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    A Great Asset For Ghana Football: Ghanatoday.net

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    Breaking News: Sellas Tetteh resigns as head coach of Sierra Leone – Ghana Latest Football News, Live Scores, Results: Ghanatoday.net

    Two cases of coronavirus confirmed in Ghana: Ghanatoday.net

    Two cases of coronavirus confirmed in Ghana: Ghanatoday.net

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    My new appointment is a call to duty and to serve

    Reappointing Hawa Koomson means Akufo-Addo solidly supports her thuggery – NDC’s Abass Nurudeen

    Politicians jumping the line for vaccines

    Politicians jumping the line for vaccines

    ‘Fatherless bastard’ – how Abigail Rawlings was mocked by her classmates at Adabraka L/A Primary

    ‘Fatherless bastard’ – how Abigail Rawlings was mocked by her classmates at Adabraka L/A Primary

    Rudra Ravi Sharma: The genius behind successful political campaigns

    Rudra Ravi Sharma: The genius behind successful political campaigns

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    Pulse Picks: Top 10 entertainment stories that defined 2020 [ARTICLE]

    Pulse Picks: Top 10 entertainment stories that defined 2020 [ARTICLE]

    From Manny Pacquiao to Shirley Temple: Seven celebrities who swapped the entertainment industry for politics

    From Manny Pacquiao to Shirley Temple: Seven celebrities who swapped the entertainment industry for politics

    At CES 2020 Panasonic Demonstrates the Future

    At CES 2020 Panasonic Demonstrates the Future

    Christabel Ekeh pictures, biography, boyfriend ▷ YEN.COM.GH

    Christabel Ekeh pictures, biography, boyfriend ▷ YEN.COM.GH

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    ColinaNet and SES Networks to Offer Enhanced Internet and Wi-Fi Services Via Satellite across Peru

    ColinaNet and SES Networks to Offer Enhanced Internet and Wi-Fi Services Via Satellite across Peru

    Teen Lead: the foundation changing lives of young people in Ghana’s Western Region

    Teen Lead: the foundation changing lives of young people in Ghana’s Western Region

    Anthropometric indices, blood pressure, and lipid profile status among women using progestin-only contraceptives: comparative cross-sectional study | BMC Women’s Health

    Anthropometric indices, blood pressure, and lipid profile status among women using progestin-only contraceptives: comparative cross-sectional study | BMC Women’s Health

    Ghana is listed! – Graphic Online

    Ghana is listed! – Graphic Online

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    More than 10 countries in Africa report COVID-19 cases

    The Dance: the South Africans who finish high school against all odds | Global development

    Facebook, Twitter suspend Russia-linked operation targeting African Americans on social media – News – MetroWest Daily News, Framingham, MA

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    The fight for west Africa’s fish

    The fight for west Africa’s fish

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    Newcore Gold Drilling Intersects 2.02 g/t Gold Over 24.0 Metres and 1.43 g/t Gold Over 26.0 Metres, including 3.31 g/t Gold Over 9.0 Metres, at the Enchi Gold Project, Ghana-Ghanatoday.net

    Newcore Gold Drilling Intersects 2.02 g/t Gold Over 24.0 Metres and 1.43 g/t Gold Over 26.0 Metres, including 3.31 g/t Gold Over 9.0 Metres, at the Enchi Gold Project, Ghana-Ghanatoday.net

    African countries offered COVID-19 exit strategies to revive their economies-Ghanatoday.net

    32% of persons contracting COVID-19 are falling sick – GHS-Ghanatoday.net

    I won’t rule out coaching Black Stars in future–Laryea Kingston-Ghanatoday.net

    I won’t rule out coaching Black Stars in future–Laryea Kingston-Ghanatoday.net

    Fitch, Moody’s project strong growth for Ghana but World Bank thinks otherwise-Ghanatoday.net

    Fitch, Moody’s project strong growth for Ghana but World Bank thinks otherwise-Ghanatoday.net

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    Tadhana Madhana Baje Ghana Ghana || Humane Sagar || New Dance Number Song || Rst || Biraja Prasad-ghanatoday.net

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Britain’s CDC adds $400 million of investments in Africa push

January 20, 2020
in Africa


LONDON (Reuters) – UK government-owned finance agency the CDC Group has signed $400 million worth of African investment deals, part of a wider drive by Britain to develop new trade ties as it prepares to leave the European Union.

CDC announced the new deals on Monday as Prime Minister Boris Johnson called for deeper links between Britain and Africa at a London summit with 21 African countries.

Britain, a former colonial power in Africa, is trying to seize new global trading opportunities after it exits the EU on Jan. 31, but faces strong competition on the continent from rivals such as Russia and China.

The CDC Group, which says it is the largest bilateral development investor in Africa, said the bulk of the funds were going to regional African banks, so that they can lend to entrepreneurs and small and medium-sized firms.

The deals included a $100 million trade finance loan with South African lender Absa (ABSPp.J) to support SMEs in southern Africa, as well as a memorandum of understanding for $100 million to Egypt’s largest bank CIB (COMI.CA) for SMEs and microfinance.

Investments in solar and renewable energy projects were also on the list. In total, the CDC Group plans deals worth over $2.5 billion in Africa in the next two years. “The commitments we have announced today will accelerate the roll-out of solar power and other renewable technologies and support the growth of countless SMEs – the bedrock of any healthy economy – across the continent,” said Nick O’Donohoe, chief executive of CDC.

CDC said it is responsible for over 10% of all capital invested through Africa-focused private equity funds.

Reporting by Karin Strohecker, additional writing by Marc Jones; editing by Katya Golubkova and Mark Trevelyan

Our Standards:The Thomson Reuters Trust Principles.



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