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GOIL PLC Defies Global Economic Headwinds, Posts Stunning 54.82% Profit Surge To Gh₵84.7 Million In 2024

Prosper Kay
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GOIL PLC Defies Global Economic Headwinds, Posts Stunning 54.82% Profit Surge To Gh₵84.7 Million In 2024

Despite a turbulent global and domestic economic landscape marked by geopolitical unrest, inflationary pressures, and currency volatility, GOIL PLC has delivered an exceptional financial performance for 2024, announcing a consolidated profit of GH₵84.7 million—a staggering 54.82% increase over the previous year.

The announcement was made by the Board Chairman, Nana Philip Archer, during the 56th Annual General Meeting (AGM)** of GOIL PLC, where he outlined the company’s resilience in the face of adversity and its strategic roadmap for sustained growth.

Navigating a Challenging Macroeconomic Climate

The year 2024 was fraught with uncertainties, from geopolitical tensions triggered by elections in over 40 countries to supply chain disruptions and trade protectionism. Domestically, Ghana continued its fiscal consolidation under the IMF’s Extended Credit Facility, recording a stronger-than-expected GDP growth of 5.7%, driven by the services, agriculture, and industrial sectors.

However, inflation closed at 20.4%, interest rates remained high at 29%, and the Ghana cedi depreciated by 19% against the US dollar. Despite these hurdles, GOIL PLC demonstrated remarkable adaptability, leveraging prudent financial strategies to maintain profitability.

Record-Breaking Financial Performance

GOIL’s consolidated profit surged to GH₵84.7 million, up from the previous year’s figure, reflecting a 54.82% growth. Key highlights of the financial report include:
– Total consolidated assets expanded by 20.1% to GH₵4.8 billion, with current assets growing by 34%.
– Earnings per share (EPS) rose by 54.3%, jumping from GH₵0.140 to GH₵0.216.
– Despite an 11.2% increase in operating costs and a 20.25% rise in finance costs, the company’s strong revenue generation and disciplined asset management ensured profitability.

In line with its sustainable value creation agenda, the Board proposed maintaining a dividend per share of GH₵0.056, balancing short-term shareholder returns with long-term financial stability.

2025 Outlook: Expansion, Automation, and Market Growth

With a stabilized macroeconomic outlook and a peaceful political transition, GOIL PLC is poised for further growth in 2025. Key initiatives include:
– Expansion of LPG bottling plants in Tema and Kumasi, with a combined capacity of 1,200 metric tons, to support Ghana’s Cylinder Recirculation Model.
– Deepening market penetration in aviation, mining, and auto gas segments.
– Continued automation of business processes to enhance efficiency and competitiveness.

Strategic Focus: Innovation, Risk Governance, and Ethical Leadership

Nana Philip Archer emphasized the Board’s commitment to excellence in corporate governance, integrated risk management, and real-time compliance monitoring.

“We will prioritize technology adoption and ethical leadership to safeguard GOIL’s future and deliver lasting value to our stakeholders,” he declared.

At the sidelines of the AGM held today at the Movenpick Ambassador Hotel, Managing Director Edward Abambire Bawa outlined ambitious plans to solidify the company’s position as Ghana’s leading Oil Marketing Company (OMC) while adapting to the global green energy transition.

Strategic Goals: Market Share, Competitiveness, and Innovation
In an exclusive interview, Mr. Bawa emphasized three key priorities for GOIL:
1. Market Leadership: Regaining and expanding GOIL’s market share.
2. Competitive Pricing: Enhancing efficiency to remain price-competitive.
3. Green Transition: Adopting innovative solutions to align with sustainability trends.

“Our job is clear—dominate the market, optimize costs, and embrace green energy innovations. Success in these areas will drive profitability, share value growth, and higher dividends for shareholders,” Bawa stated.

Key Strategies in Motion
To achieve these goals, GOIL is implementing several measures:

– Cost-Effective Sourcing: Securing cheaper product sources to reduce ex-refinery and ex-pump prices.
– Patient Capital: Reducing reliance on short-term, high-cost financing by pursuing long-term capital investments.
– Operational Efficiency: Slashing costs of sales, which have already contributed to improved profit margins in Q1 2025.

“Our financials show progress. Cost of sales as a percentage of revenue has decreased, signaling better efficiency and stronger profit potential,” Bawa noted.

