Mr. Boakye Agyarko, the Minister of Energy, says government has signed an oil exploration contract with the ExxonMobil Company to explore for oil in the Deeperwater Cape Three Points Oilfield because it has the capacity to deliver. He said government’s policy for the upstream oil industry is to undertake aggressive...
 Earmarks US$20m to build a Corporate Head Office -US$10m to build Operational Head Office in Takoradi -NDC MPs raise alarm; caution the decision to borrow to fund those projects   A majority voice vote, on the floor of Parliament, Thursday, was enough to ensure the safe approval of the 2018 program of activities...
Senior Minister, Yaw Osafo-Maafo, has said the time is ripe for Ghana and Cote d’Ivoire to develop strategies that will bring new life to the cocoa value chain and improve wellbeing of farmers. “At the economic management level, we are looking at a possible insurance system for our farmers. We...
As part of its sustainability efforts focused on the environment, Vivo Energy Ghana, the company that markets and distributes Shell branded fuels and lubricants has entered into partnership with Environment 360, a Non-Governmental Organisation to roll-out a comprehensive recycling programme dubbed CyClean targeted at basic schools in the James...
U.S. cocoa futures have rallied more than 30 percent in 2018 so far, sharply outperforming other core U.S. commodities on signs of improving demand and forecasts for a smaller global surplus. Benchmark ICE Futures U.S. New York cocoa futures have rallied around 34 percent since the end of 2017 to...
Chief Executive Officer of Ghana Cocoa Board (Cocobod), Joseph Boahen Aidoo, has assured lenders that the company is on course to meet its financial obligations in respect of the US$1.3billion syndicated loan, in spite of a dwindling crop harvest caused by dry weather and plant disease. “We have shown over the...
Chairman of Africa Business Media Dr. Yaw Akoto has said that Ghana is likely to attract more interest from international oil companies (IOCs) owing to recent developments in the upstream petroleum sector. “Recently, government signed an exploration contract with the world’s largest oil and gas company, Exxonmobil Corp, to explore...
Cocoa Abrabopa Association (CAA) is one of the leading farmer-based organizations in Ghana that has been established to promote the socio-economic wellbeing of smallholder cocoa farmers. The association was established in partnership with African Tiger Holding Ltd (ATHL) to sponsor the establishment of a contributory pension scheme within the...
President Nana Addo Dankwa Akufo-Addo has said Ghana is seeking to derive more value from its bauxite resources by expanding the country’s processing capacity of the resource. Speaking at the 61st Independence Day celebration in Accra, President Nana Addo said government will finalise details of an infrastructure programme before end...
Introduction Cocoa Abrabopa Association (CAA) is one of the leading farmer-based organizations in Ghana that has been established to promote the socio-economic well-being of smallholder cocoa farmers. The association was established in partnership with African Tiger Holding Ltd (ATHL) to sponsor the establishment of a contributory pension scheme within...