Latest news with #Ghana-based
The Star
5 days ago
- Health
- The Star
Ghana's public health agency partners with Chinese firm for AI-driven transformation
ACCRA, July 15 (Xinhua) -- Ghana will collaborate with the Health Community of West Africa (HCOWA), a Ghana-based Chinese private firm, to improve healthcare and lay the foundation for artificial intelligence (AI)-enabled health solutions in West Africa, an official announced on Tuesday. During the launch of the upcoming China-West Africa Medical and Health Industry Expo, Samuel Kaba Akoriyea, director-general of the Ghana Health Service (GHS), said that the collaboration with the Chinese company seeks to transform Ghana into a sub-regional hub for medical innovation and regional health advancement. "Through this collaboration, we aim to establish AI treatment centers across Ghana, deploy AI-powered medical imaging and diagnosis systems in key healthcare facilities, and equip public and private hospitals, laboratories, and diagnostic centers with cutting-edge medical technologies," Akoriyea said. Akoriyea said Ghana would also set up a cancer treatment and research center to serve national needs and expand access to modern surgical equipment, pharmaceutical solutions, and medical training resources through public-private partnerships. About the upcoming expo, jointly presented by GHS and HCOWA, Akoriyea said this year's edition would attract over 1,500 stakeholders from across West Africa, more than 100 Chinese medical enterprises, and delegations from the public sectors in all 15 West African countries. HCOWA Vice President Prince Opoku Dogbey said an AI medical supply chain platform, a digital platform, would be launched during the expo to enable foreign and local companies to trade medical supplies, forecast needs, and manage inventories with speed and precision, with Ghana as the pilot country.
Yahoo
10-07-2025
- Business
- Yahoo
Equatorial Coca-Cola Bottling Company buys Ghana assets
Coke bottler Equatorial Coca-Cola Bottling Company is to buy Ghana-based businesses Voltic (GH) and West African Refreshments. The financial terms of the transaction have not been disclosed. Voltic is a subsidiary of Coca-Cola Beverages Africa. West African Refreshments (WARL) is a subsidiary of Coca-Cola Beverages Africa and The Coca-Cola Company. In a joint statement, Equatorial Coca-Cola Bottling Company (ECCBC) and Coca-Cola Beverages Africa (CCBA) said the deal will reinforce ECCBC's position as a 'leading authorised bottler' within the Coca-Cola system in Africa. The transaction will "enhance [ECCBC's] ability to serve the Ghanaian market more effectively and efficiently", they added. ECCBC, which is already present in 13 African countries including Ghana, will oversee the bottling and sales of drinks in Ghana including Coca-Cola, Fanta, Sprite and Voltic. ECCBC CEO Alfonso Bosch said: 'This acquisition presents significant opportunities to enhance our service offerings and deliver a positive impact to our stakeholders.' CCBA is the eighth-largest Coca-Cola authorised bottler by revenue, representing over 40% of the volume of Coca-Cola-branded beverages sold in Africa. Sunil Gupta, CEO of CCBA, said: 'This transaction allows CCBA to focus our attention on our core markets in southern and east Africa and prioritise resources for sustainable growth opportunities on the continent.' CCBA operates in 15 countries, with key markets including South Africa, Kenya, Ethiopia, Uganda, Mozambique, and Namibia. In November, CCBA made a $50m investment in a new bottling line at its plant in Windhoek in Namibia. The new bottling line, capable of producing 27,000 bottles per hour, will increase the facility's production capacity by 30%. CCBA operates two bottling plants in Namibia, in Windhoek and Oshakati, which produce 11 brands including Appletiser sparkling apple juice, Predator energy drinks and Fanta. It also manages warehouses in Otjiwarongo, Walvis Bay and Keetmanshoop. "Equatorial Coca-Cola Bottling Company buys Ghana assets" was originally created and published by Just Drinks, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Mid East Info
01-07-2025
- Business
- Mid East Info
EPSIP Sets Sail for Industrial Excellence at GITW and Beyond - Middle East Business News and Information
Engineering Progress, Powering Growth – Across Africa and the Middle East Information had the opportunity for a quick interview with EPSIP, a leading force in industrial infrastructure and marine engineering. As they prepare to participate in the upcoming GITW and its co-located events, Africa Build Show and Megawatt, EPSIP shares their long-term vision, strategic objectives, and the unique strengths they bring to the region. From addressing critical industry gaps to fostering innovative partnerships, this conversation highlights EPSIP's commitment to sustainable development and regional impact across Africa and the Middle East. Mid East Information: What is the long-term vision your organization aims to achieve through platforms like GITW and its co-located shows Africa Build Show and Megawatt? EPSIP: EPSIP's long-term vision is to be a driving force in advancing industrial infrastructure and