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Tag Archives: Ghana

Ghana charges ex-oil Chief in $28m scam

Ghana’s anti-corruption agency has filed sweeping criminal charges against a former petroleum regulator and six others in a case involving the alleged misappropriation and laundering of over $28 million. The Office of the Special Prosecutor (OSP) announced on Thursday that it has slapped 25 charges on Dr Mustapha Abdul-Hamid, the former Chief …

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Ghana hedges gold, reins in crypto

GHANA is developing a strategic hedging programme to safeguard its gold export earnings, which have significantly boosted its foreign reserves amid a commodity-driven windfall, according to the Governor of the Bank of Ghana, Dr Johnson Asiama. Speaking in Accra on Tuesday, Dr Asiama said the plan aims to shield the …

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Atlantic Lithium moves to seal Ghana lease

Atlantic Lithium Ltd is accelerating efforts to finalise the mining lease for its flagship Ewoyaa Lithium Project in Ghana as it slashes costs and restructures leadership to navigate a depressed lithium market. The company’s CEO, Keith Muller, outlined the strategy in a recent update to business news outlet Proactive. Securing ratification of the …

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Ghana eyes LBMA gold licence

GHANA is seeking to transform its gold sector by securing London Bullion Market Association (LBMA) certification for its domestic gold refineries—a move that could place the country alongside global bullion leaders and unlock access to premium institutional markets. President John Dramani Mahama announced the plan on June 3, revealing that the government …

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Ghana’s Special Prosecutor tags ex-finance Minister Fugitive

GHANA’S Special Prosecutor, Kissi Agyebeng, has declared former finance finister Ken Ofori-Atta a wanted person and a fugitive from justice after he failed to honour a scheduled appearance at the Office of the Special Prosecutor (OSP) on Monday, June 2. The OSP has now triggered an Interpol red notice and initiated extradition proceedings in …

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Gold Windfall Earns Ghana $1.1bn in a Month

GHANA has earned more than $1.1bn in foreign exchange in just one month from the export of over 11 tonnes of gold, following the full activation of its Goldbod initiative, Finance Minister Cassiel Ato Forson announced in a post on X (formerly Twitter) on Tuesday. The windfall is being hailed as a …

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Ghana Unveils Volta Lake to Fuel 24-hour Economy

GHANA has launched the Volta Lake Economic Corridor as a centrepiece of its ambitious 24-hour economy agenda, aiming to supercharge productivity, logistics, and industrial development through one of West Africa’s most underutilised natural assets. President John Mahama announced the corridor during a national address in Accra on Wednesday, presenting it …

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2025 Unity Cup: Ghana Announces Squad

BLACK Stars of Ghana head coach Otto Addo has officially announced his 23-man squad for the highly anticipated Unity Cup invitational tournament, set to take place in London. The Unity Cup not only provides an opportunity for national pride but also allows players to showcase their talents on an international stage. …

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Ghana to Revive Cocoa with Land Drive

GHANA’S government has unveiled plans to acquire 200,000 hectares of land by the end of the year to revive cocoa production, after output plunged to its lowest level in over two decades. The announcement was made on Friday by Finance Minister Cassiel Ato Forson. The land acquisition aims to support smallholder cocoa …

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UK Sends 43 Migrants Back to Nigeria, Ghana

THE UK has deported 43 migrants to Nigeria and Ghana as part of efforts to clamp down on illegal immigration, the Home Office has confirmed. The latest charter flight included 15 individuals whose asylum claims were refused, 11 foreign nationals who had completed prison sentences, and seven others who returned …

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