Atewa Forest

IMF Says Collateral At Risk In Bauxite-Backed Loan From Sinohydro To Ghana

IMF Says Collateral At Risk In Bauxite-Backed Loan From Sinohydro To Ghana

Repayment of a US$2-billion loan backed by a portion of Ghana’s bauxite reserves may be defaulted upon according to a report published last week quoting the International Monetary Fund (IMF). According to the Natural Resource Governance Institute’s report entitled Resource-Backed Loans: Pitfalls...

Events

Ghana Government Promotes “Open Door” Policy For Domestic Bauxite Trade

Ghana’s aluminium promotion and development body is attempting to foster greater communication between the state and various stakeholders in order to ensure that its bauxite ore reserves are utilized to the most beneficial extent possible. Last week the Ghana Integrated Aluminium Development Corporation (GIADEC) announced to local media the implementation of an “open door” policy […]