The Governing Board of the Danquah Institute announces the appointment of Nana Attobrah Quaicoe as the new Executive Director of the Danquah Institute, effective September 1, 2015.

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Ghana's national development planning commission has begun preparations for developing a 40-year plan that seeks to outdo political, ethnic and geographical aspirations of the country, and to bind successive political leaders to following its implementation.

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US President Barack Obama is prepared to broker peace and power-sharing agreement in South Sudan.

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ADVISORY NOTES TO PARLIAMENT ON THE PETROLEUM AGREEMENTS BETWEEN THE REPUBLIC OF GHANA, AGM PETROLEUM AND COLA NATURAL RESOURCES
The Ministry of Energy has officially laid before Parliament two Petroleum Agreements for ratification following earlier approval by Cabinet. The Agreements are: Petroleum Agreement among Government of the Republic of Ghana, Ghana National Petroleum Corporation, GNPC Exploration and Production Company Limited and AGM Petroleum Ghana LTD in respect of the South Deepwater Tano Contract Area (and shall be called AGM Contract for the purpose of this Analysis). Petroleum Agreement among Government of the Republic of Ghana, Ghana National Petroleum Corporation, Cola Natural Resources and Medea in respect of East Cape Three Points Contract Area (and shall be called Cola Contract for the purpose of this analysis). This Advisory Notes is provided to members of Parliament to enrich debate during the consideration of the Agreements. The Notes are based on analysis by the Africa Centre for Energy Policy (ACEP) of the Negotiated Agreements and the memoranda accompanying them. These Notes do not cover most of the subjects in the two Agreements as most of them have common provisions. The focus of the analysis therefore covers subjects that show material differences between the Agreements for the purpose of enriching the debate in parliament.
Zambia's Banda loses second term bid to old rival
Zambia’s opposition leader Mr Michael Sata of Patriotic Front (PF) has defeated the incumbent President Mr Rupiah Banda of Movement for Multi-party Democracy (MMD) in a tightly contested presidential election. In 2008 Mr Sata lost the presidential election to Banda by 35,000 votes in an election triggered by the sudden death of Levy Mwanawasa.
Foresight Africa: Implementing a New U.S.-Africa Policy
2013 ushered in the most significant change in the United States’ Africa policy since the passing of PEPFAR 10 years ago. The unveiling of investment-focused initiatives—Power Africa and Trade Africa—reflects not just a change in how the Obama administration views the continent, but also how foreign investors have prioritized it. But policy rarely achieves its objectives without equal attention to implementation. A number of implementation barriers—old regulations and new policies working at cross-purposes, and limited on-the-ground capacity—threaten to undermine America’s new approach to the continent in 2014. If 2013 was marked by change in U.S. strategy towards Africa, 2014 will be marked by the recognition that 90 percent of the success of that strategy is implementation.
Four years of squandered opportunities
The major concerns facing Ghanaians today include, rising unemployment, especially among the youth, rising cost of living, falling standards of living, falling standards of education (especially at the JHS and SHS levels), collapsing healthcare, collapsing businesses, low business and consumer confidence, and a national sense of hopelessness and despair. Put together a focus group of 10 Ghanaians in any part of the country (exclude the Castle), picked randomly from the streets and ask them what do they think of the Mills-Mahama administration, seven out of ten will mention the following: weak leadership, incompetence, corruption, broken promises, lies and propaganda.
Egypt votes in post-Mubarak polls
Egyptians are voting in the opening stage of the first elections since former President Hosni Mubarak was toppled in February. As dawn broke, people were already queuing to cast their ballots outside polling stations in the capital, Cairo. But protesters who want the vote to be postponed still occupy Tahrir Square. The head of the country's military council, which took over after Mr Mubarak was unseated, has said the country is "at a crossroads".
Collateralisation and Ghana’s Petroleum Revenue
“Any contract, agreement or arrangement to the extent that it encumbers or purports to encumber the assets of the Petroleum Funds whether by way of guarantee security, mortgage or any other form of encumbrances is contrary to this Act and is null and void.” Section 41(2) of Act 815. In April 2011, the Parliament of Ghana passed the Eight Hundred and Fifteenth Act known as PETROLEUM REVENUE MANAGEMENT ACT, 2011. The Act received Presidential assent on 11th April 2011. Gazette notification was also issued on 15th April 2011. more>>>
Press Release: Bank of Ghana - Monetary Policy Committee
Ladies and Gentlemen of the Media, welcome to the press briefing of the 41st meeting of the Monetary Policy Committee.The Committee reviewed developments in the economy up to September as well as the domestic and external outlook. We reviewed global developments, domestic inflationary trends, the execution of the 2010 budget, growth prospects, business and consumer confidence, developments in the financial system and the external sector. more >>>
Ghana pays a premium as it sells $750 mln 10-year Eurobond
Ghana sold a $750 million 10-year Eurobond on Thursday in its second foray into international bond markets but paid a premium to investors wary of its fiscal and current account deficits.The West African producer of cocoa, gold and oil issued the bond at a yield of 8 percent. The order book was $2.2 billion, around three times the issue size, Finance Minister Seth Terkper told Reuters.
DaMina Advisors Frontier Markets Elections Forecast: GHANA 2012 general elections
Ghana’s December general elections are on course to yield a dramatic surprise outcome. DaMina’s frontier markets elections statistical model and our on-the-ground surveys predicts an outright first round opposition center-right New Patriotic Party (NPP) win, and a return to opposition of the now ruling center-left National Democratic Congress (NDC) after only four years in power. The NPP are also posed to re-capture a majority of the seats in Ghana’s new 275 seat parliament. Click here for full report
Ghana's total debt hits $12.91 billion and going
Ghana’s total debt has doubled in just two years under President JEA Mills. Documents made available to the New Statesman from policy think tank, Danquah Institute, indicate that Ghana’s total is $12.9 billion currently. At the end of 2008, when the New Patriotic Party left office, Ghana’s domestic debt stood at GH¢4.8 billion (or $3.170bn in today’s exchange rate). At the end of 2010, under the National Democratic Congress, this had shot up to Ghc8.28bn ($5.47bn).