Ghana Market Profile

July 25, 2014 - 3:10pm from MicroCapital
Gemalto, a publicly traded digital security firm located in the Netherlands, reportedly has announced its support of the Pan-African Mobile Health Initiative (PAMI), which uses mobile phones to address issues in nutrition and maternal and child health in seven African countries. The PAMI initiative is run by the UK-Based GSM Association, a group of 800 mobile operators and 250 other companies worldwide that promotes the Global System for Mobile communications (GSM), formerly known as ...
July 24, 2014 - 12:59pm from Accion Ambassadors
For those who were lucky enough to travel on the African continent and experience a real African market, Accra’s Tudu market is no exception to the vibrant environment you are faced being in any one of them. Tudu market is one of the main markets in Accra, offering business activities ranging from clothing to vegetable selling all along a wide and long road, which, now that I am thinking about it, doesn’t seem  wide anymore with its numerous street vendors and car drivers trying to make ...
July 24, 2014 - 5:03am from MicroCapital
ActivEdge Technologies, a Nigeria-based company, and SAP Africa, the South Africa-based branch of German software provider Systemanalyse und Programmentwicklung (SAP), reportedly have partnered to offer a mobile money-transfer service to customers in Nigeria.The partnership will allow ActiveEdge to offer various SAP services including SAP Mobile Banking, which allows customers to access banking services remotely; SAP Mobile Consumer Payment, which allows customers to make retail and ...
July 23, 2014 - 2:37pm from MicroCapital
Mobile Telecommunications Network (MTN) Rwanda, the Rwandan branch of South Africa-based mobile telecommunications company MTN reportedly has announced a partnership with Kenya Commercial Bank Group (KCB) and I&M Bank, which both offer corporate and retail banking services in Kenya, and RSwitch, an electronic payment service firm based in Rwanda, to offer cardless automated teller machine (ATM) services in Rwanda. The partnership will allow clients of MTN to access services through ...
July 22, 2014 - 12:13pm from Accion Ambassadors
Last Sunday, I set foot for the first time in Lagos, Nigeria, accompanied by my two great supervisors, Francis (from Uganda) and Kwashie (from Ghana ). What a busy and lively city, was my first reaction after the 45 minute flight from Accra. We landed to the Lagos’s Murtala Muhammed airport (MMA). MMA is a bit larger than the Accra Kotoka airport, and, according to the
July 15, 2014 - 11:59am from Microfinance Nigeria
The West Africa Microfinance Conference (WAMIC) 2014 will serve as a road map for agenda setting in the sector, Executive Director, African Centre for Peace Building (AFCOPB), Mr. Korsi Senyo, has said. Senyo who spoke to Financial Vanguard said: “The 2014 WAMIC is not only going to be one of the biggest gathering of Microfinance Institutions (MFIs) players in the West African sub-region but would also present an opportunity to develop a road map to a legislative framework for the ...
July 15, 2014 - 11:59am from Microfinance Africa
The West Africa Microfinance Conference (WAMIC) 2014 will serve as a road map for agenda setting in the sector, Executive Director, African Centre for Peace Building (AFCOPB), Mr. Korsi Senyo, has said. Senyo who spoke to Financial Vanguard said: “The 2014 WAMIC is not only going to be one of the biggest gathering of Microfinance Institutions (MFIs) players in the West African sub-region but would also present an opportunity to develop a road map to a legislative framework for the ...
July 14, 2014 - 3:55pm from MicroCapital
The Grameen Credit Agricole Microfinance Foundation (GCAMF), which is based in Luxembourg and invests in “social businesses,” recently informed MicroCapital that it has made an investment of USD 500,000 in Nairobi-based Agriculture and Risk Enterprise Limited (ACRE), a microinsurance provider that aims to launch products in East and West Africa in exchange for an 8-percent stake in the company. ACRE grew out of the “Kilimo Salama” program of the Switzerland-based Syngenta Foundation for ...
July 14, 2014 - 3:55pm from CGAP Microfinance Blog
In December 2013, Leapfrog Investments, a specialist investor in emerging markets and financial services, sold an insurance company in Ghana to a gargantuan British insurer for an undisclosed sum. This sale, of Express Life Insurance Company of Ghana to Prudential Plc, was the first reported exit by a microinsurance investor. It provided evidence that microinsurance in emerging markets can become an attractive investment to global players interested in having an impact in emerging markets ...
