Business

Ngozi Okonjo-Iweala is the first African and Woman WTO Director-General

WTO members made history today (15 February) when the General Council agreed by consensus to select Ngozi Okonjo-Iweala of Nigeria as the organization’s seventh Director-General. When she takes office on 1 March, Dr Okonjo-Iweala will become the first woman and the first African to be chosen as Director-General. Her term, renewable, will expire on 31 August 2025.  Dr. Okonjo-Iweala “This is …

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Israel’s tech envoys in Ghana and Colombia ready for post-Covid world

The Covid-19 pandemic has forced the Foreign Trade Administrations (FTA) at the Israeli Ministry of Economy and Industry, and its economic attachés across the globe to completely rethink their role in the world of economic diplomacy. While facing an unprecedented financial crisis and a fog of uncertainty, the attachés discovered that many of their previous strategic tools became almost irrelevant. …

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Here are 20 of Africa’s best countries to do business

The World Bank Group has a major flagship publication which it publishes every year called the Doing Business report. The 2020 publication is the 17th in a series of annual studies measuring the regulations that enhance business activity and those that constrain it. Doing Business, according to World Bank “presents quantitative indicators on business regulations and the protection of property rights that can be …

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AfCFTA will be a game-changer for African countries – Nana Addo

President Akufo-Addo says the African Continental Free Trade Area (AfCFTA), will help African countries revive their economies after the devastating effects of the coronavirus pandemic. He believes trade among African countries will be a game-changer due to the implementation of the agreement. Speaking at the first African Continental Free Trade Area start trading webinar, President Akufo-Addo said, Africa is poised for …

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Residency friendship among Ghanaians in the US turns into biz partnership

It’s not every day that you find your future business partner while working to complete a doctoral degree. But that’s exactly what happened for Grand Canyon University (GCU) doctoral learners Eugene Frimpong and Kevin Abankwa. They met while in the midst of their doctoral program in Business Administration with an Emphasis in Data Analytics. They chatted virtually before finally meeting in person at one of their …

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$25M office portfolio in Cary, NC boosts Michigan group’s Triangle holdings

A Michigan investment firm with a growing portfolio in the Triangle picked up its latest collection of properties with the purchase of a flex portfolio in Cary.  Alidade Capital of Bloomfield Hills, Michigan, paid $25 million for two properties totaling 137,759 square feet in the northern part of town.  The properties are situated on 25.7 acres at 13000 Weston Parkway and 14001 …

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Nigeria is now the No.2 bitcoin market on this fast-growing global marketplace

During the police brutality protests in Nigeria in October, bitcoin saved the day when the government shut out protesters from using local payment platforms for collecting donations to support it. The young, tech-savvy protesters quickly switched to using bitcoin, and in about a week bitcoin accounted for around 40% of the nearly $400,000 raised. It was just one high-profile example of …

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US holds up announcement of Okonjo-Iweala as WTO boss

The United States is holding up the official announcement of Nigeria’s Ngozi Okonjo-Iweala as the new boss of the World Trade Organisation. On Wednesday Okonjo-Iweala secured majority of votes to become the first African to head the World Trade Organization. Member countries in the European Union and ECOWAS all endorsed her candidacy. Okonjo-Iweala who was the only African left in the race beat South …

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82 shortlisted for 2nd Ghana Cocoa Awards

From a total of 155 entries received for the 2020 edition of the annual Ghana Cocoa Awards, 82 nominees have been shortlisted for the 2nd Networking and Awards Gala Night on 14th November 2020 at the Kempinski Hotel Gold Coast City, Accra Ghana. The eminent Advisory and Awarding Board, chaired by Professor Emmanuel Ohene Afoakwa, is presently assessing the finalist entries to deliver …

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Ensuring Your Small Business Survives amidst COVID-19

Nobody really knew what to expect this year, and regardless of what industry you do business in, the pandemic changed things. Being able to adjust appropriately is a must, and while that might sound impossible, we’ve all learned nothing is impossible these days. Here’s how to ensure your small business comes out on the other side of the pandemic happy …

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