First Independent Mena Newspaper
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 […]
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 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, […]
The US and Ghana launched Africa’s first nuclear energy training center open to all African countries considering nuclear in their electricity mix, the US Department of energy said. Ghana and the United States are part of broader pledge to triple global nuclear energy capacity by 2050. To further that goal, the U.S. Department of Energy […]
The International Cocoa Organization (ICCO) warned of a bean disease that has infected 81% of the cocoa harvest in Western North, Ghana’s third largest cocoa producing region. The news came as Ghana, the second largest cocoa producer, reported a below average harvest this year at 429,323 tons, as climate change induced heat waves adds to […]
Ghana’s cocoa harvest was 55% less than an average year, standing at 429,323 tons, as climate change induced heat waves took a toll on local farmers. Special commodities monitors have predicted a catastrophic harvest in Ghana and other West African producers this year, following a heat wave and tree disease that damaged the harvest. Cocoa […]
The United States has completed the withdrawal of its military personnel from Niger’s Air Base 101 near the West African nation’s capital, Niamey, which comes ahead of its planned exit from another major drone base near the desert city of Agadez. A joint statement by Niger’s Defense Ministry and the US Department of Defense confirmed […]
The International Monetary Fund gave the greenlight for the disbursement of 360 million dollars to Ghana, after the latter reached an agreement with its creditors to restructure its debt. “The authorities’ strategy aimed at restoring macroeconomic stability and reducing debt vulnerabilities is paying off, with clear signs of stabilization emerging,” IMF Deputy Managing Director Kenji […]
Ghana had reached a deal with bondholders that will forgo nearly $5 billion in a sovereign debt restructuring deal that would help the country avoid default. The deal marks a key step in the country’s quest to restructure its $13 billion debt that left the country on the brink of financial collapse. Bondholders including Abrdn, […]
“If we don’t act now,” the humanitarian crisis that is unfolding in the Sahel will “become a problem for the world,” a senior UNHCR official has warned, echoing a senior UNICEF official that has condemned a “distressing” 70% rise in grave violence against children in several strife-torn countries in the region plagued by jihadists and […]