DDEP: banks loans to businesses, households to fall – Fitch Solutions

Enterprise Group appoints Keli Gadzekpo as Group Chairman

Enterprise Group PLC has announced Keli Gadzekpo as its Group Chairman, e ective April 3, 2023

Mr. Gadzekpo who turned 60 years in 2022 takes over from Trevor Trafgarne who retired as Chairman of the Board after 25 years in that role.

A circular from the Ghana Stock Exchange indicated that Daniel Larbi-Tieku, the Deputy Group Chief Executive O cer will take over as the new Group CEO. It added that Mr. Larbi-Tieku

Côte d'Ivoire abandons Import Substitution Policy, goes for Russian fish and ice-cream

By Kestér Kenn Klomegâh

The Republic of Côte d'Ivoire has abandoned its import substitution policy and other economic measures, including the budgetary allocation for modernizing local agriculture and support for boosting domestic agricultural production. It, however, boasts around 64.8 per cent of arable and agricultural land, which largely remains uncultivated.

Arguably, Côte d'Ivoire, located on the Gulf of Guinea (Atlantic Ocean), could support its shing industry by spending adequate funds on acquiring simple shing equipment for local people and even start its own large-scale sh ponds but instead plans to increase sh imports into the country.

It was gathered that the West African country might spend an estimated $100 million on exports of Russian food and agricultural products this second quarter of 2023.

The Russian Agriculture Ministry's

Agroexport Center said it was ready to export such products to Côte d’Ivoire as its market is promising for exports, including grain, sh, sun ower and soybean oil, processed grain products and prepared meat products, among others.

Russian exports of agribusiness products to Côte d'Ivoire more than doubled to $41.6 million in 2021 from $18 million a year earlier,