Ghana: Latest News
Dana Sanchez, 3:22 pm AFKI Original
If Ant expands access to mobile money, it could mean that even more people will receive remittances on their mobile money accounts, and that will be good for Ismail Ahmed. Mobile money is disrupting remittances and making formal transactions easier, says Ahmed, a Somali entrepreneur and CEO of online money transfer service WorldRemit. Only 5% of remittances today are sent online. The rest is cash, paid over the counter or at agents. Online remittances are projected to grow six-fold to reach at least 40 percent in the next few years.
Peter Pedroncelli, 3:34 am AFKI Original
The Indomitable Lions of Cameroon managed a 2-0 win over the Black Stars of Ghana in the second semi-final played at the Stade de Franceville on Thursday evening, securing their place in the 2017 Africa Cup of Nations final against Egypt. Goals from Michael Ngadeu-Ngadjui and Christian Bassogog made sure of victory over a more favoured Ghanaian outfit, with captain Benjamin Moukandjo leading his charges by example with a fine display in midfield.
Staff, 12:55 pm
To fulfill its economic potential, Africa must industrialize and it’s well suited to do so. The question is how. The economic growth experienced in recent decades has not been sustainable or inclusive. Africa’s economies must move beyond producing raw materials to build competitive manufacturing with added value. Developed countries’ experiences will help Africa avoid the pitfalls of unbridled industrialization, especially environmental damage. Africa is committed to industrialization. The process is already underway in Ethiopia, Ghana, Rwanda, and Senegal.
Peter Pedroncelli, 4:31 am AFKI Original
Egyptian national team goalkeeper Essam El Hadary was named man of the match in Wednesday night’s 2017 Africa Cup of Nations (AFCON) semi-final victory over Burkina Faso at the Stade de I’Amitie in Libreville. The 44-year-old goalkeeper, who is now the oldest player to have taken part in an AFCON match, helped his side to a win over Burkina Faso after a 1-1 draw in normal time gave way to the lottery of penalties, with the Pharaohs winning the shootout 4-3.
Kurt Davis Jr., 10:23 am AFKI Original
French cosmetics company L’Oreal has invested in organic beeswax in Mali, the surprise country for 2017. Economic growth should hover around 5-to-6 percent this year as agricultural production strengthens. Lack of investment or interest in the country in recent years means there are unexploited opportunities with many investors still sitting on the sidelines. Opportunities exist in cashews, biofuels, shea butter and cotton. This year should see some investors put cash into the country, especially in agriculture.
Tom Jackson, 7:55 am AFKI Original
As tech becomes more widespread in Africa, democratic processes will become more accessible. Internet and mobile technologies can reach remote areas and give voice to many. Rashaad Alli is a manager at South African nonprofit People’s Assembly, which supports websites that make parliamentary information more accessible to ordinary people. “Access to information is a great enabler to effect social change and deepen democracy,” Alli said. “Tech tools help increase transparency, expose corruption, strengthen democracy and hold governments to account.”
Peter Pedroncelli, 4:29 am AFKI Original
Africa Cup of Nations (AFCON) favourites Senegal were knocked out of the competition at the quarter-final stage on Saturday, with rivals Cameroon defeating the Senegalese courtesy of a penalty shootout victory. The highly anticipated battle of the Lions, the Teranga Lions versus the Indomitable Lions, was played at the Stade de Franceville, with many pundits believing that AFCON favourites Senegal would be too strong for their opponents.
Staff, 9:33 am
What’s been billed as the world’s most luxurious cruise ship, the 750-passenger Seven Seas Explorer, in 2018 will operate a voyage down the west coast of Africa — rare in the cruise world. The voyage will bring one of the priciest cruise ships in the world to one of the globe’s poorest regions. The per capita income of many of the countries on the itinerary is less than $2,000 per year. The most expensive luxury ship ever built, it features some of the largest, most elaborate accommodations at sea, including a 4,443-square-foot suite — nearly 50% larger than the average home in the U.S. The ship spa is operated by Canyon Ranch.
Peter Pedroncelli, 3:58 am AFKI Original
The 2017 Africa Cup of Nations (AFCON) group stage is now over, with only eight teams left in the competition, and the quarter-finals taking place over the weekend. Saturday and Sunday will see the knockout stages begin, with the final eight teams from around the continent desperate to qualify for the semi-finals in Gabon.
Peter Pedroncelli, 3:19 am AFKI Original
The 2017 Africa Cup of Nations group stage came to a close on Wednesday night, with the final games in Group D unveiling Egypt and Ghana as the teams progressing through to the quarter-finals of the competition. The Black Stars and the Pharaohs faced off in the final Group D match at the Stade de Port-Gentil in the Gabonese city of Port-Gentil on Wednesday evening, with the Egyptians emerging as 1-0 winners thanks to a sublime strike from Roma attacker Mohamed Salah.
- Real Estate