The cedi appreciated by 0.09% against the US dollar over the week, closing at a mid-rate of GH¢16.19 per DOLLAR. It also saw a 0.35% gain against the pound and …
Economy and Finance
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Economy and FinanceMining & Energy
Ghana to increase Manganese production to 8 million tonnes/year with new $450m refinery
by Adnan Adamsby Adnan AdamsThe project, aimed at upgrading the current low-grade carbonate manganese into a higher-value product, is part of a US$450 million investment, with the first phase expected to cost $240 million.
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Economy and FinanceNews
Implementation Gaps Hinder Business Climate in 50 Economies
by Adnan Adamsby Adnan AdamsNearly all 50 economies assessed this year perform better on their regulatory framework than they do on the public services they provide to ease compliance by businesses.
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Economy and FinanceMining & EnergyNews
Africa Oil Week Heads to Ghana, Signaling New Era for African Energy
by Adnan Adamsby Adnan AdamsInvesting in African Energy, the continent’s premier energy event, is charting a new course, announcing its move to Accra, Ghana, for its 2025 edition. …
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Economy and FinanceMining & EnergyNews
APPO Chief Calls for Unified African Voice and Warns Against EU Carbon Tax at Energy Conference
by Adnan Adamsby Adnan Adams8 October 2024, Cape Town, South Africa – Dr. Omar Farouk Ibrahim, Secretary General of the African Petroleum Producers Organisation (APPO), delivered a powerful message at the AOW …
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Economy and FinanceNews
Forex Auction: BDCs gets $40mn monthly till year end
by Adnan Adamsby Adnan AdamsAccording to the calendar, the Central Bank will auction $20 million to the BDCs twice in October.
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Economy and FinanceNews
Almost 99% of Ghana’s Eurobond debt restructured successfully.
by Adnan Adamsby Adnan AdamsGhana’s Eurobond debt restructuring campaign was opened on September 5, 2024 and closed on the September 30, 2024.
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Economy and FinanceMining & EnergyNewsPoliticsTechnology
African ministers chart continent’s energy future at closed-door sessions
by Adnan Adamsby Adnan AdamsThe AOW event, a leading platform for dialogue and dealmaking in the African energy sector, aims to drive investment, foster partnerships, and showcase the continent’s vast energy potential.
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Economy and FinanceMining & EnergyNews
Improve Ghana’s business climate – US Ambassador tells gov’t
by Adnan Adamsby Adnan Adams“Improving Ghana’s business climate will be an important next step and one it must tackle.”
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Overseas markets have been a key focus area to generate growth for JPMorgan — which has assets of over $4.1 trillion and operations in more than 100 countries.