Latest news with #KempinskiHotel
New York Times
03-05-2025
- Business
- New York Times
Ghana Wanted a Cathedral. It Got an ‘Expensive Hole' Instead.
The walls surrounding Ghana's national cathedral are aging plywood. Its spires are yellow construction cranes, which have not moved in years. It frequently reverberates with singing — the singing of a choir of frogs that moves in whenever the cathedral's half-finished foundations fill with rainwater. Ghana's former president, Nana Akufo-Addo, spent around $58 million of public money on the $400 million cathedral project — a huge sum in this debt-saddled West African country. The new finance minister said in March that Ghana's economy was in 'severe distress.' The cathedral was designed by the celebrity architect David Adjaye. But beyond the blueprints, there is very little to show for the money. 'They have only dug a hole — a big hole,' Praise Chinedu, a student and a Pentecostal Christian, said last month. A well-thumbed Bible tucked under his arm, he was emerging from a morning service at Pure Fire Miracles Ministries onto a street humming with churchgoers, ice cream vendors and clamoring children. His brother John, who had been buying anointing oil, sidled up. 'God is not going to be happy,' he said. AFRICA 500 miles GUINEA NIGERIA ghana Accra CAMEROON Atlantic Ocean IVORY COAST 1 mile Accra ring rd. E. independence ave. National cathedral site Kempinski Hotel Gold Coast City Accra Accra City Hotel ghana Gulf of Guinea Map data from OpenStreetMap By The New York Times Want all of The Times? Subscribe.
Web Release
16-04-2025
- Entertainment
- Web Release
Eugène Eugène Introduces Monthly French Brunch, Starting with a Special Easter Edition
Web Release Selection Entertainment By Editor_wr On Apr 16, 2025 Eugène Eugène is delighted to announce the launch of a new monthly tradition: a French weekend brunch celebrating life's little pleasures. Taking place one Sunday each month, the series begins with a special Easter edition on April 20th, transforming the restaurant's iconic greenhouse and sunlit garden terrace into a festive, lively gathering space. This vibrant brunch series will celebrate French culinary traditions, offering a unique opportunity to explore different themes each month. From heartwarming childhood favorites to the sun-soaked flavors of a summer holiday in the South of France, each edition will highlight beloved dishes, nostalgic flavors and the rituals that bring people together around the table. The atmosphere will be complemented by a live singer, creating the perfect backdrop for an afternoon of laughter, lively conversation and delicious food. Eugène Eugène's monthly brunch is designed for all ages, making it the perfect family-friendly gathering. While adults savor a generous spread of French dishes, children can enjoy creative activities that keep them entertained throughout the afternoon. The inaugural edition will embrace the festive spirit of Easter, bringing seasonal flavors and cherished traditions to the table. Guests will delight in a selection of Easter specialties, including tender slow-cooked lamb and other seasonal delights, while little ones enjoy an exciting egg hunt and engaging activities. With live music setting the mood and the greenhouse in full bloom, the Easter brunch at Eugène Eugène promises a warm and joyful gathering, making it the perfect way to celebrate the holiday with family and friends. 'We want this brunch to be a special occasion that people look forward to every month,' says Ghada Ajib, Cluster General Manager at RIKAS Hospitality Group. 'It's about bringing people together, enjoying great food and company, and making time for the little pleasures in life. We want our guests to leave not just with full stomachs, but with full hearts and lasting memories.' Event Details: What: Monthly French-inspired brunch at Eugène Eugène's greenhouse Where: Eugène Eugène, 2nd Floor, Kempinski Hotel, Mall of the Emirates When: One Sunday each month | First edition: Easter Brunch on Sunday 20 April from 12pm – 4pm Price: Packages starting from AED 325 | Each package offers a 3-hour experience For bookings and further details, please call +971 4 379 8963 or email [email protected]. Prev Post Art Dubai to Launch 18th Edition Amid Surge in UAE Wealth Comments are closed.
