Ghana

Locals Say They’ve Been Shut Out Of Bauxite Concessions By Ghana Government

Locals Say They’ve Been Shut Out Of Bauxite Concessions By Ghana Government

Ghana’s government is fending off accusations made by locals in the southwestern portion of the country that they were not properly notified by the state regarding bauxite concessions there. Local media reported late last week that residents of Nyinahin in the Ashanti...

Events

Ghana Seeking Investors For Bauxite Extraction: President Akufo-Addo

An integrated aluminium industry is the goal of Ghana’s government, and the country’s president intends to achieve it with the help of private investors from around the globe. Such was the message from President Nana Akufo-Addo to Parliament late last week, promising a formal request for proposals will be distributed by the end of this […]

Proceeds From Bauxite Mining Will Benefit The Ghanaian People: MP Asiamah

Responding to concerns raised by his constituency, MP Isaac Kwame Asiamah went on record earlier this week to promise that proceeds from the Nhyinani bauxite operations would benefit the populace and not big businesses or government officials. “The government is now banking [its] economic hope on our bauxite so I can say that majority of […]

Ghanaian Think Tank Counsels Caution On Bauxite Deal With China

Opposition continues to mount against the US$2-billion bauxite-for-infrastructure deal between the government of Ghana and the People’s Republic of China’s Sinohydro Group Limited, as a local think tank says that the agreement puts Ghana at risk of judgment debts and abandoned projects. IMANI Africa released a seven-page missive against the deal earlier this week, noting […]

Ghana To Make Up Shortfall In US$2 Billion Bauxite Deal With China

New details have emerged in the US$2 billion deal between Ghana and China’s Sinohydro Corp., including a provision that will mandate the west African nation make up any difference between the bauxite revenue gleaned from the deal by Sinohydro and the monies spent on Ghanaian infrastructure. The deal, which was formalized in May, contemplates Sinohydro […]