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The Ghana Road Contractors says it has not received any offer letter from the government about a possible restructuring of the debt. This comes after the Finance Minister, Dr Mohammed Amin Adam, announced that the government, through its…

Ghana invited holders of roughly $13 billion of its international bonds to swap their holdings for new instruments on Thursday, more than two months after reaching a preliminary restructuring agreement with two bondholder groups.…

Burkina Faso's junta has introduced a new biometric passport that omits the ECOWAS logo, officials announced on September 4, 2024. The new passport, featuring an electronic chip, offers advanced data storage and enhanced security.…

The Ghana Mine Workers Union has served notice it will on Monday September 16, 2024 picket the Jubilee House to present a petition to President Akufo-Addo on the happenings at Future Global Resources (FGR) Bogoso-Prestea Mine. According…

Banks in Ghana wrote off GH¢1.048 billion in the first-half of 2024, according to the Bank of Ghana’s Domestic Money Banks Income Statement. This was howeer 39.5% lower than the same period last year. The provision was classified as…

The Legislative Instrument (L.I.) to regulate cement prices has been enacted despite resistance from cement manufacturers and parts of the public. Originally, the draft L.I. required manufacturers to get government approval for setting…

The Ministry of Food and Agriculture under the OVCF programme and Agricultural Development Bank (ADB), one of the leading universal banks in the country have recently partnered the Central Citrus Processing Limited with the aim of revamping…

Oil prices tumbled on Tuesday morning as speculation continued that the eight leading OPEC+ producers would unwind their voluntary production cuts.  Crude production in Iraq’s semi-autonomous Kurdistan region continues to…

New data from the Air Quality Life Index (AQLI) reveals that air pollution significantly reduces life expectancy worldwide, even though global pollution levels saw a slight drop in 2022. If fine particulate pollution (PM2.5) met World…

Nigeria could soon let its new refinery, Africa’s biggest crude processing facility, set the price of gasoline it sells to marketers in a major shift of policy control over fuel prices, officials familiar with the plans told Bloomberg on…