The International Monetary Fund (IMF), has revealed details about how Ghana’s four collateralized loans from China have exposed the country to losing parts of its mineral resource revenue in addition to electricity sales. For Ghana, Chinese loans have been a reliable funding source four major projects since the year 2000. …
Read More »India’s Population To Surpass China This Week – UN
India will overtake China to become the most populous country in the world by the end of this week, the United Nations has said. India’s population is expected to reach 1,425,775,850 people by the end of April, the new data shows. A different United Nations (UN) body last week predicted …
Read More »China Pledges Support For Ghana’s Debt Treatment
Chinese authorities have expressed their willingness to support Ghana’s current short-term liquidity challenges. The Asian country has also pledged to continue to support Ghana’s medium and long-term developmental aspirations. The Chinese Finance Minister Liu Kun gave the assurance when Ghana’s Finance Minister, Ken Ofori-Atta led a delegation to engage China …
Read More »Talks With China Over Ghana’s Debt Has Been Positive And Encouraging – Ofori-Atta
The Finance Minister, Ken Ofori-Atta, has revealed that conversations with China over Ghana’s debt have been positive and encouraging. Ghana’s finance minister, Ken Ofori-Atta travelled to Beijing on Wednesday to meet Chinese officials to discuss a proposed restructuring of Ghana’s debt, according to a source with knowledge of the talks. …
Read More »Ghana To Engage China For Possible Debt Cancellation
The Finance Minister, Ken Ofori Atta, has disclosed that talks are underway with China over Ghana’s debt following a successful domestic debt exchange programme. Mr Ofori-Atta said negotiations with China are important because they hold the majority of the external bonds. ELECTION 2024- PRE-POLL NOTE: …
Read More »Akufo-Addo To Germany: Beg China To Support Ghana’s Debt Restructuring
The President of Ghana, Nana Addo Dankwa Akufo-Addo on Friday urged Germany to “encourage” China, an ad hoc member of the Paris Club, to support Ghana’s debt restructuring efforts. He said it was critical that the Paris Club swiftly establishes, with the participation of other official creditors, a creditors committee, …
Read More »NIA: China Tops Foreigners With Ghana card
The National Identification Authority (NIA) says China is the country with the highest number of foreigners issued with Non-citizen National Identity card (Ghana card). Professor Kenneth Agyemang Attafuah, Executive Secretary, NIA, said this at a press briefing in Accra on Friday to mark this year’s International Identity Day, after the …
Read More »Queen’s Funeral: ‘Extraordinary’ To Invite China – Senior Tories
The Chinese government’s invitation to the Queen Elizabeth II’s funeral should be withdrawn, some MPs and peers say. Senior Tory MPs Tim Loughton and Sir Iain Duncan Smith are among those who have written to the foreign secretary to express concern. They said it was “extraordinary” that the “architects” of …
Read More »Akufo-Addo Commissions Tamale Interchange [Photos]
President Nana Akufo-Addo, on Tuesday commissioned the Tamale Interchange, the fourth interchange built by government since 2017. The interchange forms part of the Government of Ghana – SinoHydro Master Project Support Agreement (MPSA) which was launched nearly three years ago, by the President. The Tamale Interchange is …
Read More »MoFA Denies Importing Of Cassava From China
The Ministry of Food and Agriculture (MoFA) has denied claims that Ghana imports cassava from China. The allegation of Ghana importing cassava from China was made by the National Democratic Congress (NDC) Member of Parliament for the Asunafo South Constituency in the Ahafo Region, Mr Eric Opoku. MoFA, in a …
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