The Minister for Finance in Ghana , Dr. Cassiel Ato Forson, has announced an ambitious government plan to acquire 200000 hectares of land for cocoa plantations as part of efforts to revive Ghana’s struggling cocoa sector and restore production levels to 1 million metric tonnes. Speaking at the inauguration of a new eleven-member Board of […]

In a continent striving for energy access and industrial development, Africa continues to lose billions of dollars in potential revenue by flaring its natural gas – a practice that remains entrenched largely due to infrastructure shortfalls and outdated economic incentives. Speaking at a presentation on “Flare Gas Utilization: The Importance of Mid-Scale Integrated Gas Commercialization […]

Afreximbank reported strong financial performance despite a complex global economic landscape marked by geopolitical tensions, inflationary pressures, and elevated interest rate, posting a net income of US$973.5 million for FY 2024, a 29% increase from the previous year – with subsidiaries beginning to make meaningful contributions to the Group’s financial results. These impressive results highlight […]

The African Development Bank Group President, Dr. Akinwumi Adesina, has appointed the Right Honourable Andrew Mitchell as his Senior Advisor for resource mobilization and policy issues on a pro bono basis. Rt. Hon. Mitchell, whose appointment is effective 7 April 2025, will provide strategic advice on emerging global and regional development issues and high-level political […]

Striving to increase production and reverse natural declines in mature oilfields, Ghana is promoting new investment across its upstream oil and gas sector. The country – through national upstream regulator the Petroleum Commission of Ghana – is embarking on a series of industry reforms that aim to strengthen the operating environment for oil and gas […]