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Ghana begins oil production at Sankofa Gye-Nyame Fields
President Nana Addo Dankwa Akufo-Addo has commissioned the Floating Production Storage and Offloading Vessel (FPSO) John Agyekum Kufuor to formally kick-start the production of oil in commercial quantities from the Sankofa Gye-Nyame Fields.…
Intra-African trade could double to $400b – Oramah
There is a long held debate about the volume of intra-African trade. Some say it is 10 per cent, others say it is underestimated because it could be more than that, and put it at 12 per cent. It is about 3 per cent of global trade.…
Some 54% of Ghanaians abroad say they couldn’t live without their phones – Ding
Some 54 per cent of Ghanaians living abroad say they couldn’t live without their phones, according to a survey of 114 of them by Ding, a mobile top-up network.
In a press release on the survey on how Ghanaians use their phones copied to…
China, India will account for half of all new mobile subscriptions in the world by end 2020 – GSMA
A new study by the global mobile industry organization, GSMA says China and India will account for half of all the mobile subscribers to be recorded in the world by the end of 2020.
According to the 2017 edition of ‘Mobile Economy: Asia…
Institutions in Ghana seek $320m to combat climate change
Mr Robert Mensah, an Economist with the Natural Resources, Environment and Climate Change Unit of the Ministry of Finance, has said institutions in Ghana were seeking to access $320 million from the Green Climate Fund (GCF).
He said the…
World Bank approves additional $85.7m financing for education and sanitation in Ghana
The World Bank has announced the approval of two International Development Assistance credits of $85.7 million for Ghana.
According to the Bank, the credits announced June 28, 2017 are for the Secondary Education Improvement Project…
Osafo Marfo confirms Ghana has proven bauxite reserves worth $460b
The Senior Minister, Mr. Osafo Marfo says Ghana has proven reserves of bauxite valued at $460 billion, confirming an earlier claim by the Vice President, Dr. Mahamudu Bawumia.
Speaking to the BBC Thursday afternoon, Mr. Osafo Marfo…
Ghana outperforms countries in sub-Sahara Africa in resource governance index, but many issues…
Despite many issues plaguing Ghana’s natural resource governance regimes, revenue management and budgeting, the country has been ranked high above resource rich countries in sub-Sahara Africa, in the Revenue Governance Index, released today…
Ghana improves overall ranking on Social Progress Index
Ghana has improved its ranking on the Social Progress Index, released last week. Ghana is among countries that have made improvements in the indicators measured by the Index.
The Social Progress Index, by the Washington-based Social…
Sanlam says still committed to Ghana after Enterprise Group dumps it for Black Star Holdings
A major event happened in the business world in Ghana, seemingly on the quiet. Enterprise Group has parted company with its strategic partner, South African Sanlam Emerging Markets Proprietary Limited and has subsequently replaced Sanlam…