasWestern Africa
Bank Of Ghana forecasts supply deficit for cocoa market in 2021/22 crop season
The Bank of Ghana is forecasting a supply deficit for the cocoa market in the ongoing 2021/22 season with cocoa prices forecast to average about $2,450 in 2022, before increasing …
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AfricaAFRICA NEWSAgricultureBusinessFood ProductionGhanaNewsWestern Africa
MEDA, GSA partner to launch Code of Practice for Ghana’s cashew industry
The Mennonite Economic Development Associates (MEDA) which is implementing the Farmers’ Economic Advancement Through Seedlings (FEATS) Project has developed a Code of Practice for Cashew Planting Material Production in collaboration …
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AfricaAFRICA NEWSBusinessGhanaInsuranceNewsWestern Africa
Coronation Insurance Ghana launches marine insurance e-portal for importers
Coronation Insurance Ghana Ltd, a leading insurance company offering diverse range of services covering general and special risk businesses, has launched a special electronic portal to facilitate the purchase of …
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AfricaAFRICA NEWSBanking, Finance & InvestmentBusinessEconomyGhanaNewsWestern Africa
Bank of Ghana buys gold in cedis
A roadmap has been developed for the implementation of the Bank of Ghana Gold Purchase Programme. Consequently, the Economic Management Team, the Bank of Ghana, Ministry of Lands and Natural …
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AfricaAFRICA NEWSBusiness and EconomyGhanaNewsWestern Africa
Fitch downgrades Ghana to ‘CCC’ days after poor S&P grading
Fitch, a global rating agency, has downgraded Ghana’s Long-Term Foreign-Currency (LTFC) Issuer Default Rating (IDR) to ‘CCC’ from ‘B-‘. The downgrade, it said, reflected the deterioration of Ghana’s public finances, …
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AfricaAFRICA NEWSBanking, Finance & InvestmentBusinessEconomyGhanaNewsWestern Africa
Standard Bank slashes Ghana’s growth rate to 3.1 per cent in 2022
Standard Bank, Africa’s biggest lender, has slashed Ghana’s growth rate forecast for 2022 to 3.1 per cent, from the earlier 6.2 per cent. It has also lowered its 2023 Gross …
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AfricaAFRICA NEWSBusiness and EconomyGhanaNewsWestern Africa
Ghana’s inflation rises to 31.7% in July
Inflation in Ghana accelerated at a faster pace than expected in July as a slump in the value of the cedi raised the cost of imported goods like cooking oil …
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AngloGold Ashanti Limited, a global gold mining company has reported a solid performance for the first-half of 2022, with production three per cent higher year-on-year, an increase in total cash …