Company in Ghana

  • Africa: Expanded Engagement for Caterpillar - Boosting Sales & Alleviating Poverty

    BOTSWANA, 2017/07/16 A strong signal of growing business engagement with Africa by large U.S. corporations was the announcement last September by Caterpillar CEO Doug Oberhelman of plans to invest over $1 billion in Africa over the next five years. Caterpillar is not a new-comer, having begun doing business on the continent in 1926. At last month's U.S.-Africa Business Summit in Washington, DC, David Picard, Caterpillar's regional manager for Africa and the Middle East, described some of the steps that have been taken since last year's announcement. He as well talked about the challenges and opportunities he sees, inclunding Nigeria, where the company has operated since 1948. He was interviewed by AllAfrica's Noluthando Crockett-Ntonga and Ladi Olorunyomi from Premium Times in Nigeria. The interview has been edited for clarity and length.
  • Uber increases taxi service in Ghana as part of expansion plans in Africa

    GHANA, 2016/10/29 Taxi hiring service, Uber recently launched operations in Ghana’s capital, Accra as part of expansion plans across Africa. The taxi company as well wants to convince traditional drivers to work with them and avoid a repeat of problems faced in other nations. Naa Oyoe Quartey takes a taxi to work in Ghana’s capital, Accra using the Uber app on her phone.
  • Jaguar Land Rover on its business in sub-Saharan Africa

    ANGOLA, 2015/12/11 Nigeria and Angola remain two of Jaguar Land Rover’s major markets in sub-Saharan Africa, according to the company’s director of operations for the region, Nigel Clarke. This is despite both economies feeling the result of the drop in oil prices over the last year. Angola gets roughly two-thirds of its revenue from oil. The luxury car manufacturer, with its sub-Saharan headquarters in Pretoria, exports the bulk of its vehicles to eight markets in the region – Angola, Ghana, Kenya, Mauritius, Nigeria, Tanzania, Zambia and Zimbabwe. However, over the next two years Jaguar Land Rover will focus on growing its business in six smaller markets – Senegal, Côte d’Ivoire, Gabon, Congo-Brazzaville, Malawi, Mozambique – through local country partners. “Due to the expansion of our office in Pretoria and the fact a lot of of our processes and systems are presently in place, which has taken a long time, we are much additional ‘fitter’ to take on these markets.”
  • General Electric Provides $100,000 Grants to University of Ghana Students

    UNITED STATES, 2015/07/05 Students of the University of Ghana studying Applied Sciences could have their tuition fully paid until they complete their studies. Thanks to world infrastructure leader General Electric which announced this during a conference with the Management of the University of Ghana led by the Pro Vice Chancellor Professor Kwame Offei. To this end, the University of Ghana and GE signed a Memorandum of Considerate (MOU). The $100,000 scholarship is part of a broader collaboration between GE and tertiary institutions in Ghana on capacity development.
  • The Ghana National Petroleum Corporation GNPC

    GHANA, 2013/05/03 Ghana’s national-owned oil company, the Ghana National Petroleum Corporation (GNPC) has denied allegations of ‘bribe taking’ from South Africa’s PetroSA, as reports from investigations in the latter country suggest. According to the reports, PetroSA, which is currently under investigations for the purchase of Sabre Oil’s stake in Ghana’s Jubilee Oil field, paid about $20 million additional to acquire the stake - 4.05 % of the deep water Tano Block inclunding 1.7 % in the offshore Jubilee field - much of which went into bribing officials both in South Africa and the West African country.
  • Ghanaian technology entrepreneur, Ms. Anne Amuzu of Nandimobile

    GHANA, 2013/04/25 The Chief Executive Officer of one of Ghana’s young and vibrant technology startup companies NandiMobile, Anne Amuzu, has been selected for the Eighth Annual Fortune/U.S. National Department World Women’s Mentoring Partnership Program. According to a statement issued by the US Embassy Public Relations Directorate, this public-private partnership, conducted in coordination with the Vital Voices World Partnership, connects emerging international women leaders with Fortune’s Most Powerful Women Leaders to encourage the next generation of women leaders to bring positive change to their companies and communities.
  • William Edem Senyo, CEO of SliceBiz

    GHANA, 2013/02/24 A recent article in the Africa Review reports that a Ghanaian startup planning to popularise crowdfunding in Africa has been selected as one of the winners of this year’s Apps4Africa competition. SliceBiz plans to develop a service that will deliver 30-second pitches recorded by entrepreneurs to potential backers over the phone. It says investors will again be able to transfer cash into the projects they like via their mobile phones. The Apps4Africa scheme is funded by the US National Department and the World Bank. It gives awards of US$10,000 to three selected projects with the possibility of top-up funds if the winners meet set targets.
  • Kosmos Energy (NYSE: KOS)

    GHANA, 2012/12/23 Kosmos Energy (NYSE: KOS) today provided an update on the Company’s world operations and announced record production from the Jubilee field offshore Ghana. Ghana Jubilee field production is currently in excess of 105,000 barrels of oil per day. Significant production increase has resulted from additional acid stimulation operations performed on some of the Phase 1 wells, inclunding the startup of the Jubilee Phase 1A development plan additional acid stimulation operations on Jubilee Phase 1 production wells have been recently performed, at a gross cost of approximately $8 million per well. In total acid stimulation operations have been performed in 2012, with amount treated wells showing substantial productivity increases.