Financial Performance & Shareholder Value
When questioned on GOIL’s financial health, Bawa highlighted:
– Improved Profits: The company outperformed its 2023 results, a year he described as “very difficult.”

– Share Price Growth: GOIL’s stock value surged from GH¢1.60 (Dec. 2024) to GH¢1.90 (June 2025), surpassing the projected 30% increase.
– Dividend Ambition: Bawa confirmed that declaring higher dividends remains a key performance indicator for the board.

“We aimed for a 30% share price rise but have already exceeded expectations. This momentum will continue,” he affirmed.

Looking Ahead
With a clear roadmap and early successes, GOIL PLC is poised for a transformative year. Shareholders eagerly await further gains as the company pushes toward greener energy solutions and market dominance.

“By next year’s AGM, we expect even greater strides,”Bawa concluded.

Tribute to Departed Colleagues

The Board paid heartfelt tribute to Mr. Kofi Ansah Otoo, former Chief Internal Auditor, and Mr. Robert Allotey of the Shareholders Association, honoring their contributions to the company’s legacy.

Conclusion: A Testament to Resilience

GOIL PLC’s record-breaking performance in 2024 underscores its ability to thrive amid adversity. With bold expansion plans, technological advancements, and a steadfast commitment to governance, the company is well-positioned to sustain its growth trajectory in 2025 and beyond.

Shareholders and industry analysts have lauded the results, signaling strong confidence in GOIL’s future as a leader in Ghana’s energy sector.

By Kingsley Asiedu

YEA, CAMFED signs Memorandum of Understanding to empower girls, PWDs on job creation

Prosper Kay
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YEA, CAMFED signs Memorandum of Understanding to empower girls, PWDs on job creation

In a bid to empower girls and Persons with Disabilities (PWDs) in the job space, the Youth Employment Agency (YEA) has signed a Memorandum of Understanding (MoU) with CAMFED Ghana, a Non-Governmental Organization, (NGO) to create jobs for the youth across the country.

The Chief Executive Officer (CEO) of YEA, Mr. Malik Basintale said his outfit will role out initiatives as part of the effort to generate job opportunities particularly for females and persons with disabilities to become self-independent in their respective jobs.

Mr. Malik Basintale was speaking at the signing ceremony on the occasion of YEA and CAMFED Ghana at the Agency office in Accra.

He however commended CAMFED for their youth driven initiatives and assured that YEA will partner them to explore areas in the economy where jobs can be created to enable the youth receive decent employment.

According to him, YEA have drawn a comprehensive job plan to enable the youth to venture into agriculture hence the Agency’s flagship programmed dubbed “Agriculture for Disability will soon be launched to train PWDs in catfish farming to earn a living.

The Chief Executive Officer therefore applauded CAMFED for engaging YEA saying the collaboration will help unleashed the potentials in women and PWDs to be gainfully employed across the country.

For her part, the Executive Director of CAMFED Ghana, Ms. Faituza Abdul – Rashid Safian said the partnership will challenge women to venture also into male dominated jobs and will build also capacity for women through training programmes.

According to her, the partnership will further address unemployment in relations to women to own their jobs to enable them contribute meaningfully towards the growth and development of the economy as well as support their respective families.

She however called for the need to support girls through entrepreneurial training programmes to enable them become self-sufficient in the working space, adding that CAMFED have put in place educational scholarships schemes as part of their effort to empower the youth.

Report by Ben LARYEA

AfCFTA Sec. Gen. Urges Ghanaians And Africans To Use IATF 2025 To Rewrite Africa’S Economic Integration Narrative

Prosper Kay
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AfCFTA Sec. Gen. Urges Ghanaians And Africans To Use IATF 2025 To Rewrite Africa’S Economic Integration Narrative

The African Export-Import Bank (Afreximbank), in collaboration with the African Union Commission (AUC) and the AfCFTA Secretariat have held the 2025 IATF (Intra-African Trade Fair) Ghana High-Level Roadshow as part of a series of events ahead of the 2025 IATF to be held in Algiers, Algeria, from September 4-10, 2025.

The IATF (Intra-African Trade Fair) 2025 Ghana High-Level Roadshow is a key event aimed at boosting intra-African trade and investment, particularly within the context of the African Continental Free Trade Area (AfCFTA).

The roadshow is part of a series of events by the organizers to galvanize interest for the IATF2025 which serves as a platform for businesses, investors, and other stakeholders to connect, share information, and explore opportunities within the African market.

