Ghana’s former president, John Dramani Mahama, has reclaimed the nation’s highest office following a decisive electoral victory. With just over 56% of the votes, he outpaced Vice President Mahamudu Bawumia, who conceded defeat and garnered about 41%. Mahama’s return comes amid deep economic hardships and high living costs that left voters eager for change. He […]
Tag: Ghana
Ghana’s ex-president John Mahama wins election, part of latest trend in Africa
Ghana’s vice president and ruling New Patriotic Party (NPP) candidate, Mahamudu Bawumia, has conceded defeat in the country’s highly contested presidential election and congratulated his main opponent, former president John Dramani Mahama, for winning another term as the west African country’s leader. “The people of Ghana have spoken, the people have voted for change at […]
Ghana’s 7 December election: economic hardship to be main issue for voters
As many as 18 million Ghanaians are expected to cast their vote on 7 December to elect the country’s new president with concerns about inflation, unemployment and debt high on their priority list. Despite a tight race for the presidency, which will be contested between vice president Mahamudu Bawumia and former president John Mahama, analysts […]
Ghana: Veteran leader seeks presidential comeback amid economic crisis
Former Ghanaian President John Dramani Mahama, a 65-year-old political veteran with experience across all governmental levels, campaigns for a return to leadership amid national economic challenges. His political journey, shaped by personal experiences including his father’s imprisonment during a military coup, has included roles as parliamentarian, minister, vice-president, and president. Mahama’s diverse background encompasses academic […]
China boosts support for Africa’s least-developed countries to attend November expo
The upcoming 2nd edition of China International Supply Chain Expo (CISCE) will see higher participation from the least-developed countries, especially from Africa, in part in an attempt to showcase China’s resilience against trade barriers from the United States and other trade partners. The organizers of the CISCE that kicks off in Beijing on 26 November […]
Ghana issues gold coin to boost domestic savings
Ghana’s Central Bank launched a new gold coin to boost domestic savings, manage liquidity, and strengthen the Cedi currency. The coin, made from gold mined in Africa’s biggest producer of the metal, has been refined to 99.99% purity, Governor of the Bank of Ghana Ernest Addison told reporters. The coin comes in three sizes of […]
Ghana proposes $13 billion bond restructuring to address economic woes
Ghana has extended an invitation to holders of approximately $13 billion in international bonds to exchange their holdings for new instruments. This offer follows a preliminary restructuring agreement with two bondholder groups. The deadline for the offer is September 30, with an early deadline of September 20 offering a 1% consent fee for early participants. […]
Ghana embraces nuclear future with US small reactor deal
Ghana is taking a bold step into the nuclear age, signing a deal for its first atomic power plant using cutting-edge small modular reactor technology. This move puts the West African nation at the forefront of a global push for cleaner energy solutions. The agreement, inked at a US-Africa summit in Nairobi, will see Ghana […]
Ghana’s Cocoa Regulator Breaks Tradition, Opts for Self-Financing
In a significant shift from decades-long practice, Ghana’s cocoa regulator, Cocobod, has announced it won’t be seeking its usual syndicated loan for the upcoming 2024/25 cocoa season. This marks the first time in over 30 years that the world’s second-largest cocoa producer has opted for self-financing. The decision, revealed by Cocobod’s Chief Executive Joseph Boahen […]
Ghana, Africa’s top gold producer, opens its first refinery after centuries of mining
Ghana, Africa’s biggest gold producer, has launched its first-ever refinery after centuries of mining of the valuable commodity, in a bid to reap more value from its abundant natural resources. The Royal Ghana Gold Refinery is set to refine 400 kilograms of gold a day, sourcing the raw material primarily from artisanal and small-scale mines, […]









