Author: Trendy Ghana 🇬🇭

Adenia Africa Fund managed by private equity firm Adenia Partners Ltd. raised $470 million to invest in the continent’s fintech, telecom and healthcare sectors, among others. The funding came as Adenia’s largest Africa-focused fund to date and added new investors including Norfund AS, US International Development Finance Corp. and Canada’s Findev Inc. Africa’s largest fund manager, Public Investment Corp. Ltd., which oversees about 2.6 trillion rand ($138 billion) in South African government employee pension assets, also backed the Adenia fund, along with the Ghanaian and Kenyan pension funds. Adenia CEO Alexis Caude said this is the firm’s fifth fund, for…

Inflation is inching closer to the ECB’s 2 percent target, which will strengthen the case for a rate cut. Photo: David GANNON/AFP/FileSource: AFPThe euro zone’s annual inflation rate fell more than forecast in March, official data showed on Wednesday, fueling hopes that the European Central Bank will cut interest rates in June.Consumer price increases in the single currency zone slowed to 2.4%, from 2.6% in February, the EU statistics office said.Analysts polled by FactSet had expected inflation to hold steady at 2.6 percent, while economists polled by Bloomberg had expected a smaller drop to 2.5 percent.The rate is inching closer…

It’s no secret that for an elaborate scam to be perpetrated, it must first be well-conducted, trustworthy, and achieve its intended purpose; It often ends in loss, pain, anger, and even denial for the victim.In the case of John Acker Blay Meezer, his illegal scheme was so sophisticated that it attracted international attention because of his involvement in defrauding high-profile individuals, including presidents, businessmen, politicians, and ordinary people.According to an excerpt from a book written by Yepoka Yeebo titled: Anansi’s Monument: “The man who plundered the West, outsmarted Washington, and fooled the world.” Brei-Meezah’s story unfolds as Ghana faces an…

YouScribe, described as the largest digital reading library on the African continent with over one million subscribers, has announced the launch of its services in Ghana in partnership with mobile payments company Digital Virgo and MTN. Ghana becomes the fourteenth country to welcome YouScribe and, perhaps most importantly, the second English-speaking country after South Africa. With more than one million books, audiobooks, press titles and educational digital documents in its catalog and more than one million subscribers, YouScribe is already the largest French-language digital library. Prospective readers will be able to have a daily subscription for 0.75 Ghanaian CEDI…

“Whether it’s understanding, relaxing, or adjusting my emotions, I’ve been able to rediscover myself and figure out what I want to do most,” Choi said.Hilda Choi (left) will compete with fellow 2018 Asian Games medalist Bailey Brown in Dexing. Photo: Chan Kin-waAnd the 2018 Asian Games medalist, who took medley relay bronze alongside Bailee Brown, Wong Tsz-to and Law Leong-tim in Jakarta, added that she had “learned a lot more” about herself after the setback.”My goal this year is to participate in more long distance races because I want to find a new breakthrough in training,” he said.“I had trained…

A video of Anita Afriyie’s husband grieving has gone viral on social mediaHe complained that the woman, after being relocated abroad for years, had neglected the childrenMany people who commented on the video shared different opinions about the young man’s concernsDan Kay, husband of Gospel musician, Anita Afriyie, has asked his wife to move their children to the US.In a video he saw YEN.com.ghDan Kay, who was speaking in an interview, expressed his dismay that Adehye Mogya’s creator had abandoned his children after moving abroad.Anita Afriyie’s husband speaks out Photo: @anitaafriyiemusic/TikTokSource: TikTokHe explained that his decision to allow his wife…

The African Private Equity Association (AVCA) in its new report, found that Africa’s total private equity deal volume declined for the first time since 2016, falling 28% year-on-year (y-o-y) to 450 deals. The AVCA Annual Report 2023 provides insight into dealmaking, fundraising, exits and key trends shaping Africa’s private equity landscape. The report noted that amid volatile market conditions, transactions in Africa were not protected from the global slowdown in private capital, leading to reduced investment activity on the continent. However, Africa performed more strongly than other regions such as North and Latin America, which saw comparatively larger declines in…

Much of Sudan has been cut off from internet and communications nearly a year after its brutal war. Photo: ASHRAF SHAZLY/AFP/FileSource: AFPOn a street corner in the Sudanese town of Tamboul, dozens of people are frantically tapping their phones, calling loved ones and transferring money through online apps.At the center of their tangle is a bright white dish connected to the internet via Starlink, the satellite system owned by Elon Musk’s SpaceX rocket company.Starlink has become a lifeline for some in a country where the internet has gone down regularly since war broke out last April between Sudan’s army and…

Samuel Okudzeto Ablakwa, Ranking Member of Parliament’s Foreign Affairs Committee and Member of Parliament for North Tongu Constituency, has informed that the NDC minority in Parliament will seek the withdrawal of the new passport application fee. He opposed the introduction of new fees by the Ministry of Foreign Affairs, describing them as “draconian.” In a post on his Facebook profile, he wrote: “I am extremely disappointed in the Ghanaian Ministry of Foreign Affairs, which has increased passport application fees astronomically. “As my NDC colleagues and I have always argued on the Foreign Affairs Committee, the current economic crisis and unprecedentedly…

Nestled in the Eastern Region of Ghana, Kwahu is known for its vibrant Easter celebrations and enchanting landscapes. Watch the Kwahu Easter Festival: The Kwahu Easter Festival is one of the most anticipated events in Ghana, attracting thousands of revelers from across the country. Held annually over the Easter weekend, the festival includes a wide range of activities including paragliding, street carnivals, traditional music and dance performances and sporting events such as marathon races and football tournaments. Whether you are an adrenaline junkie or a culture lover, the Kwahu Easter Festival has something for everyone. Explore the scenic beauty of…