The Ghanaian government is ramping up its efforts to fight illegal mining, commonly known as galamsey, with a series of bold new measures announced by Mr. Ofosu Kwakye, the Minister of State in charge of Government Communications. In response to the persistent problem where miners return to work once enforcement teams leave, Mr. Kwakye shared that the...
Finance ministers from five African countries hailed the county’s pioneering GOLDBOD model as a benchmark for resource-led development across the continent. The meeting, held on the sidelines of the 2025 IMF–World Bank Annual Meetings in Washington commended Ghana’s approach to natural resource governance. The high-level meeting in brought together Finance Ministers from Ghana, Liberia, Sierra...
Engineers & Planners (E&P) has completed the full payment of $100 million to the former foreign shareholders of Azumah Resources Ghana Ltd, officially concluding its acquisition of the Black Volta and Sankofa gold concessions. The payments were made via two international transfers processed through the ECOWAS Bank for Investment and Development (EBID) in Lomé on...