In his address at the Ghana High-Level Roadshow of the 2025 IATF, Secretary General of the AfCFTA, H.E. Wamkele Mene expressed joy that all roads will be leading to Algiers, Algeria this September for the fourth edition of the Intra-African Trade Fair (IATF2025), which is Africa’s premier trade and investment event offering an unparalleled platform for the exchange of trade and investment information stating that it is a marketplace of ideas, opportunities, and partnerships. “As we work to scale up intra-African trade, build regional value chains, and accelerate industrialisation, the IATF serves as a key platform for connecting African businesses, investors, governments, and innovators. It is a catalyst for turning the promise of the AfCFTA into concrete outcomes: trade deals signed, investments mobilised, and jobs created.”

The Secretary General explained that the IATF2025 matter so profoundly to the Secretariat because, Africa’s path to genuine and inclusive prosperity depends on stronger trade performance as a fundamental prerequisite for lifting Africans out of poverty. But, for too long, Africa’s share of world trade has stagnated at just around 3%. While other regions trade extensively within themselves, Europe at 70%, Asia at 60%, North America at 40%, intra-African trade accounts for just about 15%. However, this figure likely understates the true scale of Africa’s internal trade, given the prevalence of informal cross-border activity, data gaps, and the limited capture of trade in services. But H.E. Wamkele Mene explained that more importantly, the AfCFTA Secretariat is driving a decisive shift in Africa’s economic destiny. “The AfCFTA is designed to transform the continent’s economic landscape by fostering regional and continental value chains, and accelerating industrialization, and enhancing our global competitiveness”.

“Historically, our trade has often been extractive, sending raw materials abroad only to re-import finished goods. The AfCFTA is fundamentally changing this paradigm. By dismantling trade barriers, reducing tariffs and eliminating non-tariff barriers, and fostering production networks, we are incentivizing industries to specialize, process, and add value on the continent. This means more intermediate goods and finished products moving across African borders, fostering economies of scale and diversifying our economies away from volatile commodity dependence” The Secretary General explained

H.E. Mene said, the Secretariat is actively working to attract cross-border investments into key sectors like agro-processing, mining, energy, and manufacturing, to ensure higher value addition within Africa.

He added that standardization of regulations and customs processes are essential, strengthening RVCs by ensuring seamless compliance and the AfCFTA places high priority on building and strengthening robust regional infrastructure and connectivity, which will significantly reduce transportation costs.

The Secretary General emphasized that IATF2025 is where the secretariat’s vision is translated into practical reality as it is the direct marketplace for this dynamic interaction. And at IATF2025, the AfCFTA Secretariat will also be present with its dedicated pavilion, showcasing the significant achievements of the Agreement so far. This pavilion will serve as a direct resource, offering guidance on navigating the AfCFTA, highlighting opportunities, and connecting businesses with the tools they need to thrive.

He said the roadshow is designed to equip the Ghanaian public and private sectors, the financial institutions, and for relevant trade and industry associations and that they will gain vital information about the comprehensive suite of Afreximbank products and facilities available to them, enabling them to fully seize the opportunities offered under the AfCFTA. He said, this is an important step in initiating a pipeline of concrete trade and investment deals; deals that could be announced and celebrated during IATF2025 itself.

“I urge all Ghanaian businesses, whether you are looking to exhibit your excellence, source new suppliers, find investment, or simply explore the vast potential of our continental market, to actively participate in IATF2025. It is your gateway to forging new partnerships, securing lucrative deals, and playing your part in building a truly integrated and prosperous Africa” Secretary General Wamkele Mene implored.

The AfCFTA Secretary General urged Ghanaians and Africans to work together to make IATF2025 the most successful edition yet as the future of African trade is unfolding and happening now.

Kenya And AfCFTA Secretariat Host High-Level Meeting On Africa Green Industrialisation Initiative (AGII)

Prosper Kay
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Kenya And AfCFTA Secretariat Host High-Level Meeting On Africa Green Industrialisation Initiative (AGII)

The government of Kenya led by President William Ruto in collaboration with the African Continental Free Trade Area (AfCFTA) Secretariat has held a High-Level Consultative Meeting on the Africa Green Industrialization Initiative (AGII), a transformative Pan-African effort aimed at positioning the continent as a global leader in green manufacturing and climate-smart industrial development.

The forum which brought together senior representatives from Africa’s leading development finance institutions, commercial banks, and continental bodies, including the African Union Commission (AUC) seeks to design a robust financing framework for priority green industrial clusters.

