Ghana Minute.
Monday, 14 September 2026
Ghana’s news, on the hour · Est. 2026
Monday, 14 September 2026
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Mining & Energy

Uranium, diamonds, oil & gas, green hydrogen.

Today

  1. NPA raises fuel price floor from September 16

    Ghana's National Petroleum Authority has increased the petrol price floor to GH¢16 per litre and diesel to GH¢16.77 per litre effective September 16, up from GH¢14.53 and GH¢15.60 respectively. Industry analysts expect oil marketing companies to pass on these increases to consumers at the pump.

    6 hours ago · Joy Online

  2. Gold Fields Ghana awards scholarships to 150 tertiary students

    Gold Fields Ghana Limited awarded scholarships to 150 tertiary students from its host communities, with 86 female beneficiaries and 50 who completed basic education in host community schools. Since the scholarship programme's establishment, 3,092 students have benefited.

    11 hours ago · Daily Guide

  3. Eni and Vitol sign MoUs for two offshore blocks in Ghana

    Eni Ghana and Vitol Upstream Tano Ltd have signed Memoranda of Understanding with the Government covering two offshore blocks (GH WB three and GH WB eight) in Ghana's Tano Basin, covering approximately 2,100 square kilometres. The agreements pave the way for finalisation of Petroleum Agreements and align with Eni's Infrastructure-Led Exploration strategy to leverage existing infrastructure and proximity to established producing areas.

    13 hours ago · The Ghanaian Times

  4. Attack on Strait of Hormuz ship threatens global oil supplies

    A vessel in the Strait of Hormuz was hit by a projectile and caught fire, prompting crew evacuation, as Saudi Arabia closed its East-West pipeline after a drone attack. The disruptions raise concerns about Middle East energy supplies, which have already sent Brent crude above $100 a barrel.

    15 hours ago · The Ghanaian Times

  5. Ghana and China agree to combat illegal mining operations

    Ghana and China have agreed to deepen cooperation to tackle illegal mining, with both sides committing to ensure Chinese companies and nationals operating in Ghana comply with the country's laws. The cooperation will also cover green mining technology, environmental protection, technology transfer, and geological mapping, with both countries establishing a technical team to oversee implementation.

    17 hours ago · Joy Online

  6. Oil prices surge 2%+ amid Houthi strikes and supply disruptions

    Oil prices jumped more than 2% on Monday following new Houthi strikes on Saudi Arabia and Iranian attacks on ships in the Gulf, compounded by the closure of a key Saudi oil pipeline that threatens up to 4% of global oil supply. Brent crude futures rose $2.90 to $107.51 per barrel and WTI futures rose $2.27 to $102.32 per barrel.

    20 hours ago · Joy Online

Yesterday

  1. Ghana and China agree to strengthen fight against illegal mining

    Ghana and China have agreed to strengthen cooperation in the fight against illegal mining, geological exploration, and responsible investment, with discussions on how to ensure Chinese nationals and companies meet standards in Ghana's mining sector. The cooperation will also cover green mining, environmental protection, technology transfer, geological surveys and mapping.

    13 September 2026 · Joy Online

  2. Ship attacked in Strait of Hormuz amid pipeline closure fears

    Maritime trackers reported a projectile hit a vessel in the Strait of Hormuz on Sunday, with the crew evacuated after a fire broke out. The incident follows Saudi Arabia's temporary closure of its East-West pipeline after a drone attack, raising concerns about global oil supply disruptions as Brent crude surges above $100 a barrel.

    13 September 2026 · Joy Online

  3. Energy sector inefficiencies deepening Ghana's fiscal inequality

    ACEP's Ben Boakye warns that Ghana's energy sector inefficiencies are draining public finances and worsening inequality. He notes ECG records losses of more than GH¢20 billion annually, with government increasingly relying on borrowing to finance power obligations.

    13 September 2026 · Joy Online

  4. ECG losses worsen despite over $700 million government investment

    ACEP Executive Director Ben Boakye says the Electricity Company of Ghana's losses have risen from about 21 per cent to nearly 30 per cent despite more than $700 million invested in projects, with ECG making losses exceeding GH¢20 billion annually that drain the national budget.

    13 September 2026 · Joy Online

Saturday 12 September

  1. IPP contracts partly blame for Ghana's energy problems—TUC

    TUC Deputy Secretary General Dr Kwabena Nyarko Otoo attributes part of Ghana's energy-sector challenges to contractual arrangements with Independent Power Producers, and questions why government commissioned an IMF assessment of ECG without consulting workers and organised labour, given the IMF's advocacy for privatisation.

