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GGEA Weekly Business Update 


Welcome to the Ghanaian German Economic Association Weekly Business Update. This is an educative piece to guide your partnerships and investments in Ghana. 

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Ghanaian economy in numbers  

Monetary Policy Rate - 19%
Inflation Rate - 23.06%
Inter-bank Interest Rate - 18.86%
91-day T-Bill - 19.08%

 

LOCAL NEWS

Focus on Africa's interest: President charges states, financial institutions

President Nana Addo Dankwa Akufo-Addo has challenged African nations and their financial institutions to come up with a new economic model that will serve the interest of their peoples and not profit advanced nations. Read more

Gold exports push Ghana's trade surplus to $1.3 billionin April

New figures from the Bank of Ghana have shown that Ghana’s total balance of trade recorded a surplus of US$1.33 billion in the first four months of this year.
This, according to the Central Bank’s Summary of Economic and Financial Data, is equivalent to 1.9 percent of Gross Domestic Product (GDP).
  Read more

Governor urges attractive investment policies

 
African Development Finance Institutions (DFIs) have been tasked to implement policies that will enhance their rating to attract global investments with favourable terms. Read more

Sensual purity with a sporty and elegant touch! This is the Peugeot 508. Which colour are you choosing?
Call us today on 024 360 0664 for more inquiry.
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Send us a text on WhatsApp; 
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Terms & Conditions Apply.

AfDB must lead Africa's post COVID recovery

The Minister of Finance, Ken Ofori-Atta, has called on the African Development Bank (AfDB) to position itself as the centre of Africa’s post-pandemic recovery. Read more

Use AU day to remove hinderances to AfCFTA

 
Governments, regulators and other relevant stakeholders in Africa have been asked to use the African Union (AU) Day to forge a fresh collaboration that will help remove all trade barriers from the continent.  Read more
Read More GGEA News

           COVID-19 UPDATES @ 25.05.22 

      GHS

     Confirmed  -  161,351
     Death  -  1,445

     Vaccinated  -  6,329,702
       WHO 
Confirmed  -  523,786,368
Death  -  6,279,667
Vaccinated  - 4,690,376,664
Great Product for your SUV choice … VW Teramont !
Volkswagen Ghana’s locally assemble Teramont revitalizing the Ghanaian SUV market.
Finding a good car is important for so many people who drive every day and our VW Teramont gives the best strike balance between quality and price.

FEATURE NEWS

SMEs need an alternative capital market - Investment Banker


The head of Investment Banking at Stanbic Bank Ghana, Kobby Bentsi-Enchil, has advocated the development of an alternative capital market for small businesses to enable them raise adequate financing for business growth. Read more
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Visit ggea.net to have a view and appreciate how your advertising needs can be satisfied. Please contact the GGEA office on 0263007588 / 0266019372 or ggea1@ggea.net to make the most out of this opportunity.
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Ghanaian German Economic Association · Esseefo Street, Asylum Down · Postal address KA 9227 · Accra · Ghana

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