Tag: Ghanas

Ghana’s ECG cuts electricity to parliament over $1.8m debt

The state-run Electricity Company of Ghana (ECG) on Thursday cut power supplies to the parliament over a debt of 23m Ghanaian cedi ($1.8m; £1.4m). The outage interrupted a debate on the president’s State of the Nation speech. A video shared by local media showed MPs in the dimly lit chamber chanting: “Dumsor, dumsor”, which means […]

Ghana’s Outgoing Leader Aims to Draw Line Under Debt Crisis

(Bloomberg) — Ghana’s outgoing president, Nana Akufo-Addo, is trying to close the chapter on the country’s debt crisis as his deputy and favored successor gears up to contest Dec. 7 elections. Most Read from Bloomberg The West African nation is reworking its debt in line with the conditions of a $3 billion bailout it got […]

Ghana’s LNG Project on Target for Year-End Completion: Regulator

(Bloomberg) — Ghana’s top oil regulator expects the country’s long-delayed natural gas-import terminal to be completed by the end of the year, despite numerous setbacks. Most Read from Bloomberg The pipeline-and-storage network that will receive liquefied gas deliveries is under construction and due to be completed before the end of the year, Mustapha Abdul-Hamid, chief […]

UK to loan back Ghana’s looted ‘crown jewels’

The UK is sending some of Ghana’s “crown jewels” back home, 150 years after looting them from the court of the Asante king. A gold peace pipe is among 32 items returning under long-term loan deals, the BBC can reveal. The Victoria & Albert Museum (V&A) is lending 17 pieces and 15 are from the […]