ALL POSTS FILED UNDER: GHANA

Ghana goes nuclear; 2 Plants in 6 years
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After more than five decades of back and forth movements on the production of energy from nuclear sources, Ghana is now inching closer to establishing two of its first nuclear power plants to augment national power supply from hydro, thermal … Read more →

IMF approves $191m credit facility for Ghana
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  The Executive Board of the International Monetary Fund (IMF) on Monday completed the fifth and sixth reviews of Ghana’s economic performance under the program supported by an Extended Credit Facility (ECF) arrangement. Completion of the reviews enables the disbursement … Read more →

Ghana to distribute blood, drugs with drones – Veep
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  The Vice President, Dr. Mahamudu Bawumia, has said that Ghana will by September 2018 use drones to distribute blood and other essential medicines to remote parts of the country as part of efforts to ensure quality healthcare delivery. Speaking … Read more →

Inequality higher in Ghana than ever – UN poverty expert
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A UN Human Rights and Poverty expert, Philip Alston, has tasked the government of Ghana to address issues pertaining to growing inequality in order to eradicate poverty. According to Mr Alston, Ghana is likely to fall short of meeting the … Read more →

No West African country sells petroleum products cheaper than Ghana – NPA Boss
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The National Petroleum Authority (NPA) has discounted reports that prices of petroleum products in the country are among the steepest in the sub-region. Hassan Tampuli, Chief Executive Officer of the NPA, also dispelled the notion that the occasional increases in petroleum prices by government – … Read more →

Ghana to receive $19 billion China loan in August – Information Minister
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The Minister for Information, Mustapha Abdul-Hamid has revealed that government is on course to submit a $19 billion loan facility from the Chinese government to Parliament for approval. According to him, the government has completed all the paperwork for the … Read more →

Newmont suspends all mining operations in Ghana indefinitely
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Mining giant Newmont Ghana Limited has indefinitely suspended mining activities at all its sites in the country as investigations into the death of six of the firm’s subcontractor staff takes shape. Six persons, all contractor employees of the construction services … Read more →

Ghana, US trade hits $1.7bn
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-As Ghana increased exports by 133.50% in 2017 Bilateral trade between Ghana and the United States of America hit $1.7 billion ($1,771.4) in 2017. This represents 53.61% increase over the $1.1 billion ($1,153.2million) recorded in 2016. $135.7m balance of trade … Read more →

Ghana, Cote d’Ivoire sign Abidjan Declaration on cocoa
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Ghana and Cote d’Ivoire have resolved to address the challenges of the cocoa sector within the framework of the implementation of the Strategic Partnership Agreement, which links the two countries, by signing the Abidjan Declaration. With the two countries responsible … Read more →

Ghana: The world’s next oil hotspot
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Crude oil could turn Ghana into one of the fastest-growing economies in the world. This seems to be the message coming from analysts as the West African country is set to start benefitting from the development of its largely untapped … Read more →

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