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The Latest Breaking News from Ghana

Ghana Scraps IMF-linked 'Nuisance' Taxes

Ghana's new government on Tuesday announced it was scrapping several Covid-era taxes introduced in an effort to secure IMF financing, citing the economic hardship placed on ordinary citizens.

International Business Times

Ghana and Côte d'Ivoire strengthen ties with joint maritime patrols

Ghana and Côte d'Ivoire have reached an agreement to conduct regular joint inspections along their shared international maritime boundary, in compliance with the ruling of the International Tribunal for the Law of the Sea (ITLOS).

Radio France Internationale

Nigeria Seeks To Cash In On Soaring Cocoa Prices

Booming cocoa prices are stirring interest in turning Nigeria into a bigger player in the sector, with hopes of challenging top producers Ivory Coast and Ghana, where crops have been ravaged by climate change and disease.

International Business Times

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Ghana needs more young farmers, but does climate change put them off? Study shows surprising results

Ghana has a high youth unemployment rate of up to 13.9%. For those young Ghanaians who do have jobs, more than 50% are underemployed – working in jobs that are low paid or which don’t allow them to use all their skills or education.

The Conversation

‘People cry, get angry’: remembering the enslaved in Ghana’s remarkable sculpture park

Kwame Akoto-Bamfo started by shaping one clay head in 2009. Now thousands are displayed at the Nykyinkyim Museum, each representing an African who was lost to slavery

The Guardian - UK

What are the origins of the Asante’s famous kente cloth? I traced its history to find out

Kente is a prestigious royal cloth of Ghana’s Asante people, part of their historical and cultural heritage. But there’s a debate about where it originated: the Bonwire community or the Adanwomase community in the Ashanti Region. The Conversation Africa spoke to African art and culture researcher Dickson Adom about the…

The Conversation

Supply Concerns Support Cocoa Prices

May ICE NY cocoa (CCK25 ) Thursday closed up +25 (+0.27%), and May ICE London cocoa #7 (CAK25 ) closed up +3 (+0.04%). Cocoa prices Thursday settled slightly higher. Lingering supply concerns are underpinning cocoa prices after the plunge seen on Monday and last Friday to 3-1/4 month lows, which...

Barchart

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Cocoa Prices Slightly Higher on Supply Concerns

May ICE NY cocoa (CCK25 ) today is up +29 (+0.31%), and May ICE London cocoa #7 (CAK25 ) is up +8 (+0.11%). Cocoa prices today are slightly higher. Lingering supply concerns are underpinning cocoa prices after the plunge seen on Monday and last Friday to 3-1/4 month lows, which...

Barchart

Lingering Supply Concerns Lift Cocoa Prices

May ICE NY cocoa (CCK25 ) Wednesday closed up +425 (+4.83%), and May ICE London cocoa #7 (CAK25 ) closed up +350 (+4.93%). Cocoa prices Wednesday rebounded higher for a second session on lingering supply concerns after the plunge seen on Monday and last Friday to 3-1/4 month lows, which...

Barchart

Short-Covering Boosts Cocoa Prices for a Second Session

May ICE NY cocoa (CCK25 ) today is up +363 (+4.12%), and May ICE London cocoa #7 (CAK25 ) is up +313 (+4.41%). Cocoa prices today rebounded higher for a second session on some short-covering after the plunge seen on Monday and last Friday, which was driven by concern about...