    12 September 2026 · Joy Online

Friday 11 September

  1. Ghana commits to local mineral processing over raw ore exports

    Ghana's Ambassador to China, Kojo Bonsu, said the government will not back down on pursuing local beneficiation of mineral resources, including refining bauxite to alumina and developing processing capacity, rather than exporting raw materials. He said Ghana has made a deliberate choice to move away from exporting raw ore and instead develop the capacity to process minerals locally, while working with investors aligned with this policy direction.

    11 September 2026 · Joy Online

  2. Middle East conflict drives global coal demand to record high

    The International Energy Agency forecasts global coal demand will rise 1.2% in 2026 to a record 8.94 billion tonnes, driven by disruptions to oil and liquefied natural gas shipments through the Strait of Hormuz since the U.S.-Iran war began, encouraging higher coal-based electricity generation in countries with spare coal capacity. Future demand depends on whether shipping traffic through Hormuz recovers; if the strait remains largely closed to LNG shipments, coal demand could increase further.

    11 September 2026 · Joy Online

  3. Eni, Vitol sign MoUs for two Ghana Tano Basin blocks

    Eni Ghana and Vitol Upstream Tano Ltd have signed Memoranda of Understanding with the Government of Ghana for offshore petroleum blocks GH WB 3 and GH WB 8 in the Tano Basin, covering approximately 2,100 square kilometres, paving the way for finalisation of Petroleum Agreements.

    11 September 2026 · The Chronicle

  4. Minerals Commission drafts wage floors for mining contractors

    Ghana's Minerals Commission is developing minimum wage and tender benchmarks for contract mining firms to prevent underbidding and protect worker pay, as the country requires miners to shift surface operations to Ghanaian-owned contractors and underground operations to joint ventures with at least 50% local ownership by December 31.

    11 September 2026 · Joy Online

Thursday 10 September

  1. Middle East conflict drives oil above $100, raising global inflation risks

    Oil prices have jumped to $105 a barrel as US-Iran conflict intensifies and the Strait of Hormuz faces effective closure, while US and UK long-term borrowing costs have surged to their highest level in decades. Analysts warn that rising energy and borrowing costs are placing pressure on financial markets and the global economy.

    10 September 2026 · Joy Online

  2. Eni, Vitol sign offshore exploration agreements with Ghana

    Eni Ghana and Vitol Upstream Tano Ltd have signed Memoranda of Understanding with Ghana's government covering two offshore blocks (GH WB 3 and GH WB 8) in the Tano Basin, covering approximately 2,100 square kilometres at water depths of 750–2,800 metres. The agreements are expected to lead to finalisation of Petroleum Agreements and align with Eni's strategy to leverage existing infrastructure for exploration.

    10 September 2026 · Joy Online

  3. Ghana signs offshore oil exploration deals with Eni and Vitol

    Ghana has signed Memoranda of Understanding with Eni Ghana and Vitol Upstream Tano Ltd covering offshore acreages in the Tano Basin, expected to lead to final Petroleum Agreements and unlock the country's remaining hydrocarbon potential. The two blocks cover approximately 2,100 square kilometres, with a proposed investment of US$1.5 billion following a Memorandum of Intent signed in 2025.

    10 September 2026 · Joy Online

  4. Ghana urges Chinese investors to invest beyond raw mineral extraction

    Ghana's Minister for Lands and Natural Resources, Emmanuel Armah-Kofi Buah, has called for deeper mining partnerships with China that prioritize processing, technology transfer, skills development and local supply chains, rather than the extraction and export of raw minerals. The government seeks to ensure greater value is retained in Ghana while creating industries, jobs and building local expertise.

    10 September 2026 · Joy Online

  5. Ghana's electricity generation declines monthly but grows year-on-year

    Ghana's total electricity generation fell 3.99% in July 2026 compared to June, declining from 2,413.30 GWh to 2,317.13 GWh, though it was 6.20% higher than July 2025. Thermal power dominated generation at 74.33% of the mix, while the Public Utilities Regulatory Commission highlighted the need to monitor generation availability and fuel supply for reliable electricity provision.

