News Headlines

Ghana to Host Third German African Business Summit

Ghana will host the Third German-African Business Summit (GABS) from Monday, February 11 to Wednesday, February 13 in Accra, to provide a platform for Small and Medium Scale Enterprises in Africa and Germany to explore business opportunities.

The GABS is Germany’s signature business event in Africa, where top business and government leaders from Germany and Sub-Saharan Africa meet every two years to discuss and promote economic relations between Europe’s largest economy and the fastest-growing region in the world.

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Renault Plans to Establish Assembly Plant in Ghana

French multinational automobile manufacturer, Renault, Monday said it is considering the establishment of an assembly plant in Ghana.This brings to four, the number of vehicle manufacturers intending to put up assembly plants in Ghana.

German auto giant, Volkswagen, Japan's Nissan and China's Sinotruk hope to establish assembly plants in the country.

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Government Unveils 70 Million-Dollar Turbines for Bridge Power Project  

Government, in collaboration with the Hungary Government, on Monday unveiled a 70 million-dollar General Electric (GE) turbines built in Hungary for the first stage of the 400-megawatt bridge power project in Tema.

The Bridge Power is being developed by the Early Power Limited Consortium, made up of Sage, a Ghanaian energy firm, Endeavor Energy, a leading independent power development and generation company focused on Africa, and General Power, the world energy leader.

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Ghana Tunisia Deepen Trade Relations

Ghana and Tunisia have pledged to deepen trade relations and increase business partnership between the two countries for their mutual benefit.

The commitment came at the maiden edition of the Ghana-Tunisia Economic Forum, which also served as a platform for Tunisian companies and their Ghanaian partners to explore opportunities in both countries.

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Ghana Poised For Significant Transformation — President Akufo-Addo

President Nana Addo Dankwa Akufo-Addo has welcomed the inclusion and participation of Japanese investment in Ghana to help boost Ghana’s significant transformational and developmental agenda.

He said the government had, over the last 23 months, strengthened the Ghanaian macro economy and also brought back discipline in the management of public finances, even though it was under the aegis of an International Monetary Fund (IMF) extended credit facility.

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