The African Agribusiness Consortium (AAC), a subsidiary of the Jospong Group of Companies, has secured 750 acres of irrigated land at Konadu in the Kwahu Afram Plains from the Ministry of Food and Agriculture (MoFA) to establish a large-scale vegetable production facility. The land allocation forms part of an agreement between the Ministry and AAC aimed at translating investment in…
The Bank of Ghana (BoG) has directed banks and specialised deposit-taking institutions to reduce their non-performing loan (NPL) ratios to no more than 10 per cent by the end of December 2026, as the central bank pushes for stronger credit risk management and financial stability. Governor of the Bank of Ghana, Dr Johnson Pandit Asiama, said although the banking sector’s…
Ghana's dominant mobile money operator is pressing the country's fintech industry to accelerate its shift from text-based USSD services to smartphone apps, arguing that the change is essential both to improve customer experience and to blunt a wave of increasingly sophisticated fraud. Shaibu Haruna, chief executive of MobileMoney (MoMo) Fintech Limited, told a gathering of industry executives including members of…
