Sunday, December 22, 2024
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Fred Dzakpata

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Fred Dzakpata is a Ghanaian journalist who specializes in business reporting in Africa.

Multilateral banks to deepen collaboration with private sector

Leaders of the top multilateral development banks (MDBs) have agreed to deepen their collaboration to encourage private sector investment in vital infrastructure needed to...

IFC Dialogue Highlights Prospects for Improved Business Environment in Ghana

IFC, a member of the World Bank Group on Monday hosted a high level dialogue on opportunities for ambitious reforms of the business environment...

AfDB authorizes probe into Sendou Coal Fired power plant

The Board of Directors of the African Development Bank Group (AfDB) has approved the eligibility assessment for compliance review of the Bank-financed construction of a 125 MW Coal Sendou Power Plant Project in the village of Bargny Minam in Senegal. By approving the project, the Board has also authorized that Independent Review Mechanism experts carry out further investigations to clarify issues raised in the complaints by two groups of complainants on behalf of adversely affected members of the communities in Bargny, Senega

Dangote makes profit after four years of losses

Dangote Flour Mills has posted a profit before tax of N11.82 billion for its financial year ended December 31, 2016. According to the results...

Ghanaian appointed Senior Vice President of AfDB

A Ghanaian, Charles Owusu Boamah has been appointed the Senior Vice President of the African Development Bank (AfDB). Mr. Boamah has worked with the Bank...

Ghana gets special courts to deal with illegal mining

The fight against illegal small scale mining in Ghana has been intensified with a major support from the country’s judiciary. Ghana's Chief Justice Georgina Theodora...

South Africa’s political crisis hinders Barclays’ exit from continent

Barclays’ plan to sell its African business and pull out of the continent are being hindered by South Africa’s political upheaval and credit-rating downgrades,...

Ghana wants British Airways to upgrade its service

Ghana's President  Nana Addo Dankwa Akufo-Addo, has urged British Airways, one of the world’s leading airlines, to upgrade the quality of the services it...

Six Things to Know About Somalia’s Economy

Somalia faces numerous challenges on its quest for peace, stability, and economic prosperity. The recent drought and famine will test the country’s resilience to...

Quantum Oil Terminals Limited sues IFC and the OPEC

Quantum Oil Terminals Limited has sued International Finance Corporation (IFC) and the OPEC Fund for International Development for damages totaling $41.3million ($41,319,123) as damages for alleged breach of contract.

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