The Youth Employment Agency (YEA) has rolled out its Business and Employment Assistance Programme (BEAP) with 1,452 businesses, aimed at bolstering Ghana’s economic recovery post-COVID-19.
Citi predicts that oil prices will plummet to the $60s range by 2025 as inventories build following a tight market this summer, signaling a bearish outlook despite current robust demand and higher prices.
The Minister of Trade and Industry, Kobina Tahir Hammond, has urged Chinese investors to collaborate with Ghana to increase their investments across Africa.
Ghana has reached an agreement in principle with its bondholders for the restructuring of $13 billion worth of international debt, three sources told Reuters on Thursday, on the heels of a deal finalised with official creditors earlier this month.
A four-member delegation from the Moroccan Ministry of Energy Transition and the Customs and Indirect Administration is in the country to understudy the National Petroleum Authority’s petroleum distribution system relative to tax administration.
Ghana's economy grew by 4.7 per cent year-on-year in the first quarter of this year, compared to the 3.8 per cent recorded in the same period last year, the Ghana Statistical Service (GSS) has revealed.
Ghana aims to secure $1.7 billion in loans and other support from the African Export-Import Bank (AFREXIM) before the end of the year, Minister of State at the Ministry of Finance, Abena Osei Asare, has disclosed.
In a move to transform Ghana’s energy sector, the Government of Ghana has signed a US$12 billion agreement with TCP-UIC Consortium which comprises Touchstone Capital Group Holdings Ltd., UIC Energy Ghana Ltd., China Wuhan Engineering Co. Ltd., and China Construction Third Engineering Bureau Co. Ltd for the development of the first phase of the Petroleum Hub project in the Jomoro Municipal Area in the Western Region.
Bulk Oil Distribution Companies (BDCs) secured $20 million through the Bank of Ghana’s (BoG) forex forward auction, conducted at a rate of GHS 15.05 per US dollar.
The World Bank and Solidaridad West Africa (SWA) – leading implementation agency for Ghana signed a grant agreement for a US$4 million project to boost social inclusion in the sharing of benefits generated within the Ghana Cocoa Forest Reducing Emissions from Deforestation and Forest Degradation (REDD+) Program (GCRP).
