Browsing: Ghana

• Nissan has opened a new state-of-the-art Navara assembly plant in Ghana
• This marks the second Nissan assembly plant after the Nissan plant in Rosslyn, South Africa
• Ghana imports over 100,000 vehicles yearly; 90 per cent of these are used vehicles, with an estimated value of US$1.14 billion annually

Nissan and Japan Motors have grown a keen interest in the automotive industry in countries among the largest economies in Africa.

The president of Ghana, Nana Addo Danquah Akufo-Addo, officially opened the brand-new state-of-the-art Nissan Navara assembly plant in Tema, Accra, on March 31, 2022.

This marks the second Nissan assembly plant after the Nissan plant in Rosslyn, South Africa.

Ghana and Nissan started their partnership together in 2018 when the latter became the first mover in the West African country to sign an MoU with the state to work towards creating the Ghana Automotive Development Policy.

Read: Faze Banks Net Worth …

There are twenty-two irrigations projects under GIDA, covering 6,505 hectares. Additionally, there are twenty-two schemes constructed under the Small Scale Irrigation Development Project (SSIDP) and six schemes under the (Small Farms Irrigation Project) SFIP.

The SSIDP and the SFIP projects are all less than 1,000 hectares in size, except for the Tono and Kpong Irrigation Projects, which have about 2,500 hectares and are overdeveloped.

The primary beneficiaries of the irrigation projects have been indigenous small-scale farmers. However, the outputs have not been very encouraging, and the lack of maintenance of the projects has rendered most of the schemes unproductive.

Moreover, 14 companies have been enlisted and have taken up more than 3,000 hectares of land to cultivate commercial farming operations.…

Thomas James, Agritech West Africa’s project director, said that the rising demand for food and the targeted food growth in Ghana and West Africa requires innovation and mechanization in agriculture patterns. This could be done by adopting new and modern agriculture technologies, machines, crop care practices, irrigation, warehousing and storage facilities.

Ghana has invested heavily in mechanisation in agriculture, importing Tractors, Spares, Implements, Agrochemicals and Irrigation setups worth US$1 billion. Annually, Ghana imports over 10,000 tractors and their associated implements and parts.

The seminars, pre-fixed meetings and conferences in the exhibition will help Ghanaian and West African agriculture-based companies an opportunity to network with manufacturers and suppliers from across the globe.…

There were more than 3,000 delegates that participated in the conference this year, boosting trade and investment ties between the continent and the UK.

The UK government is also mobilizing support from the United Kingdom Export Finance (UKEF) to boost exports to Africa. Prime minister Boris Johnson’s administration, provided support worth US$3.04 billion in 2021.

In West Africa, the support has been directed towards a range of significant infrastructural projects, construction of major roads, environmental and social work, medical services and technological equipment.…

The Vienna World Conference on Human Rights in 1993 was forced to address women’s rights as a human rights issues because of the violence and sexual abuse against women occurring in Yugoslavia at the time.

The Fourth International Women’s Conference was held in Beijing in 1995 made human rights and women’s participation in decision making at all levels key. One of the recommendations was for the countries to have gender desks in the Ministries, Departments and Agencies including Security Services. It cautioned against the specific establishment of Women’s Ministries as these would take gender issues to the periphery as that ministry would be saddled with all matters gender-related.

The conference also discussed the eradication of poverty, women in armed conflict and violence against women.…

Norrsken22 plans on capitalizing on its general partners’ years of experience and investment philosophies to back startups in fintech, MedTech, Edtech, and market-enabling solutions such as B2B marketplaces and inventory management businesses.

Kolbe, whose previous firm Actis backed Egyptian fintech giant Fawry in 2019 as it prepared to go public, said Norrsken would look at Egypt ‘opportunistically.’ 

Deals from the country that may be of interest to the firm will be those planning an expansion into the four markets Norrsken22 is currently keen on, including Nigeria, Ghana, Kenya and South Africa.…

The programme will facilitate access to the Royal Academy’s global network of experienced, high-profile and business experts, in addition to access to the alumni network upon completion of the programme.

Moreover, 2022 is the programme’s second consecutive year to render a digital experience, with rigorous support provided through person-to-person and group discussions.

Four finalists will pitch their revised and improved innovations and business plans to the judges in the presence of a live audience.…

The main objective of the bloc is to promote economic interdependence and cooperation among member states to raise the living standards and encourage economic development.

Exportation in Mali is already feeling the pressure of the political instability in the country. Exports reduced from CFA552.39 billion in the first quarter of 2021 to CFA495.87 billion in the second quarter.

Mali lists among the poorest nations in the world. According to the 2021 Index of Economic Freedom, absence of property protection rights and a transparent and honest judicial system, and the higher degree of corruption tolerance makes it impossible to achieve greater economic freedom in the country.…

Whether Nigeria and Ghana will abandon their digital currencies and jump on the Eco train is an unclear narrative, but it appears unlikely because of the significant investments put into them and the optimism by the governments to embrace digital transformations.

Nigeria had banned cryptocurrency transactions in February last year which increased the popularity of the eNaira as an alternative for cross-border trade and remittance inflows.

eNaira critics say that the solutions being offered by the digital currency are already existing in online banking and bank card transactions.…

Tanzania hopes to plant an ambitious 1.5 million cashew nut trees annually across some 535,000 acres of land in a new revitalized effort to grow output and increase revenue from the protein-rich nut.

Tanzania is already one of Africa’s largest cashew growers coming third after Nigeria and Ivory Coast. It is the world’s eighth biggest producer and if all goes to plan, the country wants to move up the ranks.

In a recent press communiqué, the Cashew nut Board of Tanzania (CBT) released projections that show that Tanzania would produce one million tonnes of the nuts in the 2023/24 harvest season.

The plan is a multiple-year scheme that would see the country increase output year after year as follows; 600,000 tonnes for the 2021/22 farming season, 800,000 tonnes were to be produced in the 2022/23 farming season and the 1 million mark would be met in the following farming season.…