Ghana Signs $4bn MoU With Chinese Company
The government of Ghana has signed a memorandum of understanding with Sinohydro Corporation Limited for the execution of a number of key projects across the country. Among others, the Chinese...
Tag: China Development Bank
View Chinese Aid With ‘cautious Optimism’
The Director of the Integrated Social Development Centre (ISODEDC), Dr. Steve Manteaw wants Ghana to be “cautiously optimistic” with China’s intention to commit to $15 billion into Ghana’s...
China To Release Remainder of CDB $3bn Loan
Vice President, Dr. Mahamadu Bawumia, has revealed that the Chinese government will release the remainder of the $3 billion China Development Bank (CDB) loan it withheld. Dr. Bawumia was addressing...
Dr. Bawumia Secures $15bn From China To Boost Ghana’s Economy
Vice President expresses optimism over 15 billion dollars Chinese partnership agreement aimed at transforming the country’s infrastructure Vice President Dr. Mahamudu Bawumia has expressed optimism...
Bawumia Visits China
Vice President, Dr. Mahamudu Bawumia, is in China for a four-day official visit. This is the first visit by a high level government official to China since the New Patriotic Party (NPP) took office...
Bawumia Leaves For China
The Vice President of the Republic, Dr Mahamudu Bawumia, left Accra on Monday June 19 for a four-day official visit to the People’s Republic of China. The visit is at the invitation of the Chinese...
Ghana To Foster Stronger Ties With China – Finance Minister
The Minister of Finance has hinted of the new government’s commitment, to develop better relationship with the Chinese, which is aimed at developing a robust economy. In view of this, the...
Government To Realign Expenditure To Target Job Creation
Finance Minister, Mr Ken Ofori-Atta says the government will realign public expenditure to suit the one district, one factory (ODOF) programme to kick-start moves to create jobs. He said even though...
$1bn China Development Bank Loan Can’t Be Paid?
The Public Interest and Accountability Committee (PIAC) has expressed doubts about the ability of the Ghana National Gas Company (GNGC) to commence the scheduled amortisation of the approximately...
US$398m Tema-Akosombo Rail Facility Approved
Government’s efforts at building an integrated intermodal system of transport to ease the pressure on the country’s busiest seaport as well as push up the gains from the maritime logistics...
Great Expectations Over Belt And Road Initiative
We live in a world of increasing interdependency and complexity, where international cooperation is necessary, however increasingly multifaceted and complicated. Global challenges such as climate...
Terkper Hunts For US$2bn From China
The government has revived talks with the China Development Bank (CDB) for the remainder of the almost US$2 billion loan facility it abandoned in 2014. The government suspended discussions with the...
Govt’s Intention To Mortgage Gas Reserve Not Ideal
Energy expert, Kojo Poku says government’s intention to mortgage Ghana’s gas reserve with China for a Chinese loan is unjustifiable. The New Patriotic Party in a press conference earlier this...
Govt’s Intention To Mortgage Gas Reserve Not Ideal – Energy Expert
Energy expert, Kojo Poku says government’s intention to mortgage Ghana’s gas reserve with China for a Chinese loan is unjustifiable. The New Patriotic Party in a press conference earlier this...
NPP, NDC ‘clash’ Over Dumsor
Two contenders of the December elections, the ruling National Democratic Congress (NDC) and the New Patriotic Party (NPP) have clashed over the claims of the latter that the government will lead the...
Petroleum Ministry Rubbishes NPP’s Claims Ghana’s Gas ‘given’ To China
The New Patriotic Party alleged that President Mahama has committed Ghana to supplying all the Natural Gas Liquids (NGLs) to be processed by the Ghana Gas processing plant at Atuabo from 2018,...
Govt’s Deal To Transport Gas To China Unrealistic – ACEP
The Africa Centre for Energy Policy (ACEP) says government’s deal with the Chinese government to export gas to China is not feasible. Finance Minister, Seth Terkper has confirmed the New Patriotic...
We’ll Mortgage Ghana’s Gas To China – Terkper
The Minister of Finance, Seth Terkper, has confirmed the New Patriotic Party’s (NPP) claims that government intends to offer gas from one of the country’s gas fields to China for a loan from...
Government To Strictly Enforce Fisheries Law
President John Mahama says the laws that regulate the fisheries sector will henceforth be strictly enforced. He believes this will position the sector to significantly contribute to the economy....
Businesses Are Disintegrating – IMANI
A policy think-tank, IMANI Center for Policy and Education, has raised concerns about the rate at which businesses in the country are disintegrating due to government’s inability to put the right...