The Authority has also introduced regulations and pricing mechanisms, collaborated with the World Bank on diversification projects, and initiated the licensing of aggregators and processors to boost international market competitiveness.
This investment, first reported by CNBC, is similar to one from December 2016, when Son pledged a $50 billion investment and 50,000 jobs. Through the company’s venture capital arm, the Vision Fund, SoftBank ended up investing about $75 billion, CNN has learned. The total number of jobs created, given the Covid-19 impact on the country’s employment, is more difficult to tally.
It is three levels below the maximum rating given by Moody’s. Rival credit rating agencies S&P and Fitch have already cut France to equivalent levels.
The International Monetary Fund is open to renegotiating Ghana’s $3 billion financing program with the incoming administration provided accompanying reforms aren’t jeopardized.
Meta, the parent company of Facebook and Instagram, has donated $1m (£786,000) to an inauguration fund for President-elect Donald Trump.
The meeting, held Wednesday, December 11, at the Jubilee House in Accra, signals the start of an organised and peaceful transition of power from the New Patriotic Party (NPP) administration to the National Democratic Congress (NDC).
The GJA also called on political leaders, civil society organizations, and all stakeholders to join efforts in de-escalating tensions and promoting peace.
