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Tag: AfreximBank

Only two countries in Africa do not import oil – Dangote

Africa, News June 20, 2023 Kennedy Mornah 0 Comments

There are 54 countries in Africa. More than 20 produce oil, and five of these countries are part of the world’s 30 oil-producing countries. However, only two countries in Africa do not import oil. In 2019 Africa accounted for more than 7.9 million barrels per day, which is about 9.6 per cent of global output. […]

Cassiel Forson, John Kumah in war of words over $750m Afreximbank loan

Local, News August 31, 2022 Kennedy Mornah 0 Comments

A Deputy Minister of Finance, Dr John Ampontuah Kumah has assured that the government on Monday (August 29, 2022), received the full loan amount of $750 million from the African Export-Import Bank (Afreximbank) but $37 million from the facility was set aside for debt service obligations. His comments come after the ranking member on the […]

Major breakthrough for AfCFTA; Agreement reached on 88% tradeable products

Africa, News January 31, 2022 Kennedy Mornah 0 Comments

The African Continental Free Trade Area (AfCFTA) agreement has made a major breakthrough, as its Council of Ministers has now agreed on a criteria to determine the origin of 88 per cent of all products on the tariff books across the continent. Technically known as the Rules of Origin, it is the level of value […]

Even More News

Wilful loan defaulters face 5-year credit ban under new BoG rules

August 14, 2025

Wilful loan defaulters could soon face a five-year ban from accessing credit from any regulated financial institution in Ghana. The new Bank of Ghana (BoG) directive also requires commercial banks and other regulated lenders to publish the names of such defaulters twice a year, on June 30 and December 31, in at least two national […]

Total Pension Fund assets hit GH¢86bn in 2024

Domestic Gold Purchase Programme: BoG’s reserves increased by 100% within 5 years

Ghana’s inflation drops to 12.1% in July, lowest since 2021

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  • Sylvester Stallone among Kennedy Center honourees announced by Trump
  • Wilful loan defaulters face 5-year credit ban under new BoG rules
  • U.S. report flags Ghana’s ‘recurring disregard’ for constitutional protection
  • Hours before his death, Dr Omane Boamah shared Akwatia by-election strategy – Tanko-Computer
  • Justice Yaw Oppong to step down as Director for Legal Education at Ghana School of Law

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