First Independent Mena Newspaper
The government of Ghana has announced that it is working with authorized automobile dealers and distributors as well as leading financial institutions to introduce a comprehensive financing scheme to enable Ghanaians to buy ‘Made in Ghana’ vehicles. According to Alan Kyeremanten, the Minister of Trade and Industry, the government has entered into negotiations with global […]
In Ghana, the Green Climate Fund (GCF) has announced a $20 million grant to the African Development Bank’s Affirmative Finance Action for Women in Africa (AFAWA), a program for a climate action project to support women-led farmers’ associations and micro, small and medium enterprises in Ghana’s agricultural sector. The AFAWA Ghana project is designed to […]
Côte d’Ivoire and Ghana – the world’s top two cocoa producers – have teamed up to impose a minimum floor price for Cocoa beans. The two West African countries are working together to address the unfavorable global cocoa pricing regime to reduce the vulnerability of both nations to the volatility of the markets, Ghana’s President […]
In Ghana, researchers are testing a system that will turn cocoa into biofuels to benefit African farming communities currently with little or no access to grid power. The project funded by the University of Nottingham in the United Kingdom will be tested in Ghana, one of the world’s largest producers of cocoa. The new green […]
Italian oil major, ENI has announced a gas and condensate discovery in CTP-Block 4, offshore Ghana. According to a statement from ENI’s External Communication Department of Sub-Saharan Africa, the exploration well was drilled by the Maersk Voyager drill ship in a depth of 350m and reached a total depth of 3,790m. The well, drilled on […]
Ghana has become the first-largest gold producer in Africa followed by South Africa, according to data released by the World Bank. According to the Washington-based institution, Ghana exported 158 tons of gold in 2018, about 15% increase over the previous year. Ghana has thus dethroned South Africa and returned to the high volumes of the […]
Ghana has signed a $180 million agreement with Exim Bank of India to finance a drinking water supply project in the northern part of the country. The loan, bearing a 1.5% interest rate, will be repaid over a 25-year period. The money will be invested in drinking water supply projects. The project includes the construction […]
The Government of Ghana and the United Nations Development Program (UNDP) will host an Investment Forum to discuss ways to crowd-in private sector investment for clean energy projects in Ghana that are financially viable. The forum will be a platform to discuss and showcase proven climate solutions and investment-ready climate action projects to attract support […]
The government of Ghana this week unveiled 10 measures to create a more conducive environment for all businesses in the country. The move came after the government appointed a multisectoral technical team to develop a strategy that will make it easy to do business in in the West African nation. According to the Vice-President Mahamudu […]
Southern Utilities Limited, a member of LMI Holdings, Helius Power Company plans to build and operate a rooftop solar power plant in the Tema Free Zones Enclave in Ghana. The plant will be approximately 12 MW photovoltaic to be located on the 92,000sqm roof space of Mega Warehouse owned by the International Warehouse Company, a […]