Ghana Settles US$700 Million Eurobond Ahead of Schedule, Boosting Investor Confidence
The Government of Ghana has made headlines by fully settling a US$700 million Eurobond obligation ahead of schedule, a move the Ministry of Finance says demonstrates the country’s commitment to prudent public debt management and macroeconomic stability. According to a statement from the Ministry, the payment, completed on Thursday, July 2, 2026, comprised US$525.2 million in principal repayments and US$174.8 million in interest payments. This latest settlement brings Ghana’s total payments to Eurobond holders to US$2.1 billion since January 2025, reflecting the country’s ongoing efforts under its Eurobond Debt Exchange Programme. The Ministry of Finance emphasized that the repayment was carried out through the government’s planned financing arrangements, avoiding any undue pressure on Ghana’s foreign exchange reserves. “The payment was made through the Government’s planned financing arrangements without undue pressure on the country’s foreign exchange reserves,” the Ministry noted. Government officials believe this early repayment will further reduce Ghana’s outstanding external debt burden and strengthen investor confidence as the country continues to advance fiscal and macroeconomic reforms. The Ministry highlighted that meeting the Eurobond obligation ahead of schedule underscores the government’s dedication to maintaining sound public debt management practices and safeguarding macroeconomic stability as Ghana implements its economic recovery programme. This milestone payment comes as Ghana works to restore international investor confidence following the successful completion of its external debt restructuring and the ongoing implementation of reforms under the IMF Policy Coordination Instrument (PCI). The Ministry of Finance reiterated its commitment to sound public financial management, vowing to continue timely servicing of the country’s debt obligations while prioritizing fiscal sustainability. The Ministry also extended its appreciation to Ghanaians for their patience, support, and continued confidence as the government pursues policies aimed at restoring economic stability and rebuilding market trust. Source: Apexnewsgh.com
Prof. David Millar Challenges Planners to Rethink the Meaning of Markets at PEARL Launch
At the grand launch of Prosperity through Enterprise, Agriculture, Resilience and Livelihoods (PEARL) framework, a visionary 10-year framework plan for the Upper East Region, Professor David Millar, serving as Chairman, took center stage to address the congregation. The initiative, spearheaded by the Regional Coordinating Council, drew stakeholders from across the region, eager to hear from one of its most respected academics. As he spoke, Prof. Millar offered a thought-provoking perspective on the heart of economic development. “A market economy,” he began, “is just a space and a place.” He paused, glancing around the room before continuing, “I’ve heard comments like, ‘Oh, they are just building markets.’ But marketing, as many great economists will affirm, is a transaction arena. You don’t even need a physical structure for a market to exist, it’s all about transactions.” To illustrate, he pointed to the example of gold. “If there were no market for gold, we wouldn’t even be talking about it. No one would be struggling to sell it. That is the essence of a market.” Prof. Millar then turned to the concept of a 24-hour economy, a term buzzing in policy circles. “For us, at my university, the 24-hour economy is not just about a structural m arket. It’s about a transactional space, and we are positioning ourselves to contribute to this broader discourse.” He emphasized that the real value lies in the transactional spaces created for the benefit of the entire economy. “Physical structures can be labeled NDC or NPP,” he cautioned, referencing the leading political parties, “but the economy itself is more generic, more nationalist. I hope the planners capture this in their designs.” With a gentle challenge, Prof. Millar urged the planners not to fall into the trap of viewing markets as mere buildings equipped with electricity and cell towers. “The true price of the challenge,” he concluded, “is to look beyond the visible structures and focus on the vibrant transactions that drive our economy.” His words set a thoughtful tone for the event, reminding everyone present that the future of the Upper East Region depends not just on what is built, but on how people connect, trade, and innovate within those spaces. Source: Apexnewsgh.com
Talensi MP Urges Upper East to Embrace Local Products, Education, and Strategic Investment at PEARL Launch