In a statement by His Excellency the Secretary General of the AfCFTA Secretariat, the High-Level Consultative Meeting on the Africa Green Industrialisation Initiative (AGII) at the State House in Nairobi and Chaired by H.E. President William Ruto was a crucial step towards translating the AGII vision into concrete, investable action.  “We had productive discussions focused on mobilising finance and developing a financing framework for green industrial clusters, reflecting our collective commitment to Africa’s green industrial future”. His Excellency Wamkele Mene asserted.

Formally endorsed by the African Union in February 2025, the Africa Green Industrialization Initiative aims to accelerate the continent’s green industrial transition.

The AGII aligns with Africa’s broader goal of structural economic transformation and is rooted in commitments made under the Nairobi Declaration on Climate Change, which identified industrialisation as crucial for climate-resilient growth, job creation, and sustainability.

The forum which aimed to secure strategic commitments from financial institutions, not only as funders but as co-architects of a homegrown financing model that supports climate-smart industrial growth was also attended by African Development Bank (AfDB), African Export-Import Bank (Afreximbank), Africa50, Africa Finance Corporation (AFC), Standard Bank Group, Ecobank Transnational Incorporated (ETI), KCB Group, Equity Group Holdings, as well as the African Union Commission (AUC).

H.E. Wamkele Mene Urges Prioritizing Continental Health Services As Nigeria Commissions $350M African Medical Centre Of Excellence

Prosper Kay
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H.E. Wamkele Mene Urges Prioritizing Continental Health Services As Nigeria Commissions $350M African Medical Centre Of Excellence

Secretary General of the AfCFTA Secretariat, H.E. Wamkele Mene has highlighted the critical need for advanced medical facilities and quality health services in Africa, in order to retain monies that are currently funding oversees treatment which can be used in strengthening Africa’s healthcare infrastructure, invest in local talent and build regional centers of excellence.

In a speech delivered during the commissioning of the $350m World Class African Medical Centre of Excellence (AMCE) at Abuja in Nigeria, the Secretary General explained that health services have been prioritised under the AfCFTA Protocol on Trade in Services with the current phase of negotiations intended to expand market access in the critical sector to enabling African healthcare providers and professionals to operate seamlessly across borders.

H.E. Mene revealed that Africa collectively spends over one billion dollars annually on medical care abroad. “This massive outflow reflects deep structural gaps in the continent’s health systems, particularly in specialized care and advanced diagnostics. By retaining this expenditure, Africa not only conserves vital foreign exchange but also advances health sovereignty, channeling resources into pressing development priorities like education, innovation, and social protection”, he advised.

He explained that the situation necessitates the critical need for advanced medical facilities and services within the continent, a need he believes precisely addressed by initiatives such as the African Medical Centre of Excellence (AMCE). He said the AMCE flagship facility is a strategic investment in Africa’s future, marking a paradigm shift, delivering world-class, advanced medical care, especially in critical areas like oncology, haematology, and cardiovascular diseases, right here on our continent.

He added that by offering state-of-the-art diagnostics and treatment, fostering cutting-edge research, and establishing world-class training programs, AMCE will effectively curb medical tourism, retain vital foreign exchange, and, most importantly, reverse the ‘brain drain’ of Africa’s brightest medical minds. He said, such a facility will become a vibrant hub for innovation, cultivating the next generation of African healthcare leaders and ensuring that Africans receive the highest quality care at home. “This initiative embodies our collective commitment to self-sufficiency and inclusive human development across the continent”.

The Secretary General further explained that the AMCE reinforces the AfCFTA’s objective of facilitating the movement of skilled professionals, essential for closing skills gaps, expanding specialized care, and ensuring African talent thrives on African soil. “Strong, integrated health systems are also vital for combating diseases and building resilient public health infrastructure. Furthermore, AMCE’s success positions Africa as a premier destination for medical tourism, conserving foreign exchange and attracting patients from across the continent and beyond”.

Commissioning the facility in Abuja, President Bola Ahmed Tinubu of Nigeria echoed that Nigeria is proud to host the largest stem cell laboratory in West Africa, which is located within the AMCE. Adding, that with the planned Medical and Nursing School on the campus, and with partners ranging from King’s College London to the University of Wisconsin, AMCE is laying the foundation for a new generation of African medical specialists who will no longer be exported but empowered at home.

