President John Dramani Mahama has appointed Dr Richmond Afotey Nii Okle, a lecturer at the Beanstalk International Bilingual School (BIBS) in China, as Head of Investment and Tourism at Ghana’s Embassy in Beijing, China.

Dr Nii Okle, who has served as Secretary to the NDC China Chapter from 2018 to date, assumes this new role with a wealth of knowledge in finance, investments, and international relations.

He holds a PhD in Finance, a Master of Science in Finance and Investment, and a Bachelor of Arts in Mathematics and Statistics.

He is currently the Head of the Mathematics Department at BIBS in Beijing and is an alumnus of Mfantsipim School, 2005 year group.

In his new capacity, Dr Okle’s core mandate will be to attract Foreign Direct Investment (FDI) from China into Ghana’s productive sectors in support of the government’s 24-hour economy initiative.

He is expected to actively promote investment opportunities, special economic zones such as the Ghana Free Zones, and Public-Private Partnerships (PPPs) to Chinese companies and financial institutions.

With bilateral trade between Ghana and China reaching a record high of $11.8 billion in 2024, Dr Okle will play a pivotal role in organising and participating in investment forums, business seminars, trade fairs, and roadshows across major Chinese cities to position Ghana as a premier destination for investment.

He will also serve as the primary liaison for Chinese businesses interested in the Ghanaian market, providing accurate information on regulations, incentives, and investment procedures.

Additionally, he will work to address systemic challenges faced by Chinese investors through close engagement with both Ghanaian and Chinese governmental institutions.

Leveraging his extensive Chinese network, Dr Okle will be instrumental in mobilising Chinese investments toward the government’s ambitious $10 billion “Big Push” programme, which aims to bridge Ghana’s infrastructure deficit in roads, railways, and the energy sector.

On the tourism front, Dr Richmond Afotey Nii Okle will focus on strengthening connections between Ghanaian tourism service providers, including hotels, tour operators, and transport companies, and their Chinese counterparts to enhance the overall experience for Chinese visitors.

He will also lead efforts to market Ghana’s unique tourism offerings to the Chinese audience, highlighting key attraction sites, as well as Ghana’s rich cultural festivals and heritage sites.

DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of Multimedia Group Limited.

DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of Multimedia Group Limited.

G. Cooper Farms has officially collaborated with FasterCapital

G. Cooper Farms, a pioneering agribusiness startup in Ghana, has officially collaborated with FasterCapital through its LaunchUp program to accelerate the scaling of its innovative livestock feed production model.

This strategic collaboration aims to meet the rapidly growing global demand for meat and dairy products projected by the Food and Agriculture Organization (FAO) to reach $2.6 billion by 2050.

By leveraging FasterCapital’s global resources and network, G. Cooper Farms plans to enhance sustainable farming practices and drive shareholder value in Ghana’s agribusiness sector.

Addressing a Growing Market Challenge

The global population surge continues to drive unprecedented demand for high-quality meat and dairy products, creating a critical need for nutrient-rich, sustainable livestock feed. Farmers across Africa face shortages of feed that is low in fiber but rich in protein, potassium, and calcium—elements essential for livestock health and productivity.

While the FAO projects this market to balloon to $2.6 billion by 2050, many producers still rely on traditional, inefficient farming methods that fail to meet quality and sustainability standards. G. Cooper Farms enters this white space with a solution tailored for modern agribusiness challenges, positioning itself to capture significant market share amid rising competition.

Innovative Solutions Driving Sustainable Growth

G. Cooper Farms delivers a scalable, environmentally responsible model for producing livestock feed using advanced commercial farming equipment and globally certified best practices.

Founded by George Cooper, the company’s proprietary approach focuses on enhancing nutrient density and sustainability, ensuring farmers access to premium feed inputs that improve livestock yields and profitability. Currently operational in Ghana, G. Cooper Farms has demonstrated strong early traction, validating its model with local farmers and stakeholders.

This differentiated positioning in a largely underserved market provides a competitive moat and establishes the company as a future leader in African agribusiness innovation.

Strategic Partnership with FasterCapital

By joining FasterCapital’s LaunchUp program, G. Cooper Farms gains access to a comprehensive suite of acceleration resources, including funding support, global mentorship, and go-to-market expertise.

FasterCapital, known for its rigorous selection process, partners exclusively with startups demonstrating high growth potential and scalable impact. The collaboration will fast track G. Cooper Farms’ expansion plans, enhance operational efficiencies, and prepare the startup for subsequent investment rounds.

