Ghana

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Nigeria Strengthens Defence Ties with the US and Türkiye

Nigeria’s Defence Minister, General Christopher Musa (retd.), says the country’s growing security ties with Türkiye will not weaken its long-standing defence relationship with the United States, stressing that Nigeria’s non-aligned approach allows it to partner with multiple global powers to address its security challenges.

AfCFTA, African Stocks, Currencies, Economy, Global Trade, Local News

Ghana forfeits $54bn to trade-related illicit flows over a decade

Ghana forfeited an estimated US$54.1 billion to trade-related illicit financial flows between 2013 and 2022, ranking third among Africa’s most affected countries, according to a Global Financial Integrity report. The findings highlight widespread trade misinvoicing, particularly in key export sectors such as gold, cocoa and oil, and warn that without urgent reforms, the losses will continue to undermine the country’s development and economic sovereignty.

AfCFTA, African Markets, African Politics, Focus on Africa, Global Finance, Global Trade, Trade

Ghana Champions Global Call for $100bn Yearly Adaptation Finance

Ghana has urged African leaders to unite behind a bold push for $100 billion in annual climate adaptation and mitigation finance, stressing that the continent cannot tackle escalating climate impacts alone. Speaking on behalf of President Mahama, Minister Alhaji Baba Seidu Issifu highlighted Africa’s disproportionate climate burden and called for fair, accessible financing, strengthened partnerships, and collective action to turn adaptation into a driver of sustainable growth and industrialisation.

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