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ACEX poised to change African narrative
African Consolidated Exchange (ACEX) has expressed their readiness to change the African narrative by revolutionalising the economic outlook of Ghana and Africa.
ACEX is a platform that is the first of its kind in Africa to allow patrons trade the various forms of cryptocurrencies on a single platform.
Speaking at the launch at the International Leadership Institute, East Legon-Accra, the Country Representative, John Amihere, said the story of Africa had been told wrongly and it behove Africans to help retell the true story.
Against this backdrop, he said they believed education coupled with adequate regulation in the forex and crypto space could change things for the better.
He noted that their offers opportunity for those who recommend brokers, and also create opportunity in venture capital which partners credit unions as well as savings and loans with the aim of injecting capital into their businesses.
Mr. Amihere said this initiative which is already existent in Kenya, Nigeria, Zambia and other African countries aimed at building the financial muscles of smaller businesses.
With this across other African countries it is their conviction that the unfortunate global payment challenges across the African continent would be resolved.
He added that Bank of Ghana’s resolve to pilot digital currency would go a long way to change the perception about crypto trading.
Mr. Amihere further urged Africans to embrace and enact laws to regulate crypto trading because it is the future.
By Edem Mensah-Tsotorme
Ghana’s First Lady, Lordina Mahama, has made a generous donation to the country’s national female Under-17 and Under-20 teams – Black Maidens and Black Princesses- as they continue preparations for major international assignments.
The donation, made on Friday, May 22, was presented on behalf of the First Lady by the Minister for Gender, Children and Social Protection, Agnes Naa Momo Lartey, at the GFA Technical Centre in Prampram.
The gesture forms part of efforts to motivate and support Ghana’s young female footballers as they prepare to represent the country on the international stage.
The donation included essential food items and toiletries aimed at supporting the welfare and well-being of the players and technical teams.
The donation included cartons of Milo, T-rolls, soft drinks, toiletries, and a range of essential supplies aimed at supporting the welfare of the players, enhancing camp conditions, and easing preparations ahead of their respective assignments.
The Black Maidens are currently engaged in preparations for the FIFA U-17 Women’s World Cup qualifiers and are set to take on Liberia women’s national under-17 football team in the second-leg encounter in Liberia this weekend.
Meanwhile, the Black Princesses have already secured qualification to the FIFA U-20 Women’s World Cup after overcoming Uganda in the qualifiers, extending Ghana’s remarkable record to eight consecutive appearances at the tournament.
The donation by the First Lady was expected to boost morale within both camps while reinforcing national support for the young female footballers who continue to make the country proud.
The prosecution has officially rested its case in The Republic v Solomon Asamoah & Another, the high-profile legal battle commonly referred to as the “Sky Train” case.
The Deputy Attorney General Justice Srem Sai announced the development, praising the state’s team of hard-working prosecutors for successfully anchoring the state’s evidence before the High Court.
The criminal trial centers on the former Chief Executive Officer and the former Board Chairman of the Ghana Infrastructure Investment Fund (GIIF).
The duo stands accused of illegally authorizing and paying out US$2 million to a foreign company without obtaining board directives or other mandatory statutory approvals.
State investigators have confirmed that the disbursed millions cannot be found.
Following the closure of the prosecution’s case, the accused persons moved the court for an opportunity to file a submission of no case.
The presiding judge granted the application, ordering the defense to submit their arguments by June 8.
The outcome of the June 8 filings will decide the fate of the trial:
With this, if the judge finds the defense’s submission convincing, the accused will be acquitted and discharged however, If the judge dismisses the submission, the court will order the accused officials to take the stand and explain why they should not face prison sentences.
By Edem Mensah-Tsotorme
