Tag: Ghana
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Infrastructure Development in West Africa: A Catalyst for Growth and Opportunity
West Africa, a region teeming with potential, stands on the cusp of a transformative era. With a burgeoning population exceeding 400 million and an abundance of natural resources, the area is experiencing an upward trajectory in economic growth. This rise is sparking a keen interest in infrastructure development, a crucial factor in the region’s ongoing…
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Rediscovering Roots: Top 10 African Destinations for the Diaspora’s Return
The “Back to Africa” migration movement, also known as the African diaspora’s return to their ancestral lands, is a significant cultural and demographic shift. This movement is characterized by individuals of African descent, particularly those whose ancestors were displaced due to the transatlantic slave trade, seeking to reconnect with their roots by moving to various…
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Golden Horizons: Projected Surge in India’s Gold Imports
How to Import Gold from Ghana to India India’s longstanding relationship with gold continues to evolve, reflecting not just cultural affinity but also significant economic implications. As one of the world’s largest importers of gold, India saw the import of approximately 413 tonnes in 2020, a substantial figure that primarily bolstered its extensive jewelry industry.…
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Safe Keeping Receipts (SKR) for African Gold Export
Safe Keeping Receipts (SKR) is one of the steps involved in West Africa Gold Export. An SKR is another bank instrument that is used as an alternative financing tool. These instruments can be issued from banks, bullion vaults, storage houses, or alternative financing facilities. Those that issue the SKR do not own them, so the asset…
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Ghana Gold Export of Doré Bars to Switzerland
Ghana Gold Export of 5kg of Doré Bars CIF vs FOB When it comes to international trade, CIF (Cost, Insurance, and Freight) and FOB (Free On Board) are two common terms used to define the responsibilities of buyers and sellers in the transaction. CIF means that the seller is responsible for the cost of the goods,…
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Invest Offshore in Ghana Gold Export
How much Dore Gold does Ghana export? According to the World Gold Council’s report on gold production and exports, Ghana is the largest producer and exporter of gold in Africa. In 2020, Ghana produced 142 metric tonnes of gold and exported approximately 80% of it. However, the report does not provide specific information on the…