Chinese heavy machinery manufacturer Kaiyuan has signed a landmark Memorandum of Understanding (MoU) to establish a major truck assembly facility in Ghana, marking another significant step in the country’s industrialization and automotive manufacturing agenda. The agreement was finalized in Lianshan, China, during a high-level trade forum focused on strengthening industrial cooperation and boosting manufacturing capacity […]

Ghanaian cedi weakened by 8.4% against the US dollar during the first five months of 2026, falling from an average rate of GH¢10.95 in January to GH¢11.4125 by mid-May, according to the latest data from the Bank of Ghana. The May 2026 Summary of Economic and Financial Data shows that this depreciation is more pronounced […]

The Boot of Cortez, recognized as the largest surviving natural gold nugget in the Western Hemisphere, is set to headline a major auction on June 12, 2026, in the Phoenix metropolitan area. The historic specimen will be auctioned by EJ’s Auction & Appraisal and is expected to fetch between $3 million and $7 million, reflecting […]

Victor Emmanuel Smith, Ghana’s Ambassador to the United States, has called for stronger and more purposeful partnerships between Ghana and the United States, emphasizing the need to move beyond traditional aid toward investment-led collaboration and sustainable development. Speaking at the Ghana–Seattle Forum in Seattle, the Ambassador explained that relations between the United States and Africa […]

Traders dealing in ginger at Nana Bosoma Central Market are appealing to the government to address the persistent rise in the price of the crop. According to the traders, the situation is being driven in part by increased demand from herbal practitioners, who are purchasing ginger in large quantities for medicinal use. They say this […]

In a landmark achievement for sustainable transport in Africa, a team of engineers from Stellenbosch University and the Kenyan startup Roam completed a 6,000-kilometer solar-powered journey from Nairobi to Stellenbosch. The expedition, carried out in 2024, showcased the potential of locally developed electric mobility solutions tailored to the continent’s unique conditions. The journey, which lasted […]