ARB Apex Bank
ARB Apex Bank is a Ghanaian wholesale bank that provides funding and coordination to the Rural & Community Banks (RCBs) in Ghana. In effect it acts as a ''mini central bank'' to the Rural banks in Ghana. The acronym ARB stands for the Association of Rural Banks. In Ghana, rural banks are financed mainly via the Rural Financial Services Project (RFSP), that is a project of the government to solve the operational problems of the rural financial sector. Every Rural and Community bank in Ghana was mandated to contribute two thousand Ghana cedi to buy shares of the ARB – Apex bank Ltd, to enable the bank become accountable to the rural and community banks. So every rural and community bank in Ghana owns two thousand Ghana cedi worth of shares in Apex Bank. The remaining shares of the bank are also owned by the government of Ghana. History In 1969, the All India Rural Credit Review Committee recommended that Apex co-operative banks directly finance co-operative societi ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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State Owned Company
A state-owned enterprise (SOE) is a government entity which is established or nationalised by the ''national government'' or ''provincial government'' by an executive order or an act of legislation in order to earn profit for the government, control monopoly of the private sector entities, provide products and services to citizens at a lower price and for the achievement of overall financial goals & developmental objectives in a particular country. The national government or provincial government has majority ownership over these ''state owned enterprises''. These ''state owned enterprises'' are also known as public sector undertakings in some countries. Defining characteristics of SOEs are their distinct legal form and possession of financial goals & developmental objectives (e.g., a state railway company may aim to make transportation more accessible and earn profit for the government), SOEs are government entities established to pursue financial objectives and develop ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Bolgatanga
Bolgatanga ( Frafra: ''''), colloquially known as ''Bolga'', is a town and the capital of the Bolgatanga Municipal District and Upper East Region of Ghana, adjacent to the border with Burkina Faso. Bolgatanga has over 2012 settlement and a population of about 66,685 people. Bolgatanga is 161 km (about 100 miles) to the north of Tamale. Bolgatanga lies in the Red Volta River Valley (which serves as a major migration route of elephants), with the White Volta River and the cliffs of the Gambaga Escarpment to the south of the town forming the southern boundary of the Upper East Region. History of Bolgatanga The name Bolgatanga (Bolbatanga) was derived from the Guresi words ''bolba'' "migrants" and ''tanŋa'' "pyramid." Historically Bolgatanga was situated at the southern terminus of the ancient Trans-Saharan trade route. The eastern route converged with the Sahelian route, near Bolgatanga. Along the route, handicrafts—especially straw baskets, hats and fans, as well as lea ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Companies Based In Accra
A company, abbreviated as co., is a legal entity representing an association of people, whether natural, legal or a mixture of both, with a specific objective. Company members share a common purpose and unite to achieve specific, declared goals. Companies take various forms, such as: * voluntary associations, which may include nonprofit organizations * business entities, whose aim is generating profit * financial entities and banks * programs or educational institutions A company can be created as a legal person so that the company itself has limited liability as members perform or fail to discharge their duty according to the publicly declared incorporation, or published policy. When a company closes, it may need to be liquidated to avoid further legal obligations. Companies may associate and collectively register themselves as new companies; the resulting entities are often known as corporate groups. Meanings and definitions A company can be defined as an "artificial pers ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Banks Of Ghana
A bank is a financial institution that accepts deposits from the public and creates a demand deposit while simultaneously making loans. Lending activities can be directly performed by the bank or indirectly through capital markets. Because banks play an important role in financial stability and the economy of a country, most jurisdictions exercise a high degree of regulation over banks. Most countries have institutionalized a system known as fractional reserve banking, under which banks hold liquid assets equal to only a portion of their current liabilities. In addition to other regulations intended to ensure liquidity, banks are generally subject to minimum capital requirements based on an international set of capital standards, the Basel Accords. Banking in its modern sense evolved in the fourteenth century in the prosperous cities of Renaissance Italy but in many ways functioned as a continuation of ideas and concepts of credit and lending that had their roots in the ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Tamale, Ghana
Tamale ( Dagbani : ), officially called Tamale Metropolitan Area is the capital city of the Northern Region of Ghana. Tamale is Ghana's third-largest city and an emerging investment hotspot in West Africa. It has a projected population of 950,124 according to the Tamale Metropolitan Assembly Official Website. It is the fastest-growing city in West Africa. It is located north of Accra. Most residents of Tamale are Muslims and Dagombas by tribe, as reflected by the multitude of mosques in Tamale, most notably the Central Mosque, Afa Ajura Mosque (Ambariyyah Mosque), Afa Basha mosque (Nuuria mosque) and The Ahmadiyyah Muslim mission Mosque. Tamale is located in the Northern Region of Ghana and more precisely in the Kingdom of Dagbon. The local (neighbourhood) chiefs and the district chief of Tamale are subservient to the Dagomba King in Yendi.The language of the people in Tamale is Dagbani. Due to its central location, Tamale serves as a hub for all administrative and comme ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Wa, Ghana
