Telecom firm MTN Ghana is to receive over $100 million worth of fresh capital to grow the business. It follows the signing of a landmark loan syndicated agreement with nine commercial banks in the Ghana on Thursday. The transaction which was oversubscribed is being led by Ecobank Ghana.
The nine Banks are Ecobank, Barclays Bank, Societie Generale, Stanbic Bank, Fidelity Bank, GCB Bank, Zenith Bank Standard Chartered Bank GT Bank. This is the second time MTN is raising such funds after a similar one in 2012 which saw the telecom firm raising 300 million Dollars. Chief Financial Officer and Acting CEO of MTN Ghana Modupe Kadri is hopeful the loan will support MTN’s worki
At least 13 students of a school in Ghana’s second capital city, Kumasi have been killed by the deadly atypical bacterial which is a respiratory infectious disease.
27 year old Enoch Yeboah traveled from Ghana to Libya in 2013 hoping to cross over to Europe for greener pasture. His dream prior to traveling became a mirage when things went bad on this journey to Libya.
Over the mature tenure of my forty-one years of existence, I have become ever more convinced that Ghana’s dream of becoming a beacon of democracy and development must necessarily hinge on freeing up the competitive business spirits of its citizens. To do so, there are features of this nation’s idiosyncrasies that must be toppled.
Ghana has announced plans to renew its fight against Female Genital Mutilation, FGM by reviewing current strategies and rolling out effective measures.
Ghana’s Finance minister, Ken Ofori-Atta has told the country’s parliament that the government would be focusing on job creation in 2018 during his budget statement presentation.
Two of Ghana’s leading telecommunication companies, Airtel Ghana and Tigo have announced a new brand name AirtelTigo after completing a merger process.
