GCB Bank PLC says it is strengthening its Afro‑Asia Banking Desk to deepen trade and investment flows between Ghana and China, as part of efforts to support businesses operating across …
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Banks in Ghana recorded GH¢15.0 billion profit for the year 2025 compared to GH¢10.4 billion in 2024. According to the Banking Sector Developments report, this was a 43.5% growth compared …
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The Chief Executive of the National Petroleum Authority (NPA), Godwin Edudzi Tamakloe Esq., has appealed to local Oil Marketing Companies (OMCs), to be future and growth-ready, by listing on the …
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China–Ghana trade reached a new record high of US$14.1 billion in 2025, representing a 19.3 percent year‑on‑year increase, officials disclosed at the Chinese Embassy’s Lantern Festival Gala in Accra on …
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EnergyInvestmentsOil & GasProcessingProduction
Tema Oil Refinery resumes crude processing after seven years
President John Dramani Mahama has announced that the Tema Oil Refinery (TOR) has resumed crude oil processing for the first time since 2018, following the completion of extensive turnaround maintenance. …
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EnergyNationalOil & GasProduction
Ghana secures US$3.5bn upstream investment commitments to boost oil and gas production
President John Dramani Mahama says Ghana has signed major upstream investment agreements expected to reverse declining crude oil production and strengthen domestic gas supply. In his address to Parliament, the …
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President John Dramani Mahama says government has intensified investment in renewable energy, with new solar, mini-grid and off-grid projects aimed at expanding access to reliable power. Reporting to Parliament, the …
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ExtractivesInternational NewsOil & GasTop Story
Oil markets brace for volatility as U.S.-Israel launch strikes across Iran
Global energy markets are set to see significant volatility following a United States-Israel coordinated wave of military strikes across Iran early this morning. The attack, which targeted multiple cities including …
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InvestmentsNationalPowerTop Story
President announces major ECG reforms to curb losses, improve revenue
President John Dramani Mahama says Cabinet has approved a new concession model to introduce private-sector participation in electricity distribution to curb losses at the Electricity Company of Ghana (ECG). Addressing …
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EnergyInvestmentsOil & Gas
Gov’t clears legacy debts, restores US$500m World Bank Guarantee — President Mahama
President John Dramani Mahama says the government has fully restored the US$500 million World Bank Partial Risk Guarantee (PRG) that had been exhausted, marking a major turnaround in the energy …
