UT Bank Ltd and Amethis Finance, a Paris based Private Equity Firm, on Thursday announced a USD 10m subordinated loan agreement, subject to approval from the Bank of Ghana.

Danone and The Abraaj Group (“Abraaj”), a leading investor operating in growth markets, today announced a partnership agreement whereby Danone will join Abraaj in the acquisition of Fan Milk International.

The Exchange has admitted to its Official List, the Government of Ghana’s 2-Year and 7-Year Treasury Notes and Bonds issued from July 2, 2013 to September 13, 2013.

Guinness Ghana Breweries Limited's net profits rose to 25 million cedis during the 12 months through June 2012, up from 533,000 cedis during the same period a year earlier, the company said on Monday.

Financial charges fell 61 percent during the period to 7.76 million cedis, while net turnover rose nearly 20 percent to 292.32 million cedis, the company said in a filing with the Ghana Stock Exchange.

Source: Reuters