Ghana Business News

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

Nigerian-owned Mainstreet Technologies’ Main One Cable will connect countries in Africa to those in Europe, becoming the second competitive cable (after the Glo-1 Cable) in West Africa by June 2010.

The Main One Cable Company has concluded the shore-end laying of its undersea fibre optic cables in Lagos, Nigeria and Accra, Ghana respectively. The shore-end cable laying is a critical intermediary procedure to install the undersea cables on the shores of countries in which the cable system is expected to berth.This in preparation for the end-to-end laying of the full stretch of the fibre optic cable from its origin in Portugal.

The Main One Cable will land in five places in Africa, including Nigeria and Ghana.

Main One Cable

Source(s): CNBC Africa

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

Ex-Olympic runner Reks Brobby used to live in Los Angeles but has gone back to Accra, Ghana where he runs a prestigious new nightclub.

A growing number of African professionals are returning home from all over the western world, driven in part by increasingly better opportunities at home and by the effects of the global credit crisis.

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Source(s): BBC News

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VIDEO: Doing Business In Africa – Ghana – Part 4 – Fashion, Media, Entrepreneurship, & Investor Sentiment

VIDEO: Doing Business In Africa – Ghana – Part 3 – Financial Sector, Real Estate, and Information Technology (IT) | VIDEO: Doing Business in Africa – Ghana – Part 2 – Oil, Agriculture, and Gold | VIDEO: Doing Business in Africa – Ghana – Part 1 – Pending Oil Wealth | Watch more videos on Ghana

Canoe Magazine

Source(s): CNBC Africa

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VIDEO: Doing Business In Africa – Ghana – Part 3 – Financial Sector, Real Estate, and Information Technology (IT)

VIDEO: Doing Business in Africa – Ghana – Part 2 – Oil, Agriculture, and Gold | VIDEO: Doing Business in Africa – Ghana – Part 1 – Pending Oil Wealth | Watch more videos on Ghana

Ghana Stock Exchange | Databank

Source(s): CNBC Africa

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VIDEO: Doing Business In Africa – Ghana – Part 2 – Oil, Agriculture, and Gold

VIDEO: Doing Business in Africa – Ghana – Part 1 – Pending Oil Wealth | Watch more videos on Ghana

Ghana Cocoa Board | Databank

Source(s): CNBC Africa

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

Association of Ghana Industries (AGI) | Volunteer Partnerships for West Africa (VPWA) | African Alliance | Databank | CAL Bank (Ghana)

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Source(s): CNBC Africa

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VIDEO: New Scramble for Africa? Africa Offers Growth, Says Insparo Asset Management

Investors should look to African markets for its growth potential and low correlation with other markets, says Francis Beddington, Head of Research, Insparo Asset Management. Read the rest of this entry »

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VIDEO: CNBC Interview with Ayo Salami, CIO, Duet Victoire Africa Index Fund; Long-Term Investment in Africa: More Than a Commodity Play

The long-term investment case for Africa remains intact, according to Ayo Salami, CIO of Duet Victoire Africa Index Fund. Ayo Salami says that Africa is more than just a commodity play.

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Duet Group

Source(s): CNBC

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VIDEO: Global Slowdown Has Stalled But NOT REVERSED The African Renaissance, Says Deutsche Bank

On sub-Saharan African markets. Deutsche Bank says that:
- South Africa, Nigeria, Ghana, and Kenya top the country list, in terms of size and market development
- Angola also stands out, given its oil wealth and size of its economy
- Equity markets are still not very liquid and relatively small
- Domestic and international bond markets growing from a low base
- The size of Africa-China trading has doubled in the last 13 years

Deutsche Bank | CCLA Investment Management

Source(s): CNBC

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VIDEO: CNBC Interview with John Cleary, CIO & MD of Focus Capital; Long-Term Investment Opportunities in Africa

South Africa is regarded as a dominant economy in Africa, in terms of its economic size and market capitalization.

“It’s a play on the rest of the region. It’s the first point of entry into Africa,” John Cleary, CIO & MD of Focus Capital said. “We’ve invested in probably about 11 countries, excluding South Africa, and we’ve found them to be good diversification opportunities.”

Focus Capital

Source(s): CNBC

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