    10 September 2026 · Joy Online

  6. Ghana seeks Chinese mining partnerships beyond raw material export

    Ghana's Lands and Natural Resources Minister called for deeper mining partnerships with China, urging Chinese investors to support mineral processing, technology transfer, skills development and industrialisation rather than raw material exports. The government aims to build local expertise, industries and stronger communities through value addition in mining.

    10 September 2026 · Joy Online

  7. Ghana pitches critical minerals sector to Australian investors

    At the 2026 Africa Down Under Summit in Perth, Ghana's representatives presented the country's fast-growing critical minerals sector to Australian investors, emphasizing opportunities in lithium, bauxite, iron ore and base metals while positioning Ghana as a stable, reform-driven hub for the global energy transition and moving beyond traditional gold production to value-added mining.

    10 September 2026 · Joy Online

  8. Ghana's Lands Minister urges Zijin Mining to expand African operations

    Minister Emmanuel Armah-Kofi Buah visited China to encourage Chinese mining giant Zijin Mining Group to make Ghana a focal point for its exploration and investment across Africa, positioning the country as a major mining investment hub on the continent. Armah-Kofi Buah emphasized Ghana's readiness to establish a long-term, mutually beneficial partnership with Zijin, citing the company's recent support for government initiatives including degraded mining lands reclamation.

    10 September 2026 · The Chronicle

  9. Dangote's planned 700,000-barrel-per-day Kenyan refinery faces crude supply hurdles

    Billionaire Aliko Dangote is planning to build a $15–16 billion refinery in Lamu, Kenya, with a 700,000-barrel-per-day capacity and expected completion by 2030, but securing crude supply poses a challenge since Kenya currently has no commercial oil output, unlike Nigeria where Dangote's existing refinery operates.

    10 September 2026 · Joy Online

  10. Brent crude holds above $100 amid tanker attacks

    Brent crude futures held firm at $101.10 a barrel as Iran and the U.S. launched their largest attacks on shipping in their six-month-old conflict, with traders bracing for deeper supply disruptions. Oil flows through the Strait of Hormuz remain far below pre-war levels, and Brent prices have surged nearly 30% from early August lows as a permanent ceasefire agreement failed to materialize.

    10 September 2026 · Joy Online

Wednesday 9 September

  1. A Plus leads AKA Energy delegation on 270MW solar project

    MP Kwame Asare Obeng (A Plus) led a delegation from AKA Energy Systems to meet President Mahama on September 8 to inform him of plans for a 270-megawatt solar energy project to power the Gomoa Special Economic Zone and Gomoa Eco Park, with Phase One targeted for completion by end of 2027.

    9 September 2026 · The Ghanaian Times

  2. Brent crude breaches $100 amid Middle East shipping attacks

    Brent crude futures rose above $100 a barrel for the first time since late July as Iran and the U.S. escalated attacks on tankers in the Strait of Hormuz, with Iran reporting strikes on 10 ships and the U.S. sinking five Iranian oil tankers. Oil markets are reassessing expectations for how long supply disruptions from the region will persist.

    9 September 2026 · Joy Online

  3. Ghana's electricity generation down 3.99% month-on-month in July

    Ghana's electricity generation declined 3.99% month-on-month in July 2026 but grew 6.20% year-on-year, according to a Public Utilities Regulatory Commission Fact Sheet. The report notes sustained annual growth despite seasonal decline, with thermal power remaining the dominant generation source at 74.33% of total output.

    9 September 2026 · Joy Online

  4. Oil hits $100 barrel for first time since July ceasefire

    Brent crude climbed past $100 a barrel on Wednesday, driven by fresh US-Iran strikes and continuing Houthi attacks on Saudi facilities and Red Sea tankers. The price reflects the highest level since the Iran-US ceasefire collapsed in late July.

    9 September 2026 · Joy Online

  5. Brent crude exceeds $100 as Middle East conflict deepens

    Brent crude oil futures surpassed $100 a barrel on Wednesday, a more than six-week high, amid intensifying Middle East conflict that threatens oil flows from the region. Prices have risen a quarter since early last month as the six-month-old U.S.-Iran conflict continues, with recent Houthi attacks on Saudi energy facilities and crude shipments via the Red Sea raising supply concerns.

    9 September 2026 · Joy Online

  6. Ghana must own energy crisis, not defer to IMF — PUWU

    The Public Utilities Workers Union has urged the government to take greater ownership of Ghana's energy sector challenges rather than relying heavily on IMF and World Bank prescriptions, and questioned why Independent Power Producers' pricing was not receiving greater attention in sector reform discussions.

