Harith General Partners (Harith) and Africa Finance Corporation (AFC), two preeminent institutional investors based in Africa, have merged their power sector assets, expertise and experience to create a new energy entity combining both renewable and non-renewable power generating assets in Africa.
Ghana’s government is expected to begin a detailed revaluation of the fixed assets of the Electricity Company of Ghana (ECG), today.
The Eranove group has announced that two companies of which it is the majority shareholder have been awarded prizes by EMEA Finance magazine at a ceremony held in London.
Ghana’s Minority in Parliament, once again, chastised the management of the Ghana National Petroleum Corporation (GNPC) for what they said was profligate expenditure.
General Electric (GE) together with the Mara Group and Atlas Merchant Capital are leading an initiative to create a joint venture dedicated to investing in the highly underdeveloped African infrastructure sector.
Beneficial Ownership Disclosure which is critical in reducing high level corruption and improving transparency and accountability in the oil and gas sector is conspicuously missing in the current Exploration and Production (E and P) Bill lying before the Parliament of Ghana.
The Overseas Private Investment Corporation (OPIC), the U.S. government’s development finance institution, and the Renewable Energy Performance Platform (REPP) have announced an agreement to facilitate cooperation on renewable energy projects in Sub-Saharan Africa.
Greenpeace, a leading non-governmental environmental organization with offices in over 40 countries has reacted angrily to a statement by CEO Brain Molefe, Eskom, a South African electricity public utility provider.
Shareholders of Ghana Oil Company Limited (GOIL) are set to benefit from a 25 percent increase in dividend following a growth in profit after tax of 10.4 percent.
The Executive Chairman of Fuel Trade Limited, Chris Chenebuah has been named Entrepreneur of the Year 2015 at the Ghana Entrepreneur and Business Support Awards held in Accra over the weekend.
