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Bayport grants scholarships to 20 brilliant but needy students



Bayport Savings and Loans has awarded full educational scholarships to 20 brilliant but needy students selected from across the country as part of its corporate social responsibility.

The beneficiaries comprising 11 males and nine females in primary, junior and senior high and tertiary institutions were shortlisted from a total of 84 applications received from Bayport’s customers across the country

Chief Executive Officer of the company, Akwasi Aboagye, said the gesture is a way of contributing to the educational needs of people in the various communities in which the business operate, adding, the success of any business is dependent on the support of the community.

“At Bayport, we believe education is the bedrock of societal development and as such we are committed to supporting and contributing to the success of students,” he added.

The CEO congratulated all 20 students and urged them to prioritise their education as Bayport cushions them with the financial support.

The scholarship package according to a Commercial Officer at Bayport Savings and Loans, Allen Jubin, include tuition fees, accommodation and books of the students.

He further stated: “it is our hope that this initiative will form part of the students’ success stories when it comes to education.”

The Bayport Scholarship Scheme recipients for 2022/2023 include Adolf Abayema Aganwime – Tower of Grace Academy; Afoah Tracy Anyemeeng- University of Ghana; Asante Derrick – Kwame Nkrumah University of Science and Technology; Badebagna Helena Mwintero, – University of Natural and Energy Resources; Christopher Denu – Kwame Nkrumah University of Science and Technology; Daniel Kwame Walker – University of Cape Coast; and Dugbley Benjamin Selorm, University of Cape Coast.

The rest are: Jennifer Mensimah Assibu – University of Cape Coast; Kobina Akofi-Holison – Kwame Nkrumah University of Science and Technology; Konama Gloria -Berekum College of Education; Mavis Oppong, – University of Ghana; Maxwell Ntiamoah – Kwame Nkrumah University of Science and Technology; Nicklyn Kwadwo Atura – University of Ghana; Nkogubo Hosniatu Nwadei – Ancilla School.

Concluding the list are: Osafo Elizabeth Appiah, University of Ghana; Prince Eduboah, – Kwame Nkrumah University of Science and Technology; Racheal Akuta Awinpoka, Kwame Nkrumah University of Science and Technology; Rodger Macscott-Lutterodt – University of Allied Students (UHAS); Sylvia Poupleka Tang – KNUST-Obuasi Campus; and Tuah Kwabena Hayford – Kwame Nkrumah University of Science and Technology.

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Nigeria to join Ghana, Coted’lvoire to impose Living Income Differential of $400 dollars per cocoa bag



Nigeria will be joining Ghana and Coted’lvoire to impose a Living Income Differential of $400 on every bag of cocoa bought in the Federal Republic.

This move makes the world’s 4th leading producer of cocoa the first to be added to the Ghana-Coted’lvoire Cocoa Initiative.

The aim is to reduce drastically unregulated and liberated pricing regime, which has short change cocoa farmers for a long time.

 Abdullahi Abubakar, Director for Nigeria’s Federal Ministry of Agriculture and Rural Development, said

“the LID system which was established by Cote D’Ivoire and Ghana in 2019 is said to be the Cocoa Markets Organisation of Africa. If fully implemented in the region can be compared to the organisation of petroleum exporting countries where prices of cocoa will be regulated.”

“This is what Nigeria endeavours to be a part of”, he added.

Meanwhile, the Chief Executive of COCOBOD, Joseph Boahen Aidoo, has lamented about the under-representation of leading cocoa producers such as Ghana and Ivory Coast in the global cocoa value chain.

According to him, Nigeria’s presence in the Cocoa Markets Organisation will mean a 75% stake in global cocoa pricing for the three countries.

“We pray that apart from Nigeria, Cameroun also comes on board so that we have a very formidable force within the African Continent.”

“If we can do that, we can have a stronger say in the global market when it comes to deciding prices,” Joseph Boahen Aidoo added. 

The Global Cocoa Industry is estimated to be worth $100 billion.

Before the LID was implemented, cocoa farmers in Ghana and Ivory Coast were paid less. 

The low price of cocoa is tied to increased child labor, slavery, trafficking, and deforestation.

In Coted’lvoire, 90% of the forest has disappeared in the last 60 years, according to the Forest and Wildlife Inventory of Ivory Coast.

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Microsoft appoints former UG student, Abigail Okyere, as Chief of Staff



Abigail Okyere will work with the Cloud Security Engineering division of Microsoft [Photo source: @Abigail Amoakoa Okyere, LinkedIn]

A past student of the University of Ghana (UG) has landed a new job with tech giant Microsoft as the Chief of Staff.

Abigail Amoakoa Okyere will work as a member of the Cloud Security Engineering division of the company.

Excited about the great news of her appointment, Abigail took to LinkedIn to share her happiness and accomplishment.

She wrote, “I am beyond thrilled to be joining Microsoft to help drive change, implement strategies and above all, contribute to empowering individuals and organisations as a member of the Could Security Engineering division.”

Microsoft appoints former UG student, Abigail Okyere, as Chief of Staff
Abiagil Okyere is an alumna of the University of Ghana

The University of Ghana has since congratulated her on her appointment.

“Hearty congratulations to University of Ghana alumna, Abigail Amoakoa Okyere, on your appointment as Chief of Staff at Microsoft. We celebrate your great achievement,” the posted on Twitter, Sunday.

Abigail studied Bachelor of Science in Administration and Accounting at the University of Ghana.

She also attained her master’s degree at the University of British Columbia, where acquired a Master of Business Administration.

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ARB Apex Bank Ladies Association launched



ARB Apex Bank, the mini-regulator of rural banks has launched a ladies association called ARB Apex Bank Ladies Association.

Its president, Iris Obeng Tudah, is optimistic the ladies association will aid the growth of the bank.

According to her, the association will pool the efforts of women from rural and community banks across the country to ensure the bank achieve its goals.

She therefore encouraged members of the association to be confident and united.

She further urged the ladies to promote activities that will enhance the talents of members and prepare them for the challenging opportunities in the future.

“We want to drive the rural banks along with us in a form of unity because they are far off and seem left behind. We want to see many of our ladies at the forefront of the bank”.

“We want to unleash the potential in us and support the bank fully”, she added.

The Managing Director of ARB Apex Bank, Alex Awuah, commended the initiative by the ladies and admonished them to be active to contribute to the success of the bank.

“This association was mooted by hardworking ladies of the bank and when they presented the proposals to us we thought it wise to support them”, he opined.

Speaking on various reported fraud cases at rural and community banks across the country, he revealed that the bank is on course to deal with perpetrators of such acts.

“Fraud cases are everywhere and we have very strong structures dealing with such cases. For now I think we are making progress”, he added.

The ARB Apex bank Ladies Association is expected to play a collective role to the success of the bank.

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