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Monday, May 27, 2019

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TalentsinAfrica.com a talent searching platform backed with AI Skills Assessment algorithm, last week was the only Ghanaian start-up to pitch at the Oxford University Africa Innovation Fair 2019. Speaking to Bridget Boakye, Co-Founder, ‘We are happy to share with our candidates, employers, investors, friends, and well-wishers that we were among the top finalists at this year’s Oxford Africa Conference Innovation Fair hosted by the University of Oxford Africa Society. We were the only Ghanaian business listed among the finalists this year. Bridget Boakye, co-founder, TalentsinAfrica pitched at the conference on Friday May 17th following a key-note by Sudanese-British billionaire businessman, Mo Ibrahim. “Pitching at Oxford was a wonderful opportunity as it further validates our vision and commitment to this work. We know that our mission to connect tackle youth unemployment by matching 1M young Africans to jobs to 2024 may seem crazy to many but we believe that we can use technology, data, and strategic partnerships to make a huge dent in the problem. We can’t continue to complain and/or fear youth unemployment and do nothing about it. We must be intentional about tackling this issue on a grand scale,” Boakye said. According to the event organizers, “the Oxford Africa Conference is the leading interdisciplinary conference on Africa, hosted by the University of Oxford Africa Society. The Conference brings together heads of state, policymakers, business leaders, academics, artists, students, and professionals of African descent to critically expand the discourse and action on Africa.” In its 9th year running, this year’s conference was themed ‘Africa’s Relevance: Locally, Continentally and globally’. Following the pitches by Ms Bridget Boakye and two other finalists, Arunma Oteh, OON (Officer of the Order of the Niger), Treasurer and a Vice President of the World Bank, and the former Director General of the Securities and Exchange Commission (SEC) in Nigeria, pledged $1,000 to each entrepreneur. Ms Bridget says she is grateful to Ms. Oteh, Oxford, and the entire Innovation Team at Oxford for their tremendous support an








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validation. “Attending a charter school in the South Bronx of the U.S. in the early 2000s exposed me to so much and opened up an opportunity for me as a young African immigrant. I hope our platform can similarly unlock opportunity for millions of young Africans without access to influential networks or "whom you know" politics. We are on a mission to democratize opportunity for all Africans through exposure and skills,” she explained. The team’s recognition at Oxford follows a growing list of other acclaims including Georgetown Africa Business Conference New Venture Competition, top 10 innovators at Harvard University Africa Business Conference, speaking platforms at Columbia University Annual Africa Economic Forum and Massachusetts Institute of Technology Innovate Africa conference, and acceptance among the top 20 Innovators in Africa of the Harambe Entrepreneur Alliance










Sunday, May 26, 2019

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The United Kingdom government continues to demonstrate its commitment to ‘doing better business’ on the African continent with the inaugural edition of the UK-West Africa Agritech Summit. The Summit was organized by the UK Department for International Trade in Lagos, Nigeria on Tuesday, 21st of May. With a mission to encourage Britain and West Africa’s rapidly growing trade and investment outlook by nurturing a strong network of prospective partners in finance, technology, innovation and knowledge, the summit and others to follow, is intended to be a platform for thoughtful discussion and deliberation over some of the most critical issues impacting






sector on a national, regional and international level. The summit’s agenda covered a range of diverse topics including promoting socio-economic development through agricultural transformation, livestock transformation and financing agribusiness in West Africa. Speaking at the event the British Deputy High Commissioner (Nigeria), Laure Beaufils said: “Agriculture is Africa’s engine of growth and job production. The sector accounts for an average of 20 percent of GDP of countries in Sub-Saharan Africa. The UK is playing our part through investment in rural farmers, Agritech, increasing wealth creation and strengthening value propositions of local entrepreneurs. We recognise that the sector requires funding and our UK Export Finance agency (UKEF) is committed to supporting these initiatives with vital capital support in the sector through its credit grantee schem .






br />  The event was attended by investors, business leaders, SME owners and senior executives from across West Africa including Namory Camara, MD Private Investment Promotion Agency, Guinea; Kwame Sisto Asaase, West African Rep., Agric Council Africa; Emmanuel Ijewere, VP Nigeria Agribusiness Group (NABG) and Chairman Bestfood farms. The summit was also attended by representatives from the office of the Vice President of the Federal Republic of Nigeria, office of the Minister on Agriculture, Amolexis, CDC UK, AB5 Consulting, as well as other.








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       With bidding for exploration blocks in the Ghana’s western oil basin having closed earlier this week, preparations are now underway to commence the bidding process for exploration blocks in the Voltaian Basin in the eastern part of the country.

Most of the blocks that will be available will be onshore, creating a new frontier for Ghana’s emergent upstream oil and gas industry which so far is entirely located off the shores of the Western region.

So far six exploration blocks have been delineated in the Voltaian Basin where Goldstreet Business can confirm that two of them are the East Keta Block and the Onshore/Offshore Keta Delta Block respectively. However two of the six blocks so far delineated are being reserved for exploration by the state owned Ghana National Petroleum Corporation which aims to engage in exploration activities in collaboration with an established international oil firm with a view to acquiring the requisite expertise and experience to evolve into a major upstream operator itself over the coming few years.