He observed that the establishment of the AMCE is a collective refusal to accept medical vulnerability as a destiny, stressing that the Centre is a promise of the continent, and a statement that Africa is prepared to compete with the best medical services around the world.

President Tinubu stated that the African Medical Centre of Excellence could not have come at a better time and that the facility will benefit from the investments and reforms his administration has championed, and it is also a reminder that the ultimate measure of a functional nation is the synergy between the government and private sector players to co-create solutions.

AfCFTA Secretariat Concern About Recent Downgrade Of The African Export-Import Bank (Afreximbank) By Fitch Ratings From ‘BBB’ To ‘BBB-’ With A Negative Outlook

Prosper Kay
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AfCFTA Secretariat Concern About Recent Downgrade Of The African Export-Import Bank (Afreximbank) By Fitch Ratings From ‘BBB’ To ‘BBB-’ With A Negative Outlook

The AfCFTA Secretariat has expressed grave concerned by the recent downgrade of African Export-Import Bank (Afreximbank) by Fitch Ratings. The Secretariat says while they acknowledge the role of rating agencies in global financial markets, they are concerned that such assessment may not fully reflect the evolving realities, priorities and vision of the African continent.

Afreximbank has been in the forefront of efforts at transforming the economic landscape of Africa and is a strategic partner of the AfCFTA Secretariat in pursuing a successful implementation of the AfCFTA. The Bank’s interventions span key areas including trade and project finance, implementation of the AfCFTA Adjustment Fund, development of industrial value chains, promotion of digital trade and payments in local currencies through PAPSS, and broader investment facilitation aligned with the AfCFTA’s objectives.

The Bank continues to play an essential role in de-risking trade and enabling private sector participation across the continent and the AfCFTA Secretariat believes that the rating action, based in part on the reclassification of sovereign exposures to shareholder States (in disregard of established international financial reporting standards applied by financial institutions) and the disclosure of those exposures, raises broader concerns about the interpretation of intergovernmental financial obligations.

Afreximbank operates under a Treaty-based framework that provides preferred creditor treatment and safeguards the Bank’s role in providing critically needed support when global capital markets become difficult to access. Thus, the AfCFTA Secretariat views the classification of these exposures as non-performing in the absence of a formal default, repudiation, or material breach, which fails to reflect the spirit and structure of African multilateral finance.

In a statement released by the AfCFTA Secretariat, the explained that what is more worrying is the rating agency’s forthright attribution of a negative outlook on Afreximbank on the basis that its sovereign exposures may be restructured unilaterally, in total disregard of the Treaty conferring it with a preferred creditor status as signed and ratified by 53 African States.

“The AfCFTA Secretariat underscores the importance of credit assessments that are not only rigorous but also grounded in a full understanding of the legal and governance arrangements underpinning African multilateral finance institutions. Afreximbank has been an indispensable partner in advancing Africa’s collective economic interests, particularly during times of crisis.

From leading pandemic recovery efforts to financing critical trade and infrastructure initiatives, the Bank has consistently stepped in where conventional institutions have hesitated. Its catalytic role, especially in supporting the implementation of the AfCFTA and strengthening of regional value chains, reflects a strategic and development-focused mandate as recognized in its establishment instruments” The statement emphasizes.

In an era where Africa is striving for economic sovereignty, industrialisation, and integration, downgrades that fail to account for the political will and regional solidarity underpinning these initiatives risk reinforcing outdated narratives of African risk. Rather than penalizing institutions that are driving transformative change, the international community should recognise and support Afreximbank’s mission as a pillar of Africa’s economic resilience and integration. The AfCFTA Secretariat says it remains confident in Afreximbank’s long-term strength, its visionary leadership, and its critical role in the structural transformation of African economies and call for a more balanced consideration of the status of African institutions, especially as duly mandated by sovereign African States.

“Afreximbank is not only a cornerstone of Africa’s trade and development architecture, but also an essential instrument for the delivery of the AfCFTA. It is deeply concerning that, at a time when Africa is mobilising its institutions to implement its most ambitious integration effort, such a rating action would be issued based on assumptions that fail to account for the Bank’s legal foundation and institutional mandate,” said H.E. Wamkele Mene, Secretary- General of the AfCFTA Secretariat.

