Ghana: Latest News

  • Why African Cities Are Striving To Be Tech Hubs

    By Tom Jackson, 4:20 am AFKI Original

    The majority of African cities are striving to be tech hubs. From Cairo to Accra, Lagos to Nairobi, Cape Town to Johannesburg, cities are striving to emulate Silicon Valley as tech hubs. Nairobi’s iHub launched with government support, and the Enterprise Kenya initiative is designed to assist local startups. In Lagos, the presidency has offered backing to tech startups, and there are a myriad of hubs.

  • Ghana Shuts Down Fake US Embassy That Operated For A Decade

    Fake US Embassy By Staff, 7:05 am

    In Accra, Ghana, there was a building that flew an American flag outside every Monday, Tuesday, and Friday, 7:30 a.m.-12:00 p.m. Inside hung a photo of President Barack Obama, and signs indicated that you were in the U.S. Embassy in Ghana. However, you were not. This embassy was a sham. It was not operated by the United States government, but by figures from both Ghanaian and Turkish organized crime rings

  • Opinion: Africa Needs More Healthcare Real Estate Investment Trusts

    Africa needs more healthcare real estate investment trusts By Dana Sanchez, 1:39 pm

    There is a gap for hospital services in Africa and property investors can benefit from this with healthcare real estate investment trusts, an expert says. A REIT is a company that owns, and in most cases operates, income-producing real estate. Large hospital owners like Netcare or Life Healthcare in South Africa could sell hospitals to a property manager who runs a healthcare REIT. The REIT would then lease them back. REITs provide investors with a liquid stake in real estate, special tax considerations and typically high-dividend yields. In more mature markets, healthcare REITs are often popular investments.

  • Rwandan Genocide Survivor Builds A Media Empire Empowering Youth

    Rwandan genocide survivor By Ann Brown, 8:12 am AFKI Original

    A survivor of the Rwandan genocide, entrepreneur Marcel Mutsindashyaka chose to use the media, not for revenge, but for peace building. His Rwandan media and IT company has helped restore unity in the country by engaging youth. It is now the second most popular news website in Rwanda. Mutsindashyaka was chosen to be in Obama’s Young African Leaders Initiative. The experience “opened my mind from local to global perspective,” he told AFKInsider. “From this I realized that there is potential for the U.S. and Africa to collaborate for mutual benefit.”

  • Why Connectivity Is Key To African Growth

    By Tom Jackson, 6:56 am AFKI Original

    A recent McKinsey report on “digital globalisation” found flows of data and information now generate more economic value than the global trade in goods. Essentially, this means that an industry that did not exist 15 years ago is now bringing in more value to a country’s Gross Domestic Product (GDP) than the centuries-old trade in goods. That is quite something.

  • Road Less Traveled: Head East Out Of Accra To Explore Ghana’s Volta Region

    explore Ghana's Volta region By Staff, 6:55 pm

    Since Ghana’s most famous attractions are its slave forts and beaches, tourists tend to head west out of Accra. If you head east, you’ll find yourself in the Volta region. You’ll see fewer tourists and enjoy spectacular birdlife. Xavi, one of Ghana’s birdwatching hotspots, is home to 90 species including pygmy kingfisher, emerald cuckoo and yellow-crowned gonolek. Guests explore by canoe with a guide, floating peacefully down the Lotor River. Even if you aren’t interested in birds, it’s a wonderful trip that ends at an impressive stand of 60 baobab trees.

  • Can Solar Micro-Grids Transform The African Grid?

    solar power purchase agreements By Staff, 7:13 am

    Nearly 100 million people are now on the first steps of the energy ladder thanks to the rapid deployment of solar home systems in poor communities across the world. That’s incredible progress that marks the beginning, not the end, of clean energy access. With increasing attention being paid to the missing middle excitement about the opportunity to end energy poverty is palpable.

  • Uganda Could Become First African Nation To Adopt Bitcoin Regulations

    By Kevin Mwanza, 5:27 am

    Uganda could become the first African nation to adopt legal regulations in the use of bitcoin in monetary transactions after hosting an event focused on the policy guidelines, legal and social-cultural issues on the use of crypto-currencies on the continent. The Ugandan government has left the digital currency, which is owned by BitPesa of Kenya, largely un-regulated since its entry into the region’s second biggest economy in November, last year.

  • AfDB Approves $10M Equity Investment In TIDE Africa Fund

    emerging market capital flight By Kevin Mwanza, 8:52 am

    African development Bank (AfDB) approved a $10 million equity funding to boost Information and Communication Technology (ICT)-driven production and growth in six sub-Saharan Africa countries. The Technology and Innovation in Developing Economies (TIDE) Fund 1 will invest in companies that use new technology to provide affordable services in the energy, agribusiness, financial, education and healthcare sectors

  • African Govts. Holding $2B Revenue Owed To Foreign Airlines

    By Kevin Mwanza, 7:07 am

    The African Airlines Association (AFRAA) urged African governments to release about $ 2 billion in revenue owed to foreign carriers to avoid suspension or shut-down of operations on the continent. The pan-African body said that the Angolan, Nigerian, Egyptian and Sudanese governments have blocked repatriation of the earnings, which has also contributed to the turbulent market faced by several airlines.

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