List of Ghana's Richest People
1. Obama’s Africa Trip is All About Trade, Investment, and Tech
"As Africa’s business landscape improves, U.S. companies have been expanding into the continent. Over the last two years, IBM established a $100 million Africa research facility in Nairobi, Facebook recently opened its first Africa Office, and Starbucks announced its launch into Sub-Saharan Africa last week. General Electric, likewise, sees enormous potential there."
2. Model Moguls: Women Entrepreneurs Blazing the Trails of Business in Africa
"As African nations further open themselves up for big business and commerce, women have become more bullish in seizing career opportunities and gaining a foothold in areas traditionally held by men." A look at some of these women, including Nigerian Mo Abudu, executive chairman of Ebonylife TV, and Zambian Monica Musonda, Founder of Java Foods Lusaka.
3. West Africa's Alarming Growth Industry - Meth
Smugglers of Moroccan hashish have long crossed West Africa on their way to Europe or Asia. Over the past decade, the region has also become a major transit point for Latin American cocaine headed to Europe. But local and international officials say West African criminal groups are now producing and exporting hundreds of millions of dollars worth of methamphetamine - or meth - every year, most of it shipped to Asia.
4. Nigeria Is Building A $300 Million Smart Mall In Aba City
The capital city of Abia State in Nigeria, Aba, could soon be home to the largest mall in Africa. A Nigerian businessman is driving the $300 million development, and hopes it will have a multiplier effect on economic development and growth of the city and region. The first phase of 1,000 units of retail space has already been completed.
5. Kenyan Government Installs 'Water ATMs'
The Kenyan government has installed communal water dispensers that gives people access to clean and affordable water. Using pre-paid smart cards, people swipe their card to fill containers with water for a subsidized price, starting at half a US cent per 18 litres of water.
Source: Business Insider
6. South Africa's Rand Weakens as China Growth Woes Weigh
South Africa's rand fell to its weakest in more than two weeks against the dollar as concerns about growth in China, a key importer of local commodities, overrode a boost from a domestic interest rate increase.
Source: CNBC Africa
7. Private Equity is Reshaping Africa's Investment Space
"What Africa needs at its current stage of development is growth capital, which Private Equity (PE) provides. Unlike other forms of investments, PE investments give multiplier effect; creating profits for investors, as well as economic and social benefits for consumers."
Source: Ventures Africa
8. President Kaberuka Advises on Better Ways of Doing Business on the Continent
African Development Bank President, Donald Kaberuka, says that making the distinction that Africa is not a country, instead a continent made up of 54 countries is necessary to ensure that potential business opportunities in African countries are not jeopardised by a single story line whereby negative issues in one country are attributed to the entire continent.
9. List of Ghana's Richest People
Goodman AMC releases 'Ghana Wealth Report', that names the richest people in the west African country, which includes 3 billionaires and 77 multimillionaires who all form part of a group of individuals called the Ultra-High-Net-Worth Individuals (UHNWI).
Source: Goodman AMC
10. Congo-Based Startup Launch Smartphone Manufacturing Plant
Technology startup, VMK, based in the Democratic Republic of Congo, is seeking to capitalize on the increase of smartphones shipment to Africa. Founded by 29-year-old Verone Mankou in 2009, they have launched a production unit of its mobile phones in Congo and plan to assemble around 4 million phones annually.
Source: African Leadership