Business

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Ecobank and African Guarantee Fund sign transformative $200m risk-sharing agreement

Ecobank, the leading pan-African banking group, and the African Guarantee Fund (AGF), a specialized pan-African guarantee provider, have joined forces in a groundbreaking $200 million risk-sharing agreement. This is aimed at catalysing economic growth and supporting entrepreneurial ventures – including women-owned SMEs on the continent. The two organisations signed a …

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Sinapi Aba trains 280 youth in apprenticeship program in Bono Region

Two hundred and eighty young people in Bono Region have graduated from Sinapi Aba’s Youth Apprenticeship Program (YAP) aimed at improving livelihoods. The free three-year initiative is to alleviate unemployment among the youth in selected communities in the region. The investment by the financial institution is to promote community development …

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Fidelity Bank delivers impressive Third Quarter performance

Fidelity Bank Ghana Ltd, the largest privately-owned Ghanaian bank, has once again showcased its commitment to excellence by delivering an impressive and robust financial performance in the third quarter of 2023. This achievement underscores the bank’s resilience in the face of recent sector challenges, positioning it as a driving force …

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Access Bank Ghana wins SME friendly bank of the year

Access Bank Ghana has been named the SME-Friendly Bank of the Year at the prestigious 2023 BRANDCOM Awards, a testament to the bank’s unwavering commitment to supporting and empowering small and medium-sized enterprises (SMEs) across Ghana. This award recognizes Access Bank Ghana’s exceptional dedication to providing SMEs with access to …

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BoG releases list of unapproved money transfer organisations

The Bank of Ghana has cautioned the general public to desist from dealing with unapproved Money Transfer Organisations (MTOs). In a statement, the BoG said a number of these MTOs operating within the remittance and the Ghana Forex Market were without approval from it. These organisations include “LEMFI, WISE, TRANSFER …

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