Month: July 2026

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Dr Asiama Says Inflation Rebound, Oil Volatility to Dominate 131st MPC Talks

Dr Asiama Says Inflation Rebound, Oil Volatility to Dominate 131st MPC Talks

The Bank of Ghana’s Monetary Policy Committee has opened its 131st meeting with inflation, liquidity conditions, oil-price volatility and the changing structure of domestic credit expected to dominate deliberations, as policymakers assess whether Ghana’s recent price rebound marks normalisation or the start of a more persistent inflation cycle.Opening the meeting at the Bank Square in...

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West Africa signs off $25bn mega gas-pipeline plan

West Africa signs off $25bn mega gas-pipeline plan

One of Africa’s most ambitious energy infrastructure projects has finally been signed off at the highest level, with West African leaders formally endorsing the long-awaited Nigeria-Morocco Atlantic Gas Pipeline. “Don’t be surprised when the gas comes your way,” quipped Julius Maada Bio, Sierra Leone’s president and the current head of West Africa regional bloc Ecowas,...

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Nigeria Built Refineries, Yet Dollar Sets Petrol Prices

Nigeria Built Refineries, Yet Dollar Sets Petrol Prices

Nigeria’s petrol market has entered another period of uncertainty. This time, the problem is not simply whether the country has enough refining capacity.The deeper issue is that Nigeria may now refine more fuel locally, yet the price Nigerians pay remains tied to the dollar.Some petroleum marketers have suspended fresh petrol purchases after depot prices in...

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GHIPCON 2026 Moderator Calls for Institutional Readiness to Bridge Africa’s Downstream Investment Gap

GHIPCON 2026 Moderator Calls for Institutional Readiness to Bridge Africa’s Downstream Investment Gap

The Founder and Chairman of Wingfield Group has underscored the need for stronger institutions, improved governance, and bankable projects to attract investment into Africa’s downstream petroleum sector, arguing that the continent’s biggest challenge is not access to capital but readiness to deploy it effectively. Sharing his reflections after moderating a panel discussion at the Ghana...

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NPA Chief Executive lauds 2026 Ghana Downstream Awardees for driving the Industry

NPA Chief Executive lauds 2026 Ghana Downstream Awardees for driving the Industry

The Chief Executive of the National Petroleum Authority (NPA), Mr. Godwin Kudzo Tameklo Esq., has commended the nominees and winners of the 2026 Ghana Downstream Awards for their contribution to the growth and sustainability of the country’s downstream petroleum industry.Speaking at the second edition of the Ghana Downstream Awards and Gala Night on Saturday, Mr....

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Reliable power critical to Ghana’s 24-Hour Economy – VRA Chief Executive

Reliable power critical to Ghana’s 24-Hour Economy – VRA Chief Executive

The Chief Executive of the Volta River Authority (VRA), Edward E. Obeng-Kenzo, has underscored the critical role of reliable, affordable and sustainable electricity in the successful implementation of Ghana’s 24-Hour Economy.He stressed that the country’s industrial transformation agenda cannot be realised without uninterrupted power supply.He said the Government’s 24-Hour Economy and Accelerated Export Development Programme...

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GNPC and Niger’s SONIDEP Strengthen Partnership to Advance Africa’s Energy Ambitions

GNPC and Niger’s SONIDEP Strengthen Partnership to Advance Africa’s Energy Ambitions

SPINTEX, GHANA – The Ghana National Petroleum Corporation (GNPC) welcomed a high-level delegation from Niger’s national oil company, SONIDEP, in a working visit that underlines the deepening ties between the two West African national oil companies. Led by Director General Mr. M. Ali Seibou Hassane, the five-member delegation toured GNPC’s Research and Technology Center as...

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GhIPCon 2026: CBOD CEO Calls for Policy Stability, Innovation and Investment to Build Resilient Downstream Petroleum Sector

GhIPCon 2026: CBOD CEO Calls for Policy Stability, Innovation and Investment to Build Resilient Downstream Petroleum Sector

The Chief Executive Officer of the Ghana Chamber of Bulk Oil Distributors (CBOD), Dr. Patrick Kwaku Ofori, has called for stronger policy consistency, technological innovation and sustained investment to build a resilient downstream petroleum sector capable of driving Ghana’s economic transformation.Speaking at the opening of the 7th Ghana International Petroleum Conference (GhIPCon 2026), held under...

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Energy Minister Reaffirms Government’s Commitment to Expanding Local Refining at GhIPCon 2026

Energy Minister Reaffirms Government’s Commitment to Expanding Local Refining at GhIPCon 2026

The Minister for Energy and Green andTransition, Dr. John Abdulai Jinapor, has reaffirmed the government’s commitment to strengthening Ghana’s downstream petroleum sector through expanded local refining, strategic investments and closer collaboration with industry stakeholders. Speaking at the opening of the Ghana International Petroleum Conference (GhIPCon) 2026, where he delivered the keynote address, Dr. Jinapor said...

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Energy Minister Inspects Kumasi–Anwomaso Transmission Upgrade, Appeals for Public Patience

Energy Minister Inspects Kumasi–Anwomaso Transmission Upgrade, Appeals for Public Patience

The Minister for Energy and Green Transition, Dr. John Abdulai Jinapor, has inspected the progress of the Kumasi–Anwomaso Transmission Line Upgrade (K1–K2 Project) in the Ashanti Region, describing the initiative as a major investment aimed at strengthening electricity supply in Kumasi and across the wider Ashanti Region. The project involves replacing the existing 19-kilometre single-circuit...