Search Results for: Ghana

BY KEITH NUTHALL

GHANA and Mongolia’s improved openness in their oil, gas and other extractive industries has led the World Bank to certified them as meeting the standards of its Extractive Industries Transparency Initiative. The accolade comes as Ghana has received US dollars USD38 million to boost the capacity of its government agencies to regulate its growing oil and gas sector.…

BY KEITH NUTHALL

THE WORLD Bank has drafted plans to lend Ghana US dollar USD58 million to boost the country’s ability to serve and administer its growing oil and gas industry. The money would fund training for Ghana oil and gas industry workers and strengthening relevant government ministries and agencies.…

BY KEITH NUTHALL

INTELLIGENCE advice teams are to be posted at international airports in seven west African countries, to boost the number and effectiveness of illicit drugs seizures at their terminals. This ‘Aircop’ initiative has been organised by the UN Office on Drugs and Crime (UNODC), the World Customs Organisation (WCO) and Interpol.…

BY KEITH NUTHALL

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INTELLIGENCE advice teams are to be posted at international airports in seven west African countries, to boost the number and effectiveness of illicit drugs seizures at their terminals. This ‘Aircop’ initiative has been organised by the UN Office on Drugs and Crime (UNODC), the World Customs Organisation (WCO) and Interpol.…

BY KEITH NUTHALL

THE GERMAN government is giving Euro EUR1.2 million to a UN project expanding and upgrading small and medium-sized generic pharmaceutical manufacturers in Asia and Africa. It is run by the UN Industrial Development Organisation (UNIDO) and aims to spread medicine manufacture across a continent where production is mainly concentrated in South Africa, Nigeria, Ghana and Kenya.…

BY KEITH NUTHALL

THE GERMAN government is giving Euro EUR1.2 million to a UN project expanding and upgrading small and medium-sized generic pharmaceutical manufacturers in Asia and Africa. It is run by the UN Industrial Development Organisation (UNIDO) and aims to spread medicine manufacture across a continent where production is mainly concentrated in South Africa, Nigeria, Ghana and Kenya.…

BY KEITH NUTHALL

THE WORLD Bank’s Multilateral Guarantee Agency (MIGA) is planning to guarantee financing a USD40 million investment to help complete the Takoradi T1/T2 combined cycle natural gas power-plant complex in Ghana, adding 132 megawatts electricity generation. Société Générale Canada Branch would invest in its Ghana subsidiary SG-SSB Limited, if guaranteed by MIGA against the "non-honouring of sovereign financial obligations".…

BY KEITH NUTHALL

CLIMATE control concerns will be integrated into all investment and advisory services offered by the International Finance Corporation (IFC), of the World Bank. It has created a new ‘Climate Business Group’ to undertake this work and grow IFC climate-related investments to more than US dollars USD3 billion within three years.…

BY KEITH NUTHALL

SUGAR has been at the centre of continuing concern about fraud draining European Union (EU) budgets of duty revenue. The latest operational report from EU anti-fraud unit OLAF (which reviewed 2009) recalled how fraudsters made millions of Euros from exporting 3,400 tonnes of sugar from the EU to neighbouring non-member state Croatia via the Russian exclave of Kaliningrad.…

BY ALYSHAH HASHAM

Africa produces 70% of the world’ s cocoa; Asia and Oceania (Pacific islands) provide 19%; and the remaining 11% is from the Americas, according to the International Cocoa Organisation (ICCO). There are 5-6 million farmers worldwide – most with farms that cover 2 to 5 hectares.…