Energy

PHDC signs US$28bn deal for Jomoro petroleum hub

Kingsley Webora TANKEH Published 12 minutes ago 3 min read 0 The Petroleum Hub Development Corporation (PHDC) has signed a US$28billion investment agreement with an international consortium led by Global Sphere to develop the second lot of Ghana’s petroleum an…

PHDC signs US$28bn deal for Jomoro petroleum hub

Kingsley Webora TANKEH Published 12 minutes ago 3 min read 0 The Petroleum Hub Development Corporation (PHDC) has signed a US$28billion investment agreement with an international consortium led by Global Sphere to develop the second lot of Ghana’s petroleum and petrochemical hub project at Jomoro in Western Region, with construction expected to begin first quarter-2027. Published by Juliet Etefe 0 views News BoG trains journalists on monetary policy, financial markets The Bank of Ghana (BoG) is training financial journalists on monetary policy, foreign exchange market developments and inflation dynamics as it seeks to improve public understanding of central bank decisions and their implications for the economy. 2 hours ago News Firms’ failure to disclose owners threaten AML rating The country’s efforts to safeguard its international anti-money laundering standing face risks from businesses failing to disclose their ultimate beneficial owners, Registrar of Companies Maame Saama Peprah has warned. 22 hours ago News Steve Kyerematen honoured by AIO Veteran insurance executive and diplomat, Steve Kyerematen, has been honoured by the African Insurance Organisation (AIO) for his pioneering role in establishing the AIO African Reinsurance Forum, a platform created in 1995 to strengthen the continent’s reinsurance capacity. yesterday News Africa’s automotive ambitions gain momentum as investment forum secures strategic industry deals African leaders, policymakers, and industry executives have renewed efforts to accelerate the continent’s automotive industrialisation agenda after the inaugural Africa Automotive Investment Forum in El Alamein, Egypt, where stakeholders highlighted investment opportunities, regional value chains, and cross-border partnerships to transform Africa into a competitive vehicle manufacturing hub. 8 hours ago

Source: Business & Financial Times

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