Day: October 23, 2025

Opportunities International and Development Bank Ghana Host Forum for Private School Owners

Accra: Opportunity International Savings and Loans Limited (OISL), in collaboration with the Development Bank Ghana (DBG), organized a forum for private school owners and administrators as part of its 2025 Customer Service Week celebrations. The event took place at OISL’s Circle Branch in Accra, bringing together key stakeholders from both institutions. According to Ghana News Agency, the forum saw participation from notable figures including Mr. Ernest Yerekuu, Chief Executive Officer of OISL; Dr. Francis Takyi, Chief Risk Officer; and Ms. Sefakor Boadu, Head of Entrepreneurial Projects and Business Development at DBG. Other attendees included Mr. Stephen Yankey, Edu-Finance Manager; Mr.

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COCOBOD Inaugurates Three Key Sub-Committees to Enhance Transparency and Education

Accra: The Chairman of the Ghana Cocoa Board (COCOBOD), Dr. Samuel Ofosu-Ampofo, has inaugurated three strategic sub-committees to promote transparency, accountability, and sustainability in the cocoa industry. The committees are the Finance Committee, the Cocoa Tertiary Education Trust and Scholarship Committee, and the Cocoa Sector Marketing Committee (COSMARC). According to Ghana News Agency, the event, held at the COCOBOD Headquarters in Accra, was attended by members of the Board, management, and staff. Dr. Ofosu-Ampofo stated that the inauguration marked a significant step in COCOBOD’s renewed commitment to reposition the cocoa sector in line with the Government’s Reset Agenda under President

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Indian Community Celebrate Diwali with Solar Street Light Project in Ghana

Accra: The Indian community in Ghana, in partnership with some Ghanaian philanthropists, have sponsored the deployment of solar street lights in some rural areas in the country. The project forms part of the celebration of Diwali, the Indian festival of light. According to Ghana News Agency, the initiative, led by IPMC Chairman Amar Deep Singh Hari, received support from businesses, including Nankani and Hagan, M and G Pharmaceuticals, Kane-Em Industries, DPS Group, Poly Group, Link@, Moti Mahal Restaurant, RSKC Foundation, and Tropical Cables. Some beneficiary communities include Dondoli, Kumbienhe, Kabanya in Central Wa; Brada and Tornu in North Dayi, Kusele,

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NLA-KGL Letter Exchange Sparks Controversy Amid Routine Procedures

Accra: The exchange of letters between the National Lottery Authority (NLA), KGL Technology Limited, and other collaborators has come under scrutiny, despite being described as a normal administrative procedure by Mr. Razak Kojo Opoku, former Public Relations Manager of the NLA. According to Ghana News Agency, Mr. Opoku explained that the NLA requested data on sales and revenue for 2025 from KGL as part of its routine administrative tasks. KGL responded, agreeing to provide the requested data, fully audited by both internal and external auditors. Mr. Opoku criticized Fourth Estate for allegedly linking the routine request to broader controversies surrounding

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Goethe-Institut Unveils Africa-Europe Partnerships for Culture in Kumasi

Kumasi: The Goethe-Institut, Ghana, has successfully launched the Africa-Europe Partnerships for Culture (AEPC) project in Kumasi, marking the second launch following an initial event in Accra. The initiative is designed to provide artists, creators, and cultural professionals in the Ashanti region with equal opportunities to participate in a grant competition alongside their counterparts from across Africa. According to Ghana News Agency, Ms. Excellencial Betty Boatemaa, the Finance and Grants Assistant of the AEPC at Goethe-Institut, highlighted that the European Union (EU) is funding the project, which will run from March 2025 to February 2028. The project aims to bolster collaborations

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Foreign Minister Calls for Reform of UN Security Council, IMF, World Bank to Ensure Fairness and Inclusivity

Accra: Mr. Samuel Okudzeto Ablakwa, Ghana’s Minister for Foreign Affairs, has called for urgent reforms of key global institutions, including the United Nations Security Council, the International Monetary Fund (IMF), and the World Bank, to make them more representative, equitable, and responsive to the realities of the 21st century. The calls come amidst growing concerns among developing nations that the current global governance and financial systems no longer reflect today’s geopolitical and economic realities. According to Ghana News Agency, the Foreign Minister emphasized that meaningful reform of the United Nations Security Council, IMF, and the World Bank was essential to

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GIABA Seeks Collaboration with Faith-Based Organisations to Combat Financial Crimes in West Africa

Accra: The Inter-Governmental Action Group against Money Laundering in West Africa (GIABA) is seeking the support of Faith-Based Organisations (FBOs) to achieve sustainable results in Anti-Money Laundering and Countering the Financing of Terrorism (AML/CFT) efforts across the region. GIABA, in collaboration with Ghana’s Financial Intelligence Centre (FIC), is hosting a two-day national sensitisation seminar in Accra aimed at raising awareness among religious leaders and institutions about the AML/CFT framework and GIABA’s mandate. According to Ghana News Agency, the seminar is designed to agree on actionable points to promote peaceful coexistence and address Money Laundering (ML), Terrorism Financing (TF), and Proliferation

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