First Independent Mena Newspaper
African governments need to develop robust strategies for the critical minerals sector amid global rush for the continent’s lithium and other strategically important rare metals, a recent research has found. Demand for lithium, for example, tripled from 2017 to 2022, while the critical minerals market doubled in five years, reaching US$320 billion in 2022, according […]
Ghana signed a memorandum of understanding with bilateral creditors, including France and China, to restructure $5.4 billion worth of debt. The deal was seen as a prerequisite for unlocking $360 million from the IMF under a $3 billion bailout program next month. Ghana was the second African country to default on its debt following Zambia […]
Ghana will decide by December which company will build its first nuclear power plant, choosing from contenders including French, US, Chinese, Russian and South Korean energy firms. Faced with power shortages, growing calls for environmentally friendly energy solutions and the vulnerability of hydropower to drought, Ghana has been one of the few African countries exploring […]
African leaders have called for more regional cooperation in fighting terrorism at a high-level summit in Abuja, with Nigeria’s president accusing the global community of being responsible for the disturbing rise in illegal mining, illicit funds flow and terrorism funding in the continent. The High-Level African Counter-Terrorism Conference, with the theme ‘Building to Address the […]
China’s 45th naval fleet has in recent weeks visited Tanzania, Mozambique and Madagascar in what experts say is Beijing’s show of force designed to help cement the Asian powerhouse’s diplomatic ties in Africa. After the People’s Liberation Army’s (PLA) Navy stopped many of its African port visits during the Covid-19 pandemic, it has now begun […]
Ghana’s president ordered an increase in farmgate cocoa prices by 58% amid a drop in output due to climate change. Ghana is the world’s second largest cocoa producer with 15% of global output of the key ingredient for chocolate production. “The increase in the producer price of cocoa has become necessary to enhance the income […]
The UK has agreed to return some 32 gold and silver artefacts that have been stolen from the court of Ghana’s Asante King in the 19th century. The items will be returned on a loan to the current Asante King and they are planned to be displayed to the public at the Manhyia museum in […]
Ghana, the world’s second-largest cocoa producer, considers doubling farmgate price of the crop to combat smuggling amid a global shortage, as the country’s share of the whole sale market price shrinks to 16% from 44% in mid last year. The Ghana Cocoa Board and the country’s government are reportedly muling a significant increase — potentially […]
Senegal joins other African countries like Nigeria or Namibia that have struggled to manage their oil and gas resources discovered in recent years for the real benefit of the people, including by improving the energy situation at home. The oil and gas finds in Africa have rarely lived up to their promise, often doing more […]
Six Ghanaians, including three soldiers, have been convicted and sentenced to death by hanging for their participation in an alleged coup conspiracy three years ago that aimed to overthrow the country’s government. The convictions mark the first treason trial in the West African country since 1966, following the overthrow of post-independence leader Kwame Nkrumah. The […]