Wa is a town and the capital of Wa Municipal District and the Upper West Region of northern Ghana. Wa had a 2012 settlement population of 102,446. Features of the town include several churches and mosques, the Wa-Na Palace, the St. Andrew's Catholic cathedral, the University for Development Studies (UDS), a museum, a nearby hippopotamus sanctuary in Wicheau (located in the Wa-West district), the mushroom rock In Jirapa and the ants hill at Nanvielle. The geography of Wa is notable for the dramatic monadnock Ombo Mountain, which is located around Kaleo and visible from much of the Wa town. Other notable towns around Wa region include Naaha and Ga. The town serves as a transportation hub for the Upper West region, with major roads leading north to Hamile, and northeast to Tumu and the Upper East Region. There is also a small airport, the Wa Airport. [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Takoradi
Sekondi-Takoradi is a city in Ghana comprising the twin cities of Sekondi and Takoradi. It is the capital of Sekondi – Takoradi Metropolitan Assembly and the Western Region of Ghana. Sekondi-Takoradi is the region's largest city and an industrial and commercial centre, with a population of 445,205 people (2012). The chief industries in Sekondi-Takoradi are timber, cocoa processing, plywood, shipbuilding, its harbour and railway repair, and recently, sweet crude oil and crude oil. The fundamental job in Sekondi-Takoradi is fishing. Sekondi-Takoradi lies on the main railway lines to Kumasi and Accra. History Sekondi, an older and larger Ahanta town, was the site of Dutch Fort Orange (1642) and English Fort Sekondi (1682). It prospered from a railroad built in 1903 to hinterland mineral and timber resources. Takoradi, also an Ahanta town, was the site of Dutch Fort Witsen (1665) and has an important deepwater seaport, Ghana's first, built in 1928. [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Sunyani
Sunyani is a city and the capital town of the Bono Region and the Sunyani Municipal of Ghana. Sunyani had a population of 74,24at the 2010 population and housing census. The city consists mainly of the Bonos by tribe. History Sunyani is surrounded by the forested uplands in the mid-south western part of Ghana. The city of Sunyani rose as an outpost camp for elephant hunters during the 19th century; its name derives from the Akan people, Akan word for elephant, 'Osono'.Touring Brong Ahafo Region In 1924, the government designated Sunyani as a district headquarters. Following the construction of a road connecting Suny ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Kumasi
Kumasi (historically spelled Comassie or Coomassie, usually spelled Kumase in Twi) is a city in the Ashanti Region, and is among the largest metropolitan areas in Ghana. Kumasi is located in a rain forest region near Lake Bosomtwe, and is the commercial, industrial, and cultural capital of the historical Ashanti Empire. Kumasi is approximately north of the Equator and north of the Gulf of Guinea. Kumasi is alternatively known as "The Garden City" because of its many species of flowers and plants in the past. It is also called Oseikrom ( Osei Tutu's the first town). Kumasi is the second-largest city in Ghana, after the capital, Accra. The Central Business District of Kumasi includes areas such as Adum, Bantama, Asawasi, Pampaso and Bompata (popularly called Roman Hill), with a concentration of banks, department stalls, and hotels. Economic activities in Kumasi include financial and commercial sectors, pottery, clothing and textiles. There is a significant timber processi ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Cape Coast
Cape Coast is a city, fishing port, and the capital of Cape Coast Metropolitan District and Central Region of Ghana. It is one of the country's most historic cities, a World Heritage Site, home to the Cape Coast Castle, with the Gulf of Guinea situated to its south. According to the 2010 census, Cape Coast had a settlement population of 169,894 people. The language of the people of Cape Coast is Fante. The older traditional names of the city are Oguaa and Kotokuraba (meaning "River of Crabs" or "Village of Crabs"). The Portuguese navigators João de Santarém and Pedro Escobar who sailed past Oguaa in 1471 designated the place ''Cabo Corso'' (meaning "short cape"), from which the name Cape Coast derives. From the 16th century to the country's independence in 1957, the city changed hands between the British, the Portuguese, the Swedish, the Danish and the Dutch. It is home to 32 festivals and celebrations. History Cape Coast was founded by the people of Oguaa and the re ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Koforidua
Koforidua, also popularly known as K-dua or Kofcity, is a city and the capital of Eastern Region in southern Ghana. Koforidua was founded in 1875 by migrants from Ashanti. It is also called New Juaben. The city has a settlement city proper population of 183,727 people as of 2010, Koforidua is an amalgamation of two Municipalities; New Juaben North and South. The city has a blend of colonial and modern architecture. Koforidua serves as a commercial centre for the Eastern region and New-Juaben Municipal District. The city is home to many businesses, with the exception of heavy duty industries. The city is home to Intravenous Infusions Ltd., one of the oldest pharmaceutical companies in Ghana and West Africa, a leading producer of injections and drips. The company is listed on the Ghana Stock exchange and was registered in 1969. The city is home to many Government Departments and Ministries at the Regional level. The recent construction of the four-lane highway road linking th ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Hohoe
Hohoe Municipal is one of the 25 administrative districts of the Volta Region of Ghana. It was carved out of the former Kpando District. It was established by the Legislative Instrument (L.I. 2072) of 2012. The Municipality has a total land area of 1,172 km2, which is 5.6 per cent of the land area of the region. It shares borders with the Republic of Togo on the east, forming part of Ghana's international border; on the southeast by the Afadzato district and southwest by Kpando Municipality; on the north with Jasikan district; and on the northwest with the Biakoye districts. Its capital, Hohoe, is about 78 km from Ho, the regional capital and 220 km from Accra, the national capital. The population of Hohoe Municipality, according to the 2010 Population and Housing Census, is 167,016 representing 7.9 per cent of the total population of the Volta Region. It comprises 52.1 per cent females and 47.9 percent males. Major areas Alavanyo-Dzogbedze, Alavanyo-Deme, Ala ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |