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The Bank of Ghana (BoG) has lauded the Gold for Oil (G4Oil) programme for helping to stabilise fuel prices since its introduction. The Head of Financial Markets at the central bank, Steven Opata, said the government’s policy had resulted…

With an estimated bauxite resource base of over 900 million metric tonnes, a comprehensive development of an integrated aluminium industry would create nearly 2 million sustainable jobs with an anticipated US$1trillion in total revenue for…

The Director-General of the National Lottery Authority (NLA), Sammi Awuku has  revealed that the company loses about 40 per cent of  its revenue to illegal operators as  several  attempts were been  made  to clamp down on them. Speaking…

When earlier this year, prices slumped following the series of bank collapses in the United States, their subsequent recovery was attributed to one factor: China. The world’s largest oil and gas importer and Asia’s biggest economy,…

As the EU works to rebalance its natural gas supply away from Russia, African countries are expected to gain a larger share of the bloc’s liquefied natural gas (LNG) market in the coming years. Last month the EU announced that it would…

Bullish sentiment appears to have taken over oil markets in the wake of the OPEC+ decision to cut production by an additional 1.6 million bpd from May through to the end of the year. While some, including Morgan Stanley, are warning of…

OPEC+ stunned the oil market, announcing additional surprise production cuts until the end of this year and sending prices up by around $5 a barrel in a single-day surge on Monday.  Brent Crude bounced back to $85, and WTI Crude hit $80…

U.S. petroleum and other liquids production is expected to grow by 10% from 2022 through 2050, driven by international demand and higher exports of finished products, according to the Reference case in the recent Annual Energy Outlook 2023…

The world's wealthiest individuals have built their fortunes through shrewd investments and savvy business decisions, proving the old adage that "money makes money" to be true.  According to the latest Bloomberg Billionaires Index, these…

Cocoa farmers in Ghana can heave a sigh of relief as the European Union (EU) has clarified that the majority of cocoa from the West African country is at no risk of an EU market ban. Legislation passed in December by the EU parliament…