Tag: WEST AFRICA
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Trade Fair management committed to make facility West Africa’s leading trading hub
The management team of the Ghana Trade Fair Company Limited is committed to converting the trade fair center into a leading trading hub in West Africa. Over the next five years, it aims to complete a project that will host the African Continental Free Trade Area (AFCTA) Secretariat as well as other top-notch facilities. The…
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Bui Power Authority completes first floating solar project in Sub-Region
The Bui Power Authority (BPA) has successfully completed the construction of its pioneering 5-megawatt floating solar project, making it the first of its kind in the sub-region. The commissioning of the project is anticipated to take place later this year. The BPA initially embarked on the floating solar project with a capacity of 1 megawatt,…
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No need to rush ECO’s issuance; more engagements needed – Economist
Economist, Prof. Peter Quartey, says a further delay in the implementation of the ECO currency is prudent to allow for better and broader consultations among all stakeholders. His comment follows the assertion by the Governor of the Bank of Ghana; Dr. Ernest Addison, that the introduction of the currency may not happen this year due…
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Consumers to enjoy free mobile roaming services in ECOWAS countries – Ursula
From January 2020, mobile phone users would be able to travel throughout the West African sub-region operating their mobile phones without any extra charges, Minister of Communications, Ursula Owusu-Ekuful has disclosed. This comes into effect years after the Economic Community of West African States (ECOWAS) approved the decision in 2017. Parliament earlier in the week…
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West Africa renames CFA franc but keeps it pegged to euro
West Africa’s monetary union has agreed with France to rename its CFA franc the Eco and cut some of the financial links with Paris that have underpinned the region’s common currency since its creation soon World War Two. Under the deal, the Eco will remain pegged to the euro but the African countries in the…
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Article: Boosting energy access, security in West Africa through regional cooperation
The developed part of the globe have found reliable and affordable energy as an enabler to goods and services that has enriched and extended lives. And for developing countries, the need for consistent supply of affordable energy is more vital to modernizing agriculture, increasing trade, empowering women, saving lives, improving transportation, expanding industries, and powering…
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Stakeholders call for better collaboration to ensure success of ECOWAS Brown Card Scheme
Stakeholders in the insurance sector in the West African Sub-region have called for greater collaboration amongst the different ECOWAS Brown Card secretariats to ensure prompt payment of claims. 37 years after the signing of the ECOWAS Brown Card Insurance Scheme Protocol, some players have raised concerns about the difficulty in settling claims under the ECOWAS…