Zawya
16-04-2025
- Business
- Zawya
The Ghana Venture Capital Association to host annual conference
Accra, Republic of Ghana – The Ghana Venture Capital & Private Equity Association (GVCA) is proud to announce the upcoming "GVCA 2025 Conference," which will take place on April 24-25, 2025, at the Kempinski Hotel Gold Coast City in Accra. The Conference's theme is 'Catalysts for Economic Growth: Domestic Capital Mobilization in an Evolving Investment Landscape' and is expected to attract over 300 institutional investment stakeholders from across Africa. In line with the Association's mission to promote entrepreneurial success in the real economy and stimulate private sector development financing, the Conference will bring together venture and private equity industry leaders to shape a future driven by private capital in Ghana and Africa. The GVCA 2025 Conference will: Create opportunities for key stakeholders to build relationships, share knowledge and expertise, and explore new investment opportunities Engage in discussions and brainstorming sessions focused on local capital mobilization policy and regulations to drive regional trade, investment and economic growth Connect Ghanaian and African venture capital and private equity firms through B2B meetings Showcase the substantial contributions of the GVCA to the development of the venture capital and private equity industry in Ghana and Africa The transformative event will bring together government officials, policymakers, global investment leaders, CEOs from both local and international companies, representatives from multilateral and financial institutions, chambers of commerce, industry business associations, and entrepreneurs. The Conference will also facilitate sideline meetings that allow member institutions, growth-stage businesses, and industry stakeholders to establish valuable connections. The Conference will also provide participants the opportunity to devise solutions to the current changes in global trade due to supply chain challenges, trade tariff hikes, and political and security crises. Commenting on the GVCA Conference, Amma Gyampo, the Chief Executive Officer of GVCA, stated, 'The GVCA 2025 Conference will provide an excellent opportunity to assess the successes, opportunities, and challenges facing the venture capital and private equity sectors in Ghana. As the economy begins to recover, it is crucial to engage all stakeholders from both the public and private sectors to support this recovery and promote the inclusive growth we aim to achieve. When there is a more accommodating investment framework, private capital infrastructure and business environment, the patient capital, capacity building and hand-holding our industry offers as an option to growing businesses, acts as a catalyst for economic development. The GVCA conference will mark the beginning of this domestic capital mobilization effort.' Attendees may engage in policy discussions, panel talks, and product exhibitions specifically designed for small and medium-sized enterprises (SMEs). Prominent speakers will include influential thinker Bright Simons, astute investors Dr. Sangu Delle, Jerry Parkes, and Christian Ekpo, venture capital and finance expert Hamdiya Ismaila, as well as renowned legal expert Nana Ama Botchway, alongside GVCA CEO Amma Gyampo. These speakers will share their success stories, experiences, and best practices to promote investment and trade opportunities in Ghana and other African markets. For further information, please refer to the event's website ( About Ghana Venture Capital & Private Equity Association: Founded in 2021, the Ghana Venture Capital Association (GVCA) is the foremost voice for venture capital and private equity in Ghana. GVCA acts as a key connector within Ghana's investment ecosystem, linking institutional investors, fund managers, portfolio companies, advisors, and service providers. Our growing membership consists of firms, including venture capital and private equity companies, institutional investors, and professional services entities. We advocate on behalf of our members to influential stakeholders, including government agencies, media, and other relevant organizations. GVCA Contact: LinkedIn: GVCA info@ Media Contact: Gilles Ametepe Head, Innovation & French Communications Djembe Consultants Gilles@
Zawya
14-04-2025
- Business
- Zawya
Tema Oil Refinery Managing Director (MD) Joins Accra Investor Briefing, Targets Greater Fuel Security in Ghana
Dr. Yussif Sulemana, Managing Director of the Tema Oil Refinery (TOR) in Ghana, has confirmed his participation in the Invest in African Energies: Accra Investor Briefing, as the company aims to enhance operational efficiency and reinforce Ghanaian fuel security. Taking place on April 14, 2025 at the Kempinski Hotel in Accra, the event serves as a prelude to the African Energy Week (AEW): Invest in African Energies conference, returning to Cape Town from September 29 to October 3, 2025. The Accra briefing will explore emerging opportunities across Ghana's energy landscape, from upstream acreage to regulatory reforms to downstream infrastructure developments. With over 17 oil and gas projects expected to come online by 2027, Ghana is poised for a significant expansion in crude production. Backed by over 1.1 billion barrels of crude oil reserves and 2.1 trillion cubic feet of natural gas, the country is ramping up both production and refining efforts. Key projects such as the Jubilee and TEN fields are central to this growth, as Ghana continues to attract upstream investment. Established in 1963, the Tema Oil Refinery stands as Ghana's flagship refining facility and hosts the country's largest single storage tank. The refinery has a crude storage capacity of 1,925,348 barrels across 59 tanks, representing 44% of Ghana's national storage capacity. TOR is also the country's sole producer of Premix fuel and operates the largest LPG storage facility in Ghana. Looking ahead, the refinery is seeking $25 million to support the maintenance and reactivation of an essential unit within its crude distillation unit. The goal is to enhance operational efficiency and ensure TOR's continued role in sustaining national fuel distribution and energy security. As Managing Director, Dr. Sulemana has committed to revitalizing the refinery's operations by focusing on productivity, overcoming operational challenges and seizing emerging opportunities. This includes fostering collaboration with industry stakeholders. A recent visit by the National Petroleum Authority in Q1 2025 identified areas for performance improvement, while the refinery's Finance and Audit team benefited from a KPMG-led in-house training program aimed at aligning internal audit practices with global standards. 'As one of Africa's first eight refineries and Ghana's premier facility, the Tema Oil Refinery plays a vital role in reducing petroleum imports and ensuring fuel security in West Africa. The company's forward-looking strategy to boost capacity will undoubtedly generate substantial value for both the company and the country,' stated NJ Ayuk, Executive Chairman of the African Energy Chamber. The Invest in African Energies: Accra Investor Briefing will lay the foundation for deal-signing and engagement during AEW 2025: Invest in African Energies in Cape Town. Uniting key players from across Ghana's oil and gas sector, the briefing will address sector-wide challenges and opportunities, fostering deeper collaboration as the country seeks to scale up production and strengthen regional energy distribution. Distributed by APO Group on behalf of African Energy Chamber.