As Hesham Zreik, CEO of FasterCapital, emphasizes, the program is designed to nurture startups that marry profitability with environmental and social impact — a criterion that G. Cooper Farms exemplifies.

Executive Perspectives

George Cooper, Founder & CEO of G. Cooper Farms:

“Joining FasterCapital’s LaunchUp program marks a pivotal moment in our journey. With their expertise and global network, we are poised to scale our operations effectively, meet the escalating market demand, and pioneer sustainable agribusiness practices in Ghana and beyond.

This partnership accelerates our vision of transforming livestock feed production into a high-impact, scalable industry.”

Hesham Zreik, CEO of FasterCapital:

“We are excited to welcome G. Cooper Farms to LaunchUp. Africa’s agricultural sector is crucial for global food security, and startups like G. Cooper Farms lead the charge with innovation and sustainability.

Their focus on scalable, responsible farming aligns perfectly with FasterCapital’s investment philosophy, and we look forward to supporting their growth trajectory and market leadership.”

Growth Trajectory & Future Plans

In the coming 12 months, G. Cooper Farms will prioritize upgrading its commercial farm infrastructure, expanding feed production capacity, and integrating advanced sustainable farming techniques. The company aims to broaden its market reach within West Africa while pursuing a $400,000 funding round to support these initiatives.

Long-term, G. Cooper Farms envisions becoming a key player in global agribusiness, addressing food security challenges and delivering consistent shareholder returns through sustainable innovation.

By Yussif Ibrahim 

Kumasi, Nov. 04, GNA – The Kwame Nkrumah University of Science and Technology (KNUST) has opened the 2025 International Ideas Summer School and Trainer of Trainers Workshop with participants drawn from Ghana, Ethiopia, Nigeria, Tunisia, Rwanda, Kenya and Germany.  

It is under the theme: “Decent Work and Economic Growth: Exploring Solutions to Youth Unemployment, Skill Gaps, and SME Formalisation in the Global South.” 

Organised by the African Centre for Career Enhancement and Skills Support (ACCESS-Ghana), the event brings together over 80 in-person participants and more than 500 virtual attendees from across Africa and Europe.  

Prof. David Asamoah, the Pro Vice-Chancellor of KNUST, in his opening address, welcomed participants to the campus and commended ACCESS-Ghana for spearheading initiatives that connected academia with industry to promote employability and entrepreneurship. 

He stated: “At KNUST, we believe that university education must go beyond the awarding of degrees. 

“It must equip learners with the competencies, mindset, and adaptability required for the world of work and indeed, for the creation of work.”  

Prof Asamoah emphasised that the theme of the summer school was both timely and relevant, reflecting global concerns over high youth unemployment, widening skill gaps, and the dominance of informal enterprises across the Global South. 

Prof Asamoah said: “Africa today is home to the world’s youngest population. Every year, millions of young men and women graduate full of hope, creativity, and ambition. 

“Yet, too often, they encounter a labour market that is either saturated, informal, or unprepared to absorb their talents.”  

The Pro Vice-Chancellor lauded the ACCESS project, coordinated by Leipzig University in Germany and funded by the German Academic Exchange Service (DAAD) under the Exceed Initiative of the Federal Ministry for Economic Cooperation and Development (BMZ).  

The project, which operates in seven African universities, seeks to enhance employability through research, digital skills development, entrepreneurship training, and career support. 

He described the summer school as a “living laboratory of ideas” that would inspire collaborative solutions to one of Africa’s defining challenges – bridging the gap between skills and employment. 

He said: “The challenge of youth unemployment and skill gaps cannot be solved by governments or universities alone. 

 It requires a collective effort, a new social compact that brings together education, industry, and communities.”  

The event features keynote presentations, panel discussions, and interactive sessions focusing on employable skill sets, productivity, SME formalisation, and decent work conditions, all linked to the United Nations Sustainable Development Goal 8.  

Experts from academia, industry, government and international organisations are expected to share insights on sustainable job creation and inclusive growth. 

According to Dr. Ralph Nyadu-Addo, the Coordinator of ACCESS-Ghana, the initiative provided a platform for young scholars, researchers, and professionals to develop innovative solutions for employability and entrepreneurship. 

The programme will climax with the IN4IN International Conference on November 11, 2025, bringing together additional participants and partners to further discussions on innovation and inclusion in Africa’s labour market transformation. 

Mr. Robert Meyer, a Representative of Leipzig University, said the aim of ACCESS was to improve the employability of graduates from African universities. 

“With this team of young people, we want to work on ideas they shared when they applied for the programme and to encourage them to put these ideas together in the form of proposals to implement as projects,” he explained. 

GNA  

Edited by Kwabia Owusu-Mensah/Benjamin Mensah 

As part of this year’s Telecel CARE Month celebrations, Telecel Ghana Foundation has dedicated a day to support female inmates at the Akuse Local Prison (women wing) in the Eastern Region.

Through generous contributions from Telecel Ghana employees, the Foundation donated essential supplies including sanitary pads, soaps, toiletries, and disinfectants to support the personal care of the inmates.

The initiative, aimed at promoting wellbeing and inclusion, featured a free breast cancer screening exercise for all female inmates and some officers, conducted in partnership with medical professionals from the Ridge Medical Centre. The medical team also provided basic breast care education and wellness advice to raise awareness and encourage early detection of the illness.

Telecel Ghana’s General Manager of Commercial Operations, Mercy Dawn Akude together with members of the telco’s frontline team and the Foundation, made the donation to the inmates. She said, “As part of our CARE Month celebrations, we are reaching out to the female inmates, who are often overlooked to donate these essential items and provide free breast cancer screening as their health matters.”

Receiving the items, the Officer-in-charge of the Akuse Female Prison, ADP Beatrice Asiedu expressed her appreciation to Telecel Ghana Foundation and Ridge Medical Center for their generosity and support, commending the initiative for prioritising the welfare of inmates through the health screening and supplies. “This kind and thoughtful gesture means a lot to the inmates and officers. It makes us feel remembered, valued, and genuinely cared for.”

Established in the 1990s as a small extension of the Akuse Local Prison, the Akuse Female Prison was created to house women in custody separately, after logistical challenges made transfers difficult. Originally built to hold just five inmates, it now accommodates over twenty and runs a range of rehabilitation programmes including baking and sewing to help reform and reintegrate inmates into society.

Beyond this outreach, Telecel Ghana has been celebrating its customers and frontline team throughout October with a variety of rewards, appreciation events, community engagements, and digital education. The annual celebration, which extends the global Customer Service Week into a full month of activities, is under the worldwide theme, Mission: Possible.

AirtelTigo has gone through real turbulence in the last few years, but to still hold and serve 3 million customers is an amazing story. What seem to have hit AirtelTigo the hardest is the recent roaming on Telecel cell sites when the towerco vendor, ATC, decided to shut down its cell sites that serve AirtelTigo.

While addressing AirtelTigo staff, the sector minister hailed the staff for the seamless job that was executed in record time to move the affected customers onto the Telecel network.

In the meeting, the Minister accidentally hinted a merger of the two entities as AirtelTigo was already roaming on Telecel. Nonetheless, a subsequent press engagement with the Minister clarified that the said merger was rather a Force Majeure, which does not explicitly make it a merger.

KPMG has since been contracted to review the entire investment and merger opportunities to advise government on the way forward.

The Telecom Industry in Ghana has seen some of the unpredictable happenings over the last 33 years when the first mobile telecommunications network, Mobitel (Now AirtelTigo) was launched.

We’ve seen several transitions of some operations, takeovers of some operations, and even a merger, which was the first of its kind in Africa. All these happenings are in attempts to serve the customer well and make good ROIs for shareholders.

We’ve seen global telecom operators like Vodafone, Airtel, and Millicom, who couldn’t survive the unique Ghanaian market, while MTN continues to thrive with a better understanding of Africa’s nuances.

“My experience in this industry tells me that you can’t just use a global strategy to attain local success. It doesn’t always work.” One gentleman said.

“For Example, while mobile money presented itself as a solution that Africans were ready to jump on, Millicom Ghana (Tigo) ignored that local nuances and rather channeled its efforts into building a music brand, TigoMusic. This was a typical global strategy that failed to gain local relevance.” He continued.

The current conversation about the telecom industry is very critical to Ghana and its citizens, especially as telecom serves over 90% of the population with connectivity (calls, Internet, money transfers).

A Merger
The country saw its first merger with Airtel and Tigo about 8 years ago. The “strategic” marriage between Bharti and Millicom, both with remarkable global presence and well-thought through plans and arrangements could not achieve its objectives and had to leave Ghana.

