Ghana

Ghana Environmental Group Criticizes Bauxite Mining Plan For Atiwa Forest

Ghana Environmental Group Criticizes Bauxite Mining Plan For Atiwa Forest

A Ghanian environmental group is calling upon the country’s government to block bauxite mining at the Atiwa forest and instead declare the land a national park. Last week Daryl Bosu, deputy national director for A ROCHA, told domestic media that the forest...

Events

Ghana’s Bauxite Mining Plans Well Underway: President Akufo-Addo

Ghana’s president announced earlier this week that his government is well into plans to take advantage of the bauxite ore reserves in the eastern reaches of his country. In a speech delivered while touring the region President Nana Addo Dankwa Akufo-Addo said that the government-owned Ghana Integrated Aluminium Development Corporation (GIADEC) is working toward bauxite […]

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 and Potential, the 2018 loan to Ghana’s government from Chinese firm Sinohydro obligates […]

Ghana To Decide On New Bauxite Joint Partnership By Year’s End: President Akufo-Addo

In the course of the Ghanaian president’s state of the union address last week, Nana Akufo-Addo revealed that the decision by Ghana Integrated Aluminium Development Corporation (GIADEC) on the subject of a joint venture to explore the country for additional bauxite resources would be made by year’s end. Speaking to Ghana’s parliament on Thursday, Akufo-Addo […]