Debt Exchange Programme: Government reaches new agreement with banks

The Government and the Ghana Association of Banks, GAB, have made significant progress on the terms of participation of Banks in the Domestic Debt Exchange Programme. A joint statement issued by the Finance Ministry and GAB, said there has been an agreement to pay five percent coupon for 2023 and a single coupon rate for […]

Uganda to start drilling first oil well

Uganda to start drilling first oil well

SOURCE: BBC NEWS Uganda will on Tuesday start drilling its first oil well in the Kingfisher oil field, the state petroleum agency said. It is hoped that by 2025 the first of a potential 1.4 billion barrels of oil will be pumped from wells across the mid-western region. “Today we mark another milestone and move […]