Connect with us

Hot!

VP Bawumia launches 100-Day countdown to Accra 2023 African Games

Published

on

The Vice President, Dr. Mahamudu Bawumia, on Wednesday, November 29, 2023, launched the 100-day countdown to the 13th African Games, Accra 2023.

Ghana won the bid in 2018 to host the African Games this year, but the Games was rescheduled to March 2024, following unforeseen circumstances, which derailed preparations.

With the government investing so much in developing multi-purpose facilities from scratch in Borteyman, as well as completing the University of Ghana Stadium, renovating hostel facilities for accommodation and building other supporting facilities near the University Stadium, all is now almost set for the Games,  with  the launch of 100-day countdown go viewed as a significant step.

Speaking at the launch, after inspecting facilities at both Borteyman and the University of Ghana, Dr. Bawumia who was quiet impressed with the facilities, highlighted the significance of hosting the game to Ghana.

Advertisement

“In its 57 years of existence, the African Games has been organized on twelve (12) occasions by nine (9) different countries. Out of the 9 countries, Algeria, Congo Brazzaville, and Nigeria have each organized and hosted the Games on two occasions,” Dr. Bawumia said.

“However, despite having Dr. Kwame Nkrumah, the first President of Ghana as founding member of the Games, the question is, why has Ghana not hosted the African Games until now? The answer is simple; there is a time for everything; and this is our time. Ghana is now ready, willing, and capable to organize and host Africa in the biggest sporting competition on the Continent.”

“Sports is now more than just a game. In this regard, the hosting of the 13th African Games goes beyond providing a participatory platform for countries to win medals.”

“Ghana is interested in organizing and hosting the African Games because of its wider cultural, social, health and economic outcomes. Indeed, the Games have the capacity to trigger off a wide range of external benefits, including building social capital, stimulating economic development, facilitating employment opportunities, promoting healthy lifestyles and peaceful coexistence.”

Advertisement

Dr. Bawumia added that the African Games is a major avenue to highlight sports as a means to create jobs for the youth of Africa  as well as “offer the opportunity to leverage sports as a tool for comprehensive sustainable socio-cultural and economic development.”

“Indeed, our Government sees the development, promotion, and organization of sports, especially the African Games as an investment for the future. The construction of modern sports facilities for the African Games is therefore a deliberate effort towards providing additional Infrastructure to propel Sport for Development,” he noted. 

About 5,000 athletes, 3,000 officials and over 30,000 fans are expected in the country for the Games, which will be held between March 8, 2023, and March 23, 2023.

Advertisement
Continue Reading
Advertisement

Hot!

G-NEXID hosts 6th Exchange Programme

Published

on

The Global Network of Export-Import Banks and Development Finance Institutions (G-NEXID) successfully held its sixth (6th) Exchange Programme, hosted by the Ghana Export – Import Bank (GEXIM) Bank in Accra from March 22 to 23 March.

The event brought together member institutions, partner organisations and Ghanaian public entities to advance dialogue on South-South trade, investment and development finance, while also creating opportunities for knowledge-sharing and institutional cooperation.

Organised as a capacity-building and networking platform, the 2026 edition of the G-NEXID Exchange focused on GEXIM’s experience in developing innovative solutions to promote intra-African and extra-African trade.

It also highlighted trade and investment opportunities in Ghana, particularly in the context of the African Continental Free Trade Area (AfCFTA) and broader national development initiatives.

The Exchange Programme forms part of G-NEXID’s mandate to foster cooperation among export-import banks and development finance institutions in support of South-South trade and investment.

Advertisement

This 6th edition follows earlier successful programmes hosted by India Exim Bank (2016), BNDES (2017), Indonesia Eximbank (2018), Afreximbank (2019) and Saudi EXIM Bank (2025).

On the first day, participants were presented with G-NEXID institutional information and received an update on the Network’s 2026 work programme.

There were a series of substantive presentations, including an overview of the Ghanaian economy by the Ministry of Finance, with particular attention to debt-related challenges; a presentation by the Ghana Investment Promotion Centre (GIPC), on investment opportunities in the country; and institutional presentations by GEXIM and Development Bank Ghana (DBG) on their respective mandates, initiatives, products and services.

Discussions during the sessions underscored strong interest in sector-focused webinars and business dialogues, particularly in agribusiness value chains such as poultry and rice.

