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Articles by David Adadevoh
Fiscal Discipline Must Continue to Protect Economy – Deloitte
Business Home » Ghanaian Times » Fri 21st Nov, 2025 » Fiscal Discipline Must Continue to Protect Economy – Deloitte Professional services firm Deloitte has urged the Ghanaian government to sustain fiscal discipline by deepening reforms in revenue mobilisation and expenditure management. The firm emphasised that maintaining a primary surplus and further narrowing the fiscal deficit will be crucial for long-term debt sustainability.
Ghana: SSNIT Outlines Path to Full Automation, Enhanced Returns
The Social Security and National Insurance Trust (SSNIT) has initiated moves to fully automate all member businesses as part of its long-term strategy to enhance efficiency and returns. The move is accompanied by a comprehensive restructuring of the institution's investment portfolio to prioritise high-yield areas such as the short end of the market.
Ghana’s oil output, revenues fall …as new investments dry up —PIAC
Business Home » Ghanaian Times » Fri 24th Oct, 2025 » Ghana’s oil output, revenues fall …as new investments dry up —PIAC Ghana has not been able to attract new investments in its upstream petroleum industry, the Public Interest and Accountability Committee (PIAC) has stated.
IATF2025: The $48bn wake-up call for Africa’s trade agenda
When the curtain fell on the Intra-African Trade Fair (IATF2025) in Algiers, the atmosphere was charged with optimism. A record-breaking $48.3 billion in trade and investment deals had been sealed over the week-long gathering, the largest in the fair’s history. More than 112,000 participants from 132 countries had walked its halls, where over 2,100 exhibitors—from automotive manufacturers to fashion entrepreneurs—showcased the continent’s ingenuity.
Africa: ATFS2025 - African Trade Experts to Meet in Abidjan - - Trade Finance Gap High On Agenda
As global financial headwinds continue to squeeze emerging markets, Africa's trade finance gap, estimated at up to $100 billion annually, will once again come under the spotlight. To help close this gap, Afreximbank will host the 25th edition of its flagship Trade Finance Seminar (ATFS2025) in Abidjan from November 4-6, 2025.
ATFS2025: African trade experts to meet in Abidjan — trade finance gap high on agenda
Business Home » Ghanaian Times » Fri 10th Oct, 2025 » ATFS2025: African trade experts to meet in Abidjan — trade finance gap high on agenda As global financial headwinds continue to squeeze emerging markets, Africa’s trade finance gap, estimated at up to $100 billion annually, will once again come under the spotlight. To help close this gap, Afreximbank will host the 25th edition of its flagship Trade Finance Seminar (ATFS2025) in Abidjan from November 4-6, 2025.
Afreximbank’s ARIH seeks to unlock US$70 b annual economic gains for Africa
Business Home » Ghanaian Times » Fri 19th Sep, 2025 » Afreximbank’s ARIH seeks to unlock US$70 b annual economic gains for Africa The African Research and Innovation Hub (ARIH) recently launched by the African Export-Import Bank (Afreximbank) is seeking to unlock up to US$70 billion annually in economic gains for Africa by boosting innovation-driven sustainable growth.
Africa: Nigeria to Host Intra-African Trade Fair in 2027
Nigeria has been selected as the host country for the 2027 Intra-African Trade Fair (IATF), with Lagos serving as the host city.
Nigeria to host Intra-African Trade Fair in 2027
Business Home » Ghanaian Times » Fri 05th Sep, 2025 » Nigeria to host Intra-African Trade Fair in 2027 Nigeria has been selected as the host country for the 2027 Intra-African Trade Fair (IATF), with Lagos serving as the host city.
Ghana: Majority of Banks Meet Recapitalisation Requirements - IMF
The International Monetary Fund (IMF) says the majority of the thirteen banks that experienced capital deficiencies following the Domestic Debt Exchange Programme (DDEP) have achieved or exceeded their recapitalisation goals by the end of 2024. The IMF in its latest Country Report on Ghana released yesterday attributed the progress to strong post-Domestic Debt Exchange profitability and support from the Ghana Financial Stability Fund (GFSF).