“Africa cannot accept that the assessment of its leading institutions is driven by a misguided and biased reading of the Treaty establishing the institutions. In particular, it is strange that the most valuable African multilateral institutions are mischievously reported as not entitled to the protections of African States afforded by their respective establishment treaties, while at the same time advocating that similar foreign institutions operating on the continent are entitled to those protections by the same African states. It is time Africans understood that this is a deliberate and coordinated attempt at undermining institutions established and controlled by Africans to promote its development.” H.E. Wamkele Mene added

The AfCFTA Secretariat says it stands firmly in support of Afreximbank and its continued leadership in financing the continent’s transformation and encourages all stakeholders, including investors and financial partners, to maintain confidence in Afreximbank’s institutional resilience and its foundational role in delivering the continent’s integration priorities. The Bank remains a credible and indispensable instrument for accelerating intra-African trade.

The AfCFTA Secretariat reaffirms its full confidence in Afreximbank’s track record, governance, financial soundness and enduring relevance to the continent’s economic

transformation.

Spotify EQUAL Africa Ambassador for June: Njerae’s Soulful Journey of Strength, Sound and Self-Belief

Prosper Kay
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Spotify EQUAL Africa Ambassador for June: Njerae’s Soulful Journey of Strength, Sound and Self-Belief

This June, Spotify’s EQUAL Africa programme shines a spotlight on Njerae, a rising Kenyan artist whose voice carries both vulnerability and conviction. Her music, described as soulful and refreshing, offers more than melody; it’s a form of release, healing, and self-expression born from navigating both personal silence and social noise.

Njerae’s journey into music began in quiet rebellion. A naturally introverted soul, she found herself writing as a way to process the world; starting with poetry in the aftermath of a national tragedy, and later transforming those emotions into music. What started as a private outlet grew into a public gift.

With Sauti Sol and Phy as early inspirations, Njerae’s artistry reflects the influence of African greats, while carving a distinct lane of her own. Her presence in a male-dominated industry is defined not by opposition, but by unapologetic authenticity. “This is such a huge opportunity for me and I’m super excited to have my face on such a platform,” she says of her EQUAL Africa recognition. “It’s such an amazing program especially that focuses on putting women on top, empowering them, and I love that. It’s something that pushes us, and it’s a huge honor.”

She adds, “A quote I live by is ‘Dress for the job you want, and not the one you have.’ Again, I never let being a woman interfere with my journey. I’m going to keep pushing and going after what I want regardless of my gender, and I will not dim my light for anything because I’m a woman.”
Get to know Njerae in her own words below.

What is one surprising thing your fans may not know about you?
I’ve never had any other job other than doing music. I’ve never been employed.

When did you realize music was in your destiny and what’s your WHY for pursuing this craft?
I’m very introverted. Growing up, I realized I would keep things inside and then I’d end up having a huge blow-out which is just not healthy. I then started writing around the time there was a lot of terrorism in the country, around sometime there was some bomb that blew in a matatu and I remember that was the first time I just wrote. It was more like poetry, no melody or anything. Slowly, I picked up the guitar and started writing with instruments and a melody and music just became a form of expression rather than putting it out for people to listen to. I had specific things I didn’t know how to tell people and it was only through music I could do so, and that is my reason.

Which African songs or artists did you grow up listening to?
I grew up listening to a lot of Sauti Sol, Phy, Tiwa Savage, artists like Wahu – but primarily Sauti and Phy. Sauti I just feel like they started doing it and made it work but Phy was the first African woman that I saw play guitar on stage, singing sad love songs that people would jam to. When she did “Taboo” – that inspired me a lot to go to Sauti Academy and I’m here today.

To someone who’s never heard your music, how would you describe your sound, tone and style?
My music is really soulful and refreshing. It’s like a breath of fresh air – like a nice sigh of relief.

Any advice for someone dreading following their dream?
If you’re dreading it , is it really your dream? (Chuckles) Nothing good ever comes easy. Even with me, I’ve been pursuing this music dream , by next year – it’ll be ten years, but if you ask anyone – they’ll say I just started releasing music 2 years ago. 
Nothing good ever comes easy. It’s gonna be a lot of hard work. Special people are the ones who will be put down. Many people told me stuff like ‘My music is too wordy or too white’ and I’m glad that I didn’t really pay attention to them. At the end of the day, the dream is mine and I’m the only one who knows why I’m doing it, what I want from it – and the kind of satisfaction it gives me is not the same it will give the doubters. So keep pushing, and it will come at the end of the day.

