….as group launches cocoa advocacy initiative  The Ghana Agricultural and Rural Development Journalists Association (GARDJA) has at the launch of its new cocoa advocacy initiative trumpeted the urgent need for Ghana Cocoa Board to with immediate effect operationalise a welfare fund to support cocoa farmers. The National President of GARDJA, Richmond...
Angola, Africa’s second-largest oil producer after Nigeria, will need foreign and government investments to discover up to 57 billion barrels of crude oil by 2025, according to a new energy strategy reported by state news agency ANGOP. Angola’s plan includes foreign investment of US$679 million as well as US$188 million investment by...
Since we issued our statement on Wednesday, 26 August 2020 on the Agyapa transaction, we have received messages from many different quarters, whether of commendation or respectful disagreement.   We feel compelled to offer some elaboration and clarification in respect of the matters we raised and, in some respects, draw...
… provides additional income at almost no cost Finance Minister Ken Ofori-Atta has said that the country has been transparent and forward-thinking in the setting up of the Agyapa Royalties deal which would be Africa’s first Gold Royalty Company which would ensure that the country does not only benefit from mining operation...
Managing Director of Cocoa Merchants Ghana Limited (CML), Alhaji Abdul Fataa Adamu, has said efforts to ensure production of good quality cocoa beans while improving the livelihoods of farmers, through cocoa certification is significantly contributing to achieving cocoa production sustainability. He observed that the “firm agreement made by top cocoa...
We have each been involved in the Ghana mining sector for almost four decades, including participating in critical reforms of its regulatory regime. We are gravely concerned about the transaction by which 75.6% of royalties payable to government over the life of a number of mining operations are being...
Though government is yet to list Agyapa Royalties Limited shares on the Ghana and London stock exchanges, local and foreign investors have expressed keen interest in investing in this novel gold royalties-backed business, Deputy Minister for Finance, Charles Adu Boahen has said. Mr. Adu Boahen, briefing the B&FT said: “Though...
The world’s two largest cocoa producers, Ivory Coast and Ghana have created a joint body to improve coordination in research, price setting and the fight against child labour, the Ivorian government said on Thursday. The two countries, which produce around 60% of the world’s cocoa, have coordinated on some of...
The newly elected General Secretary of the Ghana Mineworkers’ Union of TUC, Abdul-Moomin Gbana, addressed the mid-year National Executive Council meeting last weekend in Sunyani, capital of the Bono Region, and commended government for its bold response to the COVID-19 pandemic. He noted that the pandemic outbreak has not been...
The Public Interest and Accountability Committee (PIAC) wants the country to move from investing petroleum funds in only low-risk Instruments to a mixture of both high and low. This, along with diversifying place of investment - mostly the USA market, PIAC's Technical Manager Mark Agyeman argues, will offer maximum returns...