First Independent Mena Newspaper
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 […]
Ghana’s Minister of Finance Ken Ofori Atta last weekend, told investors in Oslo, Norway, that overall crude oil production from Ghana was expected to more than double over the next four years. Addressing the meeting of 20 key international companies, Ofori-Atta, stated that Ghana has re-asserted herself strongly as a key destination for petrochemical industry […]
Ghana will hand over its Electricity Company (ECG-Ghana) to a Private Sector consortium, state-run Daily Graphic newspaper reported. According to the Millennium Development Authority, the company that was responsible for handling the operations, investment and management of ECG, the deal was done under the Private Sector Participation of the Power Compact II Agreement of the […]
Total Petroleum Ghana Ltd., a locally listed oil marketing company, has opened its third solar-powered station in Ghana as part of its commitment to develop solar energy through cutting-edge technology in the West African nation. The new solar-powered station has 50 solar panel installation with about 16.35 kWp of power production. Speaking about the project, […]