July 13, 2014 - 4:28pm from Microfinance Nigeria
NIGERIANS have since aligned with the argument put up by the Central Bank of Nigeria (CBN) in pushing for an economy that will reduce sundry risks associated with cash transactions. But how it could be sustained in the face of poor infrastructure remains a major issue, even as its implementation in all the 36 states broadens the sustainability question. If Lagos, and, later, Abia, Anambra, Ogun, Kano and the Federal Capital Territory still struggle through the associated ...
July 13, 2014 - 4:28pm from Microfinance Africa
NIGERIANS have since aligned with the argument put up by the Central Bank of Nigeria (CBN) in pushing for an economy that will reduce sundry risks associated with cash transactions. But how it could be sustained in the face of poor infrastructure remains a major issue, even as its implementation in all the 36 states broadens the sustainability question. If Lagos, and, later, Abia, Anambra, Ogun, Kano and the Federal Capital Territory still struggle through the associated ...
July 12, 2014 - 11:32am from MicroCapital
The Bank of Ghana, the central bank of the country, whose responsibility includes regulating microfinance organizations, has chosen not to freeze the number of newly issued microfinance licenses and plans to weigh other alternatives to manage growth in the industry. Raymond Amanfu, the head of the central bank’s Other Financial Institutions Supervision Department, who had announced the licensure freeze in January, recently declared that limiting the number of microfinance licenses would ...
July 10, 2014 - 7:00am from Microfinance Nigeria
The Chief Executive Officer (CEO) of KKA Empire Microfinance Company in Kumasi, Mr Obed Justice Kwaku Asare, has called on the Bank of Ghana (BoG) to give the Ghana Association of Microfinance Companies (GAMC) the power to monitor the activities of microfinance companies in the country. That, according to him, is one of the best ways of streamlining microfinance operations in the country rather than the current thread of “insanity” in the industry. There were about 600 ...
July 10, 2014 - 7:00am from Microfinance Africa
The Chief Executive Officer (CEO) of KKA Empire Microfinance Company in Kumasi, Mr Obed Justice Kwaku Asare, has called on the Bank of Ghana (BoG) to give the Ghana Association of Microfinance Companies (GAMC) the power to monitor the activities of microfinance companies in the country. That, according to him, is one of the best ways of streamlining microfinance operations in the country rather than the current thread of “insanity” in the industry. There were about 600 ...
July 9, 2014 - 12:16am from Google news - microfinance
'Empower microfinance association to monitor members'GhanaWebThe Chief Executive Officer (CEO) of KKA Empire Microfinance Company in Kumasi, Mr Obed Justice ...
July 9, 2014 - 12:13am from Google news - microfinance
'Empower microfinance association to monitor members'GhanaWebThe Chief Executive Officer (CEO) of KKA Empire Microfinance Company in Kumasi, Mr Obed Justice Kwaku ...
July 8, 2014 - 5:03am from MicroCapital
The International Finance Corporation (IFC), the private-investment arm of the World Bank Group, recently signed a cooperation agreement with the Chadian Ministry of Planning and International Cooperation, the governmental body charged with organizing and implementing development projects in the country, to support the development of leasing options for small and medium-sized enterprises (SMEs) in Chad. As a result of this agreement, IFC plans to lay the groundwork for leasing options for ...
July 7, 2014 - 5:03am from MicroCapital
Event Name: 2nd West African Microfinance Conference Event Date: July 23-24, 2014 Event Location: The Miklin Hotel, Accra, Ghana  Cost: The cost to attend the event is GHS 350 (USD 117) for Ghanaian participants and USD 250 for international participants. Summary of Event: This conference will focus on the theme of “reducing extreme poverty through microfinance” and is designed to bring together West African financial policymakers, microfinance operators and ...
July 3, 2014 - 1:27pm from Development Impact - News, views, methods, and insights from the world of impact evaluation
So there I was, a graduate student doing my PhD fieldwork.    In the rather hot office at the University of Ghana, I was going through questionnaire after questionnaire checking for consistency, missed questions and other dimensions of quality.   All of a sudden I saw a pattern:  in the time allocation questions, men in one village seemed to be doing the exact same things, for the same amount of time, on two very different days of the week.    
July 2, 2014 - 4:52pm from MicroCapital
The International Finance Corporation (IFC), the private-investment arm of the World Bank Group, reportedly has committed USD 15 million to EuroMena III, a 7-year closed-end private equity fund that aims to invest in small and medium-sized enterprises (SMEs) in Egypt, Lebanon and Jordan. The fund will also consider investment opportunities in other countries in the Middle East and North Africa (MENA) region. The fund will focus on companies that create new employment opportunities and ...