With just about two months before the 2022 FIFA World Cup begins in Qatar, calls have mounted for African countries to seek justice for their citizens who have worked in …
Ghana
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Too early to speculate on Ghana’s debt restructuring, says IMF
The International Monetary Fund (IMF) has cooled speculations that Ghana is poised to start talks on the restructuring of its debt as part of plans to secure a $3 billion …
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AfricaAFRICA NEWSBusinessEconomyEnergyGhanaINVESTMENTNewsOil & GasSpotlightWestern Africa
Ghana conducts oil and gas roadshow in Texas to attract investors
The Petroleum Commission together with upstream players, GNPC, GOIL, and Base Energy under the leadership of the Minister for Energy, Dr. Matthew Opoku Prempeh is in Houston, Texas, United States …
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Ghana began talks with the International Monetary Fund on Monday for an IMF-supported lending programme, the government said in a statement, in a bid to reduce economic hardship that spurred …
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AfricaBusinessGhanaNewsOil & GasWestern Africa
Ghana commences decommissioning of Saltpond Oil Field
The Ghana National Petroleum Commission (GNPC) is set to commence the technical decommissioning of the Saltpond Oil Field in the Central Region. The decommissioning which was announced in 2016 was …
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AfricaBusinessGhanaNewsNigeriaSpotlightTechnologyWestern Africa
Vendease, a food sourcing platform for African restaurants raises $30M to deepen operations across Africa
Vendease, a Y Combinator-backed digital platform that allows restaurants in Africa to buy supplies, access financial services and power their business operations, has raised $30 million in an equity and debt …
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Ghana’s Long-Term Local and Foreign Currency Issuer Default Ratings (IDRs) have been lowered by rating agency Fitch from “CCC” to “CC” or further junk status. This is the second time …
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AfricaEconomyGhanaNewsWestern Africa
Sovereign debt default ‘a real possibility’ for Ghana, says Fitch director
Sovereign debt default is “a real possibility” for Ghana, and any kind of domestic debt restructuring could severely threaten the local banking sector, a senior director from the ratings agency …
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AfricaAFRICA NEWSBusinessEconomyGhanaINVESTMENTNewsWestern Africa
Ghana, Finland sign framework agreement
Ghana and Finland have signed a framework agreement on projects to be funded under Finland’s Public Sector Investment Facility (PIF) Scheme. The agreement was signed on Monday on the margins …
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Ghana’s economy grew by 4.8 percent, year-on-year, in the second quarter of this year largely due to the manufacturing and crop and cocoa sectors, the Ghana Statistical Service (GSS) has …