For candidates who have been shortlisted for the business registration exercise for the Greater Accra region, GIZ organised a two-day training session at the Airport View Hotel in conjunction with Merchant Resources and Investment Limited Company. During the sessions, Mr Julian Boakye, Senior Consultant at Merchant Resources and Investment Limited Company and Lead Consultant on the project, took participants through the importance and benefits of formalizing their businesses by registering with the Registrar General’s Department.

He emphasised why registering a business is important and advantageous, such as establishing legitimacy and brand awareness, as well as raising considerable funding for the business.

Mr Edem Badu, a consultant at Merchant Resources and Investment Limited Company, also took participants through the various business structures that can be registered. They include sole proprietorship, partnerships, as well as limited liability company, among others. He further discussed the prerequisites that a business owner must meet to effectively register their business, such as having the Ghana Card, Tax Identification Number (TIN), Director(s) (where required) as well as address, to mention a few.

Following the in-depth presentation, the Merchant Resources and Investment Limited Company team assisted participants to fill out the respective forms for onward submission to the Registrar General’s Department. Similar workshops will be conducted in the other project regions.

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Merchant Resources and Investment Limited Company kicked off the new year with excellent training organised by PriceWaterhouseCoopers. The 4-days training was designed to give employees technical skills for selling unsought, high-value, and challenging items.

It covered a wide variety of subjects important to the consultants at Merchant Resources and Investment Limited Company like as trust-based relationship selling, negotiations and contract management, dealing with demanding customer scenarios, and many more.

Here at Merchant Resources and Investment Limited Company, we believe a strong sales force is a company’s lifeblood and the link between it and its customers. As a result, the training’s goal was to provide the team with the required abilities to present Merchant Resources and Investment Limited Company to existing and future clients.

Aside from listening and actively taking notes during the training, there were a handful of team-based activities to identify possible difficulties in a firm. Issues such as how communication may be lost in translation as it moves up and the hierarchy were identified, as well as how, in the absence of adequate delegation, some people are performing more than expected while others are underutilized.

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KfW, a German Development Bank has created the Investing for Employment (IFE) mechanism to help enhance employment through digitalization. IFE provides subsidies to long-term investment initiatives that have a high potential for job development. IFE plans to conduct a call for proposals in Ghana with a focus on digitisation. As the primary consultants for the projects, Merchant Resources and Investment Limited Company is assisting in the advancement of this endeavour.

On 5 November 2021, KfW, with the support of Merchant Resources and Investment Limited Company, hosted a Roundtable Discussion on digitization at Villa Monticello in Accra. The informal event brought together significant participants from Ghana’s digital realm, both public and private. Accra Digital Centre, Blue Space Africa, Atunwa Digital, National Distance and Online School, Ghana Tech Lab, Info-Tech Systems Limited, Kosmos Innovation Center, Innohub, and IT Consortium were among them.

The discussion was moderated by Arndt Wierheim, KfW Country Director for Ghana, with assistance from Nicholas Frimpong Manso, Managing Director of Merchant Resources and Investment Limited Company.

The purpose of the roundtable was to assess the market’s feasibility for such an investment as well as to learn about the demands of local tech companies

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Two years ago, Pureco-Unit Consortium started its first major investment in Africa in the city of Kumasi, Ghana. A unique solution for the treatment of the city’s untreated wastewater was designed and built under the name, Septopure technology.

The Kumasi Wastewater Treatment Plant was designed and built by the Pureco-Unit Consortium for one of Ghana’s largest private groups, the Jospong Group of Companies. The Hungarian EXIM bank provided a unique type of financing for the project in the form of buyer’s credit, that is, a loan to the Ghanaian partner that made the implementation and the daily work effective and also ensured a stable financial return. The Ministry of Foreign Affairs and Trade provided stable economic and diplomatic backing for the project.

The ceremony was graced by the presence of Hon. Mrs Cecilia Abena Dapaah, Ghanaian Minister of Sanitation and Water Resources, in her speech underlined the importance of the excellent business, professional and human partnership between Ghana and Hungary. The Minister also praised the environmental and health benefits of the project, which will reduce surface and groundwater pollution and the incidence of diseases caused by contaminated drinking water. Furthermore, it will improve sanitation and significantly reduce the country’s ecological footprint.  Thanks to the new plant, Ghana will significantly contribute to the fulfilment of the Sustainable Development Goals (SDGs).

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The conference provided general insight into the recent and ongoing activities of major players in the industry. In line with the Ghana Energy Awards’ objective of recognising the relevance and impact of the industry’s efforts, the GEA participated in the 2021 fair to announce the presence of the awards scheme, its processes and intent of acknowledging and rewarding such innovation and excellence of these energy companies.

