🚨Ghana 🇬🇭 and Colombia 🇨🇴 have signed a landmark agreement to link the Port of Tema with the Port of Cartagena, creating direct maritime trade between West Africa and Latin America.
The deal, signed in Bogotá, is expected to boost trade and strengthen economic ties.
🚨 Government is pushing for an early completion of the planned AKSA 900MW combined-cycle power plant in Takoradi.
While the project is currently scheduled for December 2027, developers have been directed to accelerate works and target completion by September 2027.
🚨 Update.
Ghana’s first freight locomotives and container wagons are expected to arrive in July, with operations beginning in August.
The new rail service will move containers between Km55 and Tema Port in just 58 mins, each locomotive can haul up to 50 40-foot containers.
🚨 Ghana 🇬🇭 is acquiring new locomotives and 2 wagons from the UK 🇬🇧 to strengthen passenger and freight rail transport.
Government says technical teams are currently inspecting the equipment before shipment, with the move expected to improve cargo haulage and rail efficiency.
🚨 Ghana 🇬🇭 and South Korea 🇰🇷 have outlined plans to deepen cooperation.
This year, the two countries will open a new university in Ghana, establish a West Africa Hyundai automotive manufacturing plant and launch new solar irrigation systems.
And now, Ghana is going to refine its own oil from its own oil fields. This will reduce imports, rather than exporting crude oil abroad and then importing refined petroleum products back into the country. I think you need to look at the operations of the Dangote Refinery and its impact on Nigeria, because the benefits are far from mediocre.
🚨 Ghana will begin refining crude oil from its own offshore fields at the Tema Oil Refinery this month, marking a major step in local value addition.
Government says the first shipment of Ghanaian crude will be delivered to TOR for processing instead of export.
@Roostar199 Wait, is your issue about only one refinery built after independence or Ghana refining it's own oil (what the post is actually about)? Mind you we only discovered oil in 2007.
🚨 Ghana 🇬🇭 to build one of the world’s and Africa's largest gold refineries with a 600-tonne capacity.
Sod-cutting and construction is expected in 2026, with completion targeted for 2027. The refinery will also refine gold from Burkina Faso 🇧🇫, Togo 🇹🇬 and others.
An update on the phenomenal work being undertaken by the Ghana Armed Forces on President Mahama’s transformational Accra-Kumasi Expressway project.
So far, about 51km of the entire stretch has been successfully cleared.
In June, following assessments by the relevant state agencies, the Ghana Armed Forces will commence the payment of compensation to affected citizens.
Steadily, deliberately, and with remarkable professionalism, the foundation is being laid for what will become one of Ghana’s most strategic and economically transformative corridors.
The progress made so far is truly impressive.
🚨 The Accra-Kumasi Expressway project is making steady progress, with about 51km of the corridor already cleared by the Ghana Armed Forces.
Compensation payments to affected residents are expected to begin in June after assessments by the state agencies are completed.