marine engineering across Africa and the Middle East. Participating in platforms like GITW allows us to connect with stakeholders, explore growth opportunities, and reinforce our commitment to sustainable industrial development. We see this as a strategic step toward deepening our roots in West Africa while promoting innovation, safety, and quality. Mid East Information: What key challenges or industry gaps are you looking to address through this event? EPSIP: We aim to address the need for reliable, high-quality industrial fasteners, PPE, and marine solutions in emerging markets. Many local businesses struggle with inconsistent supply chains or substandard products. At EPSIP, we bring consistent quality, technical support, and region-specific solutions to bridge these gaps, especially in the construction and marine sectors. Mid East Information: What strategic objectives are you hoping to accomplish by being part of GITW and its co-located events? EPSIP: Our key objectives include expanding our footprint in West Africa, showcasing our engineering capabilities, and forming new partnerships with construction firms, shipbuilders, and government infrastructure bodies. We also aim to raise awareness of our Ghana-based shipyard and its role in supporting regional marine logistics. Mid East Information: Are you targeting any new markets or audiences through this participation? EPSIP: Yes, while we already have a strong presence in Egypt and Ghana, we are actively looking to reach new clients across West Africa—particularly in Nigeria, Côte d'Ivoire, and Senegal. We're also keen on engaging with international contractors and NGOs working in infrastructure, marine, and energy development. Mid East Information: What unique strengths does your company bring to the table at such a platform? EPSIP: EPSIP offers a rare combination of marine expertise, on-ground infrastructure, and a diversified product portfolio. Our Ghanaian shipyard positions us as a regional logistics and maintenance hub, while our construction fasteners and PPE lines meet the demands of both large-scale projects and everyday industrial needs. Our focus on quality, safety, and compliance sets us apart. Mid East Information: How does your presence here reflect your commitment to innovation, collaboration, or sustainability? EPSIP: We invest heavily in sustainable maintenance practices, safe work environments, and long-term customer partnerships. By participating in this event, we signal our openness to co-developing smarter, safer, and more efficient solutions with regional and international players. Mid East Information: What kind of collaborations or partnerships are you hoping to foster at the event? EPSIP: We are looking to establish ties with construction companies, port authorities, marine service providers, distributors, and governmental bodies. We are also open to collaborating with technology firms for smart logistics and safety innovations that can enhance our service delivery and client outcomes. Mid East Information: How does showcasing at GITW and its co-located shows help amplify your brand's global influence or thought leadership? EPSIP: Being part of a high-profile event like GITW places us on a platform where innovation, investment, and industry excellence converge. It allows us to demonstrate our technical strengths, share knowledge, and position EPSIP as a trusted regional leader with a global outlook. Explore our journey at GITW, Africa Build Show, and Megawatt. Let's build smarter, safer, and stronger infrastructure together. 🔗 Register for GITW | Africa Build Show | Megawatt
The Star
26-06-2025
- Business
- The Star
Interview: China's tariff-free trade pact for African countries brings development opportunity, says Ghanaian analyst
by Xinhua writer Justice Lee Adoboe ACCRA, June 26 (Xinhua) -- China's recent decision to expand its preferential trade policy, granting zero-tariff access to a total of 53 African countries, has huge positive significance for both global trade and China-Africa trade, a Ghanaian analyst has said. "This is a defining moment for Africa and a shining example of what it means to stick to the principles of globalization and free trade, which we are advocating for," Paul Frimpong, executive director of the Africa-China Center for Policy and Advisory (ACCPA), a Ghana-based think tank, told Xinhua recently in an exclusive interview. The initiative to expand the preferential trade policy, offering tariff-free treatment to all 53 African countries that have diplomatic relations with China, was announced during the recent Ministerial Meeting of Coordinators on the Implementation of the Follow-up Actions of the Forum on China-Africa Cooperation in Changsha, the capital of central China's Hunan Province, earlier this month. Frimpong said the preferential treatment elevates China-Africa relations to a new historical high, highlighting China's attitude of giving equal treatment to all African countries and actively helping them achieve development. China's gesture is also a significant boost for global trade in the complex international environment, where recent reckless imposition of unnecessary tariffs destabilizes and