Today, conversations about a second merger is being entertained by the same government that was in power when the first merger conversation started.

Also, a merger brings Ghana to a duo poly which is not an industry best practice even though some countries with strong regulations are entertaining a two-player market.

Commenting on the Airtel and Tigo merger, the gentleman said, “I was very close to the first merger and I saw what happened. I can boldly say one plus one without the right investment can actually become less than one.”

“I’m not sure Telecel has the right investment, and even if they do, they must put that into their own network while AirtelTigo also uses the proposed external investments to turn its operations around.” He added.

Telecel promised $500m investment in first three years upon acquiring Vodafone, but we are yet to confirm how much of that investment has been pumped into the business after taking over two years ago.

A New Investor

AirtelTigo has seen bold attempts from two investors who are ready to make it a profitable business, regardless of how deep it has fallen. Hannam Investments signed an agreement with the previous government in 2023, while Rektron signed with the current government this year.

However, Rektron has come out to question the move by government to merge AirtelTigo with Telecel, which shows how committed they are to this agreement. This commitment is entrenched in Rektron’s initial $150m and a proposed $1b in five years, making it the biggest investment AirtelTigo has seen in the last 10 years.

“Telecom operation is capital intensive. What Ghana needs is not just a merger, but good investments that can revive AirtelTigo to become profitable.” Another gentleman added.

Opportunities and Risks

The biggest opportunity is the quality of employees that sit at AirtelTigo and the work they have done to keep the business alive regardless of all the odds that are against them. From the days of Mobitel, Buzz, Tigo, till today, Ghana has seen some of the brilliant telecom professionals emerging from the first mobile telecommunications company in Ghana, AirtelTigo.

The staff have been very instrumental in various technical telecom deployments even with its end-of-life systems, as the sector Minister puts it.

Rektron’s $1b investment over five years is a rare opportunity that can outrightly stabilise and propel AirtelTigo, considering the highly praised employees.

Even though a merger cannot be totally written off, it poses a bigger risk than the said investment from Rektron.

Dr Mustapha Abdul-Hamid is former CEO of National Petroleum Authority

Former Chief Executive Officer of the National Petroleum Authority (NPA), Dr Mustapha Abdul-Hamid, has downplayed the corruption case filed against him and nine others by the Office of the Special Prosecutor (OSP), describing it as “useless.”

Reacting to the OSP’s ongoing investigations into the alleged misappropriation of GH¢291.4 million and over US$300,000, Dr Abdul-Hamid insisted there was no substance to the allegations.

“I came to support my friend Wontumi, but for me, my matter dierr, it’s useless. There’s nothing in it,” he declared in a viral video shared via X on Tuesday November 4, 2025.

GH¢280m NPA Scandal: Mustapha Hamid, associates face money laundering, extortion charges

Dr Abdul-Hamid expressed confidence that the case would not stand.

His comments follow the OSP’s recent decision to name him among ten individuals accused of engaging in corruption-related offences during their tenure at the NPA.

The probe reportedly focuses on financial irregularities and potential breaches of procurement and expenditure procedures.

Dr Abdul-Hamid, who served as NPA boss from 2021, maintains that he and his team acted lawfully and transparently in all their dealings.

The OSP’s case forms part of a broader investigation into alleged financial misconduct within key state institutions.

“My matter dierr it’s useless. There’s nothing in it”

—Former NPA Boss, Mustapha Abdul Hamid on the OSP’s case against him and nine others over corruption related offenses and the misappropriation of GH¢291.4 Million and over $300,000. pic.twitter.com/luIrlA6laf

— SIKAOFFICIAL🦍 (@SIKAOFFICIAL1) November 4, 2025

MA

All you need to know about Ghana’s new vehicle number plates | BizTech:

The National Chairman of the New Patriotic Party (NPP), who successfully led the party to two consecutive electoral victories in 2016 and 2020, has visited Ellembelle in the Western Region to rally support for Dr Mahamudu Bawumia.

The former Vice President and 2024 Presidential Candidate of the NPP is seeking re-election to lead the party into the 2028 general election.

The Chairman’s visit forms part of a broader nationwide mobilisation effort aimed at consolidating support for Dr Bawumia ahead of the party’s upcoming presidential primaries scheduled for January 31, 2026.

His presence in Ellembelle, a constituency noted for its strategic political influence in the Western Region, was described by local executives as a strong show of unity and commitment to the Bawumia campaign.

