Africa

Level of inefficiency at Ghana's public sector shocking - Stanchart CEO

Kweku Bedu Addo, Outgoing CEO of Standard Chartered Bank Ghana

It’s been difficult getting the private sector, in this modern ICT age, to drive the levers of growth for the local economy, outgoing CEO of StanChart Ghana has said.

According to Kwaku Bedu-Addo, “Over a 30-year period, I think that we are struggling as a country… we are struggling to assert our economic identity. We are struggling to create wealth and distribute it equitably through a fair social contract.”

The experienced banker made the observation during a discussion on the Super Morning Show on Joy FM with Nhyira Addo on Wednesday.


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University of Ghana Medical Centre the best in Africa- Mahama

University of Ghana Medical Center, Legon

President John Dramani Mahama says the establishment of the University of Ghana Medical Centre (UGMC) with ultra-modern equipment will make the institution one of the best in Africa.

He said this at the inauguration of the first phase of the Centre yesterday in Accra.

The president in his address said the UGMC project marked another milestone by the country in its quest for quality healthcare service delivery and the completion of the project is a dream come true.


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Prez Mahama opens 1st phase of Univ. of Ghana Medical centre

President Mahama admiring the plaque after unveiling it.

President John Mahama on Wednesday inaugurated the first phase of a new 650-bed University of Ghana Medical Centre at Legon in Accra.
Said to be comparable to none in West Africa, the $271 million Medical Centre is a referral facility.

The facility comprises eight separate buildings and houses, different specialised areas such as emergency, Imaging, operating theatres, laboratories and a computer room.


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Akufo-Addo postpones naming ministerial appointees; begs for time

President Elect, Nana Akufo Addo

President-elect, Nana Akufo-Addo, has postponed the presentation of a list of proposed ministers who will serve in his government to his party’s highest decision-making body.

Nana Akufo-Addo was expected to submit the list to the New Patriotic Party (NPP) National Executive Committee (NEC) for review, however, at a meeting Thursday, December 15, 2016, he could not provide the list.

Another meeting between Nana Akufo-Addo and the NEC has been scheduled, Joy News sources say.


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World Bank Group to provide $517m for Ghana oil and gas project

Ghana's oil and Gas industry

ACCRA, Dec 15 (Reuters) - The World Bank Group said on Thursday it would provide $517 million to Ghana in debt and guarantees to support the $7.7 billion Sankofa oil and gas project being developed by Italy's ENI and upstream trader Vitol Ghana.

The finance adds to a $700 million guarantee package and brings its total financing to around $1.217 billion for the offshore project, whose gas component is set to open in 2018, a statement said.


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Mahama arrives in The Gambia to persuade Jammeh to leave office

ECOWAS Chairwoman Ellen Johnson Sirleaf with President Mahama on their arrival in Gambia

President John Dramani Mahama has touched down in the capital city of The Gambia, Banjul to help mediate in a post-election impasse between incumbent Yahya Jammeh and President-elect Adama Barrow.

The trip to Gambia is President Mahama's first foreign trip since losing Ghana's general elections to the New Patriotic Party's Nana Akufo-Addo last Friday.


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Top Nigerian politician heaps praise on Ghana vote

Talking to The Africa Report, radical politician and governor of Nigeria’s Kaduna State Nasir El-Rufai judged Ghana’s national elections on 7 December to be “near-perfect”.

The vote, which saw opposition candidate Nana Akufo-Addo defeat President John Mahama, was only the second time an incumbent leader had been ousted in multiparty elections in West Africa.

El-Rufai was in Ghana to observe the elections as part of a delegation from the United States’s National Democratic Institute.

As Charlotte Osei, chairwoman of Ghana’s Electoral Commission (EC), prepared to release the official results on 10 December, El-Rufai said that Ghana had set a “gold standard” for elections.

Legal reforms


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Transition process will face several challenges – Gyampoh warns

President Mahama meets with Nana Akufo Addo, President elect

The presidential transition process will face several challenges, a governance fellow at the Institute of Economic Affairs (IEA), Professor Ransford Gyampoh has said.

Prof. Gyampoh explained that, the office of Administrator General, which is critical to overseeing the transition process, is in dire need of resources to execute its mandate under the amended Presidential Transitional Act.


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The CNN backlash from Ghana and the danger of a single story

CNN Head Office

After peaceful and successful elections, I woke up on a bright Sunday morning to the #CNNGetItRight hashtag.

Like many Ghanaians, I have been worried about the way some international media organizations always portray Africa in a negative manner. Some even go to the extent of telling stories that are untrue. The article on the CNN website claimed that Ghanaians had elections in 1998 (which is false).


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