china
China has granted Ghana two concessional financial facilities totalling 100 million Chinese yuan, approximately $14.65 million.
China's Sinopec has offered to make a joint bid with Ghana's national oil company for Kosmos Energy's stake in the huge Jubilee oilfield off the coast of the country.
The Managing Director of Stanbic Bank Ghana, Mr Alhassan Andani, has called on African countries to adopt a long-term approach and set up their own criteria in dealings with China.
The GNPC has given the strongest indication yet that it is going to acquire Kosmos' stake in the Jubilee oil fields.
Exxon Mobil Corp.’s agreed purchase of the Ghana oil assets of Kosmos Energy LLC may be thwarted by the West African country’s state-owned energy company.
China also wants to dip her hand in Ghana's new found oil. China being world's second largest oil consumer is looking into Ghana and Guinea to help fuel its economy.
The China National Offshore Oil Company has expressed its willingness to partner the Ghana National Petroleum Corporation to strengthen its capacity and operations for oil and gas production in the country. He was of the view that Ghana had the potential to enhance its economic development because of its abundant resources and good leadership.
President John Evans Atta Mills has called on the President of the Eastern Regional House of Chiefs and other appropriate committees to mediate in the Okuapeman chieftaincy dispute which is hindering development in the area.
Ghana announced last Friday that it had applied for a $2 billion loan from China for development projects, in a move that could deepen Beijing's presence in one of West Africa's most advanced economies.
The Monetary Policy Committee (MPC) of the Bank of Ghana (BoG) has started its quarterly meeting to review the national economy.
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