OPEC Sticks to Robust Oil Demand Outlook, Sees No Peak Ahead

Els: MBN360 Extractives/Energy The Organization of the Petroleum Exporting Countries (OPEC) has maintained its long-term outlook for robust global oil demand, saying it sees no peak in consumption through 2050 despite accelerating renewable energy deployment and more conservative forecasts from the International Energy Agency (IEA). In its 2026 World Oil Outlook, released on Thursday, the […]

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Civil Society Backs Proposals Entrenching Vital Public Trust Doctrines

Els: MBN360 Extractives/Energy Acoalition of 22 civil society organisations (CSOs) operating within Ghana’s environment, natural resources, and governance sectors has formally endorsed the landmark recommendations made by the Constitution Review Committee (CRC) aimed at reforming the country’s resource governance landscape. The unified front, convening under the Citizens’ Platform on Constitutional Reform (CPCR), represents an essential […]

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Local Content Contracting Policies Risk Slashing State Tax Revenue Streams – GMWU

Els: MBN360 Extractives/Energy The Ghana Mine Workers Union (GMWU) has urged the government to halt its current directive forcing owner-mining companies to transition their operations to local contractors, cautioning that the policy could drastically reduce state tax revenues and dismantle established worker welfare standards. The labor group firmly asserts that while accelerating indigenous participation in […]

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NEDCo unveils digital billing revolution to eliminate delays and improve accuracy

Els: MBN360 Business The Northern Electricity Distribution Company (NEDCo) has unveiled a far-reaching digital transformation of its billing system, marking a decisive shift aimed at eliminating long-standing inefficiencies, restoring customer confidence, and modernising power distribution services across Ghana. The initiative dubbed the NEDCo Customer Audit and Electronic Billing Project will replace the company’s traditional paper-based […]

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BoG assets hit GH¢321.4bn on higher gold reserves and foreign investments

Els: MBN360 Business The latest Monthly Statistical Bulletin for March 2026 of the Bank of Ghana (BoG) has recorded a significant increase in its total assets, which rose to GH¢321.38 billion in March 2026, driven by stronger foreign asset holdings, higher gold reserves and increased investments in foreign securities. According to the Bank’s latest Monthly Statistical Bulletin, […]

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Gov’t’s ¢300m Grain Fund signals new era for food security – NAFCO boss

Els: MBN360 Economy  The CEO of the National Food Buffer Stock Company (NAFCO), George Abradu-Otoo, says government’s decision to commit ¢300 million towards building a national grain reserve marks the beginning of a new era for food security in Ghana. Speaking on JoyNews’ PM Express Business Edition on Thursday, he described the intervention as unprecedented and a […]

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GSE Composite Index Hits New Heights

Els: MBN360 Securities/Markets The Ghana Stock Exchange (GSE) delivered another impressive performance as its benchmark Composite Index surged by 102.52 points to close at 14,708.07 points, reinforcing investor confidence and extending one of the market’s strongest rallies in recent years. The latest trading session painted a fascinating picture of Ghana’s capital market. While trading activity […]

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GHIB, AfDB Strike Landmark Trade Finance Deal

Els: MBN360 BANKING hana International Bank Plc (GHIB) has taken a major step toward strengthening trade and investment flows across Africa after signing a landmark Confirming Bank Agreement with the African Development Bank Group (AfDB) under its Transaction Guarantee Instrument. The agreement is being hailed as a significant breakthrough for trade finance on the continent, […]

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Bourbon Secures Jubilee Subsea Services Contract

Els:MBN360 Extractives/Energy ffshore services company Bourbon has secured a new contract to provide subsea support operations on Ghana’s Jubilee Field, reinforcing operational activities on one of the country’s most important offshore oil assets as drilling and production work gathers pace. The contract will see Bourbon deploy its Multi-Purpose Support Vessel (MPSV), Bourbon Evolution 802, to undertake […]

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Gomoa SEZ Signs 270MW Solar Power Deal With AKA Energy

Els: MBN360 Extractives/Energy The Gomoa Special Economic Zone has signed a Memorandum of Understanding with Canada-based AKA Energy Systems for the development and operation of a proposed 270MW solar power facility, marking a decisive move to place affordable and reliable energy at the centre of its industrialisation strategy. The agreement, which followed the earlier submission […]

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