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Ghana to ban rice imports by 2022

The government of Ghana aims to make the local production of rice sufficient for all by 2022, a Deputy Minister of Agriculture has announced. This will result in a ban on the importation of the commodity, the deputy minister, Kennedy Osei Nyarko, said. The move comes a week after the Peasant Farmers Association of Ghana […]

Cocoa Production: Ghana to receive $600m syndicated loan

Ghana, the world’s second-largest cocoa producer, has signed a $600 million syndicated receivables-backed term loan with the African Development Bank (AfDB), Credit Suisse, the Industrial and Commercial Bank of China (ICBC) to boost cocoa productivity in the West African country. Ghanaian President Nana Addo Dankwa Akufo-Addo, the president of the AfDB Akinwumi Adesina, senior officials […]

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Ghana inks $2.6 billion Agreement for a Sky train project

Ghana inks $2.6 billion Agreement for a Sky train project

Ghana has signed a $2.6 billion Concession Agreement with South African firm African Investment SkyTrain Consortium to construct a world-class mass transport system in the city of Accra. The MOU was signed on Monday on the sidelines of the ongoing Africa Investment Forum (AIF) in Johannesburg, South Africa. The deal was signed in the presence […]

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Ghana to build a new commercial port next year

In Ghana, physical work is expected to begin on the Keta Port and Harbor project by December 2019, local media reported. According to the Director General of the Ghana Ports and Harbors Authority, Micheal Luguje, several works have been done already. The project according to the GPHA boss will be funded largely by the private […]

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Ghana Stock Exchange: more than half of listed firms registered losses

In Ghana, 20 out of 35 firms listed on the Ghana Stock Exchange (GSE) have registered losses in their share values since January 1, 2019, local media reported. According to the Finder newspaper, the move has reduced the market capitalization of the Accra bourse with billions of losses for investors in equity. Only six stocks […]

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Ghana revises fiscal deficit, plans to upgrade cocoa roads

Ghana revises fiscal deficit, plans to upgrade cocoa roads

Ghana Finance Minister announced that the government has resumed work on cocoa roads in the west African nation. In the Mid-year Budget Review in Parliament, Ken Ofori-Atta, the Finance Minister has announced that the government is seeking to ensure rapid expansion of infrastructure in an integrated manner to transform the economic and social lives of […]

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Ghana to host African Continental Free Trade Area Secretariat

The Assembly of Heads of State and Government of the African Union (AU) has selected Ghana as the host country for the Secretariat of the African Continental (AfCFTA) Free Trade Area. The announcement was made on Sunday, 7 July 2019, during the 12th AU Extraordinary Summit held in Niamey, the capital of Niger, after Ghana […]

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Waste treatment: Ghana’s ambitious plan to tackle a shortfall of $300 million

Waste treatment: Ghana’s ambitious plan to tackle a shortfall of $300 million

In Ghana, Zoomlion, the country’s biggest company that manages waste in several cities is planning to set up a waste processing plant in each region of the West African nation. According to the company managers, about 12,710 tons of solid waste are generated daily in Ghana. As far as liquid waste is concerned, the city […]

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U-turn: Asamoah Gyan backtracks on retirement

The Captain of the Ghana Black-Stars, Asamoah Gyan has backtracked from his decisions to retire from the Black Stars following an intervention from the President. In a statement, the former skipper said “I have spoken to President Akufo-Addo in good faith and will now make myself available for selection by coach Kwasi Appiah”. The President […]

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Ghana: Fans applaud Ghana’s football captain following international retirement

Ghana: Fans applaud Ghana’s football captain following international retirement

Football fans across the world are paying tribute to Asamoah Gyan, the Black Stars’ all-time leader in appearances and goals, who announced his international retirement on Monday. The Kayserispor forward who made his debut in the national team more than 16 years ago has decided to hang up his international boots upon consultation with his […]

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