Browsing: President Nana Addo Dankwa Akufo-Addo

President of Ghana opens Nissan's Navara assembly plant in Accra.
  • 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.

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Ghana hosts largest agricultural exhibition.

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.…

President Nana Akufo-Addo

The President of the Republic of Ghana, Nana Addo Dankwa Akufo-Addo, has stated that for Africa to be able to transform herself, and become the epitome of economic empowerment and self-reliance, she needs to have the wherewithal to be able to protect and optimise the resources at her disposal.

To this end, President Akufo-Addo, speaking at the EBII Africa Investments Risk and Compliance (IRC) Summit, on Friday, 30th July 2021, at the University of Oxford, has admonished African governments to build robust financial compliance systems, and ensure strict enforcement of these systems.

Speaking on the theme “Financial Crime Compliance and ESG – The Future of African Investment”, the President stated a recent report has put the cost of financial crime compliance across all financial institutions, globally, at an all-time high of $180.9 billion for the year 2020.

Part of the reality in Africa, according to President Akufo-Addo, is that there …

Ghana President Nana Addo Dankwa Akufo-Addo has commissioned an $80 million steel manufacturing company in Ghana.
The company which will be operating under the government’s One District One Factory (1D1F) initiative was inaugurated on Tuesday, April 13, 2021. This is the first phase of the steel company, which is owned by B5 Plus Steel.
Speaking at the inauguration ceremony, President Nana Akufo-Addo said that the commissioning of the plant was a concrete manifestation that the new paradigm of economic development, which his administration has been vigorously pursuing since 2017, of insisting on value-addition industrial activities within a conducive and business-friendly environment, is making headway.
He reiterated his administration’s continued commitment to providing strategic support to companies and enterprises operating in Ghana.
The president also took to his social media handles to post the news about the project.

“On Tuesday, 13th April 2021, I commissioned Phase One of the B5 Plus

€22.8m Solar plants to bring power to Ghana

President Nana Addo Dankwa Akufo-Addo yesterday gave a go-ahead for the construction of two solar power plants in Kaleo and Lawra, under the 17MW peak solar power project.

According to Ghana’s president, the project confirms the commitment of his government to diversify Ghana’s energy generation portfolio and in the long run, help increase the renewable energy component of the energy mix and contribute to the fight against the effects of climate change.

The €22.8 million 17MW solar power project is being funded by the German Government’s Development Bank, KfW. There is still ongoing construction of the Pwalugu Multipurpose Dam and Irrigation Project.

He said that the project will see to the construction of a 4MW peak project in Lawra and a 13MW peak project in Kaleo.

Also Read: Burkina Faso benefits from $53 million AfDB funding for solar energy

“This will help Ghana avoid an estimated 7,400 tons of carbon …