Chairman King » Accra

Ghana: Can One of Africa’s Best-Governed Countries Beat the Curse of Black Gold?

Staff Writer — Mon, 11 Jan 2010 16:16:02 +0000

As Ghana prepares to pump oil in the second half of 2010, hopes are rising, both among hard-pressed market traders at home and in the far-flung Diaspora, where Ghanaians are quitting jobs in American banks to head back to an optimistic homeland. Oil was found off Ghana’s coast in 2007 and, even without further discoveries, is [...]

Nigeria’s Economic and Financial Crimes Commission (EFCC) Confiscates Assets Belonging To Erastus Akingbola, Former MD/CEO of Intercontinental Bank

Staff Writer — Sat, 09 Jan 2010 13:03:58 +0000

igeria’s Economic and Financial Crimes Commission (EFCC) has begun the process of seizing properties belonging to ex-Vice Chairman and Managing Director of Intercontinental Bank and ‘Church Elder’, Erastus Akingbola. Erastus Akingbola was among the first batch of CEOs sacked by the Central Bank of Nigeria (CBN) in August last year. The agency on January 7th, 2010 [...]

South Korea’s STX Wins Major Ghana Housing Deal to Build 200,000 Units; Ghana’s HFC Bank to Finance Project

Staff Writer — Mon, 14 Dec 2009 12:50:36 +0000

South Korea’s STX Group said it signed a $10 billion deal Wednesday to build 200,000 homes in Ghana over the next six years. The construction group said in a statement it signed the agreement with the Ghanaian government in Seoul on the housing project, which would extend to 10 cities including the capital Accra from 2010 [...]

VIDEO: CNBC Interview with Funke Opeke, CEO, Main One Cable; Main One Cable is the Second Competitive Cable Planned to Give Broadband Access to West Africa by 2010

Staff Writer — Sat, 05 Dec 2009 17:56:48 +0000

VIDEO: Ghanian Emigrant Returns Home from Los Angeles to Become an Entrepreneur

Staff Writer — Mon, 23 Nov 2009 19:16:06 +0000

USA-Nigeria Direct Flight: Arik Air Launches Services between Lagos and New York JFK

Staff Writer — Mon, 23 Nov 2009 19:02:31 +0000

Arik Air has announced that it would commence flights between Lagos and New York (JFK) beginning on Sunday, 29 November 2009. The new route will be Arik Air’s third international service outside of the West Africa region, following the commencement of daily flights to London Heathrow in December 2008 and to Johannesburg, South Africa, in June [...]

VIDEO: Doing Business In Africa – Ghana – Part 1 – Pending Oil Wealth

Staff Writer — Sun, 22 Nov 2009 19:27:12 +0000

Apple iShop Opens in Accra, Ghana

Staff Writer — Fri, 23 Oct 2009 14:16:11 +0000

In a bid to meet the market demand of Apple products, Apple has opened a retail store in Accra, Ghana, making available its world-class products, services, and solutions to local customers and clients. iShop is located at the Accra Mall and offers the entire product line of Apple, including iPods, MacBooks and iMacs. The iShop also [...]

Globacom Says that Glo-1 Cable has Landed in Lagos

Staff Writer — Wed, 16 Sep 2009 20:07:10 +0000

Globacom announced last weekend that its long-delayed Glo-1 cable has landed in Lagos, Nigeria. Globacom’s Group Executive Director, Paddy Adenuga, said in a statement to mark the landing of the cable that Glo-1 “will stimulate a new era of prosperity in the continent by offering cheap, fast, and reliable international calls, unprecedented fast access to [...]

Ghana’s Ministry of Communications Will Not License New Telecommunications Operators

Staff Writer — Fri, 28 Aug 2009 15:01:56 +0000

Ghana’s Minister of Communications Haruna Iddrisu on Wednesday said that the government would not license any new telecommunications operators, pledging to ’safeguard the integrity of the industry’. At the opening of mobile operator Tigo’s refurbished head offices in Accra, Mr.Iddrisu said: ‘The government has no intentions of adding a new telecom player to the six [already] [...]