Addressing party supporters, the National Chairman commended Dr Bawumia’s leadership, vision, and resilience, describing him as the right man to continue the NPP’s transformation agenda.

He emphasised the need for unity within the party, urging delegates to remain steadfast and focused on retaining power in 2028.

“Our collective strength lies in our unity and belief in the vision Dr Bawumia represents — one of innovation, progress, and opportunity for all,” he said.

Dr Bawumia, who served as Vice President from 2017 to 2025, has continued to campaign on a message of economic transformation, digitalisation, and inclusive growth.

His team has expressed confidence that the overwhelming support from grassroots members, regional leaders, and national executives — including the National Chairman’s endorsement — signals strong momentum ahead of the January 2026 primaries.

DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of Multimedia Group Limited.

DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of Multimedia Group Limited.

Dr Dominic Ayine is the Attorney General and Minister of Justice

The Office of the Attorney General (AG) has withdrawn all charges against a Manager of Akonta Mining Company Limited, Edward Akuoko, who is also the fourth accused in the ongoing Akonta mining case.

According to a formal notice filed at the Accra High Court on Monday, November 3, 2025, the withdrawal was made in accordance with section 59 of the Criminal and Other Offences (Procedure) Act, 1960 (Act 30).

The notice, signed by the Deputy Attorney-General, Dr Justice Srem Sai, stated that Edward Akuoko had been discharged from prosecution in connection with all charges brought against him.

The High Court on Tuesday, October 28, 2025, withdrew a bench warrant it issued earlier for the arrest of the Ashanti Regional Chairman of the New Patriotic Party (NPP), Bernard Antwi Boasiako, popularly known as Chairman Wontumi.

Wontumi, Akonta Mining, director slapped with 6 criminal charges

The decision followed his appearance in court shortly after the warrant was issued.

According to the charge sheet, Akonta Mining Company Limited, registered in 2010, is jointly owned by Bernard Antwi Boasiako (A2) and Kwame Antwi (A3), though prosecutors claim that Wontumi has exercised sole operational control since the company’s inception.

Prosecution says they are still working to verify the existence or identity of the listed co-director.

The investigation, led by the Ghana Police Service, according to the prosecution, was triggered by petitions alleging that Akonta Mining was operating unlawfully within the Tano Nimiri Forest Reserve, despite lacking the necessary permits and approvals.

SP/AE

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Andy Appiah-Kubi is the Lawyer for Chairman Wontumi

Lawyer for Bernard Antwi Boasiako, Andy Kwame Appiah-Kubi, has expressed disappointment in the Attorney General’s decision to drop charges against the General Manager of Akonta Mining.

The AG’s decision came after Edward Akuoko, the former fourth accused person, offered to testify against the Ashanti Regional Chairman of the New Patriotic Party (NPP), Chairman Wontumi.

Attorney General withdraws all charges against Akonta Mining manager – Here’s why

Edward Akuoko, together with Wontumi, had been facing multiple charges, including undertaking a mining operation without a license and felling or abetting the felling of trees in a forest reserve without written authorisation.

Reacting to the development in an interview with TV3 on November 4, 2025, Appiah-Kubi said that Dr Ayine’s actions suggest an intention to undermine justice.

Appiah-Kubi questioned why the Attorney General would rely on the statement of the former accused person to prosecute others, and vowed to resist such attempts, which he described as ‘oppressors rule.’

“… If the Attorney General, with all the materials and all the resources available to him, including human personnel, is just for him to only rely on the former accused person to prosecute a matter against one of the accused persons or some of the accused persons, and he thinks that justice may not be undermined, that is his decision.

“I would have thought that his role as Minister of Justice would have persuaded him at all times to be careful that freedom and justice of the moment be served also on all the accused persons until they are proven guilty. The way that the Attorney General appears to be poaching his own accused persons suggests that there is an intent to undermine the cause of justice. We will resist the oppressor’s rule,” he said.

Appiah-Kubi, the former Member of Parliament for Asante Akim North, added that they have formally been served with a notice from the AG to withdraw charges against Edward Akuoko and will act accordingly.

He maintained his clients’ innocence, insisting that they are not guilty.

‘Wontumi will be jailed for 15 years’ – Prophet Roja prophesies

“We have just been served with the notice of withdrawal of the fourth accused person, so they have come under the rules of court and have every right to do so. We are going to prepare our case when they are ready. It doesn’t change our position. We have still pleaded not guilty, and we will come to prosecute the case religiously in the best of our professional expertise,” he added.