Merchant Resources and Investment Limited Company‘s Patricia Danful, Consultant and Event Coordinator, attended the event and was able to market and raise awareness for GEA. She graciously welcomed visitors to the Ghana Energy Awards stand and taught them about the awards’ significance. She took energy companies through the steps for nominating themselves if they choose to do so.

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Hon. Dr Matthew Opoku Prempeh, the Minister of Energy, has praised the impending 5th anniversary Ghana Energy awards, which is being co-organised by Merchant Resources and Investment Limited Company in partnership with Energy Media Group. This year’s theme is “The Evolution of Digitalisation in the Energy sector”.  

This national Energy Awards program aim to honour actors in the public and private sectors, as well as non-governmental organisations, for their, efforts, achievements within the energy sector.

The awards scheme maintains its legitimacy in all awarding processes, with support from the Ministry of Energy. The awards’ 2021 edition was officially launched on July 5th, with nominations open from 5th July through 20th October 2021.

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ZTE, the Chinese partly state-owned technology company, one of the world leaders in telecommunications and information technology, established a partnership with Merchant Resources and Investment Limited Company to provide market intelligence in the West African Region.

ZTE’s core business is telecommunications software, data telecommunications software, optical transmission, wireless, exchange, access, and mobile phones.

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Konrad Adenauer Stiftung organized a workshop for fifteen (15) members of the Ghanaian Parliament at the Accra City Hotel in Accra, Ghana.

At the two – hour workshop, the KfW’s Investing for Employment (IFE) GmbH was given the opportunity to introduce its grant facility and the upcoming Call for Proposals to the MPs who may be interested to apply with concrete projects.

Also highlighted during the presentation was that the IFE awards co-financing grants ranging from €1 million to €10 million per project through a competitive application process under four project categories: public infrastructure for job creation; common service for job creation; for-profit projects with broader job creation impact; and for-profit projects for job creation. Mr. Nicholas Frimpong-Manso, KfW Focal Point for the Special Initiative on Training and Job Creation (SI Jobs) for Ghana, also answered questions posed by the MPs regarding the grant facility.

Overall, the MPs were generally interested in the facility, which they believed would go long way to support job creation in their constituencies.

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Merchant Resources and Investment Limited Company, represented by its Managing Director, Mr. Nicholas Frimpong-Manso, was appointed as the KfW Focal Point for the Special Initiative on Training and Job Creation (SI Jobs) for Ghana. In this role, he is supporting KfW in the preparation and implementation of a grant scheme to support investments in Ghana with a significant employment impact. He is the main counterpart of KfW in Ghana for potential public and private beneficiaries, members of the German Development Cooperation including the German Society for International Cooperation (GIZ) and Investing for Employment (IFE) GmbH and all relevant stakeholders. KfW carries out its activities in collaboration with GIZ under the German Development Cooperation.

The German Federal Ministry for Economic Cooperation and Development (BMZ) established the Special Initiative on Training and Jobs to create long-term, full time jobs, offer quality-based training and education and to improve working conditions in partner countries.

IFE is a limited liability company under German Law and was founded by KfW in 2019 to execute said grant scheme under the SI Jobs Initiative via competitive selection processes for grantees in 7 African countries: Ivory Coast, Ethiopia, Ghana, Morocco, Rwanda, Senegal, and Tunisia. The IFE awards co-financing grants ranging from €1 million to €10 million per project through a competitive application process under four project categories: public infrastructure for job creation; common service for job creation; for-profit projects with broader job creation impact; and for-profit projects for job creation.

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The 4^th Edition of the Ghana Energy Awards was held on the 30^th October 2020 at Movenpick Ambassador Hotel, Accra on the theme “Excelling in Crisis: The Energy Sector in a COVID-19 Era”.

The Ghana Energy Awards (GEA) aims to honor deserving individuals and institutions in Ghana’s Energy Sector. The event was organized by the Energy Media Group, in collaboration with Merchant Resources and Investment Limited Company.

Nominations for GEA’ 2020 was opened on 28th July 2020 to 30th September 2020 and top nominees were shortlisted by the judging panel. GEA announced the shortlisted nominees on 12th October 2020 on the Ghana Energy Awards website, in the press release and on all its social media platforms. This year’s GEA honoured 9 outstanding individuals and 15 companies on the awards night. The Guest of Honor for this year’s event was Hon. John-Peter Amewu, Minister of Energy and also gracing it were distinguished individuals such as Odeneho Kwafo Akoto III, Akwamumanhene of Akwamu Traditional Area – Chairman of the event, Mr. Kim Sungsoo, the Ambassador of the Republic of Korea to Ghana, Hagen Maroney, the Economic Counselor of the US Embassy, and representatives from the German Embassy and KFW.

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