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Nespresso Premieres New Boutique Concept In Accra At Marina Mall

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Nespresso, the worldwide pioneer in premium portioned coffee, has launched an innovative new boutique concept in Ghana at the Marina Mall, Airport City, Accra.

The new Nespresso retail environment surrounds guests in an immersive coffee experience allowing for deeper learning and coffee exploration. Throughout the boutique, visitors will experience elements that reflect Nespresso’s deep commitment to sustainability and adherence to a circular economy, one that is restorative by nature and works to minimize waste through careful design.

 

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“The new Nespresso boutique concept centers around five key principles: a simplified and holistic customer journey through carefully sequenced areas, a celebration of coffee moments with bespoke coffee rituals, new architectural codes for a warm and cozy yet premium atmosphere, a sustainability statement to nourish the Nespresso ambition to become the highest quality and the most sustainable coffee brand in the world. By combining all of these elements, the retail experience becomes fully immersive with consumers all over the world able to discover the Nespresso coffee world in a new enhanced way,” explained Racha Chamseddin, Nespresso MEA Business Development Manager.IMG 8530

Nespresso announced in September of 2020, that hey will become carbon neutral by the end of 2022. This will be possible thanks to a certified protocol which measutres carbon footprint reduction for each new boutique opening. The new concept demonstrates this commitment with elements such as tabletops made from used coffee grounds from the Nespresso factory in Switzerland, wood that has been 100% sourced from reforestation programs, technological systems to reduce energy and water consumption and a recycling collection point.

 

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The new boutiques are a true celebration of coffee and its origins and guests can discover tributes to this throughout the space. Everything from the muted color palette of rich coffee browns and crema inspired golds to the floor tiles and lamps that echo those used on the coffee farms have been carefully designed to link to coffee.

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The contemporary and luminous space, invites guests to explore new experiences in coffee tasting rituals which include a sensorial welcome upon entering the boutique with Coffee Specialists introducing guests to the vast range of coffees to provide a hands-on experience with the coffee grounds inside a capsule, discovering the aromas and then finishing with a tasting.

“We are excited to introduce the Nespresso boutique concept as a first in Ghana to our club members and coffee enthusiasts in the country. The environment will also provide an opportunity to transform our team into highly empowered brand ambassadors,” explained Racha Chamseddin, Nespresso MEA Business Development Manager.

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People & Lifestyle

OldSwat features Unsigned and Talented artist; Quame Rhymz on “Obrefour”

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Ghana-born Belgian music producer known as OldSwat has started an initiative to give unheard, talented and unsigned artists the platform to share their stories with the world. “Obrefour” featuring Quame Rhymz is the first single off this project. The 14-track project titled “The Discovery” album features 14 talented up-and-coming artists from Ghana. (more…)

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Consolidated Bank Ghana LTD Leads GHS 600 million Note Programme Listing for Kasapreko Co. PLC on Ghana Fixed Income Market

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Consolidated Bank Ghana LTD (CBG) in a strategic partnership as a joint lead arranger has lauded Kasapreko Co. Plc, an indigenous beverage manufacturer, for its ambitious growth plans following the official listing of the Series 1 GHS 600 million Note Programme on the Ghana Fixed Income Market (GFIM).

The funds raised will bolster Kasapreko Co. Plc’s working capital, financing capital expenditures such as operational expansion, and refinancing short-term debts.

Speaking at a joint press briefing in Accra, the Managing Director of CBG, Mr. Daniel Wilson Addo, emphasized the significance of the transaction, indicating that this is the first time an indigenous Ghanaian Bank has worked with an indigenous manufacturing company to raise funding from local pension funds in the public market. This signifies fostering strong partnerships among indigenous companies to overcome financing challenges innovatively. 

He added that the funding which is at a cost significantly lower than the Ghana Reference Rate (GRR) for borrowing will cushion Kasapreko Co. Plc’s operations significantly.

He underlined the importance of addressing risks associated with Small and Medium-sized Enterprises (SMEs) while encouraging financial institutions and industries to develop financial structures that meet the evolving risks effectively.

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Mr. Addo stated, “This transaction is a testament to our overriding ambition to make an impact in the communities in which we operate. We stand with you in good times or in bad times”.

According to Mr. Addo, the support for Kasapreko Co. Plc highlights the economic impact of CBG’s lending philosophy.

The Managing Director of Kasapreko Co. Plc, Mr. Richard Adjei, welcomed the innovative financing source, describing it as a relatively cheaper capital and sustainable solution for business growth.

Mr. Adjei expressed his gratitude towards CBG for enabling them to explore alternatives beyond traditional Banks. With the infusion, Kasapreko Co. Plc aims to expand production capacity and enhance its participation in the African Continental Free Trade Area (AfCFTA), having already exported products to Kenya and South Africa.

In attendance were Management members of the Consolidated Bank Ghana LTD (CBG) including the Deputy Managing Director of Operations and Technology, Mr. Thairu Ndungu; Deputy Managing Director of Corporate Resources, Madam Nana Ama Poku and Director of Finance and Strategy, Mr. Charles Appiah and other senior executives of the Bank.

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Mr. Gregg Pitt, Deputy Managing Director; Mr. Humphrey Hessel-Appiah, Finance Director; Mr. Gerald Bonsu, Commercial Director; and Mr. Isaac Adjei, a Board Member, all of Kasapreko Co. Plc were also present.

Consolidated Bank Ghana LTD (CBG) is wholly owned by the Government of Ghana and operates as a universal Bank with 114 branches in 13 regions of Ghana. The Bank has strong government support, a large SME client network, and a pool of diverse talent.