Barchart

Ghana pays for the west’s wastefulness

Letter: The Kantamanto market fire highlighted to Miah Redmond that the country’s future should not be built on the waste of others, but on its own industries

The Guardian - UK

Desperate journeys: Ghanian youth risk death for a future in Europe

Despite the risks, many Africans, including Ghanaians, continue to embark on perilous journeys across the Sahara Desert and the Mediterranean Sea in search of better opportunities in Europe, driven by economic hardship. Often relying on irregular migration routes, these young people become highly vulnerable to exploitation, and tragically, many lose…

Radio France Internationale

‘Dead white person’s clothes’ mount up as Ghana’s Kantamanto market struggles to rebuild after fire

Six weeks after a devastating blaze in Accra ripped through one of the world’s biggest secondhand markets, many stalls remain unfinished and thousands still have no income

The Guardian - UK

India bans drugs blamed for opioid crisis in West Africa

Aveo Pharmaceuticals is accused of illegally exporting banned combination of tapentadol and carisoprodol to Nigeria, Ghana and Ivory Coast

The Independent UK

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The Independent UK

They told her women shouldn’t box. Now she’s Ghana’s first female world champion

When Abigail Kwartekaa Quartey decided as a teenager to become a professional boxer, her family begged her to stop training

The Conversation

Kumasi was called the garden city – but green spaces are vanishing in a clash of landuse regulations

Urban parks in Kumasi, the capital city of Ghana’s Ashanti region, are fast disappearing or in decline. Kumasi was designed 60 years ago as a “garden city”, with green belts, parks and urban green spaces. These have been encroached on by developments and are in a poor condition.

The Conversation

Why is there so much gold in west Africa?

Militaries that have taken power in Africa’s Sahel region – notably Mali, Burkina Faso and Niger – have put pressure on western mining firms for a fairer distribution of revenue from the lucrative mining sector.

Barchart

Cocoa Prices Fall Back After This Week's Rally

March ICE NY cocoa (CCH25 ) today is down -245 (-2.36%), and March ICE London cocoa #7 (CAH25 ) is down -156 (-1.91%). Cocoa prices fell back today after the rally seen earlier this week. Coffee prices rallied earlier this week due to West African cocoa crop concerns. Cocoa farmers...

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Barchart

Cocoa Prices Finish Sharply Higher on Excessive Dryness in West Africa

March ICE NY cocoa (CCH25 ) Thursday closed up +375 (+3.75%), and March ICE London cocoa #7 (CAH25 ) closed up +164 (+2.05%). Cocoa prices rallied sharply on Thursday due to West African cocoa crop concerns. Cocoa farmers in the Ivory Coast and Ghana, the world's two biggest cocoa-producing countries,...

Barchart

West African Crop Concerns Underpin Cocoa Prices

March ICE NY cocoa (CCH25 ) today is up +397 (+3.97%), and March ICE London cocoa #7 (CAH25 ) is up +175 (+2.19%). Cocoa prices today are sharply higher on West African cocoa crop concerns. Cocoa farmers in the Ivory Coast and Ghana, the world's two biggest cocoa-producing countries, said...

AAP

Add it to the List: Aussie's full-circle Tiger moment

Ghana-raised Australian Danny List will complete a full circle moment at Torrey Pines when he makes his PGA Tour debut thanks to an invite from Tiger Woods.

International Business Times

How To Trade Cryptocurrency To Cash Within Minutes With Nosh

Based in the digital marketplaces of Nigeria and Ghana, Usenosh is streamlining trade for over 250,000 users with trust and transparency.

Barchart

Dollar Strength Sparks Long Liquidation in Cocoa Futures

March ICE NY cocoa (CCH25 ) Wednesday closed down -125 (-1.23%), and March ICE London cocoa #7 (CAH25 ) closed down -55 (-0.68%). Cocoa prices Wednesday gave up an early advance and posted moderate losses after a rally in the dollar index (DXY00 ) to a 1-week high sparked long...

The Independent UK

Valentine’s Day chocolate prices are soaring. Here’s why

The traditional romantic gift may become a luxury

Barchart

Dollar Strength Weighs on Cocoa Prices

March ICE NY cocoa (CCH25 ) today is down -69 (-0.68%), and March ICE London cocoa #7 (CAH25 ) is down -2 (-0.02%). Cocoa prices today gave up an early advance and fell moderately after a rally in the dollar index (DXY00 ) to a 1-week high sparked long liquidation...

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