How do you navigate the industry as a woman artist , and how does your unique perspective shape your artistry?
Being a woman artist is not easy, but one thing I’m particular about is that I don’t let that deter my journey. Me being a woman should not let that stop anyone from listening to my music and it shouldn’t stop me from living the same dream another male artist is currently living. There’s a lot of pros and cons but it’s just a matter of knowing your values and upholding them. With anything – just focus on your goals and dreams and not allowing anything or anyone coming in between that – and just keep pushing.

In terms of my perspective , I’ve never shied away from saying because I’m a woman – I need this. There’s a lot of things that I would require as a woman that a male may not necessarily require but I never shy away from expressing that I need access to certain things that would make life more bearable for example – a designated changing room, having space for a make-up artist, or little things like a mirror or wipes – but I definitely don’t let my gender affect me or my qualification as an artist. I keep doing what I’m doing with my chest and my head held high.

A Quote from you navigating the male-dominated Industry and being part of the EQUAL program:

This is such a huge opportunity for me and I’m super excited to have my face on such a platform. It’s such an amazing program especially that focuses on putting women on top, empowering them, and I love that. It’s something that pushes us, and it’s a huge honor.

A Quote I live by is “Dress for the job you want, and not the one you have” – Again, I never let being women interfere with my journey. I’m going to keep pushing and going after what I want regardless of my gender, and I will not dim my light for anything because I’m a woman.

About Spotify

Spotify transformed music listening forever when it was launched in 2008. Its mission is to unlock the potential of human creativity by giving a million creative artists the opportunity to live off their art and billions of fans the opportunity to enjoy and be inspired by these creators. Everything we do is driven by our love for music and podcasts. Discover, manage, and share over 100 million tracks, including more than 6 million podcast titles, for free, or upgrade to Spotify Premium to access exclusive features for music including improved sound quality and an on-demand, offline, and ad-free music listening experience. Today, we are the world’s most popular audio streaming subscription service with a community of 626 million users, including 246 million Spotify Premium subscribers, in over 180 markets.

Yellow Card Partners with Visa to Accelerate Stablecoin Adoption Across Emerging Economies

Prosper Kay
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Yellow Card Partners with Visa to Accelerate Stablecoin Adoption Across Emerging Economies

Yellow Card, the leading licensed stablecoin payments orchestrator for Africa and the emerging world, announced a partnership with Visa (NYSE: V), a global leader in digital payments, to help drive the next phase of innovation in cross-border payments and financial infrastructure across emerging markets where Yellow Card is licensed to operate.

Through this partnership, Visa and Yellow Card will collaborate to explore stablecoin use cases and opportunities to help streamline treasury operations, enhance liquidity management, and enable faster, more cost-effective money movement across borders.

“Traditional payment companies continue to question not ‘if’ they need a stablecoin strategy, but how quickly they can deploy one,” said Chris Maurice, Co-Founder and CEO of Yellow Card. “We are thrilled to partner with Visa to help realize the potential of stablecoins technology in emerging economies.”

Godfrey Sullivan, Senior Vice President and Head of Product and Solution for CEMEA, Visa, said, “We’re excited to team up with Yellow Card to enable faster and more accessible digital payments. We believe that every institution that moves money will need a stablecoin strategy. As more players in the payments ecosystem explore this powerful new technology, Visa stands ready to help our partners navigate the transformation, bringing the scale, trust and innovation needed to help build the next generation of global payments.”

Yellow Card operates in 20+ African countries and provides access to secure, compliant, and accessible stablecoin products for consumers, businesses, and developers. This partnership further cements Yellow Card’s role as a critical financial gateway and infrastructure provider in emerging markets.

About Yellow Card

Yellow Card, which was founded in 2016 by Christopher Maurice, our Chief Executive Officer, and Justin Poiroux, our Chief Technology Officer, is the leading licensed Stablecoin payments orchestrator for Africa and the emerging world. We enable businesses of all sizes to make international payments, manage their treasury, and access USD liquidity by leveraging the power of Stablecoins. Since launching in Nigeria in 2019, we have generated volumes of over US$6 billion and provided our innovative solutions to banks and other financial institutions, importers/exporters, manufacturers, food producers, venture-backed FinTechs, and others.

Golden Tintona Investments Rebrands to GTI Holding: A Bold Step Toward a Unified Global Identity

VEK
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Golden Tintona Investments Rebrands to GTI Holding: A Bold Step Toward a Unified Global Identity

Golden Tintona Investments, a prominent African conglomerate with diversified interests across finance, technology, infrastructure, health, and sustainable development, is proud to announce its rebranding to GTI Holding. This strategic transformation signals a bold evolution of our corporate identity, as we unify our vision and reinforce our position as a forward-thinking holding company poised for global impact.

