Author: Admin
The National Insurance Commission (NIC) of Ghana has granted sandbox innovation licenses to five Insurtechs operating in the country. The sandbox license will allow the insurtech firms to roll out innovative products in a pilot phase for a period of one year, after which the commission will review the performance of the licensed products and decide if to issue a full license for the same. Insurance technology (Insurtech) refers to the use of innovative technology such as artificial intelligence, big data analytics, machine learning, blockchain and other emerging technologies to improve and automate traditional insurance processes. Speaking at the Tech…
Small and medium-sized enterprises, especially those in the fields of Science, Technology, Innovation and Research (STIR), have been advised to turn to cheaper and long-term funding opportunities such as venture capitals and angel investors to sustain and expand their operations instead of relying on loans from commercial banks. This was the unanimous call from speakers at a virtual conference aimed at linking innovation startups and researchers to alternative funding sources for their enterprises and research outcomes organized by Heritors Labs, in collaboration with its funding partner, the RISA Fund. The virtual conference which formed part of activities of the…
Absa noted, is its ongoing collaboration with Women in Tech South Africa, through which it proudly sponsors the Philippi Village Learning Centre, empowering women and youth with cutting-edge digital skills.
Mr Baiden, a prominent figure in Ghana’s business landscape, will share valuable insights on the topic, “Leveraging AI and Digital Transformation for Business.”
As far as the IEA is aware, Newmont and the Government have not reached any agreement for the mine to be transferred to Zijin for the unexpired term of the lease, i.e. up to 19th January 2025,” the statement noted.
The programme, which provides financial assistance to smallholder farmers at a low interest rate of 5%, has already impacted 11,000 farmers, he said.
The bills in question include the Ghana Thermal Authority Bill 2024, Ghana Hydro Authority Bill 2024, Ghana Power Distribution Authority Bill 2024, and the Ghana Energy Regulatory Authority Bill 2024.
Mr. Boakye suggested in a recent interview that Springfield’s latest appraisal report conflicted with the original data presented to justify the unitisation of the Afina field.
The future is bright for Ghana’s mining sector, Edward Nana Yaw Koranteng, CEO of the Minerals Income Investment Fund (MIIF), has said at the recently concluded MIIF Stakeholder Conference at the Marriott Bonvoy Hotel in Accra.
According to Standard Bank, the decline in the trade ranking of Ghana “is mainly due to a worsening macroeconomic environment and falling trade confidence.”