Tullow, backed by oil magnate Dossou-Aworet, wins $320 million tax dispute in Ghana
An international tribunal ruled that the company is not liable for a $320 million tax assessment levied by the Ghana Revenue Authority.
Ghana
Dangote Cement exports 22 clinker shipments to Ghana and Cameroon
Dangote Cement supports regional construction, exports 22 shipments of clinker to Ghana and Cameroon in first nine months of 2024.
Ghana’s Daniel Ofori sees $2-million gain in GCB Bank shares amid rally
This follows a $1.19-million gain recorded between Jan. 1 and May 6, when the value of his stake rose from $4.91 million to $6.1 million.
Asia’s richest man Mukesh Ambani eyes African telecom market with Ghanaian 5G venture
NGIC’s approach appears to mirror the success of Mukesh Ambani’s Jio Infocomm Ltd. in India. Jio is currently India’s largest mobile operator with 470 million users
Bank tied to Ghana’s leading investor Daniel Ofori unveils $45-million rights issue to boost capital
Ghanaian tycoon Daniel Ofori owns 3.9 percent of CalBank. The bank plans to bolster its finances with a rights offering.
Ghanaian tycoon Joseph Siaw Agyepong’s group to construct waste treatment plants in Lagos
Agyepong underscored the dire consequences of inadequate waste management, citing the spread of waterborne diseases and environmental degradation.
Africa’s largest salt mine owner advocates for secure global pharmaceutical salt supply
Daniel McKorley’s key recommendation was the establishment of a global consortium to ensure a steady pharmaceutical salt supply.
Ghanaian tycoon Joseph Siaw Agyepong’s group lands $100 million in agricultural deals
Agyepong highlighted that the venture into agriculture was initially propelled by a dedication to making a positive impact rather than purely financial motives.
Ghanaian businessman to send 600 students to study in Russia after $1-billion deal
The initiative comes on the heels of Jospong Group’s recent $1-billion deal with Indian carbon credit developer EKI Energy Services.
Ghanaian businessman signs $1-billion deal with Indian carbon credit developer
In addition to the billion-dollar deal, Agyepong announced the provision of scholarships for 10 individuals interested in pursuing studies on climate change this year.
Ghanaian tycoon Daniel McKorley’s salt company to hire 2,500 workers in 2024
Presently producing 650,000 metric tonnes of salt, Electrochem Ghana is poised to increase its production to one million metric tonnes in 2024 and aims for two million by 2025.