Monday, February 6

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Encourage China to support our debt restructuring efforts- President to Germany
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Encourage China to support our debt restructuring efforts- President to Germany

President Nana Addo Dankwa Akufo-Addo Friday urged Germany to “encourage” China, an ad hoc member of the Paris Club, to support Ghana’s debt restructuring efforts. He said with it was critical that the Paris Club swiftly establishes, with the participation of other official creditors, a creditors committee, to support the efforts that would enable Ghana to restore economic growth. The President made the call when the visiting German Finance Minister, Christian Lindner called on him at the Jubilee House, Accra. Linden, who was at the head of a delegation from his country, held bilateral talks with the President aimed at boosting relations and economic ties between the two nations. President Akufo-Addo told the minister that the main concern for his government was to conclude ne...
Ghana Gas signs agreement for US$700 million second gas processing plant
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Ghana Gas signs agreement for US$700 million second gas processing plant

The Ghana National Gas Company on Friday signed a project implementation agreement with its joint venture partners to construct a second gas processing plant (GPP Train 2) at an estimated cost of US$700 million. The plant, to be sited at Atuabo in the Ellembele District of the Western Region, is expected to be completed within 24 months. It would generate 1,500 direct and indirect jobs within the Atuabo power enclave. At the signing ceremony in Accra, Dr Benjamin K. D. Asante, the Chief Executive Officer (CEO) of the Ghana National Gas Company (GNGC), signed for  Ghana Gas, while Dr Hilton John Mitchell, a representative of the Consortium, comprising the Integrated Logistics Bureau Limited, Jonmoore International, Phoenix Park Limited and African Finance Corporation, sig...