Business
Moneygram Strengthens ties with gabon
DALLAS – MoneyGram International (NASDAQ: MGI), a provider of innovative money transfer services, recently hosted members of Banque Gabonaise de Developpement (BGD), a leading commercial bank headquartered in Gabon, Central
GE Provides $100,000 Grants to University of Ghana Students
Scholarship to cover full tuition for four-year degree Financial aid to needy students to augment the country’s human resource base One hundred students of the University of Ghana will have
Kweku Adoboli, the rogue trader who lost UBS £1.5 billion ($2.3 billion) in 2011, is out of prison.
BUSINESSINSIDER – According to the Financial Times, Adoboli only served around half his seven-year sentence, after he was released from Maidstone prison in Kent, England last week. Adoboli was convicted of
African Ministers Storm Norway For Energy Summit
The Ghanaian Chronicle – African Ministers of Energy from Ghana and Zambia are amongst the attendees at the Norway-Africa Energy Summit in Oslo, organized by Norfund and the Norwegian-African Business
Nigeria: Made-in-ABU Car Launched in Zaria
Daily Trust – The Ahmadu Bello University (ABU) at the weekend unveiled a car that was manufactured by the institution’s Department of Mechanical Engineering. While unveiling the car to journalists,
Ghana to Get Additional 3,665MW of Power in Five Years – President
President John Mahama has stated that an additional 3,665 megawatts (MW) of power would be injected into the national grid over the next five years. The President announced this today
Nigeria: Ghana 1000 Consortium and Shell Enter into Exclusive Negotiations for LNG Supply to the Ghana 1000 Power Project
LNG can potentially lower the cost of power in Ghana by up to 35 percent when compared to power generated from light crude oil. The ability to import LNG into
Gulf Companies Commit $19 Billion to West Africa Infrastructure Projects
ByMary Sophia – Gulf Business Abu Dhabi firm Trojan General Contracting committed investments worth $16 billion in various infrastructure projects in West Africa. Companies from across the Gulf have committed
Mozambique Seeks Pipeline Study for Decade’s Biggest Gas Finds
Mozambique said it seeks consultants to study building a pipeline that will link the largest natural-gas discoveries in a decade to destinations within its borders and in neighboring African nations.
Nigeria Plans Airline to Profit From $2 Billion Aviation Program
Bloomberg News – Nigeria is in talks with private investors to set up a national airline as it revamps it’s airport infrastructure and expands air capacity, Aviation Minister Osita Chidoka