Africa: Dr Samuel Maimbo Outlines His Vision for Africa ...As He Seeks Mandate to Lead African Development Bank
Dr Samuel Munzele Maimbo, a presidential candidate for the African Development Bank (AfDB), says his vision is to substantially enhance the development of the African continent by aiding governments in tackling the intricate challenges they face. He expressed his commitment to advocating reforms within the AfDB to position it as a premier institution that will champion the growth agenda.
Afreximbank launches African Research and Innovation Hub to advance academia understanding of intra-African trade
Business Home » Ghanaian Times » Thu 30th Jan, 2025 » Afreximbank launches African Research and Innovation Hub to advance academia understanding of intra-African trade Afreximbank, in collaboration with African Union Commission and AfCFTA Secretariat, has launched its new initiative the “African Research and Innovation Hub @IATF”, during the 4th Intra-African Trade Fair (IATF2025).
Ghana Sees Surge in Visa Applications
The number of visa applications processed in 2023 from Ghana has nearly doubled from 2022, Hariprasad Viswanathan, Head - Sub Saharan Africa, VFS Global, has said. He said applications processed at the Ghana Passport Premium Application Centres run by VFS Global have seen a 30 per cent rise during the year, underlining the desire to travel overseas by the residents of Ghana. 2023 was the year of a significant rise in global outbound travel across the world, including in countries such as Ghana.
The Clermont Victoria – a hidden, historical gem in Central London.
Business Home » Ghanaian Times » Mon 27th Nov, 2023 » The Clermont Victoria – a hidden, historical gem in Central London. When it comes to the hospitality industry, it is the little details that truly demonstrate the effort a hotel or restaurant has put into guests’ comfort. There were three things that immediately impressed me about The Clermont, Victoria Hotel, when I walked in.
Algeria wins bid to host 4th Intra-African Trade Fair
Business Home » Ghanaian Times » Tue 21st Nov, 2023 » Algeria wins bid to host 4th Intra-African Trade Fair Algeria has been selected by The African Export-Import Bank (Afreximbank) to host the fourth edition of the Intra-African Trade Fair (IATF2025) in 2025 The Intra-African Trade Fair (IATF) has emerged as a significant platform for promoting trade and investment across the African continent.
Ghana: At Iatf 2023 - Deals Worth U.S.$1 Billion Signed On Day 3
Financing and other agreements valued in excess of 1 billion dollars have been signed on the third day of the ongoing Intra-African Trade Fair (IATF2023). The deals were signed between the African Export-Import Bank (Afreximbank) and several leading business entities from across the continent.
Africa Energy Bank to Reduce Dependence On Foreign Funding in the Offing - Director, Projects and Asset Based Finance, Afreximbank
The African Export-Import Bank (Afreximbank) says it is in an advanced discussion with the African Petroleum Producers Organisation, (APPO) for the establishment of an African Energy Bank in support of an Africa-led energy transition strategy.
Africa: All Hands Must Be On Deck to Make AfCFTA Work - Prof. Oramah
Cairo — Professor Benedict Oramah, President and Chairman of the Board of Directors of the African Export-Import Bank (Afreximbank), has urged key stakeholders in Africa to ensure that the African Continental Free Trade Agreement (AfCFTA) is utilised to promote intra-African trade.
Ghana: British Airways London Gatwick to Accra Route Offers Passengers More Choices ...No Plans to Move Heathrow-Accra-Heathrow Flights
British Airways says its new route to the Gatwick Airport is not a strategy to eventually move flights from Ghana away from the Heathrow Airport, but it is to offer passengers more choices. "I have given my promise that we are not calling off the Heathrow airport," Neil Chernoff, Director of Networks and Alliances, British Airways said.
Africa: Russia-Africa Economic and Humanitarian Forum Offers Hope for Africa's Development
St. Petersburg hosted the Second Summit and Russia-Africa Economic and Humanitarian Forum on July 27-28, 2023 marking the second time that events of such a magnitude with a focus on a wide range of relations between Russia and the countries of the African continent have been held.
Africa, Russia to Deepen Cooperation in Sports
Cooperation in sports between Russia and African countries was the main topic of the session 'Sport: A Bridge of Friendship between Russia and Africa at the Russia-Africa Economic and Humanitarian Forum held in St. Perterburg, Russia. Speaking at the event, the Russian Minister of Sport, Oleg Matytsin, suggested expanding cooperation with African countries in terms of educational programmes, as well as in the field of high-performance and mass sports.
