Engineers & Planners (E&P) Company Limited has paid $100 million to the previous owners of Azumah Resources Ghana Ltd to bring closure to the Black Volta Gold mining transaction in the Upper West Region. In July, this year, E&P and the ECOWAS Bank for Investment and Development (EBID) signed a $100 million Acquisition Facility Agreement […]
Engineers & Planners (E&P) Co. Ltd. has fiercely defended its $100 million acquisition of the Azumah gold concession in the Upper West Region, declaring it a landmark commercial deal and rejecting any attempts to politicise the transaction. The company issued a detailed statement stressing that the purchase was initiated long before the 2024 elections and […]
A high-stakes mining dispute between Engineers & Planners (E&P), the construction firm owned by Ibrahim Mahama, and Azumah Resources, a gold developer backed by global private equity, has exploded into an international legal showdown. The battle, now before the International Chamber of Commerce (ICC), has escalated into claims and counterclaims exceeding $100 million. At the […]
Vice President of IMANI Africa, Bright Simons, has entered an appearance in the high-profile GH¢10 million defamation lawsuit filed against him by businessman Ibrahim Mahama at the Accra High Court, setting the scene for a real battle. In a strategic legal manoeuvre, Mr Simons has filed a comprehensive motion demanding that Mr Mahama and his […]
