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Gold Board secures $1bn deal to boost responsible mining in Ghana
The Ghana Gold Board has entered into a partnership with Goldstream Global DMCC to attract a US$1 billion investment into the country’s mining sector.
Chief Executive Officer of the Board, Sammy Gyamfi, disclosed at the 2025 Minerals and Mining Convention that the Memorandum of Understanding (MoU) was signed on August 22, 2025.
The agreement, he explained, will pave the way for the establishment of more than 300 responsible mines across the country.
The project will be carried out in collaboration with concession owners, the Ministry of Lands and Natural Resources, and allied agencies.
Mr Gyamfi said the initiative is expected to increase Ghana’s gold output, create thousands of jobs, and ensure that mining is done in a more sustainable and environmentally friendly manner.
He emphasised that the partnership forms part of the Gold Board’s commitment to transform small-scale mining, curb illegal operations, and maximise the benefits of the sector for national development.
By: Jacob Aggrey
The Accra High Court of Ghana has granted bail in the sum of GH¢30 million to Frederick Kumi, popularly known as Abu Trica, in a major development in his ongoing extradition case.
Abu Trica as part of the bail condition is expected to provide two sureties.
His lawyer, Oliver Barker-Vormawor, disclosed the decision in a Facebook post on Tuesday.
Frederick Kumi, also known as Abu Trica, has been at the centre of a prolonged legal process to extradite him.
The latest ruling allows him temporary freedom while legal proceedings continue.
His legal team is expected to provide further updates on the next steps in court.
By: Jacob Aggrey
The Public Accounts Committee (PAC) today commenced its second Zonal Public Hearing in Kumasi Ashanti Region to examine the 2024 Auditor-General’s Report on public schools and District Assemblies yesterday, April 20, 2026.
In her opening remarks, the Chairperson of the Committee, Abena Osei Asare noted that the Committee will consider four (4) Auditor – General’s reports, namely, District Assembly Common Fund (DACF) & Other Statutory Funds, The Accounts of District Assemblies for the Financial Year (IGF), Pre-University Education Institutions and lastly Colleges of Education in the year ending 31st December 2024.
She assured the various District Assemblies and other institutions invited to respond to infractions cited in the Auditor-General’s report that the Committee would be transparent in asking questions as well as granting opportunities to all to explain issues to the Committee.
Abena Osei Asare, allowed the Ranking Member of the Committee, Samuel Atta Mills to chair the sitting with the explanation that her government was in power then, therefore she could not chair over Auditor-General reports of 2024.