The transition from Golden Tintona Investments to GTI Holding reflects more than a name change—it is a powerful statement of our growth, agility, and renewed commitment to delivering world-class solutions across our over 17 subsidiaries. The simplified name, GTI, represents focus, strength, and modernity, while “Holding” solidifies our role as a strategic parent company enabling synergy, innovation, and long-term value creation across sectors.

Strengthening Our Global Footprint

As we step into this new chapter, GTI Holding emerges with a strengthened identity that speaks to both our African roots and our global aspirations. With our Golden Tintona Global LLC office in the United States serving as a key international hub, we are expanding our capacity to foster strategic alliances, attract global investment, and export African innovation to the world.

This rebrand allows us to present a unified and compelling image to partners, investors, and clients across international markets, affirming our readiness to engage on a broader scale and contribute meaningfully to global conversations on development, technology, and sustainability

A Message to Our Stakeholders

To our customers, shareholders, and employees: this change reaffirms what has always been at the heart of our business—an unwavering dedication to excellence, integrity, and innovation. While our name has evolved, our mission remains the same: to deliver transformative value through strategic investments, cutting-edge technology, and impactful solutions.

We are committed to ensuring a seamless transition. All our operations, contacts, and corporate structures remain unchanged, and our teams are fully aligned to carry forward the legacy and promise of GTI Holding with renewed energy.

Looking Ahead

GTI Holding is more than a new identity, it is a signal of our ambition. We are excited about what lies ahead and grateful for the trust and support of all who journey with us. Together, we will continue to build a brand that inspires, leads, and delivers across Africa and the world.

Why Every Ghanaian Should Use GhanaPay Mobile Money

Prosper Kay
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Why Every Ghanaian Should Use GhanaPay Mobile Money

Stop Paying to Pay—Use GhanaPay Instead
GhanaPay: Mobile Money with Zero Fees

It all started when a colleague said, “Just dial *707#,” and suddenly, the entire office was buzzing. Why? Because with GhanaPay, sending money comes with zero transaction charges. Imagine transferring money to your grandmother in the village or paying your Bolt driver in Accra—without losing a single cedi in fees.

For Ama, a university student managing a tight budget, using GhanaPay has made everyday transactions a lot easier. it’s been a welcome change. Before GhanaPay, my mum always had to factor in transfer charges when sending money to her suppliers,” a colleague shared. “Now, it’s free—and that little difference adds up and helps her business.
GhanaPay isn’t just another mobile wallet. It’s a game-changer for everyday Ghanaians students, farmers, drivers, traders—who need a simple, secure, and cost-free way to send and receive money. With zero transaction fees, GhanaPay is making digital finance truly accessible to all.

But the app is more than just easy and affordable. It’s backed by trusted, regulated banks, ensuring users are protected. That trust matters especially for Ghanaians in rural areas who sometimes are unable to access traditional banking systems.

No bank nearby? No problem. GhanaPay bridges the gap, bringing financial services to those who need them most. Whether it’s a tomato seller in Tamale or a pensioner in Takoradi, the app is built for everyone, with a user-friendly design that makes sending money simple even for first-time users.

Getting started is easy:
Download the GhanaPay app or dial *707#

Select UBA as your preferred bank if using the app

Register with your Ghana Card

Start making free transfers and secure payments—with peace of mind
Enjoy a bouquet of services on GhanaPay Mobile Money, which offers great value for money:

Free statements of account
Free cash withdrawals at all bank branches
Free transfers to all banks
Earn quarterly statutory interest of 1.5%, and up to 5% on savings
The benefits go on and the impact is real.

With GhanaPay’s mission to drive financial inclusion by simplifying digital payments, it’s more than just a mobile wallet. GhanaPay is connecting Ghana digitally, removing barriers like transaction fees, and making it easier for businesses and consumers alike to thrive. By supporting seamless, cost-free transfers, GhanaPay empowers individuals and enterprises across the country to participate fully in the economy.

Beyond convenience, GhanaPay is part of a bigger story a movement to strengthen Ghana’s financial independence. Every time you use GhanaPay, you’re keeping money in Ghana’s economy and investing in a system that works for all of us.

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