Ghana

Ghana's ruling party candidate concedes presidential election to oppn rival

Ghana's vice president and ruling party candidate, Mahamudu Bawumia, on Sunday conceded defeat to opposition candidate and former President John Dramani Mahama in the West African nation's tightly contested presidential election. Ahead of the official announcement, Bawumia told a press briefing that the people of Ghana voted for change, and he respects that decision with all humility. I've just called His Excellency John Mahama to congratulate him as president-elect of the Republic of Ghana, he said. Bawumia was running as the flagbearer of the ruling New Patriotic Party, or NPP, which has struggled to resolve the economic crisis under outgoing President Nana Akufo-Addo.

As poor nations' sovereign default wave peaks, cash shortage may follow

The US Treasury's top economic diplomat has called for new ways to provide short-term liquidity support

Ambani faces pushback over 5G deal from parliamentary minority in Ghana

The Ghanaian government's plan to launch a 5G network using a company partnering with Mukesh Ambani is a bad deal for the debt-ridden nation, which needs funds for critical development projects

Ambani sets sights on African telecom market, plans to develop 5G infra

Radisys Corp., a unit of Ambani-controlled Reliance Industries Ltd., will provide key network infrastructure, applications and smartphones for Ghana-based Next-Gen InfraCo

India and Ghana agree to operationalise UPI link within six months

India and Ghana also discussed the potential of a Memorandum of Understanding (MoU) on digital transformation solutions and a local currency settlement system

India, Ghana agree for operationalisation of UPI on Ghana interbank systems

India and Ghana are working to link their payment systems - Unified Payments Interface (UPI) and Ghana Interbank Payment and Settlement Systems (GHIPSS) respectively to permit users to make instant, low-cost fund transfers on a reciprocal basis. The two countries have also delved into discussions regarding the possibilities of a Memorandum of Understanding on Digital transformation Solutions; Local Currency Settlement System and the opportunities offered by African Continental Free Trade Agreement (AfCFTA). "They agreed to work expeditiously towards the operationalisation of NPCI's (National Payments Corporation of India) UPI on Ghana's GHIPSS within a period of 6 months," the Department of Commerce said on the social media platform X (formerly twitter). India's UPI has already reached countries including Singapore and the UAE. Talks are also on with Nigeria for the same. These issues were discussed during the visit of a seven-member Indian delegation led by Additional Secretary i

Oxford, Serum Institute deliver malaria vax; Ghana first to give nod

The approval is unusual as it comes before the publication of final-stage trial data

Ghana becomes first country to approve Oxford malaria vaccine for children

It is hoped that this crucial step will enable the vaccine to help Ghanaian and African children to effectively combat malaria, said Oxford University

Harris pledges aid to Ghana amid security, economic concerns

With fears of terrorism and Russian mercenaries rippling through West Africa, Vice President Kamala Harris on Monday opened her weeklong trip to the continent by vowing support for Ghana, a democratic pillar in the region that's being squeezed by an economic crisis and security concerns. The visit was a high-profile show of support for Ghanaian President Nana Akufo-Addo, who faces rising discontent over inflation after previously overseeing one of the world's fast-growing economies. Under your leadership, Ghana has been a beacon of democracy and a contributor to global peace and security, Harris said during a joint press conference at the Jubilee House, the presidential palace in Accra. Harris announced $100 million in assistance for the region and pledged that the United States would be strengthening our partnerships across the continent of Africa. The administration also is requesting another $139 million from Congress to help Ghana reduce child labor, improve weather forecasting,

Ghana seeks Indian investment in oil and gas sector to become petroleum hub

BENGALURU, India (Reuters) - Ghana, which is struggling with its worst economic crisis in a generation, is seeking Indian investment in its oil and gas sector.

WHO stands by action of issuing alert against Maiden Pharma cough syrup

Asserts that testing done in labs in Ghana and Switzerland confirmed excess levels of contaminated syrups that are "dangerous and should not be in any medicine, ever"

IMF agrees to give Ghana $3 bn debt bailout to restore financial stability

The International Monetary Fund has agreed to give Ghana $3 billion to try to get the West African nation's debt under control, restore financial stability and help people most at risk from rising prices and other economic problems. The announcement this week say follows IMF officials' two-week visit this month to Ghana's capital Accra, where they discussed support for the country's policy and reform plans with authorities. Ghana has been struggling with high public debt, rising inflation and a weakening currency. At a press conference Tuesday, Finance Minister Ken Ofori-Atta said Ghana was committed to the programme and will work towards meeting the demands. He said the agreement will help restore economic stability, tackle price spikes and strengthen the currency. The Ghanaian authorities have committed to a wide-ranging economic reform programme, which builds on the government's Post-COVID-19 Program for Economic Growth (PC-PEG) and tackles the deep challenges facing the country,

