2008

A new West African gas pipeline has begun pumping Nigerian gas to Ghana, where new gas-fired power generation should start up as early as January, companies involved in the project said. The $620 million, 678 km (420 mile) pipeline has…

The gunman captured in last month's Mumbai attacks had originally intended to seize hostages and outline demands in a series of dramatic calls to the media, according to his confession obtained Saturday by The Associated Press. Mohammed…

The continent of Africa is likely to benefit from a fund that has been launched in Europe to invest in companies that capture and remove greenhouse gases from the atmosphere, a story on the website of Fin Alternatives has said. According…

Shares of oil companies rose on Thursday along with the price of crude, a week ahead of an anticipated production cut by OPEC. Crude oil prices rose $4.10, or 9.5 percent, to $47.61 on Thursday, as the dollar continued to lose value,…

Ghana's annual inflation rose to 17.4 percent in November from 17.3 percent in October, breaking a four-month downward trend, data from the Ghana Statistical Service showed on Friday, December 12, 2008. Annual inflation in the West African…

Ghana's petroleum authority cut fuel prices by 17 percent from Friday, prompting opposition allegations that the ruling party was using its influence to buy votes ahead of a Dec. 28 presidential election run-off. The cut, announced on…

General Motors Corp. said Friday it will temporarily close 20 factories across North America and make sweeping cuts to its vehicle production as it tries to adjust to dramatically weaker automobile demand. GM said it will cut 250,000…

Ghana’s forests have been vanishing at alarming rates. But it appears Ghana’s major stakeholders, particularly the politicians, lack the political will to act to save the forests. The country’s rich forests contribute about five to eight…

The Minister of State for Finance and Economic Planning Dr. Anthony Osei Akoto has said the 45 million US dollars funds provided by the World Bank (WB) for Small Medium Scale Enterprise (SMSEs) in the country, is expected to be disbursed…

­MTN Ghana has been caught in a political fuss after PrePay top-up cards were distributed which seemed to be promoting a political candidate for the forthcoming Presidential elections. Scratch cards, similar to MTN recharge vouchers with…