disrupts the global trading architecture, according to Frimpong. "While the world has spent decades building an ecosystem around globalization, multilateralism, and trade. But in recent times, we've seen a movement that undermines this ecosystem that we spent years building," he said. The analyst noted that many global institutions, including the World Trade Organization (WTO), were built to promote global trade, and all WTO members need to promote global trading principles by removing all trade barriers, including punitive tariffs. "However, some recent developments seek to undermine these principles," he observed. Frimpong, therefore, has seen China's expansion of its free-trade policy to 53 African countries as not only an opportunity for Africa but also a perfect substitute for all the least developed countries (LDCs) across the world bearing the brunt of the new tariff war. He recalled that among the countries around the world that already enjoy free access to the Chinese market, 33 of them were African LDCs. The new measure will enable 20 more African countries to enjoy free access to the Chinese market. "This preferential trade treatment presents a significant opportunity for Africa to bridge the trade deficit between the continent and China by utilizing the 1.4-billion-people Chinese market," he said. China has maintained its position as Africa's largest trading partner for 16 consecutive years, with bilateral trade volume surpassing 2 trillion yuan for the first time in 2024 to reach 2.1 trillion yuan (about 293.2 billion dollars), data from the General Administration of Customs of China showed. From January to May this year, China-Africa trade totaled 963.21 billion yuan, marking a 12.4 percent year-on-year increase and hitting a record high for the period. Frimpong said that research by the ACCPA and other institutes indicates a strong demand in the Chinese market for African exports, which is an opportunity for Africa to develop their manufacturing capacities to export value-added products to the Chinese market. "Obviously, this free market for Africa gives African countries the opportunity to diversify their products and meet the demands of the Chinese market. And of course, they will also earn more for their countries," he added.
Arabian Post
22-05-2025
- Business
- Arabian Post
Azentio's AI-Driven Amlock Platform Sets New Benchmark in AML Compliance
Azentio Software has launched its next-generation Amlock anti-money laundering platform, integrating advanced artificial intelligence and machine learning to enhance detection accuracy, streamline compliance processes, and adapt to evolving regulatory landscapes. The revamped Amlock platform offers a comprehensive suite of features designed to assist financial institutions in identifying and managing financial crimes. Key enhancements include AI-powered risk scoring, intelligent alert triage, and automated case management, all aimed at reducing false positives and operational workloads. Financial institutions utilizing Amlock have reported a significant decrease in false positives—up to 40%—and a reduction in compliance costs by at least 20%. Notably, these institutions have maintained a record of zero AML-related regulatory fines, underscoring the platform's effectiveness in ensuring compliance. ADVERTISEMENT The platform's modular architecture allows for seamless integration with existing systems and scalability to accommodate institutions of varying sizes. Its capabilities extend across the customer lifecycle, from onboarding and Know Your Customer processes to transaction monitoring and regulatory reporting. Amlock's AI-enhanced features include advanced matching algorithms for customer and transaction screening, centralized alert and case management systems, and dynamic risk scoring mechanisms. These tools enable institutions to maintain an up-to-date understanding of customer risk profiles and respond proactively to potential threats. The platform also incorporates over 400 pre-configured rules tailored for banking, lending, insurance, and fintech sectors. Its AI components continuously learn from new data, improving accuracy and focusing investigative efforts on genuine threats. Azentio's commitment to innovation in AML solutions has been recognized by industry analysts. The company was named a Leader in the SPARK Matrix™: Anti-Money Laundering Solutions, 2025 by QKS Group, reflecting its excellence in technology and customer impact. Financial institutions across various regions have adopted Amlock to strengthen their AML frameworks. For instance, Kurdistan International Islamic Bank implemented the platform to enhance compliance and financial security infrastructure. Similarly, Ghana-based digital payment solutions company BigPay integrated Amlock to standardize transaction processing and improve regulatory compliance. Azentio's strategic partnerships, such as with MoData, have further expanded the reach of Amlock, providing clients across Africa and the Middle East with robust AML solutions. The platform's adaptability and comprehensive features make it a valuable tool for institutions aiming to fortify their defenses against financial crimes.
