The United States has completed the withdrawal of its military personnel from Niger, finishing the process ahead of the mid-September deadline set by the country’s ruling junta. Following the earlier exit from Air Base 101 in the capital of Niamey, the final phase concluded with the turnover of Air Base 201 near Agadez on August 5, 2024. This $100 million …
Read More »UN Predicts 82 Million Nigerians May Face Hunger by 2030
The United Nations has issued a grave warning that approximately 82 million Nigerians – about 64% of the country’s population – could face severe hunger by 2030. This projection comes as Nigeria grapples with a deepening food crisis fueled by record-high inflation, climate change, and persistent insecurity. According to data from the National Bureau of Statistics (NBS), food inflation in …
Read More »Mauritanian Coast Guard Recovers 89 Bodies After Migrant Vessel Capsizes
Mauritanian coastguards have recovered the bodies of 89 migrants after their boat capsized in the Atlantic Ocean on Monday. While nine individuals, including a five-year-old girl, were successfully rescued, dozens of others remain missing. According to survivor accounts, the traditional fishing vessel departed from the border region between Senegal and The Gambia last week with approximately 170 people on board …
Read More »Asantehene allocates 200 acres to State Housing Company to address housing deficit
The Asantehene, Otumfuo Osei Tutu II, has donated 200 acres of land at Dedesua in the Ashanti Region to the State Housing Company (SHC) to support the development of affordable housing. This significant contribution highlights the critical role of partnership between traditional leaders and state institutions in addressing Ghana’s housing deficit. The land will serve as the foundation for a …
Read More »Dr. Kwesi Nduom Petitions Bank of Ghana to Restore GN Bank License
Dr. Kwesi Nduom, the owner of the defunct GN Bank, has directed a formal appeal to the Governor of the Bank of Ghana, Dr. Ernest Addison, seeking the reinstatement of the bank’s operating license. Dr. Nduom contends that the 2019 revocation, which the Central Bank justified by citing insolvency and regulatory breaches, was based on an inaccurate assessment of the …
Read More »Ghana’s Economy Expands by 4.7% in Q1 2024 Driven by Industrial Growth
According to data released by the Ghana Statistical Service, the national economy achieved a year-on-year growth rate of 4.7 percent during the first quarter of 2024, an improvement over the 3.8 percent expansion recorded in the corresponding period of the previous year. This performance was largely propelled by a significant surge in the industrial sector, which grew by 6.8 percent, …
Read More »Cocoa Revenue Drops by $500M Amid Galamsey and Climate Pressures
A combination of illegal mining, adverse climate conditions, crop disease, and extensive smuggling has led to a major reduction in Ghana’s cocoa revenue for the early part of 2024. Fiifi Boafo, the Head of Public Affairs at COCOBOD, noted that these factors resulted in a revenue drop exceeding $500 million according to Bank of Ghana data. A primary concern is …
Read More »Teacher dies by suspected suicide after reportedly losing money in Aviator
Kevin Omwenga, a Chemistry and Mathematics teacher at Nyamira Boys High School in Kenya, was found dead in his home in an apparent suicide. According to Area Assistant Chief Johnson Manyara, Omwenga’s colleagues reported that the educator was struggling with significant debt totaling approximately Ksh50,000 ($380). Much of this debt was reportedly incurred after he borrowed money from fellow teachers …
Read More »Dozens Killed in Israeli Air Strike on UN Shelter in Central Gaza
An Israeli air strike on the al-Sardi school, a UN-run facility in the Nuseirat refugee camp, has killed at least 35 to 40 people, according to local health officials and UNRWA. The school was housing hundreds of displaced Palestinians who had fled fighting in other parts of the territory. Witnesses described a scene of devastation in the early hours of …
Read More »30 passengers injured after ‘strong turbulence’ forces Air Europa plane to land in Brazil
Thirty passengers were injured after a flight from Madrid to Uruguay was hit by “strong turbulence” and had to make an emergency landing in Brazil, Spanish airline Air Europa said on Monday. “Our flight UX045 bound for Montevideo has been diverted to the Natal airport (in Brazil) due to strong turbulence,” Air Europa said in a post on X. “The …
Read More »LPG Marketers Applaud Move to Open Competitive Bidding for Gas Imports
The Liquefied Petroleum Gas (LPG) Marketers Association of Ghana has formally endorsed the National Petroleum Authority’s (NPA) decision to transition to an Open Competitive Tender system for LPG imports. Under this new framework, the procurement of gas will move away from previous methods in favor of a transparent bidding process designed to drive down costs. The Association believes that by …
Read More »Ghana and UK Sign Strategic Agreements to Boost Automotive and Green Technology
During the ninth UK-Ghana Business Council (UKGBC) meeting in Accra, Ghana solidified its economic partnership with the United Kingdom by signing two pivotal Memoranda of Understanding (MoUs). Co-chaired by Vice President Dr. Mahamudu Bawumia and the UK’s Minister of State for Development and Africa, Rt Hon. Andrew Mitchell, the agreements focus on specialized skills, knowledge, and technology transfer within the …
Read More »GRA Targets Receiver of Defunct Banks Over GHȼ91 Million in Unpaid Taxes
The Ghana Revenue Authority (GRA) has officially petitioned the receiver of several defunct financial institutions to recover approximately GHȼ91 million in outstanding taxes. This disclosure was made by Mr. Edward Apenteng Gyamerah, the Commissioner in charge of the Domestic Tax and Revenue Division, during a hearing before the Public Accounts Committee (PAC) on Monday. The funds represent tax obligations that …
Read More »Akufo-Addo to commission 97 kilometre railway line in March
President Nana Akufo-Addo will be commissioning the 97 kilometre railway line from Tema to Mpakadan by March 2024 when the newly acquired trains arrive in the country. According to the Ghana Railway Development Authority, the two new coaches will be used purposely as passenger trains to aid transportation from the port of Tema to the northern parts of the country and the …
Read More »Witness Alleges Gunpoint Confrontation in Ongoing NAM1 Fraud Trial
During the criminal trial of Nana Appiah Mensah, also known as NAM1, a fifth prosecution witness testified that the accused assaulted and threatened her with a firearm when she attempted to retrieve her GH¢760,000 investment. Priscilla Adu-Boateng, a single mother of four, recounted a January 2020 incident where she and other disgruntled Menzgold clients visited the accused’s residence at Trassaco …
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