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#EIBQATAR2022: Hakimi hits winning penalty as Morocco stun Spain
Achraf Hakimi made himself a hero with a chipped winning penalty as Morocco stunned Spain 3-0 in a shootout after a goalless draw to reach the World Cup quarter-finals.
The two teams couldn’t be separated after 120 minutes and Spain failed to convert any of their three penalties, with goalkeeper Yassine Bounou brilliantly saving two.
That left Paris St-Germain’s Hakimi – born and raised in Madrid no less – to win it with his nerveless spot-kick and spark jubilant scenes in the stands.
Education City Stadium was filled mostly by Morocco fans, who went wild at the final whistle as their side reached the last eight for the first time, where they will face Portugal or Switzerland on Saturday (15:00 GMT).
The north African side’s fans had been making themselves heard all game but the atmosphere in the stands did not match the attritional battle on the pitch.
Spain hogged the ball and Morocco sat back plugging the gaps, with very few clear-cut chances being created.
Luis Enrique’s side came closest to breaking the deadlock courtesy of Dani Olmo, who struck an arrowed drive from the angle which Bounou pushed away and the goalkeeper also did brilliantly well to keep out Olmo’s dangerous free-kick late on.
Morocco were playing on the counter and should have scored in the opening period but Nayef Aguerd sent his unmarked header over, while their only shot on target came via Noussair Mazraoui’s long-range drive which was gathered by Unai Simon.
With the sides not being able to be separated, the game went into extra time and substitute Walid Cheddira had Morocco’s best chance but scuffed his shot straight at Simon from eight yards out.
Spain notched over 1,000 passes in the contest and almost won it in the 123rd minute, but Pablo Sarabia’s volley agonisingly flicked the outside of the far post.
Source: BBC
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GEXIM deepens relations with US EXIM Bank
A management team of the Ghana Export – Import Bank (GEXIM) led by the Acting Chief Executive, Sylvester Mensah met with the leadership of the Export–Import Bank of the United States (US EXIM) on Wednesday April 23, 2025 in Washington DC, United States of America.
The Acting President and Chairman of US EXIM, Mr. James C. Cruse and Vice President, International Relations, Ms. Isabel Galdiz received the GEXIM delegation, which included Deputy CEO for Banking, Mr. Moses Klu Mensah and Head of International Cooperation, Mr. Jonathan Christopher Koney at the headquarters of US EXIM.
The meeting offered the GEXIM team the opportunity to share the strategic direction of the Bank in line with the resetting agenda of the President of the Republic, His Excellency John Dramani Mahama for the repositioning of the Ghanaian economy into an export-led one by providing the requisite investment to Ghanaian businesses.
Mr. James C. Cruse expressed US EXIM’s eagerness to deepen its existing relations with GEXIM and proposed the signing of a new Cooperative Framework Agreement following the expiration of a Memorandum of Understanding signed in 2019 to utilize US EXIM’s medium term loan guarantees to procure machinery by GEXIM for qualified Ghanaian Small and Medium-sized Enterprises (SMEs).
Mr.Sylvester Mensah thanked the Acting President and Chairman of US EXIM for hosting the GEXIM delegation and reaffirmed the Ghanaian government’s commitment to strengthening trade and investment between Ghana and its global partners for economic transformation of Ghana with GEXIM playing a pivotal role.
The two teams will be meeting on the sidelines of the 2025 US EXIM Annual Conference on 29th and April 30, 2025 to explore possible areas of collaboration and matching Ghanaian businesses to American companies. The meeting ended with an exchange of gifts.
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Many SOEs have been used as mere instruments for personal wealth accumulation –Pres.Mahama
President John Dramani Mahama has expressed concern over the misuse of State-Owned Enterprises (SOEs) for personal financial gain by individuals in leadership positions.
Speaking during a meeting with Chief Executives of specified entities under the State Interest and Governance Authority (SIGA) on Thursday, March 13, the President directly attributed the dire state of SOEs to their leadership, accusing chief executives, management teams, and governing boards of prioritising personal enrichment over organisational efficiency.
He pointed to bloated budgets, unjustified allowances, and unnecessary expenditures as factors draining public funds while SOEs continue to rely on government bailouts.
“Many SOEs have been used as mere instruments for personal wealth accumulation by appointees. The chief executives, management, and boards of these enterprises are responsible for this situation. Some SOEs have become perennial loss-makers, draining public funds with bloated budgets, unjustified allowances, and unnecessary expenditures while relying on government bailouts as if entitled to them. Many of these entities are at their lowest point in the entire history of the Fourth Republic,” he said.
President Mahama further noted that many SOEs have been plagued by inefficiencies, corruption, and mismanagement, leading to consistent financial losses. He cited the 2023 State Ownership Report by the State Interests and Governance Authority (SIGA), which highlighted systemic inefficiencies and wasteful expenditures within these entities.
He therefore reaffirmed his commitment to reforming under-performing SOEs and ensuring they serve national interests.
He warned that loss-making SOEs will no longer be tolerated and will either be merged, privatised, or closed.
“I will assess you based on your performance. If you do not align with the pace of the reset agenda, you may be asked to step aside. If that adds to the horror movie, so be it,” he added.
Source: Myjoyonline.com
