Samuel has been a cocoa farmer for 12 years. Since the end of the Akuafo cheque system, he had always been paid in cash for his cocoa, until last season. That was when the licensed buying company (LBC) that he sells to introduced a new system for purchasing cocoa....
Genser Energy on Wednesday announced that it has successfully achieved financial close for an eight-year USD425m funding package. The funds, which comprise a syndicated senior loan facility of USD325m and a USD100m mezzanine loan facility, will be used to refinance existing debt and finance the next phase of expansion projects...
Leading oil and gas marketing company in Ghana, So Energy Limited, has reiterated its commitment to giving more customers access to top-notch customer experience through strategic retail expansion and exceptional fuel solutions. A Sahara Group Company, So Energy currently has 12 branded retail outlets, widely acclaimed for their imposing designs,...
A protocol that will ensure that the country protects the intellectual property of its genetic resources and reduce the risk of bio-piracy has been adopted by Parliament. Bio-piracy is the creation of biological products from native species without consent or compensation to the country of origon. According to a report of...
will acquire additional 2D seismic data in 2023 As part of its exploration efforts, Ghana National Petroleum Corporation (GNPC) has acquired and processed over 3,800-Iine km of 2D seismic data from Phase 1 to 3 of the Voltaian Basin Project, the Chief Executive Officer (CEO) of GNPC, Opoku-Ahweneeh Danquah,...
The National Petroleum Authority (NPA) will start full implementation of the Cylinder Recirculation Model (CRM) in September this year, the Authority’s deputy Chief Executive Officer, Perry Curtis Kwabla Okudzeto, has said. The CRM aims to ensure that by 2030, 50 percent of Ghanaians have access to safe, clean and environmentally...
as oil & gas players honoured at 8th GOGA Increasing refinery capacities and deepening intra-Africa trade for oil and petrochemical products are two key measures for creating wealth for now and the future of the continent, Deputy Minister of Energy, Dr. Mohammed Amin Adam, has said. He said, in efforts...
  Cocoa farmers in Ghana are improving yields and mitigating climate change by adopting climate-smart cocoa practices while curbing deforestation. Ghana has earned US$4.8million for reducing nearly 1 million tonnes of carbon emissions caused by deforestation and forest degradation - with up to US$45million expected by the end of...
George Mensah Okley, an energy expert, who, until a year ago, was the Managing Director of the Bulk Oil Storage and Transportation (BOST) company, has been confirmed dead earlier today. Very reliable sources in executive management position at the company and its Senior Staff Association, confirmed to the B&FT that...
Cocoa Abrabopa Association (CAA), a farmer-based organisation, has held its12th annual general meeting in Kumasi, Ashanti Region, with a call on government and COCOBOD to strengthen productivity enhancement programmes. It urged COCOBOD, the industry’s regulator, to ensure timely release and distribution of subsidised inputs to farmers while initiating a more...