Prime News Ghana

Today's Ghana Business, Banking and Economic news

Ghana seeks $1.7bn from AFREXIM Bank facility

Ghana aims to secure $1.7 billion in loans and other support from the African Export-Import Bank (AFREXIM) before the end of the year, Minister of State at the Ministry of Finance, Abena Osei Asare, has disclosed.

Gov't signs $12bn agreement for first phase of Petroleum Hub project

In a move to transform Ghana’s energy sector, the Government of Ghana has signed a US$12 billion agreement with TCP-UIC Consortium which comprises Touchstone Capital Group Holdings Ltd., UIC Energy Ghana Ltd., China Wuhan Engineering Co. Ltd., and China Construction Third Engineering Bureau Co. Ltd for the development of the first phase of the Petroleum Hub project in the Jomoro Municipal Area in the Western Region.

World Bank approves $4m grant to boost access to funds earned from carbon credits

The World Bank and Solidaridad West Africa (SWA) – leading implementation agency for Ghana signed a grant agreement for a US$4 million project to boost social inclusion in the sharing of benefits generated within the Ghana Cocoa Forest Reducing Emissions from Deforestation and Forest Degradation (REDD+) Program (GCRP).

Opuni challenges COCOBOD CEO over empty coffers claims

The former Chief Executive of COCOBOD, Dr. Stephen Kwabena Opuni has flatly dismissed allegations by his successor, Joseph Boahen Aidoo that COCOBOD was facing significant financial challenges when he (Boahen Aidoo) assumed office in January 2017.