Africa: Creative Arts Industry to Deepen Ties Between Africa, Russia
The Innosocium Foundation, a social platform of the Roscongress Foundation, held a session entitled 'Cultural Products and Brands for a Creative Economy' at the Russia-Africa Economic and Humanitarian Forum in held St Petersburg, Russia. Participants discussed new opportunities for cooperation, development of culture and art, expansion of cultural ties, and implementation of joint creative projects between Russia and Africa in the creative industries.
Africa: Russian Mineral Fertiliser Producers to Double Shipments to Africa
Russian producers of mineral fertilisers say they are ready to double their shipments to African countries in the next five years. This was announced by Andrey Guryev, President of the Russian Fertiliser Producers Association (RFPA), on the sidelines of the just-ended second Russia-Africa Summit held in Saint Petersburg, Russia. He said increasing volumes and expanding the geographical scope of shipments to Africa was top on the agenda of the producers.
Afreximbank opens Caribbean office in Barbados
Afreximbank opens Caribbean office in Barbados The African Export-Import Bank (Afreximbank) has officially opened the Caribbean office of the Bank, while reaffirming the US$1.5 billion credit limit made available to support eligible CARICOM States. The Afreximbank Caribbean Office will support the implementation of the Partnership Agreement between Afreximbank and CARICOM member states aimed at expanding Africa-Caribbean trade and investment relations.
Africa, Russia to deepen cooperation in sports
Africa, Russia to deepen cooperation in sports Cooperation in sports between Russia and African countries was the main topic of the session ‘Sport: A Bridge of Friendship between Russia and Africa at the Russia–Africa Economic and Humanitarian Forum held in St. Perterburg, Russia.
Ghana: Economy Back On Recovery
The Ghanaian economy is on the right path to recovery after serious economic difficulties as a result of the COVID-19 pandemic and the unprecedented global turbulence, Mr Ken Ofori-Atta, Minister of Finance, has said. He said the economy was confronted by major external shocks coupled with domestic vulnerabilities triggered by credit rating downgrades, tightened domestic financing conditions, and increased cost of borrowing.
Africa: Russia, Africa Resolve to Develop Mutual Partnerships
Russia and Africa have resolved to continue to develop mutually beneficial partnerships and seek new forms and areas to speed the development of the African continent, President Vladimir Putin of Russia has disclosed. He said his country and the representatives of 49 African countries, including 17 heads of state who attended the just-ended Russia-Africa summit, have also agreed to push a multi-polar world order and fight neocolonialism.
Ghana: MANSA , PAPSS Digital Platforms to Facilitate Trade, Boost Economic Development - Mr Gabriel Edgal
Ghana: MANSA , PAPSS Digital Platforms to Facilitate Trade, Boost Economic Development - Mr Gabriel Edgal By David Adadevoh The Chairman and CEO of Oakwood Green Africa, Mr Gabriel Edgal, has emphasised the transformative impact of Afreximbank's digital platforms, including the MANSA and Pan-Africa Payment and Settlement System (PAPSS) platforms, on Ghana's economic development and participation in intra-African trade.
Ghana: At Afreximbank Meeting - Panellists Urge African Govts to Seek Long-Term, Cheap Funding for Development
Panellists at the Africa-Import-Export-Bank (Afreximbank) have called on African governments to negotiate long-term and cheap funding to support their economies. They also suggested that governments in Africa must put in place policies to raise money locally to finance development projects. According to them, long-term funding and mobilising resources locally would help reduce the growing debts of the respective African countries and give them a financial reprieve.
Ghana: Afreximbank's Annual Meeting Opens in Accra ... Insurance Subsidiary to Support Intra-African Trade Launched
Speakers at the opening of the 30th annual general meeting of the African Export-Import Bank (Afreximbank) in Accra on Sunday have stressed the need for Africa to boost intra-African trade and integration in the face of the challenges resulting from the impact of the global COVID-19 pandemic and the adverse economic challenges due to the Ukraine crisis and other global conflicts. The meeting is also being held to celebrate the 30th anniversary of the establishment of Afreximbank.