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/> GNPC has been conducting a 2D seismic survey of the Voltaian Basin, which it started in 2018 and expects to complete imminently.

It has already started processing the data acquired and according to the corporation, early assessments have been extraordinarily encouraging, presenting expectations that sooner or later Ghana will be able to develop major oilfields there.


The ongoing data analysis follows a six year reconnaissance programme involving environmental impact assessment, community relations management, acquisition of 1,700 square kilometers of data on a regional scale, and geo-chemical sampling of sub-surface gas.

Indeed exploration of the Voltaian Basin has assumed the status of GNPC’s flagship project and it has scheduled the drilling of two conventional exploratory wells for 2020.

It is expected that this will be accompanied at the same time by the commencement of the bidding process for the other four blocks which will be open to bids from both foreign and local private exploration and production companies.

Instructively, GNPC has begun heavily in social projects in the Volta Region, especially the provision of schools infrastructure, in a bid to generate the requisite goodwill from the local populace ahead of its impending exploration activities, which will have a bigger impact, in terms of displacement of host communities, than similar activities in the Western Basin which have all been offshore.

But the immediate task is to complete the allocation process for the nine exploration blocks being bid for in the Western Basin. Government hopes to have completed the block allocation process there by the end of July this year and negotiations with winners are scheduled to commence between August and October.










Government is employing a deliberate strategy of finishing with the Western Basin allocations before commencing those in the Voltaian Basin for a cogent reason.

This is that the area already has requisite infrastructure including two pipelines to the shore, and three FPSOs (with a fourth in the offing for the impending Pecan oilfield to be operated by Aker Energy).









hese assets could facilitate the fast tracking of producing fields out of any further discoveries.

The bidding process is supervised and managed by the Ministry of Energy through its dedicated Licensing Bid Rounds & Negotiations (LBRN) Committee which comprises 23 members drawn from the Ministry itself, GNPC, Environmental Protection Authority, Ghana Revenue Authority, Ministry of Finance, Attorney General’s Department, Petroleum Commission and the Ghana Maritime Authority. This in line with Section 56 of the Petroleum (Exploration & Production) Act 2016, Act 919.








Thursday, May 23, 2019

Ecowas awards This is absolutely for your praise , inspirations promotions and financing also






VRA WINS OPERATIONAL EXCELLENCE AWARD





The Second edition of the West Africa Business Excellence Awards has been held in Accra as part of efforts to recognize companies and individuals that have played a significant role in the development of various sectors in the West Africa region.

The ‘West Africa Business Excellence Awards’, an initiative of KN Unique Communications in partnership with Strategic Accountancy Africa and West Africa Chamber of Commerce and Industry.

The awards ceremony was organized which was held in Accra at the plush Marriott Hotel on 17th May, 2019, attracted stakeholders from various sectors including energy, investment, insurance, banking, transport, logistics, oil and gas and other service providers.

The Awards recognize the industry’s merits and set a benchmark for excellence, whilst rewarding innovative ideas that have pushed the boundaries of what is possible. The Awards recognizes excellence in industries, sectors and individual/personality excellence.








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In all, awards were given in 25 categories and there is no doubt that these stakeholders deserve recognition and commendation for their invaluable contribution to the economic development of West Africa.

The awardees include Security Warehouse Limited, Outstanding Security Systems Company Of The Year; Dangote Cement, Outstanding Cement Brand Of The Year ;Karpowership Ghana Company Limited ,Outstanding Power Plant Of The Year; Nationwide Medical Insurance, Outstanding Health Insurance Company Of The Year;Starlife Assurance Company Limited – Outstanding Customer Service Award – Insurance and TSL Logistics Ghana Limited, Outstanding Warehousing, Depot And Storage Management Company Of The Year









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Zenith Bank, Outstanding Customer Service Award – Banking ;Max International, Health And Wellness Company Of The Year;Baj Freight And Logistics Limited, Outstanding Logistics Service Provider ;Volta River Authority,Operational Excellence Award (Power);Holy Trinity Spa And Health Farm, Outstanding Hospitality Spa Of The Year;Kasapreko Company Limited,Outstanding Alcoholic Beverage Company Of The Year;J.K Horgle Transport And Company Ltd, Petroleum Haulage Company Of The Year, Sunshine Healthcare Ltd, Outstanding Corporate Governance In Healthcare Of The Year and B5 Plus Limited, Outstanding Steel Manufacturing Company Of The Year





Emirates Airline ,Outstanding Airline Brand Of The Year ;Kane,Em Industries Ltd, Outstanding Packaging Product Manufacturer Of The Year;QGMI , Outstanding Infrastructure Company Of The Year; Sunon Asogli Power Limited – Most Eco,Friendly Power Plant Company Of The Year; Trans global Logistics , Outstanding Maritime Logistics Company Of The Year; Blue Skies , Outstanding Fruit Juice Company Of The Year ;Arthur Energy Advisors – Outstanding Energy Consultancy Company Of The Year ;Bel,Aqua Active Sports Water, Drinking Water Brand Of The Year, ‘Blowchem Industries Limited   , Outstanding Non,Alcoholic Beverage Company Of The Year and Bel Malt, Emerging Beverage Award