Category: Business

Mahama Petitioned with an Ato Essien Pardon

President John Dramani Mahama has been petitioned to grant a pardon to William Ato Essien, the entrepreneur and founder of defunct Capital Bank. The petition, submitted by Andrew Appiah-Danquah, a lawyer, raises concerns about the fairness and integrity of Essien’s conviction and subsequent imprisonment.Essien was sentenced to 15 years in prison by an Accra High...
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West African Gas Pipeline Resumes Operations After Successful Maintenance

The West African Gas Pipeline Company Limited (WAPCo) has successfully completed critical pipeline maintenance activities, resuming natural gas transportation from Nigeria to Ghana, Togo, and Benin. The four-week maintenance project involved offshore pipeline cleaning and inspection, subsea valve replacements, and other essential works across multiple locations. Gas supply to Tema, Cotonou, and Lomé was temporarily...
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Ghana’s Economic Expert Urges National Dialogue to Focus on Debt Management, Indigenization, and Agriculture

As Ghana prepares for its National Economic Dialogue on March 3, 2025, financial analyst Dr. Richmond Atuahene is calling for a focused discussion on three critical areas: debt management, strategic indigenization, and agriculture. Dr. Atuahene warns that Ghana’s high debt levels, currently at 72.2% of GDP, pose a significant threat to the country’s economic stability....
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WORLD BANK’S IFC TO INVEST $600 MILLION IN GHANA’S PRIVATE SECTOR

The International Finance Corporation (IFC), a member of the World Bank Group, has announced a major investment of approximately $600 million in Ghana’s private sector. This significant investment aims to create job opportunities, enhance industrial development, and drive economic growth in the country. According to Kyle Kelhofer, IFC’s Country Director, the investment will focus on...
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IBEC-2025: RMU Ag. VC Calls For Innovative, Inclusive Strategies To Accelerate Blue Economy Growth

The Acting Vice Chancellor of the Regional Maritime University (RMU), Dr. Jethro W. Brooks Jr., has called for broader engagement among stakeholders within the sub-region to fully harness the potential of the blue economy. Speaking at the opening ceremony of the second International Blue Economy Conference (IBEC-2025) currently underway in the Republic of The Gambia,...
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COCOBOD,DBSA delegation evaluate impact of Productivity Enhancement Programmes

The Ghana Cocoa Board (COCOBOD) led by Mr Randy Abbey has welcomed a delegation from the Development Bank of Southern Africa (DBSA), currently in Ghana to assess the effectiveness of the Productivity Enhancement Programmes (PEPs). The DBSA, along with other financial institutions, has provided critical funding for these initiatives, which aim to strengthen Ghana’s position...
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