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The Bank of Ghana (BoG) has cautioned the public to be wary of transacting business with some lending entities in the country. Ghana: BoG Warns Public Against 97 Money-Lending Entities - allAfrica.com ...
By Jibril Abdul Mumuni Accra, June 6, GNA – The Bank of Ghana is finalising comprehensive digital lending guidelines, expected to be issued by August 2025, to prevent the exploitation of the ...
Behind the narrative of a largely informal economy that contributes to 80 per cent of Ghana’s workforce are realities of self-motivated, industrious Ghanaians who brave the odds to keep body and soul ...
The Bank of Ghana has flagged 19 illegal money lending institutions and advised the public to desist from doing business with them. This followed an observation that a number of unlicensed entities ...
As a point of comparison, when it raised $30 million in 2022, Eitan told TechCrunch that Fido had underwritten 1.5 million loans, valued at $150 million, to 340,000 customers in Ghana.It was only ...
The microfinance subsector, meanwhile, comprises 484 licensed microfinance companies, 70 money lending companies and 12 financial non-governmental organisations, including both deposit-taking and ...
Business News of Friday, 4 August 2023. Source: www.ghanaweb.com 2023-08-04 We are no longer lending money to government - Bank of Ghana ...
The decision by Ghana and Zambia to relegate Afreximbank was made during an ongoing comprehensive debt restructuring. Ghana and Zambia have been negotiating with creditors for over a year in an ...
In Ghana, the government owed $63.3 billion at the end of 2022 not just to foreign creditors but also to homegrown lenders — pension funds, insurance companies and local banks that believed the ...
Ghana's cocoa regulator Cocobod will not raise a syndicated loan for its 2024/25 cocoa season for the first time in over three decades, Chief Executive Joseph Boahen Aidoo said on Tuesday.