VRA exploring plan to transform Akosombo Dam into giant power battery reserve
The Volta River Authority (VRA) has announced plans to convert the Akosombo Hydroelectric Dam into a massive power battery reserve […]
African Markets
Finance Minister to submit Deloitte Audit on DBG to Attorney General
Finance Minister Dr. Cassiel Ato Forson has confirmed that the Deloitte audit report on Development Bank Ghana (DBG) will be
ECG reports record GH₵1.74bn revenue in July, assures improved service delivery
The Electricity Company of Ghana (ECG) says it is cutting down on losses and improving revenue mobilisation, having recorded its
African leaders demand equity and UN reform, decrying marginalization
With a powerful, unified voice, African leaders addressed the 80th United Nations General Assembly this week, issuing a stark call
Prioritise concessional loans over domestic borrowing – World Bank to Ghana
The World Bank Country Director for Ghana, Sierra Leone, and Liberia, Robert Taliercio, has advised government to lean more on
Real banking is finally coming – AGI boss predicts lending rates will fall
The Association of Ghana Industries (AGI) is upbeat that the recent cuts in the Bank of Ghana’s policy rate will
World Bank rejects Akufo-Addo gov’t’s Covid-19, Russia-Ukraine War defence for 2022 economic crisis
The World Bank has dismissed the Akufo-Addo administration’s long-standing claim that Ghana’s 2022 economic collapse was driven by global shocks,
Mahama backs energy compact as Ghana pledges universal electricity access by 2030
Ghana has pledged to achieve universal electricity access by 2030, joining 16 other African nations in endorsing National Energy Compacts
Nigeria central bank cuts key rate for first time since 2020
Nigeria’s central bank cut its key lending rate for the first time since 2020 on Tuesday, lowering it by 50
Ghana backs World Bank-led Mission 300 to end energy poverty by 2030
Ghana has joined 16 other African countries in endorsing a National Energy Compact under Mission 300, a bold World Bank