MAG/AE

Watch the promo to GhanaWeb’s latest documentary, which uncovers the evolution of ‘kayamata,’ an exploitative practice fueled by love charms and manipulation, titled, “The Dark Side of Kayamata,’ below:

Synergice Events Private Limited, under the auspices of the Ministry of Energy and Green Transition, the Ministry of Trade and Industry, and in partnership with CCFI France Ghana and other international stakeholders, hosted the 4th Edition of BUILDEXPO and Power Energy Ghana Exhibition from October 30–31, 2025, in Accra.

The two-day exhibition brought together key players from Ghana’s energy, construction, and industrial sectors, along with international exhibitors from India, France, the United Kingdom, Nigeria, the United States, and Egypt. The event served as a platform for innovation, knowledge exchange, and strategic business networking within the built environment and renewable energy space.

GUTA President Calls for Improved Trade Fair Standards

In his remarks, Dr. Joseph Obeng, President of the Ghana Union of Traders Association (GUTA), expressed concern over the current scale and impact of trade fairs in Ghana, urging the government and organizers to elevate the standards to match international benchmarks.

“I felt very uncomfortable when this fair was described as the biggest in West Africa,” Dr. Obeng said. “If we are going to do it, we must do it well. When other nations organize fairs, people travel from across the world to see innovations and new technologies, and to transact serious business. What we see here is nothing to write home about.”

Dr. Obeng emphasized the need to revitalize Ghana’s Trade Fair Centre and position it as a regional hub for industrial exhibitions.

“When we were growing up, we used to visit the Trade Fair Centre and witness groundbreaking innovations that influenced businesses. We must bring that back, especially as the President resets the national development agenda,” he added.

He also highlighted the importance of leveraging exhibitions like BUILDEXPO to explore alternative energy sources and energy-efficient technologies, given rising electricity costs.

“These fairs give traders and entrepreneurs the opportunity to explore solar, wind, and gas technologies locally rather than traveling abroad,” Dr. Obeng said, adding that such initiatives would also help strengthen Ghana’s emerging 24-hour economy and support industrialization efforts.

Government Reaffirms Commitment to Green Energy Transition

Delivering the keynote address on behalf of Hon. John Abdulai Jinapor, Minister for Energy and Green Transition, Dr. Richard Gyan-Mensah, Deputy Minister for Energy, reaffirmed the government’s commitment to reforming the energy sector through transparency, renewable energy adoption, and private sector participation.

“Energy is the backbone of industrialization,” Dr. Gyan-Mensah stated. “Every factory that opens, every business that expands, and every home that lights up is powered by electricity and infrastructure. That is why Ghana continues to prioritize reforms, innovation, and private sector collaboration to build a

resilient, inclusive, and future-ready economy.”

He outlined several ongoing reforms within the ministry, including:

Ÿ IPP Tariff Rationalization to ensure affordable electricity while maintaining investor confidence.

Ÿ Competitive and transparent procurement frameworks for power generation.

Ÿ Strengthened Cash Waterfall Mechanism to ensure predictable payments across the energy value chain.

Ÿ Localization of solar assembly lines and battery storage solutions to boost renewable energy adoption.

Ÿ Digitalization of energy operations, shifting from data-driven planning to smart distribution systems.

Dr. Gyan-Mensah emphasized that these reforms are designed to make Ghana’s energy sector a catalyst for industrial transformation, job creation, and export-led growth.

“This Expo demonstrates the power of partnership. We encourage both local and international companies to seize this opportunity to forge business relationships and share innovative solutions that drive sustainable energy and infrastructure development,” he said.

India Reaffirms Support for Ghana’s Energy Transition

The High Commissioner of India to Ghana, Shri Manish Gupta, underscored India’s commitment to supporting Ghana’s industrial and energy transformation.

“Business and industry play a critical role in a nation’s development,” Gupta said. “India is proud to work hand in hand with Ghana in building sustainable infrastructure and promoting renewable energy.”

He cited India’s role in major infrastructure projects such as the Tema–Mpakadan Railway Line, describing it as a model for local capacity building and industrial growth.

“Our collaboration in renewable energy, especially in solar technology, can transform Ghana’s northern regions through solar irrigation and mini-grid systems,” he added. “We are ready to support Ghana’s energy transition strategy to ensure clean and affordable energy for all.”

