Skip to main content

Govt. to establish sheabutter extraction factories in Wa

By Kofi Ahovi
Government has made its intentions to establish sheabutter extraction factories in four communities in the Wa Municipality to empower women and also to make the sheanut industry a foreign exchange earner.

The communities are Charia, Goli, Kpaguri and Kambali. In these communities women are already engaged in small scale production of the commodity.

It is expected that the provision of the factories, which would begin next year, would help to make women in the communities more productive all-year-round, as well as encourage men to also go into the picking of the nuts, which for now has been women dominated.

In the past few years the region had experienced massive infrastructure development in education in all the districts through support from the Ghana Education Trust Fund (GETFUND) and donor agencies. So far about eleven six-unit classroom blocks with ancillary facilities have been constructed for the Wa West District.

There are also repairs and construction of drains, slabs, kerbs and gravelling of roads totaling 99 projects at a cost of GH¢2,705,887 in the Wa Municipal Assembly.

Other projects ongoing include the construction of an ultra modern Senior High School at Charia to relocate the T.I. Amass Senior High School at Wa. Two Senior High Schools projects are also ongoing at Funsi, in the Wa East District and Gwollu in the Sissala West District, which are among some of the districts without senior cycle school.

Through the Regional Coordinating Council (RCC), five communities namely Funsi, Charia, Busia, Kaleo and Babile had benefited from small town water project while 116 communities across the region were provided with 130 boreholes.

Additionally, approval had been given for the provision of 29 boreholes for the people in the Wa West and Sissala West Districts while the Saint Francis Girls Senior High School water system had been improved.

On the road sector, a total of 1,338.2 kilometres of highway and feeder roads in the region were reshaped and graveled during the early part of this year.

The quantum of money through the RCC for development infrastructure and essential and non-consumables medicine amounted to GH¢44.22 million.

Comments

Popular posts from this blog

MTN Ghana & MTN MoMo CEOs win laurels at Ghana CEO Awards

  The Chief Executive Officer of MTN Ghana, Selorm Adadevoh ,   has been adjudged  CEO of the Year  –  Telecom  at the  2 nd  edition of the  Ghana CEO  Vision  and  Awards   held  in Accra. At the same event, the CEO of Mobile Money Limited (MTN MoMo), Shaibu Haruna was also adjudged CEO of the Year – FinTech Service Provider. Selorm  Adadevoh’s award  is in recognition  of  his   achievements   in the areas of   sustainability, leadership excellence, innovation and others  in the telecoms space  which  has contributed to  job creation to support the  growth of Ghana’s economy. Patrick Afari (r), General Manager, Supply Chain Management and General Services receiving CEO of the Year – Telecom Award on behalf of Selorm Adadevoh Receiving the award on behalf of Selorm, Patrick Afari, General Manager, Supply Chain Management and General Services ,  expressed appreciation to the organizers for the award. He  noted that  th e  award will go a long way to inspire MTN to do more for Ghanaian

EB-ACCION DISBURSES US$15 MILLION

By Fred SARPONG Ecobank-Accion (EB-Accion), a partnership between Ecobank Ghana Limited and Accion International has disbursed amount to the tune of $15 million to over 36,000 borrowers in Micro, Small and Medium Enterprises (MSMEs) sector in the country, since the institution was set up barely six months ago. Frances Adu-Mantey, the Managing Director of EB-Accion disclosed this to Business Week in Accra last week during the official opening of Accion Hub headquarters in Africa. The institution’s current portfolio stands at GH¢4 million. She stated that currently, EB-Accion have over 6100 customers who save with them throughout the four branches of the institution. According to her, in order to improve the services of the institution, Ecobank Share Services center will facilitate the technology aspect of the bank by networking all the branches of EB-Accion. Maria Otero, President and Chief Executive Officer of Accion International said that the center’s staff in Accra will provide supp

Amantin & Kasei Community Bank posts impressive growth, with over GH¢1m profit

 Amantin and Kasei Community Bank, at Amantin in the Bono East Region has posted impressive growth in all the performance indicators during 2022 financial year under review. The bank recorded profit after tax of GH¢1,055,662, representing 35.66% more over the 2021 figure of GH¢778.151. This achievement stemmed out of 49.24% gross income growth from GH¢8,143,526 to GH¢12,153,537. Total deposits of the bank went up by 36.20%, changing from GH¢50,959,848 in 2021 to GH¢69,405,591 in 2022. The bank increased loans and advances by 22.15% from GH¢14,128,017 to GH¢17,257,614. Total assets showed an appreciation of 29.32%, amounting to GH¢77,918,288 as against GH¢60,250,693 in the previous year. On the other hand, the bank posted a marginal increase in short term investments portfolio from GH¢24,439,761 to GH¢26,585,698, indicating 8.78% change. The Chairman of Board of Directors, Amantin and Kasei Community Bank, Dr. John Oduro-Boateng, disclosed this during the 18th annual general meeting of