Africa: At Annual Meeting of Afreximbank - Let's Create Resilient Financial Institutions ...to Accelerate Africa's Devt, Growth - President
Africa needs to build strong and resilient financial institutions if it wants to accelerate her development and growth, President Nana Addo Dankwa Akufo-Addo, has said. He said Africa could not continue rely on financial institutions in the developed economies to raise financial resources to build her economy. President Akufo-Addo said this at the opening of the Annual Meetings of the 30th Anniversary of the African-import-Export-Bank (Afreximbank) in Accra, yesterday.
Africa: 'Afreximbank to Double Support for Intra-Africa Trade and Investment'
The Afreximbank, the foremost Pan-African organisation projects to double its support for Intra-Africa trade and investment to $40 billion by 2026, Governor of the Bank of Ghana, Dr Ernest Addison, has said. "Prior to the implementation of the African Continental Free Trade Area Initiative (AfCFTA) $20 billion in support of intra-African trade and investments," he stated at the 30th Afreximbank Annual Meeting in Accra yesterday.
‘Afreximbank to double support for Intra-Africa trade and investment’
‘Afreximbank to double support for Intra-Africa trade and investment’ The Afreximbank, the foremost Pan-African organisation projects to double its support for Intra-Africa trade and investment to $40 billion by 2026, Governor of the Bank of Ghana, Dr Ernest Addison, has said.
Ghana: Researchers Call for Enhanced Women Participation in Labour Market
Ghana: Researchers Call for Enhanced Women Participation in Labour Market By David Adadevoh A group of researchers from the Economics Department of the University of Ghana, working on economic empowerment for women, has called for enhanced interventions to enable women to actively participate in Ghana's labour market. According to the researchers, women's participation in the labour market for paid work in both the formal and informal sectors, remained significantly low.
Ghana: IMF Support Will Restore Macroeconomic Stability - Fund
The International Monetary Fund has confirmed that a staff team is expected in Ghana this week to continue discussions with the government on policies and reforms that can be supported by the Fund. "An IMF staff team, led by Stéphane Roudet, Mission Chief for Ghana, will visit Accra from September 26 - October 7 to continue discussions with the Ghanaian authorities on policies and reforms that could be supported by an IMF lending arrangement," the Fund said in a statement on its website.
Ghana: Govt, Private Sector Must Find Answers to Manufacturing Sector Problems - GIPC
Ghana: Govt, Private Sector Must Find Answers to Manufacturing Sector Problems - GIPC By David Adadevoh The Chief Executive Officer of Ghana Investment Promotion Centre (GIPC), MrYofi Grant, says it has become more crucial to work collectively to find answers to problems besetting Ghana's manufacturing sector due to the disruption in value-chains and other industrial challenge.
Ghana: Afreximbank Takes Trade, Investment Drive to Caribbean... to Hold Maiden Actif in Barbados
The maiden AfriCaribbean Trade and Investment Forum (ACTIF) aimed at boosting trade and investment between Africa and the Caribbean will be held in the Republic of Barbados. Slated for September 1-3, 2022 it is being convened by the African Export-Import Bank (Afreximbank) in collaboration with African Union Commission (AUC), African Continental Free Trade Area (AfCFTA) Secretariat, Africa Business Council, the Caribbean Community Secretariat, and Caribbean Export Development Agency.
Africa: Afreximbank to Double Support for Intra-African Trade - Kanayo Awani
Afreximbank is to double its support to Intra-African trade and investments in the next five years, Mrs Kanayo Awani, Managing Director, Intra-African Trade Initiative, Afreximbank has said. She said over the past five years the Bank through this Intra-African Trade Group had disbursed about $20 billion and was committed to doing more.
Africa: Ukraine Crises - Afreximbank Establishes U.S.$4 Billion Adjustment Trade Finance Programme for Africa
The ongoing Ukraine crisis presents new challenges to Africa as it is hindering access to grains, fertilisers and petroleum products, Professor Benedict Oramah, President and Chairman of the Board of Directors of African Export-Import Bank (Afreximbank) has said. He said the crises have led to galloping inflation in many African countries, which were only beginning to recover from the COVID-19 pandemic.
