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

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    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

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    Dr. Ampabeng advocates consolidation of road taxes into fiscal policy

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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

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    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

    Our cars to sell for cheaper soon- locally assembled automobile companies

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

    Ghana’s inflation rate rises again; hits 31.7% in July 2022

    Fitch downgrades Ghana’s credit rating from B- to CCC

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    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

    Dr. Ampabeng advocates consolidation of road taxes into fiscal policy

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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

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

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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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CalBank green energy tower addresses global warming and improves operational efficiency

byMinna Dablu
October 18, 2021
in Banking And Finance
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CEO of CalBank, Philip Owiredu says his outfit’s newly built green environmentally friendly tower is not only a big step towards dealing with global warming and its attendant problems but also the way to go in improving operational efficiency.

“In designing and building our head office, we invested heavily from our own resources in the green future. Many business leaders in Ghana are keen to respond to growing concerns about pollution and the environment in Ghana. Cal bank understands the environmental and social benefits of going green and is committed to playing an active role in the transition from non-renewable to renewable energy,” he said in an interaction with the media and industry players during a tour of the facility.

The company which has been in Ghana since 1990 says it is committed to playing an active role in the transition from non-renewable energy to green energy.

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The new Cal Bank Headquarters is a 12-storey environmentally friendly tower which was commissioned in 2018 pulling together indigenous minds and experts whose input assured concrete delivery and jobs for the Ghanaian professionals.

Speaking to the media  British High Commission in Ghana said it is committed to investing in civil societies, companies and people embarking on green projects.

The British High Commissioner to Ghana, Harriet Clare Thompson, says the commission has already dedicated over 11billion pounds as international green finance to invest in projects which fall under the category.

“We’ve been investing in projects in Ghana for many years. You’ve heard about CDC earlier on, and our investment into green projects is only going to increase. The UK has just raised its commitment to spend international climate finance to 11.6 billion pounds, that’s a huge amount of money. The scope of things on which we can spend that money is enormous because it’s about making things that are sensible to do anyway, green climate-friendly and sustainable investment. So we’re looking forward to hearing about projects that are suitable for that type of investment here in Ghana.”

The move is aimed at creating sustainable jobs and addressing the urgent challenges of climate change.

Financing the bank’s green energy tower

CalBank lives and finances Green as part of its strategic objectives. CalBank supports Ghana with loans and investments that encourage development of green projects or minimize adverse environmental impacts of regular projects.

The CalBank Head office officially commissioned in 2019 is one of the few Edge certified buildings in Ghana by the IFC

The Bank has secured dedicated funding from The French Development Agency (AFD) through SUNREF (Sustainable Use of Natural Resources and Energy Finance) a total of US$20 Million to support Green projects in Ghana

International Finance Corporation (IFC) has also granted the Bank US$12,500,000 for the financing of renewable energy (RE) and energy efficiency (EE).

 

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