Ghana

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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.

AfCFTA, African Politics, Local News, Most Popular

Ghana’s Security Fragile Amid Rising Regional Threats

President John Dramani Mahama has warned that Ghana’s security remains fragile amid rising instability across the West African sub-region.
He identified violent extremism, terrorism and transnational crime as key threats, particularly along Ghana’s northern borders.
The President stressed that safeguarding the nation requires a collective effort beyond the security services alone.

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