Prime News Ghana

Today's Ghana Business, Banking and Economic news

Ghana gold buyers went weeks without funds, sources say

Artisanal gold marketing agency GoldBod has not provided funds ‌to its gold suppliers for as long as three weeks, forcing some operators to halt purchases or borrow to stay in business despite surging bullion prices, five industry sources told Reuters.

Ghana signs €163m debt restructuring deal with Belgium

The Minister for Finance, Dr. Cassiel Ato Forson, has announced that Ghana has moved closer to completing its debt restructuring programme after signing an agreement with Belgium to restructure €163 million owed to the country’s export credit agency.

GOLDBOD proposes ‘Involve, Protect, Expand’ model to transform mining communities

The Chief Executive Officer of the Ghana Gold Board (GoldBod), Mr. Sammy Gyamfi, has proposed an “Involve, Protect, Expand” (IPE) framework as a new approach to rebuilding the social license of Ghana’s mining industry and ensuring that mineral wealth delivers greater benefits to host communities, the youth and the wider economy.

Gold must transform mining communities - GoldBod CEO declares

The Ghana Gold Board (GoldBod) has called for a fundamental shift in how Ghana measures the benefits of mining, arguing that the country’s mineral wealth must translate into tangible improvements in the communities where gold is produced.

Dangote refinery spurs West Africa fuel trading hub ambitions

West African energy regulators are stepping up plans for a regional fuel pricing benchmark and ​trading hub, betting that a wave of new refining ‌capacity led by Nigeria's Dangote refinery can give Africa a greater role in fuel price discovery and trade, Nigeria's regulator said on Tuesday.