Skip to main content

Stanchat rep refutes water situation in Africa

Dan Mobley, the Standard Chartered Bank Regional Head of Corporate Affairs- Africa, has refuted the notion that Africa has water insecurity and many people are dying of thirst.

He added that it was unfortunate that people outside Africa see the continent as a country and generalize everything they hear or see.

“Most African countries are water secured contrary to what people outside the continent perceive,” he stated. He explained that they are some countries in Africa that face challenges with water but that is not to say that the whole continent is facing the same problem.

Mobley was speaking to a section of the press after a two-day working visit to the country from South Africa. He was with Christiana Marran, Regional Head of Corporate Affairs, Europe and America.

The two were in the country to explore opportunities in Ghana as well as understand the Ghanaian success story at first hand. As part of their activity, they visited some media houses, interacted with stakeholders and some policy makers.

According to them, Ghana has a bright future with respect to growth “and we expect this growth to continue”.

They explained that they are a lot of opportunities in agriculture on the continent. Currently, Africa has 60% of the world’s farming lands. However, only 17% of the 60% is being used for farming.

Mobley indicated that the bank has a total of US$3 billion for the support of agriculture and its related activities on the continent. He added that the bank is also looking at increasing support in investment for infrastructure.

“The bank is very excited about the explosive growth of trade between Africa and Asia”

Comments

Popular posts from this blog

US-Based Doctor Supports Weija Leprosarium, Underprivileged Children In Ankaase With Cash & Food Items

 In a remarkable display of philanthropy, US-based medical practitioner, Dr. Kofi Kyei Sarfo, and the Sarfo family have made significant donations to support vulnerable communities in Ghana. During his visit to Ghana for the Christmas and New Year festivities, Dr. Sarfo and his family donated assorted food items and $5,000 to the Weija Leprosarium in Accra. This generous act aims to improve the lives of the inmates and support the tireless efforts of Rev. Father Andrew Campbell, founder of the Lepers Aid Committee. The donation to the Weija Leprosarium is a testament to Dr. Sarfo's commitment to giving back to his community. He praised Rev. Father Andrew Campbell for his selfless work in integrating cured lepers into society, emphasizing the need for continued support to ensure the well-being of the inmates. Dr. Sarfo encouraged others to follow in his footsteps, stating that every donation, no matter how small, can make a significant difference in the lives of the inmates. The don...

Nestlé Ghana Limited Wins Overall Best Industrial Company Of The Year at 13th AGI Industry & Quality Awards

  Nestlé Ghana Limited has been honored with four prestigious awards at the 13th Association of Ghana Industry and Quality Awards ceremony. The event, held in an esteemed setting, gathered prominent figures from Ghana’s industrial sector. Amidst the anticipation, Nestlé Ghana emerged as one of the evening’s notable winners, securing accolades in several key categories. This recognition underscores Nestlé Ghana’s relentless pursuit of excellence and innovation, marking a significant milestone that highlights the company’s substantial contributions to the manufacturing industry in Ghana. Nestlé Ghana's exceptional performance was acknowledged with the following awards: Overall Best National Quality Award, Diamond Category (Food) Overall Best Practices in Sustainable Manufacturing Best Company (Food Sector) Overall Industrial Company of the Year, affirming its status as a leader not only within the food sector but also across Ghana's entire industrial landscape. This success is a ...

Mfantsiman Girls to Host 65th Speech & Prize-Giving Day

  Mfantsiman Girls Senior High School is set to host the 65th Speech and Prize-giving Day and Homecoming from 14th to 16th March at Saltpond in the Central region. This year’s Speech and Prize-giving day is being hosted by the 2000-year group, and over 5000 old girls and students of Mfantsiman Girls are expected to attend the programme. Under the theme, ‘Leveraging New Media Technology to Optimize Girl Child Education,’ the event will emphasize the importance of harnessing technology to address the unique challenges faced by girls in accessing quality education, particularly in marginalized communities. By leveraging new media technology, we can create inclusive, interactive, and engaging learning environments that empower girls to reach their full potential. The theme will also serve as a call to action, encouraging students, educators, and stakeholders to explore innovative ways to integrate technology into girl child education, ultimately driving positive change and promoting a...