Author: Krobea

Never say never. This piece isn’t to persuade you to flat out put aside your efforts for external funding. The world is still spinning, albeit amidst a full-blown pandemic. But if ever there was a time to look internally for value first, this would be it. COVID-19 did not spare the investment and venture capital (VC) space. There is less interest in putting money out there and more risk averse behaviour towards spending of any kind. This is true all over the world. This coronavirus has not been fully figured out and most investors and VC’s would prefer to wait…

The Board of Directors of the African Development Fund (ADF) on Friday approved a $69 million grant to support Ghana’s efforts to tackle the Covid-19 pandemic and mitigate its socio-economic impact on the nation. The grant from the ADF, the concessional arm of the African Development Bank, will provide fiscal budget support to finance the government’s national Covid-19 Emergency Preparedness and Response Plan, and Coronavirus Alleviation Programme. Specifically, the funds will help to upgrade the capacity of healthcare facilities to isolate, diagnose and care for patients, and provide more test kits, pharmaceuticals, equipment and beds. It will also ensure adequate…

A church volunteer has admitted starting a fire that devastated the cathedral in the French city of Nantes last week, his lawyer has said. The Rwandan refugee, who worked as a warden at the cathedral, was rearrested on Saturday night. No motive for the fire, which destroyed the cathedral’s 17th Century organ as well as historic stained-glass windows, has been given. His lawyer told reporters his client felt “relief” after confessing. “It’s someone who is scared, who is somehow overwhelmed,” his lawyer, Quentin Chabert, was quoted as saying by Reuters news agency. The 39-year-old volunteer, who has not been named,…

Ghana captain Andre Ayew was on target for his team, Swansea City, on Sunday, July 26 when they played Brentford in the first leg of the Championship play-offs. The Swans’ top scorer has scored three penalties since the lockdown but missed when he was given the opportunity to do so in the game. Swansea were given a boost when Brentford went down to 10 men after Rico Henry’s challenge on Connor Roberts. This time, Ayew smiled at the opportunity and scored a sublime 81st minute goal which has given Swansea the upper hand over the Bees. As the Bees host…

The 2019/2020 English Premier League ended with Bournemouth, Watford and Norwich bidding goodbye. Despite Bournemouth’s splendid final day performance, they could not salvage enough points to avoid relegation. Watford put up a woeful performance in their game on Sunday and lost 3-2 to Arsenal. Norwich City already knew their destiny way before the season ended yet failed to leave the League in grand style as they were hammered 5-0 to Manchester City. They are the first team to be relegated five times in the Premier League. The three will be replaced by Leeds United, West Bromwich Albion and the winner…

Ghana’s Covid-19 cases is now 32,969, President Nana Addo Dankwa Akufo-Addo announced on Sunday, July 26. He said though the figure would be initially alarming, a closer look shows that “we are steadily on the path towards limiting and containing the virus, and, ultimately, defeating it”. “The figure to look out for is the number of active cases,” he stressed. The active cases, he announced, are 3,307 after barely five months of the outbreak of the virus in Ghana. The recoveries-cum-discharges are now 28,927, according to the president. He was silent on deaths despite mentioning that they are at 0.5…

The North East Region representative in this year’s Ghana’s Most Beautiful has become the first casualty of the reality show as she exits on Sunday, July 26. On the night all 16 contestants showcased different shades of fashion, Samira Kombat, known with stage name Yennube, could not impress the judges as Savannah Region’s Abiba was saved at her expense. Greater Accra Region’s Naa won the Star Performer Award on the night. All the 16 contestants modelled different concepts including the Akweley Suma headgear and accessories as well as the Avant Garde concept. Tabora-based Dash Fashion emerged the best in resort…

President Nana Addo Dankwa Akufo-Addo on Sunday, July 26 heaped praises on Minister of Finance Ken Ofori-Atta for the latter’s presentation of the mid-year budget review in Parliament last Thursday. Mr Ofori-Atta demanded a supplementary budget of GH¢11.8 million in his 2020 budget review and assured that his delivery was among a series of measures taken by government to bring the economy back to life after the turbulence brought in by the coronavirus pandemic. “This mid-year review of the budget statement and economic policy of the government of Ghana and a supplementary estimate for the 2020 financial year is the…

ADDRESS TO THE NATION BY THE PRESIDENT OF THE REPUBLIC, NANA ADDO DANKWA AKUFO-ADDO, ON UPDATES TO GHANA’S ENHANCED RESPONSE TO THE CORONAVIRUS PANDEMIC, ON SUNDAY, 26TH JULY, 2020. Fellow Ghanaians, good evening. I am happy that I have the opportunity this evening to engage with you, again, in your homes. I want, at the outset, to thank all of you for your prayers and expressions of good wishes when doctors advised me to go into quarantine for two (2) weeks. God being so good, I am back again at work. I thank you very much for your concern. It…

President Nana Addo Dankwa Akufo-Addo has announced the reopening of all tourist sites and attractions across the country in Phase Two of the easing of the restrictions in the fight against coronavirus. In his 14th update on Sunday, July 26, the president stated that with immediate effect, all the tourist sites as well as open-air drinking spots can now begin to receive visitors. “The management of these facilities are tasked to enforce enhanced hygiene and social distancing protocols,” he cautioned, stressing, however, that “beaches, pubs, cinemas and nightclubs, however, remain closed until further notice”. The closure of churches and schools…