Tag Archives: Ghana

Donors Welcome the African Development Fund (ADF-12) Implementation


The Mid-Term Review of the African Development Fund (ADF-12) implementation concluded in Praia, Cape Verde on September 14 with donors and stakeholders encouraging the African Development Bank (AfDB) (http://www.afdb.org) to continue working to achieve results in its development projects and institutional reforms. The meeting was officially opened on September 13 by Cape Verde’s Finance and Planning Minister, Cristina Duarte, and …

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Energy Edge Ships First Atmospheric Water Generator to Ghana


Energy Edge Technologies Corp (OTC: EEDG) has announced the launch of its multi-pronged “Africa Initiative” with the shipment of its first Atmospheric Water Generator (AWG) directly to the Armed Forces of Ghana. The initial shipment was executed under EEDG’s Partnership/Profit Sharing Agreement with Drinkable Air, a leader in pure water generation from humidity in the air we breathe. (www.drinkable-air.com) Given …

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Tigo and Reach for Change to Boost Social Entrepreneurship in Africa


The most entrepreneurial candidates will be invited to join a three year incubator program. Millicom International Cellular S.A. (“Millicom”) (Stockholmsbörsen: MIC) (http://www.millicom.com), operating under the Tigo brand, and non-profit organization Reach for Change are joining forces to improve the lives of children in Africa through social entrepreneurship. Throughout 2012, a joint program to identify and support social entrepreneurs with innovative …

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Inspiring Ghanaian polio survivors pioneer extreme sports combination of skating and soccer


Award-winning South African filmmakers crowd-source funding via Kickstarter for the documentary Skate soccer won’t be featured at this month’s Paralympics, but a new documentary aims to raise the profile of the bruising new sport. Rollaball will tell the story of The Rolling Rockets, an inspiring team of Ghanaian polio survivors who are pioneering an extreme sport combination of skating and …

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Forum Promotes Diaspora Engagement in Socio-Economic Development of Ghana

Ghana flag map

A forum bringing together representatives from the government, diaspora associations, the private sector and civil society opens today in the Ghanaian capital, Accra. The three-day event aims to find ways to further foster diaspora engagement in the socio-economic development of Ghana through productive investments and much needed transfers of skills and knowledge. The forum is part of a one-year project …

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AfDB approves USD 60 million loan for expansion of Takoradi II thermal power plant in Ghana

Image: Wikimedia

The Board of Directors of the African Development Bank (AfDB) (http://www.afdb.org) Group, through its private sector window, approved on Wednesday, 11 July 2012 in Tunis, a senior loan of USD 60 million for the expansion of the Takoradi II thermal power plant expansion. This expansion aims at improving electricity supply and energy security in Ghana. Ghana’s economy has experienced tremendous …

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IMF Executive Board Completes Sixth and Seventh Reviews Under the Extended Credit Facility Arrangement for Ghana and Approves US$178.74 Million Disbursement


The Executive Board of the International Monetary Fund (IMF) today completed the sixth and seventh reviews of Ghana’s performance under the program supported by the Extended Credit facility (ECF). In completing the reviews, the Executive Board approved waivers for nonobservance of three performance criteria: the net change in domestic arrears for end-December 2011, the fiscal balance target for end-March 2012, …

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Ghana Signs Tax Cooperation Agreement


Ghana has signed the Convention on Mutual Administrative Assistance in Tax Matters, a multilateral agreement developed jointly by the Council of Europe and the OECD. Ghana is the second African country, after South Africa, to sign the Convention since it was opened for signature to all countries in June 2011. The Convention is the most comprehensive multilateral instrument available for …

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Switzerland promoting sustainable growth in Ghana

Image: Wikimedia

On 27.06.2012, the Federal Council decided to grant Ghana CHF 30 million in general budget support for the years 2012-2014 to help the West African country to implement its growth strategy and fight poverty. Moreover, it will help to strengthen the resilience of the economy in times of crisis. Ghana has a remarkable political and economic track record. The country …

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Ghana: Accra to Host PATTEC National Coordinators’ Meeting

African Union Logo

Within the framework of the Pan African Tsetse and Trypanosomiasis Eradication Campaign (PATTEC), the 10th PATTEC National Coordinators’ meeting is scheduled to place from 13 – 15 June 2012 in the Grand Mensvic Hotel, Accra, and Republic Ghana. Organised by the PATTEC Coordination Unit of the African Union Commission (AUC) in collaboration with the African Development Bank (AfDB) and the …

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