Author: Leo Nelson
By Nelson Ayivor Government has paid GH¢10 billion in interest under the Domestic Debt Exchange Programme (DDEP), marking a major milestone in the country’s fiscal consolidation efforts. The payment, announced in a statement on Wednesday, is the sixth coupon settlement under the programme and the second made entirely in cash, with no Payment-In-Kind component. The full cash settlement covers cedi-denominated DDEP coupon obligations, in line with the restructuring memorandum and the Government’s broader debt management strategy. Officials say the move demonstrates strengthened fiscal capacity and solvency, reassuring both domestic and international investors. “This timely payment sends a strong positive signal…
By Nelson Ayivor Co-founder of Sunon Asogli Power, Togbe Afede XIV, has outlined an ambitious expansion plan by the power producer, aimed at positioning Ghana as a major power exporter within the sub-region.Speaking at the 2026 Sunon Asogli Chinese New Year celebration held at Kpone on Monday, February 16, to mark the Spring Festival and the Year of the Horse, Togbe Afede revealed that in addition to the 560 megawatts currently supplied to the national grid, the company is pursuing significant renewable and thermal projects to expand generation capacity. “The vision that was planted in my mind in 2006 is…
By Nelson Ayivor Vice President Prof. Naana Jane Opoku-Agyemang has reaffirmed the strategic value of Ghana–China cooperation in strengthening the country’s energy security, highlighting the critical role of the Sunon Asogli Power Ltd. in stabilising electricity supply during difficult periods. Speaking at the 2026 Sunon Asogli Chinese New Year celebration held at Kpone on Monday, February 16, to mark the Spring Festival and the Year of the Horse, the Vice President said Ghana remains deeply appreciative of the contribution of the Sunon Asogli Thermal Power Station to the national grid, particularly at times when the country faced power constraints.She stressed…
By Nelson Ayivor Following the recent terrorist attack in northern Burkina Faso that resulted in the deaths of eight Ghanaian traders, the Vegetable Producers and Exporters Association of Ghana (VEPEAG) has pledged to intensify local tomato production to help mitigate the risks and challenges faced by traders who travel abroad to source tomatoes for Ghana’s market. VEPEAG emphasised that a robust local supply chain is essential for ensuring both reliability and safety in tomato distribution. In a statement released on Tuesday, February 17, and signed by Dr Felix Kamassah, VEPEAG president, the association urged the government to upgrade and expand…
President John Dramani Mahama says Ghana will invest $500 million to develop 100,000 hectares of oil palm and create 250,000 direct jobs, as his administration moves to position tree crops as a central pillar of the country’s “reset” agenda and broader green economy strategy. Speaking at the inaugural Ghana Tree Crops Investment Summit in Accra, Mahama also announced the relaunch and acceleration of the $200 million World Bank-supported Ghana Tree Crop Diversification Project, which will distribute millions of seedlings to farmers and provide matching grants to small and medium-sized enterprises. The summit is being held under the theme: “Sustainable Growth…
By Nelson Ayivor Following the government’s landmark declaration of every Wednesday as National Fugu Day, the state has moved swiftly to transition this cultural milestone into a robust industrial engine. The Minister for Trade, Agribusiness and Industry, Elizabeth Ofosu-Adjare, and the Minister for Tourism, Culture and Creative Arts, Abla Dzifa Gomashie, recently convened an emergency session with smock producers and dealers. “The objective was to ensure that the surge in domestic demand triggered by the February 10 declaration is backed by a resilient supply chain that can move the Fugu from a ceremonial garment to a global export staple.” The…
By Nelson Ayivor Ghana’s economy may be regaining its footing after a turbulent period, but fresh warnings from PricewaterhouseCoopers (PwC) indicate that the country’s resilience could face a stern test in this year 2026. In its 2026 West Africa Economic Outlook, PwC cautioned that while macroeconomic stability improved significantly in 2025, Ghana remains vulnerable to global financial tightening, commodity price swings and climate-related shocks. According to the report, “inflation, foreign exchange and fiscal balances improved markedly in 2025, but Ghana remains exposed to commodity price volatility, climate shocks, and global financial tightening.” This assessment highlights the delicate balance policymakers must…
By Nelson Ayivor Ghana’s President, John Dramani Mahama has commissioned a new Chancery for the Embassy in Addis Ababa, marking a significant milestone in the country’s diplomatic engagement with Africa and the wider international community. The commissioning ceremony underscores Ghana’s enduring commitment to multilateralism, African unity, and strengthened bilateral relations with the Federal Democratic Republic of Ethiopia. The new Chancery, located in Addis Ababa, stands as more than a functional diplomatic facility. According to the Minister for Foreign Affairs, Hon. Samuel Okudzeto Ablakwa, the building is a visible affirmation of Ghana’s belief in collective African progress and its firm alignment…
By Nelson Ayivor The Ketu South Municipal Assembly has unveiled an ambitious plan to expand fish farming activities across its lagoons and wetlands, positioning aquaculture as a key driver of job creation, food security and local economic growth. The initiative will harness the vast potential of the coastal lagoons and marshlands that stretch across communities such as Aflao, Adina and Agbozume, transforming underutilised water bodies into productive aquaculture hubs. Speaking at a stakeholder engagement, the Municipal Chief Executive, Nicholas Kwabla Worclachie noted that Ketu South’s unique coastal geography presents a natural advantage for lagoon-based fish farming. “Our lagoons and wetlands…
By Nelson Ayivor The Dzodze Ghana Mission Hospital has commemorated this year’s World Day of the Sick with renewed commitment to compassionate healthcare delivery. The event, held on the hospital premises, brought together patients, health professionals, clergy, traditional leaders and members of the public to reflect on the importance of caring for the sick and vulnerable in society. World Day of the Sick is observed annually on February 11, a day instituted by Pope John Paul II in 1992 to encourage prayers and solidarity with the sick and those who care for them. Compassion at the Centre of Care Administrator…
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