Tag: Ghana

IMF Projects -12.5% Decline in Ghana’s Economic Growth

By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-The International Monetary Fund (IMF) Wednesday said Ghana’s economic growth is likely to drop by -12.5 percent (-12.5%) from eight percent (8%) in 2012 to  seven percent (7%) in the current year.   This is coming on the heels of the Fund’s visit to the […]

Citi Names Top Nigerian Banker as Chief Executive Officer of SSA Division

Press Release New Africa Structure to focus on Growing Bank’s Coverage across Key Markets Johannesburg / Lagos– Citi today announced the appointment of Ade Ayeyemi as Chief Executive Officer for its Sub Saharan Africa Division, based in Johannesburg. The bank also announced that its North African business will now report […]

IFC wins approval for $1 billion Ghana local bond programme

The International Finance Corporation has secured approval to regularly issue local currency bonds in Ghana worth up to $1 billion to bolster the West African country’s domestic bond market, it said on Wednesday. IFC, the World Bank’s private sector arm, said Ghana’s Securities and Exchange Commission and the Ghana Stock […]