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Telecel Ghana Network Update

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Telecel Ghana has multiple sources of internet services through SAT3, WACS, ACE, and submarine fibre links to other international providers.

On the 12th of March 2024, Telecel Ghana lost internet capacity provided by WACS subsea cable, and immediately switched to ACE to maintain service.

On 14th March 2024, Telecel Ghana lost internet connectivity from its remaining providers SAT3 and ACE due to a cut in their undersea cables. This resulted in the disruption of data services on Mobile and Fixed networks.

Telecel Ghana has now secured new internet capacity and is progressively adding more capacities through local and international partners, including other Telecel subsidiaries. This, is in addition to local caching solutions which are enabling access to some content services such as YouTube, Facebook, Netflix etc.

Telecel Ghana sincerely appreciates the patience and understanding of its customers during this period. All customers will be refunded accordingly. 

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Please note that information circulating on social media platforms about the disconnection of Telecel Ghana due to debts owed is false and should be disregarded.

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SuperSport to air 13th African Games on DStv & GOtv from March 19

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SuperSport International have confirmed that the ongoing 13th African Games will telecast on DStv and GOtv from 19th to 23rd March 2024.

The broadcast will cover a wide range of sports disciplines. Given that this is also an Olympics year, the athletics, track, and field which began today may be the most significant sport fans across the continent would love to follow.

Currently Nigeria and South Africa, led by Egypt (first), are ranked second and third, respectively, on the medal standings.

Ahead of the live feed on your DStv and GOtv starting tomorrow 19th March 2024, SuperSport is streaming live the games on the DStv Stream and GOtv Stream apps.  Subsequently from tomorrow the broadcast would be open on DStv 248 (Variety 4) (DStv) and GOtv channel 131 (Select 2).

The 13th African Games are already delivering unforgettable experiences, reconnect your decoder to be part of a celebration of diverse sporting talent and cultural unity live from Accra Ghana.

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Hollard Ghana Empowers Student Entrepreneurs with Second Edition of Streetwise Finance Business Challenge.

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Hollard Ghana, the country’s favourite insurer, with subsidiaries Hollard Insurance and Hollard Life, awards Jnelp Innovations, a student entrepreneur, with GHC 40,000 as funding at the just-ended Hollard Streetwise Finance Entrepreneurship Business Challenge held at the University of Cape Coast. 

In collaboration with the University of Ghana Business School and the University of Cape Coast, the grant-based program showcased ten talented student-led businesses that presented their business ideas to a distinguished panel of judges in a bid to secure funding. Zenags Organics won the second-place prize of GHC 20,000, and Career Path won the third-place award of GHC 10,000.

Speaking on the essence of the event, Alexander Osei Mensah, General Manager of Operations at Hollard Insurance, described the initiative as a testament to the insurance group’s efforts to nurture entrepreneurial spirit and innovation among the youth.

“As a company that does well by doing good, our purpose is to bridge the gap between the corporate world and academia. Being an entrepreneurially driven company, Hollard believes in enabling its community to create better futures. Since universities are essential in nation-building and the training ground for business leaders, we focus on engaging tertiary students to ensure they are enabled to succeed in the future with Hollard’s support. In doing so, we aim to inspire more students to explore opportunities that will lead to successful employment upon graduation, particularly through entrepreneurship,” Alex added.GROUP HSBC

Portia Sackey, the founder of Jnelp Innovations, expressed her satisfaction with the event’s outcome, stating, “We are thrilled to be winners of the Hollard Streetwise Finance Business Challenge.   We are grateful to Hollard Ghana for this opportunity to help small businesses thrive. With this funding, we will expand our business by investing in research and development for our skin product and purchasing a tricycle and two extra automatic filling machines to enable us to meet the demanding markets with our products”. 

The success of the second edition of the Streetwise Finance Business Challenge reinforces Hollard Ghana’s commitment to fostering economic growth and empowering the next generation of business leaders. The company remains dedicated to supporting initiatives that contribute to the overall development of Ghana’s entrepreneurial landscape. Student startup businesses participating in the competition include Overseas, Gamkrib, Delsoy Foods, Shuttle Track, Prifrimps Food, Geia Technology, and Firefly I.O.

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Keren Arthur, PhD, the Director of the D-Hub, urged the winners to be strategic in their decisions while remembering that entrepreneurship is an experimental process. 

“Adopt a step-by-step process for using funds and know that entrepreneurship requires a small-scale pilot before major investment. To the other businesses who competed, don’t give up. This event has added to your story, and I hope this will make you stronger and even more committed to taking the ideas forward. The doors of the D-Hub are always open to help you chart the next chapter of your story,” she added.

 

The country’s favourite insurance group is Hollard Ghana, with subsidiaries Hollard Insurance and Hollard Life Assurance. The group combines its deep local knowledge of the market, having previously operated in Ghana for 25 years as Metropolitan Insurance, with the world-class expertise of an international insurance brand in 18 countries worldwide. With feet firmly planted on Ghanaian soil but headquartered in South Africa, Hollard delivers innovative insurance solutions customised to the unique risks Ghanaians face. Hollard offers various life and general insurance products, including funeral, personal accident, motor, business, travel, home, and more, and can be reached via 0307000599. Beyond various nationwide office branches and Hollard 2U franchise shops, Ghanaians can find Hollard at Shell Fuel Station Welcome Shops, Melcom stores and online at www.hollard.com.gh, www.melcom.com/hollard-insurance and www.jumia.com.gh for all their insurance needs.

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Team South Africa withdraws hockey from African Games due to poor pitch conditions

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South Africa’s hockey teams have decided to withdraw from the 2023 African Games hockey competition due to concerns regarding the poor quality of the pitch at Theodosia Okoh stadium in Accra. (more…)

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