Consortium commits $10 million to lithium drilling
A business consortium, made up of a foreign investor and a local partner, has committed to roll out a $10 million lithium drilling programme before the end of the year.…
Ghana’s Complete Farmer, which connects farmers to global food buyers, raises $10.4M
Africa’s agricultural sector has a significant social and economic impact, per McKinsey. The percentage of smallholder farmers in sub-Saharan Africa exceeds 60%, while agriculture accounts for approximately 23% of the region’s…
Ghana remains world’s largest borrower under our poverty loan facility – IMF
Ghana has emerged as the country across the globe with the highest outstanding loan under the Poverty Reduction and Growth Trust (PRGT) at the International Monetary Fund (IMF). The Poverty…
Ghana reopens debt exchange for 12.9 billion cedis of local bonds, finance ministry says
Ghana is reopening a debt exchange that was originally settled in February for another 12.9 billion cedis ($1.1 billion) of local bonds, the finance ministry said on Thursday. The terms…
Ghana imports $24 million worth of onions from Niger – Bryan Acheampong
Source: ghanaweb.com The Minister for Food and Agriculture, Bryan Acheampong, has lamented the country’s inability to handle its own food matters. According to him, Ghana imports about $24 million worth…
Inflation for August 2023 falls to 40.1%
The year-on-year inflation for the month of August 2023 fell to 40.1% from the 43.1% recorded in July 2023, the lowest in 12 months. According to data from the Ghana…
Bag of cocoa beans to sell at GH¢1,308 in new season – Akufo-Addo announces
President Nana Addo Dankwa Akufo-Addo has announced an over 70% upward adjustment of the farm gate price of cocoa beans from GH₵800 to GH₵1,308 per bag for the new cocoa…
Following Zimbabwe and Kenya’s lead, Ghana wants to regulate its carbon credits industry
Ghana is working on legislation to regulate the production of carbon credits in the country, Lands and Natural Resources Minister Samuel Jinapor said. This decision trails efforts made by other…
First review of Ghana’s IMF programme starts 25 – Ofori-Atta .
An International Monetary Fund (IMF) Staff Mission will commence Ghana’s first review of the ongoing $3 billion loan-support programme from September 25, 2023, the Finance Minister Ken Ofori-Atta has announced. …
‘Ghana Will Soon Be Film Production Hub’
The Chief Executive Officer of Farmhouse Productions, Ivan Quashigah, is confident Ghana will soon be the centre for film production on the African continent. He believes that the nation’s film…