Advertisement

Participants also emphasized the importance of continued information exchange and the sharing of best practices, especially in the area of guarantees.

The second day opened with a presentation on the 24-Hour Economy and Accelerated Export Development Programme, a national economic transformation strategy launched by President John Dramani Mahama in July 2025.

The initiative aims to enhance economic productivity through continuous industrial activity, accelerated export development and strategic import substitution.

As the programme is expected to mobilise both private and development capital, it presents concrete opportunities for G-NEXID members in areas such as co-financing, guarantees, trade finance and technical cooperation.

Advertisement

The programme also featured institutional presentations by guest organisations, namely the African Guarantee and Economic Cooperation Fund (FAGACE) and the West African Development Bank (BOAD), which shared their mandates, initiatives, products and services.

Following these exchanges, the G-NEXID Secretariat held bilateral discussions with both institutions as part of the Network’s ongoing membership drive.

Participants further benefited from a presentation by the Eastern and Southern African Trade and Development Bank (TDB), as well as a showcase of GEXIM’s key pipeline projects.

On the margins of the Exchange Programme, G-NEXID members also held their 20th Annual General Assembly Meeting to review progress and discuss strategic priorities.

Advertisement

Following the event, participants joined the GEXIM@10 International Conference, held from March 24-25, 2026 under the theme, “A Decade of Enabling Export Trade and Industrial Transformation: Resetting GEXIM for the Next Frontier.”

The conference provided an important platform for exploring how Ghana can strengthen its transition from a primary commodity exporter to a more competitive player in value-added trade and industrial development.

Source – G-NEXID

Advertisement
Continue Reading

Hot!

President Mahama signs five bills into law

Published

on

President John Dramani Mahama on Tuesday, March 31, 2026, signed five bills including three amendment bills passed by Parliament into law.

They are: Security and Intelligence Agencies Bill, 2025; University of Engineering and Agricultural Sciences Bill, 2025; Ghana Deposit Protection (Amendment) Bill, 2025; Growth and Sustainability Levy (Amendment) Bill, 2026; and Education Regulatory Bodies (Amendment) Bill, 2026.

In a brief remark after assenting to the bills, President Mahama explained that the Security and Intelligence Agencies Act, 2026, scraps the Office of Minister of National Security and frees the President’s to appoint any Minister to supervise the security agencies.

He said it also reverses the name of the office of National Intelligence Bureau (NIB), to the original name, Bureau of National Intelligence, (BNI).

Advertisement

This the President said, addresses the confusion between that security agency and a well-known Ghanaian financial institution, the National Investment Bank.

President Mahama also noted that the University of Engineering and Agricultural Sciences Act, 2026, establishes another University in the Eastern Region, at Bonsu, with three campuses – the main campus at Bonsu in the Eastern Region, with the second campus to be cited at Ohawu in the Oti Region.

The third, the Presdient assed will be located at Acherensua in the Ahafo Region.

Touching on the Amendment to the Growth and Sustainability Levy Act, the President said, “As you’re aware, the act was amended to increase it from 1% to 3%, and so this act reduces it again. That is the levy on mining companies. It reduces it again to 1%, because of the introduction of the sliding scale of royalties.”

Advertisement

He also spoke to the passage of the Government Education Regulatory Bodies Amendment Act, emphasising that amends Act 1023 to grant greater flexibility to private tertiary institutions and the option to Charter.

The Ghana Deposit Protection Amendment Act, the President concluded, is an amendment to an original act that was supposed to guarantee deposits held in commercial banks or financial institutions.

It basically expands protection to include mobile money wallets and other digital platforms, ensuring a wider scope of digital financial assets are secured.

The signing ceremony, was witnessed by the Clerk of Parliament, Mr. Ebenezer Ahumah Djietror, Secretary to the President, Dr Callistus Mahama, the Minister of Justice and Attorney General, Dr Dominic Akrutinga Ayine, Chief of Staff, Julius Debrah, Joyce Bawa Mogtari, a Senior Presidential Advisor and a Special Aide to the President, Finance Minister, Dr Cassiel Ato Baah Forson, and the Vice President, Professor Jane Naana Opoku Agyemang.

Advertisement
Continue Reading
Advertisement

Trending