According to the Official Ghana Demand Side Survey 2021, Ghana has achieved its financial access target of 85% set by the National Financial Inclusion and Development Strategy 2018 – 2023 ahead of the end of the target year – 2023. As noted by the survey, by the end of the year 2021, Ghana had attained […]

With time, as humans, we grow affection for certain words, marks, signs, or symbols and desire exclusive use or connection with them. And as we pursue our entrepreneurial dreams, we oftentimes desire that our much-loved words, marks, signs, etc. represent our ideas, define our services and products, and become our unique identifier. To an extent, […]

Mineral wealth has proven to be both a blessing and a curse to Ghana. Like many other resource-rich countries, Ghana is blessed with a bounty of natural resources which have contributed positively to the development of the country. Formerly known as the Gold Coast, Ghana has reaped massive benefits from gold mining as well as […]

In the article “the story behind the term ESG”, Giuseppe Perrone acknowledged that, in less than 2 decades, the term “ESG” which was devised with the aim of integrating environmental, social, and governance considerations into capital market activities has made significant inroads in influencing sustainable investments globally. Today, the Global Sustainable Investment Alliance is reporting […]

In today’s rapidly evolving world, businesses must do more than just chase profits and seek expansion on all fronts. The growing perception is that it is not enough to make money, businesses must also be socially responsible and environmentally conscious. In the past, it was customary to pay lip service to ESG considerations. Now, times […]

According to a recent news report by the B&FT newspaper, the Office of the Registrar of Companies (ORC) reports that as of February 27, 2023, only 25.8% out of 287,189 registered companies have updated their beneficial ownership (BO) information despite the repeated notices and the deadline for doing same having elapsed some three months ago. […]

The evolution of financial technology (fintech) innovations in Africa is not in a vacuum. It is on the back of a historical financial service industry with tried and tested, regulated, and developed service providers – traditional banks that have provided financial services in various forms over time. The need to encourage new financial innovations in […]

The global financial sector witnessed the collapse of two (2) major technology-focused banks – Silicon Valley Bank (SVB) and Signature Bank last week. This has plunged the world into a state of frenzy regarding the true state of the global financial system, as many express the fear that all may not be well. Although the […]

Underlying every relationship, professional or business is the commitment to share information or documents which advance the purpose for the formation of such relationships. However, a disclosing party may expect a receiving party to keep some disclosed information either in the form of proprietary information, trade secrets, financial statements, operational manuals, product formulations, or service […]

Most Start-up founders use multiple avenues to raise funding for their businesses. These sources of funding are generally classified either as equity or debt financing. Equity financing involves raising funding through a share of ownership from new or existing shareholders (owners). On the other hand, debt financing occurs when a business borrows or secures funding […]