    9 September 2026 · Joy Online

  7. Union urges IMF and World Bank to address IPP pricing

    The Public Utilities Workers Union has challenged the IMF and World Bank to broaden their focus on Ghana's energy crisis to include the pricing structure of Independent Power Producers, arguing that IPP agreements and generation costs are key concerns that must be addressed for lasting energy sector stability.

    9 September 2026 · Joy Online

  8. Ghana can resolve energy sector without heavy IMF reliance – PUWU

    The Public Utilities Workers Union argues Ghana has capacity to address its energy challenges independently, suggesting focus on structural problems like power generation costs and Independent Power Producer agreements rather than external financing. The IMF estimates a US$1.1 billion sectoral financing shortfall in 2026 due to collection losses and costly generation contracts.

    9 September 2026 · Joy Online

  9. Oil nears $100 amid Middle East tensions and supply fears

    Oil prices rose for the fourth consecutive session as renewed Middle East attacks, including Iranian-backed Houthi strikes on Saudi cities and U.S. strikes on Iranian tankers, heightened concerns about supply disruptions. Brent crude reached $99.33 a barrel, up 1.4%, as analysts warn the market continues to price in a "sizeable risk premium" with peace talks still distant.

    9 September 2026 · Joy Online

Tuesday 8 September

  1. Tariff increases alone won't fix ECG's operational problems

    A senior analyst at the Institute for Energy Security says electricity tariff increments alone may not resolve operational challenges at the Electricity Company of Ghana, arguing that the focus should instead be on addressing commercial and technical losses—which stood at about 26% in 2025—and upgrading obsolete infrastructure within the distribution network.

    8 September 2026 · Joy Online

  2. Zijin Mining chief praises Ghana, commits to deeper investment

    Zijin Mining Group president Lin Hongfu praised Ghana's business environment and government support, saying the company's expansion into the country following its acquisition of the former Newmont Golden Ridge Gold Mine at Akyem has been successful. He attributed the company's progress partly to cooperation from the Ghanaian government, particularly the Ministry of Lands and Natural Resources.

    8 September 2026 · Joy Online

  3. Lands minister calls Zijin Mining to expand from Ghana across Africa

    Ghana's Minister for Lands and Natural Resources urged Zijin Mining Group to make Ghana a strategic base for expanding operations across Africa, calling for a long-term partnership that would benefit both the company and the country during his visit to China.

    8 September 2026 · Joy Online

  4. Ghana's lands minister backs Zijin's environmental mining model

    Minister Emmanuel Armah-Kofi Buah has urged Ghanaian mining companies to adopt the environmental practices of Zijin Mining Group, which integrates mine reclamation, environmental conservation and tourism at its operations in China. He said mining firms must make road construction, water protection and land restoration integral to their work.

    8 September 2026 · Joy Online

  5. Lands minister courts Chinese firm for Ghana mining green technology

    Minister for Lands and Natural Resources Emmanuel Armah-Kofi Buah visited Chinese environmental protection company Longking to explore advanced green technologies for Ghana's mining sector, touring electric trucks and environmental installations, and invited the company to establish operations in Ghana.

    8 September 2026 · Joy Online

  6. GIISDEC collects scrap metals within NAIMOS operational areas

    The Ghana Integrated Iron and Steel Development Corporation (GIISDEC) has intensified efforts to collect and manage scrap metals within areas covered by the National Anti-Illegal Mining Operations Secretariat, supporting cleaner mining operations and Ghana's iron and steel industry. An estimated 100 metric tons of scrap metal have been collected from sites in the western, western-north, ahafo, eastern, and ashanti regions.

    8 September 2026 · Joy Online

  7. Dangote refinery plans $14.3 billion expansion, prepares Africa's largest IPO

    Nigeria's Dangote refinery plans to spend $14.3 billion to double its processing capacity to 1.4 million barrels per day by 2029, and has signed documents for an IPO aimed at raising 2.15 trillion naira ($1.63 billion), with trading expected to begin in late November.

    8 September 2026 · Joy Online

  8. Oil prices rise amid prolonged Middle East conflict risks

    Oil prices climbed on Tuesday as Iran threatened retaliation against U.S. attacks, escalating concerns over supply disruption in the Middle East. Brent crude futures rose 0.5% to $97.49 a barrel and U.S. West Texas Intermediate crude gained 1.6% to $92.92 a barrel.

    8 September 2026 · Joy Online

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