GHANA’S energy landscape is undergoing a strategic transformation, and the Bulk Oil Storage and Transportation Company (BOST) is at the centre of the action. At the upcoming Invest in African Energies: Accra Investor Briefing, BOST Managing Director Afetsi Awoonor will highlight…
GHANA is stepping up efforts to revolutionise its downstream petroleum sector, with a bold target of achieving 50 percent market penetration of liquefied petroleum gas (LPG) by 2030. At the forefront of this initiative is the National Petroleum Authority (NPA),…
GHANA is ramping up efforts to revive oil production and unlock fresh investment across its upstream energy sector. In a bid to reverse natural declines in mature oilfields and expand exploration, the Petroleum Commission of Ghana is leading a strategic overhaul…
IN a major breakthrough for Africa’s energy future, Nigeria, Angola and Ghana have fully honoured their capital commitments to the Africa Energy Bank (AEB), marking a significant step forward in launching the continent’s first pan-African oil and gas financing institution. The announcement…
GHANA’S drive to position itself as a leading energy investment destination in West Africa will take centre stage on April 14, 2025, when Energy and Green Transition Minister John Abdulai Jinapor delivers a keynote speech at the Invest in African Energies:…
GHANA’S President John Dramani Mahama’s official X (formerly Twitter) account has been fully restored after it was compromised by hackers, according to the state-owned Ghana Broadcasting Corporation (GBC). The breach was first confirmed by the Minister of State for Government Communications, Felix Kwakye…
THE price of gold has smashed through the $3,000 per ounce barrier for the first time, offering a potential windfall for Africa’s gold-producing nations. As demand for the precious metal surges, major economies across the continent stand to benefit from…
GHANA’S government has ruled out providing a $4bn bailout to recapitalise the Bank of Ghana (BoG), warning that using taxpayer funds to cover the central bank’s financial shortfall would jeopardise vital public services. Finance Minister Cassiel Ato Forson made the announcement during…
GHANA is facing a daunting external debt service burden of $8.7bn over the next four years, according to Finance Minister Cassiel Ato Forson. Speaking during his first budget presentation to parliament on Tuesday, Forson warned of significant repayment pressures that will…
GHANA’S Energy Minister, John Abdulai Jinapor, has dismissed claims that the government intends to privatise the Electricity Company of Ghana (ECG) or the Northern Electricity Distribution Company (NEDCo). Speaking at a press briefing on Friday, he assured Ghanaians that while ECG is…
