Browsing: Technology

The USD 200 million injection is intended to stimulate the growth of Small and Medium Enterprises (SMEs) in critical sectors of the economy, foster job creation, innovation, and sustainable development.

The new instrument offers the opportunity to lend at least US$4 for every US$1 equivalent of SDRs, through the African Development Bank and, the Inter-American Development Bank, and other Multilateral Development Banks, to finance development.

Africa has an abundance of climate resources, but lacks the capacity to access and absorb funds to manage them.

The 2024 edition of the Awards spotlights infrastructure, sustainability, and gender equality. A total of 59 institutions and individuals have passed first round judging and are in the running for the Awards – the highlight of Africa’s banking calendar. 

This assertion is stemmed from the current downward trajectory of the Ghana cedi and the cyclical election-year trends, where governments loose control of the economy.

AgriTech Challenge Pro was introduced by KIC to provide young people with entrepreneurial skills within the agricultural sector.

Nana Nyampong highlighted the urgent need for intervention, urging local chiefs to educate their communities about the perilous consequences of such practices.

The report by Future of Trade acknowledges that PAPSS holds immense potential to transform intra-African trade by streamlining payments, reducing costs, and boosting efficiency, achieving widespread adoption across the continent requires overcoming several challenges.

This shows a significant jump in the economic activities when compared to the GH¢614.33 billion recorded in 2022. 

The E-levy charge covers mobile money payments, bank transfers, merchant payments, and inward remittances (Ghana Revenue Authority, 2022).