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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

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    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

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    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

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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

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World Bank’s $55M tourism sector grant to be disbursed this week – Dr Awal

byMichael Ogbodu
September 21, 2021
in Business, Top Stories
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The Minister for Tourism Arts and Culture, Dr Mohammed Amin Awal has indicated that the government will this week begin the disbursement of a $55 million grant from the World Bank to boost the tourism industry.

This follows agitations by some stakeholders in the hospitality industry over the delay in disbursing the money.

He stated that “In the last two months people have applied; thousands of them. So, the team has gone through the processes, sieved them and beginning Thursday or Friday this week we will start disbursing the money according to the procedure. Hopefully, this will not only help people to come back from the COVID-19 pandemic, but it will also make sure that they strengthen their SMEs, improve their governance and improve their sites”.

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The fund was released by the World Bank about two months ago to boost the Government of Ghana’s efforts to revive the tourism sector as the country continues to grapple with the impact of the pandemic.

Meanwhile, the President of the Ghana Hotels Association, Dr Edward Ackah-Nyamike, lauded the announcement and called for transparency in the disbursements.

“If it goes as planned, that will definitely be a welcomed development. Indeed, as an association, we expect the disbursement to be very smooth and transparent with easily accessible information of beneficiaries so that we can also monitor what the grant is being used for by these members moving forward.”

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