Fifa World Cup: Korea through to last 16; Uruguay go out even after winning

Fifa World Cup 2022 Highlights: South Korea would be the biggest story of the night as they repeated the feat of their neighbours Japan after they beat Portugal 2-1, coming from 0-1 down. Uruguay out

Kudus scores 2, Ghana beats South Korea 3-2 at FIFA World Cup 2022

Mohammed Kudus scored twice, including the go-ahead goal after South Korea evened the match in the second half, and Ghana staved off elimination at the World Cup with a 3-2 victory on Monday. Mohammed Salisu also scored for the Black Stars, who lost their opening match against Portugal and were in need of points for a chance to reach the knockout round in Qatar. Down 2-0, Cho Geu-sung scored both of South Korea's goals about three minutes apart early in the second half to even the game at 2-2. But Kudus' low left-footed goal in the 68th minute sailed out of the reach of goalkeeper Kim Seung-gyu to give the Black Stars back the lead. Goalkeeper Lawrence Ati-Zigi preserved the victory with a leaping save off Cho's attempt in stoppage time. South Korea forward Son Heung-min remained without a goal in Qatar. The Tottenham forward wore a mask to protect a broken left eye socket he sustained in a Champions League game against Marseille earlier this month. South Korea coach Paulo Bento w

It wasn't penalty; Ronaldo used all his experience to win it: Wayne Rooney

The penalty helped Portugal break deadlock and, in the process, Ronaldo also became the first player in the history of world football to score goals in each of his five editions of the tournament

Ghana coach slams referee after Ronaldo's record FIFA World Cup goal

Ghana coach Otto Addo criticized the American referee who awarded the penalty that resulted in Cristiano Ronaldo's record goal at the World Cup, calling it a special gift. Ronaldo won and converted the second-half penalty, making him the first male player to score in five World Cups. Portugal went on to beat Ghana 3-2 on Thursday. If somebody scores a goal, congratulations. But this was really a gift. Really a gift, Addo said. What more can I say? (It was) a special gift from the referee. Addo's criticism of American referee Ismail Elfath was so direct that it could put him into trouble with FIFA. When asked what he thought was the reason for Ghana's narrow defeat, Addo responded: The referee. Addo felt Ghana defender Mohammed Salisu didn't foul Ronaldo for the penalty, and he complained that the officials didn't use VAR to make sure. Salisu's thigh appeared to make slight contact with Ronaldo's leg before the Portugal captain went sprawling to the ground. The 37-year-old Ronald

Fifa World Cup Highlights: Portugal, Brazil win as Uruguay draw vs Korea

Fifa World Cup Qatar 2022 Live Updates: Yet another Asian side shone as South Korea forced a draw out of fancied Uruguay. Portugal beat Ghana 3-2 while Brazil didn't have to sweat hard for 2-0 win

FIFA World Cup: Cristiano Ronaldo makes history, Portugal beats Ghana 3-2

Cristiano Ronaldo closed his eyes, took in a deep breath and then made World Cup history. The Portugal striker became the first male player to score at five World Cups with his 65th-minute penalty in a 3-2 win over Ghana on Thursday. Andre Ayew equalised for Ghana eight minutes later, but Joao Felix regained the lead for Portugal in the 78th and Rafael Leao added a third. Osman Bukari reduced Ghana's deficit in the 89th. The 37-year-old Ronaldo was looking to showcase his talents to potential new clubs after having his contract terminated at Manchester United this week. After wasting two good chances in the first half, he tumbled under a challenge by Ghana defender Mohammed Salisu to earn a penalty. Wheeling away after the ball struck the back of the net, a smiling Ronaldo performed his usual leap and swivel in the air the crowd roared his trademark SI-UUU as he did the pirouette before getting mobbed by teammates. He has now scored in every World Cup since his first in 2006 and

S Jaishankar discusses bilateral issues with Ghana, Comoros, Nicaragua

External Affairs Minister S Jaishankar on Tuesday continued hectic diplomatic parleys with top leaders from around the world on the sidelines of the high-level UN General Assembly session here and discussed issues ranging from counter-terrorism cooperation to COVID-19. He called on Ghana President Nana Akufo-Addo and "discussed our ongoing cooperation in the UN Security Council, especially on counterterrorism". Jaishankar tweeted that he "appreciated the achievements of our development partnership". In his meeting with Comoros President Azali Assoumani, Jaishankar welcomed his appreciation for India's outreach in combating Covid-19 and dengue. "Discussed taking forward our development partnership and working together on maritime security," he tweeted. After his meeting with Foreign Minister Denis Moncada of Nicaragua, Jaishankar tweeted, "Interesting discussion on the global situation and its multilateral implications.

Ghana confirms first two cases of deadly Marburg virus disease

Ghana has confirmed the country's first two cases of Marburg virus disease (MVD), the Ghana Health Service (GHS) has said.