The Business & Financial Times
PHDC signs US$28bn deal for Jomoro petroleum hub
News

PHDC signs US$28bn deal for Jomoro petroleum hub

Kingsley Webora TANKEH
Published October 21, 20263 min read

The Petroleum Hub Development Corporation (PHDC) has signed a US$28billion investment agreement with an international consortium led by Global Sphere to develop the second lot of Ghana’s petroleum and petrochemical hub project at Jomoro in Western Region, with construction expected to begin first quarter-2027.

Published by Juliet Etefe
33 views

Comment guidelines

Please keep comments respectful. Use plain English for our global readership and avoid using phrasing that could be misinterpreted as offensive. By commenting, you agree to abide by our community guidelines and these terms and conditions. We encourage you to report inappropriate comments.

All Comments0

No comments yet. Be the first to share your thoughts.

Related Coverage: News

Activa delivered over GH₵4.7m paid in flood claims as at Oct
News

Activa delivered over GH₵4.7m paid in flood claims as at Oct

Following the heavy rains and widespread flooding experienced in Accra and several other parts of Ghana during the 2026 rainy season, Activa International Insurance Ghana demonstrated its commitment to standing by customers when disaster struck.

DDC26 closes with focus on sustainable creative businesses
News

DDC26 closes with focus on sustainable creative businesses

The dEX Ghana Foundation will dedicate the final day of the seventh dEX Design Conference (DDC26) to exploring the business of design, bringing creative professionals and businesses together to address issues of pricing, contracts and sustainable careers in the creative industry.

The US–China–Africa trade triangle: A closer look!
News

The US–China–Africa trade triangle: A closer look!

Sub-Saharan Africa sells approximately $33.7 billion of goods to the United States each year. China sells roughly nine times that. The gap tells a story about trade hierarchies that no African strategy has yet managed to close.