Prime News Ghana

Today's Ghana Business, Banking and Economic news

Government disburses GHC35 million to 270 MSMEs

The government, through the Ghana Enterprises Agency (GEA), has commenced its disbursement of GHC35 million in grants to some 270 selected micro, small and medium enterprises (MSMEs) under the Technical Assistance and Grant Programmes of the Ghana Economic Transformation Programme (GETP).

BII launches $50m initiative to boost SME growth

British International Investment (BII), the UK’s development finance institution (DFI) and impact investor, has introduced an innovative initiative called Growth Investment Partners Ghana (GIP) in a bid to unlock the economic potential of local businesses.

Gov't writes off half of GH¢77 billion owed to Bank of Ghana

Ghana’s government has written off half of the 77.6 billion cedis ($7 billion) it owed to the central bank and replaced the remainder with a lower yielding, 15-year bond, three sources with direct knowledge of the transaction told Reuters.