Zawya
07-04-2025
- Business
- Zawya
Ghana's Downstream Regulator Joins Accra Investor Briefing to Advance Value Chain
With a goal to increase the share of liquefied petroleum gas (LPG) to 50% of the market by 2030, Ghana's downstream regulator the National Petroleum Authority (NPA) is promoting private-led investment across the petroleum value chain. Strengthened policies and technology-driven strategies are already bolstering downstream productivity, but the NPA is seeking greater investment to strengthen fuel security and distribution across West Africa. During the Invest in African Energies: Accra Investor Briefing on April 14, 2025, taking place at the Kempinski Hotel, the NPA's CEO Godwin Kudzo Tameklo will outline strategies being implemented by the authority to strengthen the downstream value chain in Ghana. Tameklo is expected to highlight ongoing efforts to attract investment in downstream projects, while sharing an update on the country's developments such as the Integrated Petroleum Hub, LPG expansion and broader infrastructure advancements. As the downstream regulator, the NPA manages the importation and refining of crude in Ghana as well as the sale, marketing and distribution of refined petroleum products across the country. The NPA works to position the downstream sector as both a major contributor to domestic product growth and catalyst for long-term economic growth in Ghana. By leveraging technology and growth-centered policy, the NPA has led the growth of Ghana's downstream industry. In April 2024, the country witnessed a 15.4% growth in petroleum consumption, reaching 1,641 kilotons compared to 2023, as well as a 9% rise in gasoline consumption, reaching 588.5 kilotons. In 2024, LPG consumption also witnessed a surge, rising 7.25% throughout the year to reach 340 million liters. An increase in the adoption of LPG was largely attributed to the promotion of the Cylinder Recirculation Model by the NPA – a distribution system implemented in 2023 that allows residents and commercial consumers to utilize LPG through cylinder exchange. LPG adoption rose from 28.9% in 2010 to 60% in 2023, with LPG usage increasing from 18.2% in 2010 to 44.1% in 2023. Strategic LPG projects include the Puma Energy-owned LPG bottling plant in Tema – a $6 million facility with the capacity to deliver 1,200 cylinders per hour. A second plant is being developed by the Ghana Cylinder Manufacturing Company, with a capacity of 150 million cubic feet per day. To further strengthen distribution, the NPA is leveraging innovative technology and policies that enhance efficiency and profitability across the downstream sector. These include the introduction of a new transparent automatic price adjustment formular, transitioning from an annual regulated pricing model; a zero-tolerance policy for toxic fuel and an increase in low sulphur fuels; as well as technology-based mechanisms such as the petroleum marking scheme, bilk road vehicle tracking project, electronic cargo tracking system and enterprise relational database management software. These mechanisms support efficient monitoring and ensure optimized quality and quantity of petroleum products in Ghana. Beyond domestic petroleum distribution, Ghana is strengthening regional exports. In 2024, the NPA signed an agreement with Senegal and The Gambia to enhance petroleum product exports. Ghana already exports petroleum to regional neighboring, including Mali, Niger, Burkina Faso, Ivory Coast and Togo. According to the NPA, the volume of petroleum exports to regional countries from Ghana amounted to 385,154,100 liters. Over 5,000 service providers are registered in Ghana, delivering over four million metric tons of petroleum products annually. 'Ghana is a strong example of the role natural gas and associated LPG production plays in Africa. Through targeted policies, technology-driven mechanisms and a commitment to low-cost, reliable fuels, the NPA is leading the charge towards a more sustainable future in West Africa. With increased investment, Ghana stands to play a major part in enhancing fuel security across the broader West African region,' stated NJ Ayuk, Executive Chairman of the African Energy Chamber. Distributed by APO Group on behalf of African Energy Chamber.
