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    Recent downgrades by S&P, Fitch ratings on Ghana unfair – African Peer Review Mechanism

    Private sector critical to renewable energy target- sector ministry

    Cedi Depreciation: Government urged to enforce laws on pricing in dollars

    Gov’t must invest more resources into agriculture sector – Agribusiness Chamber

    Assistant Director, Fintech and Innovation, BoG, Clarence Blay

    E-cedi will not affect MoMo business – Bank of Ghana

    Farmers worried about possible unfair distribution of MoFA machines

    Bank of Ghana to widen its scope on cryptocurrency

    Importers, Exporters Association calls for sympathy for Labianca following corruption claims

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    Cedi Depreciation: Government urged to enforce laws on pricing in dollars

    Assistant Director, Fintech and Innovation, BoG, Clarence Blay

    E-cedi will not affect MoMo business – Bank of Ghana

    Bank of Ghana to widen its scope on cryptocurrency

    Importers, Exporters Association calls for sympathy for Labianca following corruption claims

    BoG Deputy Governor chairs advisory board of UG’s College of Humanities

    GEXIM CEO is one of Ghana’s 100 most influential business leaders

    Zenith Bank Ghana wins premium quality West African banking brand of the year 2021

    GIPC and GSE sign MoU to attract more investment into Ghana

    Appolonia City unveils its first commercial building; Adumuah Place

  • TECHNOLOGY

    We’re ready to re-engage gov’t on acquisition of Vodafone shares – Telecel

    New deadline for SIM re-registration too short – MoMo agents association

    Extend SIM card re-registration exercise to January 2023 – MoMo agents

    Vodafone agrees sell stake in Ghana’s business to Telecel

    Telecoms Chamber and IIPGH advocate sustained coding education

    IIPGH to enter coding education partnership with Telecoms Chamber

    PayAngel joins Microsoft for Startups Founders Hub

    Node 8, HTU hold first edition of Node X in Ho

    Financial transactions will be allowed even without Ghana card from 1st July – GAB assures

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    Agribusiness entrepreneurs must take advantage of AfCFTA – ADB MD.

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    African countries that could follow Sri Lanka into economic chaos

    Africa’s internet economy to cross $180 billion by 2025: Report

    Regional economic cooperation needed to enhance Africa’s competitiveness – Bawumia

    Ivory Coast is set to receive $26.1 billion worth of development finance from 4 lenders, the EU and France

    Gulf central banks, Bank of England raise policy rates after Fed hike

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Ghanaians urged to take advantage of International Development Fund

June 7, 2021
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The Programme Coordinator for the International Development Fund in Ghana, Jelili Jerry Afolabi, has urged Ghanaian entrepreneurs to explore international opportunities in development finance under the International Development Fund.

Addressing participants during the first IDF funding seminar organized by WABS Consult in Accra, Mr. Afolabi said the IDF provides collateral-free financial resources for the execution of viable projects aimed at creating sustainable jobs and solving development challenges across the globe.

He said the loans available range from 1 million USD to 1 billion USD, and are earmarked for projects in healthcare, energy, housing, mining, and agriculture.

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Mr. Afolabi added that IDF fund managers are particularly interested in the job-creation matrix of specific projects and how they can solve unemployment in host communities.

The President of WABS Consult, Issah Sulemana, in an interview with Citi Business News said his organisation is committed to helping as many Ghanaian project owners as possible to access and secure the money they need to fund their dream projects.

As local facilitators, he said WABS will help conduct assessments of individual projects and guide owners to fulfill the requirements needed to secure funds to commence work.

Source: International Development Fund
Tags: Citi Business NewsGhana Business NewsInternational Development Fund
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