Blog

The Ministry of Lands and Natural Resources has unveiled comprehensive reforms to Ghana’s mining laws, targeting increased community benefits and environmental responsibility. Key changes include: Introduction of a medium-scale mining license category to bridge the gap between small-scale and large-scale operations. Mandatory community development agreements for all mining companies. A requirement for revenue-sharing with local communities, aimed at ensuring residents benefit directly from natural resource exploitation. Stricter timelines for license […]

In a bold move to bring oversight to the fast-growing digital asset space, the Bank of Ghana (BoG) has released a draft regulatory framework for Virtual Asset Service Providers (VASPs). The document outlines rules for licensing, operations, consumer protection, anti-money laundering compliance, and cybersecurity standards. The central bank stated that the regulation aims to protect users, encourage responsible innovation, and combat financial crimes in the virtual currency space. The proposed […]

Ghana has reached a landmark debt relief agreement with France, marking the first official deal with a bilateral creditor under the Paris Club framework. The deal provides Ghana with breathing space on external debt payments as the government pushes ahead with reforms backed by the International Monetary Fund (IMF). Under the agreement, France will suspend payments on selected loans and delay interest until a broader restructuring is finalized with all […]

Ghana’s Parliament has officially ratified reciprocal visa waiver agreements with four countries: Mozambique, São Tomé and Príncipe, Colombia, and Dominica. The agreements will allow nationals of these countries and Ghana to travel without a visa for specified purposes and durations. The waiver covers holders of: Ordinary passports Diplomatic passports Service/official passports According to the Ministry of Foreign Affairs and Regional Integration, the agreements aim to boost bilateral cooperation, enhance trade […]