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Tag: Ghana

IMF and Ghana reach staff-level deal on $3 bln loan-programme review

International Monetary Fund staff and officials in Ghana have reached an agreement on their third review of the West African country’s $3 billion IMF loan programme, the fund said on Friday. The West African gold and cocoa producer is nearing completion of a debt-restructuring process under the G20’s Common Framework initiative, after it defaulted on…
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October 5, 2024
Ghana plans three-day protest over illegal mining, arrests

Ghanaians are set to stage a three-day protest this week demanding government action on illegal gold mining and the release of 54 activists detained for demonstrating against the illicit activity. The government’s handling of illegal mining — particularly its impact on natural resources and rural livelihoods — has become a flashpoint issue in the run-up…
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October 2, 2024
Plunder Capitalism: Land Grab Tactics in West Africa

panafrican.email Private property is the cornerstone of individual and family wealth, especially in West Africa, where land is closely tied to identity, community, and survival. Yet, the phenomenon known as plunder capitalism is threatening the very foundation of this wealth, as private equity players and multinational corporations employ a range of tactics to seize land…
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September 29, 2024
Nationwide lockdown looms as Ghana battles illegal mining crisis

Ghana is set to undergo a nationwide lockdown on Monday, September 30, as civil servants and labor unions escalate their campaign against illegal mining, widely known as Galamsey. The environmental devastation caused by these unregulated operations has triggered growing demands for urgent government intervention, including a state of emergency in mining areas and the cancellation…
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September 25, 2024
Reconnecting with the Past: African Universities Embrace Ancestral Studies in Modern Curricula

Several African universities have recently begun to incorporate ancestral studies or related programs into their curricula. Notably: For specific articles, consider checking academic journals or university press releases that focus on African studies or educational developments in the region. You can also explore databases like camarillamask.com or African Scholar for recent publications related to ancestral…
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September 25, 2024
The Ashanti Wars: A Legacy of Resistance and Power

The vibrant, fierce warriors depicted in the artwork are a powerful representation of one of Africa’s most formidable kingdoms — the Ashanti Empire. For centuries, the Ashanti people fought with unrelenting resolve to protect their sovereignty and preserve their culture, facing some of the most notable clashes with British colonial forces in a series of…
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September 20, 2024
Ghana’s opposition NDC stages protests over alleged voter roll irregularities

Ghana’s biggest opposition party held nationwide protests in regional capitals across the country Tuesday demanding an audit of the voter roll for the general election set for December. “We are not asking for a big favor from the electoral commission, we are demanding our right to free and fair elections,” Johnson Asiedu-Nketiah, the chairman of…
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September 19, 2024
Ghana’s economy grows by 6.9% in Q2 2024, fastest in five years

Ghana’s economy rebounded from the worst economic crisis in a generation, driven by expansion in several key sectors, according to the country’s statistics agency. The country’s industrial sector demonstrated 9.3% growth year-on-year, driven by the expansion in mining and quarrying, while the gold sector expanded for the third consecutive quarter, growing 23.6% year-on-year in the…
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September 19, 2024
Ghana to launch ‘monster mines’ to boost gold production

Africa’s top gold producer Ghana will commission its first large-scale greenfield mine in more than a decade in November, with expected annual production of more than 350,000 ounces, the head of its mining sector regulator said. Ghana, the world’s number two cocoa producer, has seen gold exploration slump over the past decade, limiting new projects…
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August 30, 2024
Ghana’s energy future takes shape!

On Monday, President Nana Akufo-Addo broke ground on the $12 billion Petroleum Hub Project in Nawule, Jomoro. This groundbreaking project is set to transform Ghana’s energy sector with a 300,000 bpsd refinery, petrochemical plant, and modern port facilities. “This project promises to be a cornerstone of our nation’s development, ensuring that all Ghanaian homes and…
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August 21, 2024