Gupta encouraged Ghanaian and Indian businesses to form long-term partnerships, focusing on capacity building, technology transfer, and local manufacturing.

Looking Ahead

The 4th Edition of BUILDEXPO and Power Energy Ghana ended with renewed calls for greater international collaboration, increased local participation, and investment in green and smart technologies to drive Ghana’s industrial and economic transformation.

Both government and private sector leaders pledged to expand the event’s scope in future editions, aiming to position Ghana as a hub for innovation, sustainable energy, and industrial growth in West Africa.

By [Kingsley Asiedu]

Dr Adrian Alter is the IMF Resident Representative to Ghana

The International Monetary Fund (IMF) has urged the Bank of Ghana (BoG) to maintain a firm monetary policy stance, despite recent reductions in interest rates.

The Fund emphasised the importance of anchoring inflation expectations within the single-digit range, highlighting the need for continued vigilance by the Central Bank.

Ghana has made notable progress in curbing inflation, which has fallen sharply from 24% in 2024 to 9.4% as of September 2025. Concurrently, the BoG has lowered its benchmark policy rate from a peak of 28% in March to 21.3%.

IMF Board likely to approve Ghana’s 5th review by December – IC Research

Speaking on The Point of View on Channel One TV on November 3, 2025, IMF Resident Representative to Ghana, Dr Adrian Alter, commended the BoG’s efforts in managing inflation but stressed the need for ongoing policy discipline.

“The BoG has kept its monetary policy consistently tight and has effectively reduced inflationary pressures through prudent measures,” Dr Alter stated.

“While the decision to cut rates from 28% to the current 21.5% reflects progress, it’s important to also consider real interest rates,” he explained.

He further noted that maintaining a cautious monetary approach, alongside sustained fiscal discipline, will be critical to consolidating Ghana’s disinflation achievements and bolstering investor confidence in the economy.

SP/MA

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Dr Charles Nii Ayiku Ayiku is the General Manager for External Communications at ECG

The Electricity Company of Ghana (ECG) has issued a strong warning to customers to be wary of fraudulent phone calls from individuals posing as company officials and offering to expedite the acquisition of electricity meters.

According to ECG, these impostors have been contacting customers under the pretext of assisting them to secure new meters or resolve meter-related challenges. The callers often claim that ECG has taken delivery of new meters and proceed to ask customers whether they have applied for one or are experiencing difficulties with their existing meters. They then attempt to solicit personal information or money from unsuspecting victims.

ECG cuts Hubtel commission, begins contract clean-up

The Company noted that in some instances, these fraudsters download photographs of ECG staff from digital platforms and use them to impersonate officials in order to extort money from customers.

Speaking in an interview, Dr Charles Nii Ayiku Ayiku, the General Manager for External Relations, clarified that ECG has not authorised any individual or third-party agent to privately contact customers about meter acquisition or related services.

“We are aware of people calling ECG customers pretending to be staff and asking if they have applied for a meter or are facing issues. They usually claim they can help secure a new meter quickly because new meters are available. This is false,” Dr Ayiku stressed.

He emphasised that ECG does not conduct meter distribution through private phone calls, adding that all legitimate processes for new meter applications are handled strictly at ECG offices or via official platforms.

Dr Ayiku confirmed that ECG has indeed received new meters as part of operational enhancements, but maintained that the distribution process remains transparent and strictly guided by approved applications.

He therefore urged customers to visit the nearest ECG office to apply for a meter or seek redress for any meter-related concerns. He cautioned the public against engaging individuals who promise shortcuts or demand payment to facilitate the process.

“Customers should not pay money to anyone who claims they can get them a meter outside our offices. These are fraudulent activities intended to deceive the public,” he warned.

Dr Ayiku further reminded customers that ECG does not operate any mobile money account, insisting that all financial transactions must be conducted exclusively through the ECG Power App or official channels [short code *226#].

ECG explains factors behind rising electricity bills

ECG encouraged customers who receive suspicious calls to report them immediately to the nearest ECG office or contact the company, reaffirming its commitment to protecting customers from scams while ensuring ongoing transparency and improved service delivery nationwide.

Customers who encounter such fraudulent activities are also advised to report the perpetrators to the nearest police station.

Watch the promo to GhanaWeb’s latest documentary, which uncovers the evolution of ‘kayamata,’ an exploitative practice fueled by love charms and manipulation, titled, “The Dark Side of Kayamata,’ below: