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    GNCCI calls for stimulus packages for local businesses involved in AfCFTA

    FBNBank increasing access to affordable financial inclusion with agent banking [Article]

    Companies must help curb spread of COVID-19 amongst employees – Bureau of Public Safety

    Retailers of school uniforms cash in on mad rush for uniforms [Video]

    Stationery retailers enjoying gradual sales boom following schools reopening [Video]

    AGI troubled with rising COVID-19 cases and implications on demand of goods

    Lending rates won’t go down any time soon – Economist

    Business gradually booming for traders at University of Ghana as schools reopen [Video]

    Government must appoint only qualified persons to energy sector boards – COPEC

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    A close look at the Huawei FreeBuds 3; World’s 1st open-fit active noise-cancellation earphone

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    Blend tech with fashion with the new Huawei Watch Fit

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    LNG-to-power project to reduce cost of electricity in Ghana – Energy Consultant

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    Be proactive to benefit from AfCFTA – AfroChampions urges businesses in Ghana

    GUTA to commence cross-border trading with Nigeria

    Stakeholders charged to eliminate barriers likely to impede success of AfCFTA

    Ghana can benefit from ‎AfCFTA with hemp production – Business consultant 

    GUTA welcomes Nigeria’s decision to reopen its land borders

    C40 Regional Director for Africa, Mr Hastings Chikoko

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    GNCCI calls for stimulus packages for local businesses involved in AfCFTA

    Ghana Hotels Association calls for more attention for local tourism amid COVID-19

    Sign Real Estate Authority Bill into law – Construction Chamber urges Akufo-Addo

    Ministry of Aviation rejects decision by British Airways to move flights to London Gatwick Airport

    Implementation date for demanding IDs from MoMo customers extended to April 1

    Companies must help curb spread of COVID-19 amongst employees – Bureau of Public Safety

    Retailers of school uniforms cash in on mad rush for uniforms [Video]

    Stationery retailers enjoying gradual sales boom following schools reopening [Video]

    Focus on nuclear energy to reduce cost of electricity – AGI to government

  • Business
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    • Oil And Gas
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    GNCCI calls for stimulus packages for local businesses involved in AfCFTA

    FBNBank increasing access to affordable financial inclusion with agent banking [Article]

    Companies must help curb spread of COVID-19 amongst employees – Bureau of Public Safety

    Retailers of school uniforms cash in on mad rush for uniforms [Video]

    Stationery retailers enjoying gradual sales boom following schools reopening [Video]

    AGI troubled with rising COVID-19 cases and implications on demand of goods

    Lending rates won’t go down any time soon – Economist

    Business gradually booming for traders at University of Ghana as schools reopen [Video]

    Government must appoint only qualified persons to energy sector boards – COPEC

  • TECHNOLOGY

    Huawei Watch Fit; The perfect smartwatch for everyone

    A close look at the Huawei FreeBuds 3; World’s 1st open-fit active noise-cancellation earphone

    Ashigbey urges government to revise telecoms industry laws to boost growth

    Blend tech with fashion with the new Huawei Watch Fit

    Kick back and enjoy immersive entertainment for the whole family with the MatePad T 10s

    Cost of political adverts on social media to rise by 200% in next election – Maximus

    Huawei announces global release schedule of EMUI 11 update

    Experience powerful all-round performance with the New Huawei Y8s

    Hyundai launches first ever electric car in Ghana

  • INTERNATIONAL
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    • Africa
    • Asia
    • Europe
    • Middle East
    • US

    LNG-to-power project to reduce cost of electricity in Ghana – Energy Consultant

    World Bank plans to invest over US$5 billion in drylands in Africa

    Be proactive to benefit from AfCFTA – AfroChampions urges businesses in Ghana

    GUTA to commence cross-border trading with Nigeria

    Stakeholders charged to eliminate barriers likely to impede success of AfCFTA

    Ghana can benefit from ‎AfCFTA with hemp production – Business consultant 

    GUTA welcomes Nigeria’s decision to reopen its land borders

    C40 Regional Director for Africa, Mr Hastings Chikoko

    Accra and world’s major cities on track to keep global heating to 1.5°C – Report

    Nigeria to re-open land borders soon – President Buhari hints

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Ghana is a very good place to invest – Dangote

by citibusinessnews
January 14, 2020
in Business, Manufacturing
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Africa’s richest man, Aliko Dangote, has listed Ghana among a list of countries on the continent where investments yield the right returns.

The business magnate, who was speaking in an interview on Bloomberg TV identified Ghana together with three other countries including his home country Nigeria, where he is establishing a multi-billion-dollar petroleum refinery, as having the right investment climate.

Dangote told Bloomberg TV’s David Rubenstein that “Ghana is a very good place to invest,” touting the credentials of Accra as one of the top investment destinations in the sub-region.

With a net worth of about $15 billion, he is ranked the 95th wealthiest man in the world, according to the Bloomberg Billionaires Index.

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The 62-year-old Nigerian businessman became $4.3 billion richer in 2019 as his fortune continued to grow on the back of investments in cement, flour and sugar.

In Ghana, his top investment includes the Dangote Cement factory line which has operated in Ghana since 2011, importing and bagging bulk cement at its terminal in Tema and selling on the domestic market.

The Show

The business magnate was asked by the host David to highlight the opportunities for investors seeking first-time time opportunities on the African continent.

Apart from Ghana, he cited his home country as well as Kenya and Cote d’Ivoire as countries that have the most favorable investment climate in sub-Saharan Africa.

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