Bank of Jamaica mints the first batch of national digital currency

Bank of Jamaica mints the first batch of national digital currency

The Bank of Jamaica plans to issue a total of $1.5 million of CBDC to institutions and authorized payment service providers as part of a pilot ending this December. Jamaica is aggressively progressing with the country’s central bank digital currency (CBDC) as the Bank of Jamaica, or BOJ, has minted the country’s first batch of […]

Ghana signs deal with German firm to rollout digital currency

Ghana signs deal with German firm to rollout digital currency

G+D is providing the technology and developing the solution adapted to Ghana’s requirements, which will be tested in a trial phase with banks, payment service providers, merchants, consumers and other relevant stakeholders. To this end, the Bank of Ghana has signed an agreement with G+D to implement a pilot CBDC project as a precursor to […]

Akufo-Addo, Late Amissah-Arthur Conferred With Distinquished Alumni Award

Akufo-Addo, Late Amissah-Arthur Conferred With Distinquished Alumni Award

President Nana Addo Danquah Akufo-Addo and the late former Vice President Paa Kwesi Amissah-Authur have been conferred with Distinquished Alumni Awards by the Department of Economics of the University of Ghana on Wednesday. The award was in recognition of the contribution the the development of the Ghanaian economic growth and leadership. The citation that accompanied […]

Newmont Ghana’s Ahafo North Project approved for execution

Newmont Ghana’s Ahafo North Project approved for execution

Newmont Corporation’s Board of Directors has approved advancing the Ahafo North Project into the execution phase. The project exceeds the Company’s required internal rate of return, adding profitable production from the best-unmined gold deposit in West Africa. “I am pleased to announce the approval of full funding for the Ahafo North Project, expanding our existing […]

CDMS New Website Launched

CDMS New Website Launched

Classic Digital Marketing Services, is delighted to announce the successful launch of its new website, classicdigitalgh.com. The official unveiling was done on the 23rd July 2021. The new website provides visitors across the globe with exquisite design, easy navigation, mobile and tablet friendly functionality and an even more easier way to access our services and […]

Rural areas in Ghana benefiting from e-commerce and it’s robust logistics structure

Rural areas in Ghana benefiting from e-commerce and it’s robust logistics structure

In a country where the rural population stands at almost 14 million constituting 42.7% of the total population,it is not surprising that the need for ecommerce expansion to such areas has been on the lips of many businesses. To prevent rural-urban migration, it has become imperative that better living conditions,access to essential items and basic […]

Nii Oyanka Appointed CEO for CICC West Africa

Nii Oyanka Appointed CEO for CICC West Africa

Nii Ayitey Anumle Oyanka, President of Ga Ameri Plus Company Limited and Chief of Oblieman in the Ga West Municipality has been appointed Chief Executive Officer (CEO) of the Council of International Chamber of Commerce(CICC) for West Aftica. The appointment was announced Mr. Besim Jashari, President and founder of CICC after Board meeting held in […]

Job creation in Ghana, the role of e-commerce

Job creation in Ghana, the role of e-commerce

The dream of many Ghanaian children is to go to school, get a good job, live a decent life and take care of their families. However, not all of such dreams come into fruition. In 2020, the unemployment rate in Ghana was at approximately 4.51 percent of the total labor force. The unemployment rate is […]

KGL Group sponsors maiden edition of diaspora investment summit

KGL Group sponsors maiden edition of diaspora investment summit

KGL Group, a wholly owned Ghanaian group of subsidiaries has supported the Ghana Investments Promotions Center (GIPC) to host the maiden edition of the Ghana Diaspora Investment Summit 2021. The event which is held under the theme ‘The New Normal: “Leveraging Diaspora Investments to Build Back Better” is sought to highlight diasporan collaborative investments as […]

KGL Technologies Blow GHC55million on Contract With NLA

KGL Technologies Blow GHC55million on Contract With NLA

-LMCs Chase Government To Abrogate Contract The Lotto Marketing Companies (LMCs) in Ghana are mounting incessant pressure on the Government to take immediate action and abrogate the contract between the National Lottery Authority (NLA) and KGL Technologies Ghana Limited. According to them, KGL had awfully failed to respect the contract agreements which had virtually collapsed […]