Author: newsfilegh

A virtual incubator based in Dubai, UAE, FasterCapital, has finished its first round of funding. It did on March 16, 2019. FasterCapital has attracted more than 250 submissions from more than 60 countries. The results will be annouced in by the end of April. This round is dedicated for startups interested in the incubation programme, where FasterCapital comes as a technical cofounder and invests up to 75 per cent of the seed funding in each accepted startup. FasterCapital closed the round with the annoucement of accepting a new innvovative startup from Australia (Bubble.Global) into its incubation programme with an investment…

Vice President Dr. Mahamudu Bawumia believes African countries can make tremendous economic progress by taking advantage of technological innovations. Speaking at the Columbia University’s 16th African Economic Forum on Friday in New York, Dr. Bawumia said technology is the bulwark of industrialisation hence the continent must invest in it to make economic progress. “The debate is not about the goal of industrialization, but the path to that goal,” Dr. Bawumia pointed out while speaking on the theme: ‘Technology vs Industrialization: The Way Forward’. He added: “And for us, leveraging technological innovations in shaping our industrial path will spell the future…

It may probably sound like a fairy tale to hear there exists a woman who has more than one vagina and one womb, but Elizabeth Amoah has lived with this condition for quite some time and has now decided to let the world know about it.   Speaking on 3FM’s Drive with Giovani Caleb over the week Elizabeth, also known as ‘Special Lady’, disclosed she has had to undergo seven medical surgeries after she was diagnosed of having sexual complications. “I discovered I had a double womb and a double vagina canal in 2015 after an MRI scan, so I…

Former Director General of Ghana Ports and Habours Authority (GPHA) Paul Asare Ansah was Thursday, April 11 awarded at the 6th Ever Global Achievers Leadership Awards ceremony held at the British Council Hall. Mr. Ansah, who is currently the technical advisor to the Minister of Transport and an aspiring Member of Parliament for the Asuogyaman Constituency, was honoured with two awards for his contribution “to the people of Asuogyaman and its nearby communities”. He was awarded the Community Impact Personality Award and the United Clergy International Association Award. As the guest speaker at the ceremony, Mr Ansah in his keynote…

A 90-year-old US lottery winner is suing her son and his financial advisers for allegedly mismanaging her fortune. Gloria Mackenzie became the biggest single Powerball winner in US history when she took home the $278m (£209) windfall six years ago. But the Florida resident claims the money was put into poor investments, costing her millions of dollars. Her son, Scott Mackenzie, says the lawsuit is not justified. Ms Mackenzie was 84 years old when she won $590.5m on the Powerball in 2013. After opting to take the money in a lump sum and deducting taxes, she received $278m. She says…

Private legal practitioner Yaw Sarpong has said the newly proposed Public Universities Bill, whose passage and implementation will alter the composition of public university councils, is a move in the right direction. The position of the lawyer is in sharp contrast with that of members of the University Teachers Association of Ghana (UTAG) and Teachers and Educational Workers Union (TEWU) who fear the new bill, when passed, will compromise the semi-autonomous status of public universities. Particularly vociferous on this matter is associate professor at the University of Ghana, Ransford Yaw Gyampo, who has among other things described the bill as…

Chief Executive Officer of Ghana Cocoa Board (COCOBOD) Joseph Boahen Aidoo has challenged participants at the just-ended Cocoa Validation Workshop in Accra to be cocoa consumption ambassadors and promote it wherever they find themselves.   Mr Boahen Aidoo indicated that if at least 50 per cent of Ghana’s cocoa yield can be processed, it was important for participants to be in the forefront of the cocoa consumption campaign. He stressed that Ghanaians need to take advantage of the health and nutritional benefits of consuming cocoa, adding that Ghana cannot lose out on the benefits of cocoa whiles it produces premium…

A 90-year-old US lottery winner is suing her son and his financial advisers for allegedly mismanaging her fortune. Gloria Mackenzie became the biggest single Powerball winner in US history when she took home the $278m (£209) windfall six years ago. But the Florida resident claims the money was put into poor investments, costing her millions of dollars. Her son, Scott Mackenzie, says the lawsuit is not justified. Ms Mackenzie was 84 years old when she won $590.5m on the Powerball in 2013. After opting to take the money in a lump sum and deducting taxes, she received $278m. She says…

A newly-married woman from the UAE recently filed for divorce from her husband, who she accused of being too cheap and making her pay for everything. Arabic newspaper Al Baiyan reports that the unnamed woman filed a case in the Personal Status Chamber at Abu Dhabi court, asking for a divorce from her Iranian husband, even though they were technically still in their honeymoon. She claims that the man, who is 13 years her junior, asked her to pay for everything, including groceries and bills for electricity and water. The scorned woman is apparently so determined to be rid of her…

Former President John Dramani Mahama has stated emphatically that his government never made any attempt to sell the Komenda sugar factory. This statement by the former president is contrary to claims by the Minister of Trade and Industry Alan Kyerematen that the erstwhile administration had wanted to sell the factory. Speaking to the media after touring the Komenda sugar factory, Mr. Mahama said his government only sought to establish a Public Private Partnership agreement (PPP) to help the factory function properly. “The whole project was being financed by the Indian EXIM, and so they released a first loan to build…