Economy and Finance

Among some of the firms that held meetings with the Petroleum Commission CEO is, PVE Consulting Ltd, which is an international advisory consulting firm for the upstream Exploration and Production …

Investment in Africa’s energy industry would help developed nations, improve their energy security at little cost to the environment while complying with all their ESG requirements, he said.

He believes that to achieve energy transition agenda, just-transition mechanisms must be balanced with the idea of “just access”.

‘Hopes are that by end of first 2023, at least two of the blocks could have been awarded’, the Chief Executive Officer of the Commission has said in an interview.

The good news is that financial institutions such as RMB are seeing value in funding independent power initiatives. International investors are also being attracted by Africa’s renewable-energy opportunities.

The Commissioner reiterated the fact that renewables are bringing down cost of energy generation amidst the challenging times for fossil fuels which has been witnessing surging prices on the international …

The IMF has asked government to include, energy sector debt, GETFund, Sinohydro, and cocoa loans to the public debt. The country’s debt stock increased to US$393.4 billion, 78.3 percent of …

This unpleasant news confirms a publication of this paper earlier this month which indicated a possible ‘haircut’ of investors funds in government debt instruments.

The Central Bank indicates that, the structural policies are mainly targeted at curbing or managing positively the Ghanaian appetite for foreign foods.

The auction results as released by the Bank of Ghana indicate that government exceeded its target for the 13th week running. But, this comes with at a higher repayment cost. …