Ghana: Afreximbank, ITC Partner to Train Young Entrepreneurs
Afreximbank is partnering with the International Trade Centre (ITC) to train small business owners and young entrepreneurs in Africa to trade with other African countries as part of the new African Continental Free Trade Area (AfCFTA), Professor Benedict Oramah, President and Chairman of the Board of Directors, has announced.
Ghana: We'll Prioritise Customer Satisfaction to Sustain Our Growth Performance - Ecobank MD
Ecobank Ghana says it will work to sustain its strong performance in the first quarter of 2022 by placing customers at the heart of its operations, Managing Director, Daniel Sackey, has said. "Our performance for the first quarter of 2022 has been encouraging and we expect the growth trend to remain positive but are mindful of the headwinds due to the current inflationary pressures and supply chain disruptions," he said at the 2022 Annual General Meeting of the bank in Accra on Friday.
Ghana: BOST Sets Ambitious Expansion Target for This Year
The Bulk Oil Storage and Transportation Company Limited (BOST) is planning to lay new pipelines in the country as part of a strategy to expand its operations. The Managing Director of BOST, Edwin Provencal, said one of the proposed lines earmarked for short term construction would be between Accra and Kumasi to improve the turnaround time and cost of delivery of products. "In the long term the company is considering more pipelines.
Ghana: Afreximbank Earmarks U.S.$ 40 Billion to Support Intra - African Trade
African Export-Import Bank (Afreximbank) says it is poised at disbursing $40 billion to support intra-African trade over the next five years, building on the $20 billion disbursed in the past five years. Professor Benedict O.
Africa Banks Hope On Trade and Investment... As Intra-African Trade Fair Begins
Durban — The Intra-African Trade Fair (IATF2021) hosting key stakeholders from the world of trade, including entrepreneurs, financiers, governments, and regulators, on one platform to deliberate on trade acceleration and investment throughout the African continent has opened in Durban, South Africa yesterday.
Ghana: Banking Industry Agree Digital Industry Currency Will Impact Sector - PWC Survey Reveals
As the Bank of Ghana is taking steps to introduce e-Cedi or digital cash, 70 percent of bank executives are convinced that the use of this form of currency will be prominent within three to five years, the PwC Ghana Banking Survey 2021 has revealed. The survey indicated that, such bank executives of 20 out of 23 banks, however, stressed that user experience would be at the core of product acceptance among the public, and drive demand, use, and penetration.
Ghana: Add GhQR to Regular Modes of Payment - GhIPSS
The Chief Executive of the Ghana Interbank Payment and Settlement Systems (GhIPSS) Archie Hesse has urged the public to consider GhQR as one of their regular modes of payments. This, he explained, would enable more people enjoy the benefits associated with the service considered simple, efficient and secured. Ghana added GhQR to its electronic payment channels in March last year, as part of efforts to modernise the payment system.
Ghana: Reducing Leakages in Fuel Value-Chain - SML Saves Ghana Gh¢1bn in 10 Months
Efforts by the government to increase revenue and reduce leakages in the downstream fuel-value chain is yielding positive results as Strategic Mobilisation Ghana Ltd (SML), Ghana's-first digital project to monitor petroleum products across 16 depots in the country, recorded one billion cedis in revenue.
Ghana: British Airways Plans to Move Accra Flights to Gatwick Denied
The Ministry of Aviation says it has rejected British Airways (BA)'s plan to move the London-Accra-London flights from the Heathrow Airport to Gatwick Airport this summer.
Ghana: Govt Fails to Allocate Funds to Giif for Second Year Running - Piac
For the second conservative year, the government has not made any allocation from the Annual Budget Funding Amount (ABFA) to the Ghana Infrastructure Investment Fund (GIIF) despite the Fund raking in 5.5 million dollars returns on its investment in the 30 million dollar KIA terminal 3 project in three years.
Ghana: GSE Wants Policies to Attract Ghanaian Companies List On Accra Bourse
The government has been urged to consider instituting policies to attract Ghanaian companies to list on the Ghana Stock Exchange. The move according to Mr Ekow Afedzie, Managing Director, GSE would enable the companies to raise long-term capital to expand their businesses. He made the call in Accra on Tuesday when the President, Nana Addo Dankwa Akufo-Addo paid a visit to the floor of the GSE.
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