Africa Headlines International

AU, ECOWAS at odds over Niger intervention as ECOWAS military chiefs meet in Ghana

As West African military chiefs are set to meet Thursday (17 August) in Ghana to coordinate a possible intervention aimed at reversing Niger’s coup, the Economic Community of West African States (ECOWAS) and the African Union (AU) appeared to disagree on whether a military action should be on the table in the first place. Alarmed […]

Africa Business Headlines International

Ghana approves ‘minerals of the future’ policy to develop lithium mining, production

Ghana’s government has given the nod to a pioneering green-minerals policy that is aimed at helping the West African country manage the exploitation and production of lithium, a step towards tapping into the multibillion-dollar global industry. The “Minerals of the Future” policy, which was approved by the cabinet on 27 July, stands testament to Ghana’s […]

Africa Business Features Finance Headlines International

Nine African countries join Afreximbank’s PAPSS platform in push for ‘de-dollarization’

A pan-African payment system that would allow African nations to trade among themselves, using their own currencies, is gaining momentum, as the platform has recently started commercial operations with nine countries having signed up so far, according to the Afreximbank President Benedict Oramah. The African Export-Import Bank — or Afreximbank — expects 15 to 20 […]

Business Emerging Markets Energy Features Headlines

Ghana dethrones South Africa to become Africa’s top gold producer

Ghana has reclaimed its top position as Africa’s premier gold producer, surpassing South Africa, after large-scale mining companies in the West African country increased gold production from 2.2 million ounces in 2012 to 3.08 million ounces last year. After a temporary setback in 2021 due to a sharp decline in output, Ghana has reclaimed its […]

Business Emerging Markets Energy Features Headlines

Nigeria commissions Africa’s largest oil refinery in bid to end fuel imports

Nigeria on Monday (22 May) commissioned the Dangote Refinery billed as Africa’s largest oil refinery, amid hopes of transforming the West African country into a net exporter of petroleum products, though doubts persist that securing crude supplies could delay achieving full production this year. The new refinery, owned by Africa’s riches man Aliko Dangote, was […]

Africa Business Features Finance Headlines International

IMF $3bn bailout package for Ghana defies Akufo-Addo’s ‘Ghana beyond aid’ policy

Ghana, formerly praised for its stability and good governance, is finally getting some breathing room after Ghanian officials announced last week (18 May) that the $3 billion bailout for the West African nations had finally been approved by the International Monetary Fund (IMF) Ghana has been facing a severe economic crisis since the onset of […]

Africa Europe Headlines International

Ghana world’s first country to approve Oxford’s new malaria vaccine

Ghana has become the first country in the world to approve a highly effective R21/Matrix-M vaccine against malaria, developed at Oxford university in the United Kingdom, though questions remain over funding and also how or when the vaccine would be rolled out. The vaccine, the first to exceed the World Health Organization’s (WTO) target of […]

Africa Americas Finance International

US Treasury Secretary to urge for ‘speedy’ action on Ghana, Zambia debt relief within G20 framework

US Treasury Secretary Janet Yellen will push this week for urgent resolution of requests by Ghana and Zambia for restructuring of their sovereign debts, as a record number of developing nations are at risk of a debt crisis, with ballooning inflation escalating borrowing costs. Yellen, who is scheduled to meet with her counterparts at this […]

Africa Americas Headlines International

U.S. Vice President wraps up visit to Africa, calls for strengthening democracy, closing digital gaps in continent

The U. S. vice president Kamala Harris ended on Saturday her weeklong Africa trip that led her to Ghana, Tanzania, and Zambia. If the influence of other foreign powers loomed over her trip, she tried to deepen and reframe U.S. relationships with the continent, highlighting major steps in that direction. “My visit has convinced me […]

Africa International

In Ghana, US VP Harris promises to boost ties, investment for Africa

US Vice President Kamala Harris arrived Sunday (26 March) in Ghana for the start of a weeklong visit to Africa intended to deepen her country’s relationships amid global competition over the continent’s future. “I’m very excited about the future of Africa,” Harris said and added that she wanted to promote economic growth and food security […]