At the launch of the Prosperity through Enterprise, Agriculture, Resilience and Livelihoods (PEARL) Framework in Bolgatanga, the atmosphere was filled with hope for a brighter future. Among the many voices shaping the event was Hon. Daniel Mahama, Member of Parliament for Talensi District, who shared candid reflections and a vision for the region’s development. Hon. Mahama emphasized the importance of making the PEARL initiative a practical reality. “To ensure the success of this initiative, we must engage all relevant authorities and educate our people about the importance of health, agriculture, and economic opportunities in the Upper East. Understanding the process and benefits will help us achieve our goals,” he stated. He highlighted the region’s unique strengths, not just in agriculture, but also in mining and the potential to revive local factories. For Hon Mahama, empowering education is equally vital for the region’s transformation. “First, we must grasp the main purpose and benefits of health and become true advocates for our own progress,” he said. He called for an attitudinal change: “Let’s patronize products made in the Upper East, our smocks, shea butter, hats, and especially our locally grown rice, just as other countries proudly use their local produce.” Hon Mahama encouraged citizens to celebrate traditional foods and crafts, noting that greater support for local industries would boost both culture and the economy. As a Member of Parliament, he shared his commitment to promoting the Upper East at every opportunity, advocating for economic policies that favor the region and maximize its advantages, especially in resource-rich sectors like mining. He also touched on the importance of a common trade platform and fair tariffs within Africa to ensure that local businesses are protected and can thrive. “We need to protect indigenous enterprises and make sure opportunities are accessible to our people,” he said. Hon Mahama also highlighted the value of technical and vocational trades, encouraging youth to consider skilled trades as viable and rewarding career paths. In closing, Hon. Mahama urged all stakeholders to work together, support local products, and use every available opportunity to advance the Upper East Region. His message was clear: real transformation depends not just on policies and investments, but on pride in local culture, practical skills, and strategic action for sustainable growth. Source: Apexnewsgh.com
Gold Fortune Group Eyes Investment in Upper East Region Following PEARL Launch
The spirit of optimism was palpable in Bolgatanga as the PEARL Framework, Prosperity through Enterprise, Agriculture, Resilience and Livelihoods, was unveiled to chart a bold new course for the Upper East Region. Among the many local and international guests was Ding Fan Lin, Executive Director of the Gold Fortune Group Company, who expressed a keen interest in bringing her company’s expertise and investment to the region. In an interview with Apexnewsgh following the event, Ding Fan Lin shared her first impressions and the company’s intentions. “It is our first time here, so we want to study the market and understand the opportunities,” she said. “From what I have seen, I believe our business can thrive in the Upper East Region. There are many possibilities for cooperation, and I am confident we can contribute to economic growth here.” The launch of the PEARL Framework attracted both local and foreign companies, all eager to explore ways to support the region’s transformation. For Gold Fortune Group, the event marked the beginning of a potential journey toward investing in and collaborating with the Upper East’s growing business landscape. With leaders like Ding Fan Lin expressing confidence in the region’s future, the Upper East is quickly emerging as an attractive destination for investment and partnership, offering hope for a new era of prosperity and development. Source: Apexnewsgh.com Email: apexnewsgh@gmail.com Phone: 0256336062
Upper East Regional Minister Call for Investors at PEARL Launch
Fountain Gate auditorium in Bolgatanga on Monday was buzzed with anticipation as leaders, investors, traditional rulers, and citizens gathered for the launch of the PEARL Framework, Prosperity through Enterprise, Agriculture, Resilience and Livelihoods. At the heart of the event, Regional Minister Mr. Donatus Akamugri Atanga delivered a stirring speech that set the tone for a new era in the Upper East Region’s development journey. With a spirit of gratitude and optimism, Minister Atanga welcomed all guests, expressing appreciation for their support and belief in the region’s potential. He acknowledged the presence and encouragement of national leaders, investors, and development partners, calling their participation “a powerful affirmation of commitment to inclusive national development.” Setting the stage for the forum, Minister Atanga declared this gathering a defining moment, a pivot from focusing on challenges to celebrating resilience, culture, resourcefulness, and opportunity. “Our true identity is found in the resilience of our people, the productivity of our farmers, the ingenuity of our entrepreneurs, the richness of our culture, the abundance of our natural resources, and the immense opportunities that await strategic investments,” he proclaimed. The PEARL Framework, he explained, is the region’s bold, ten-year blueprint for transformation. Spanning all fifteen districts and aiming to mobilize over GH¢8.6 billion in investments, PEARL is designed to unlock opportunities in enterprise, agriculture, industrialization, infrastructure, and human capital development. Its goal: a competitive, resilient, and inclusive economy that contributes meaningfully to Ghana’s national transformation. Minister Atanga highlighted the region’s recent gold discoveries and the rise of major mining companies, stressing that these developments must become catalysts for broad-based prosperity. “The mineral wealth beneath our soil must become a catalyst for prosperity across agriculture, health, education, infrastructure, enterprise development, and improved livelihoods for every household in our Region,” he asserted. Yet, he warned, “Mining alone cannot deliver the transformation we seek.” True progress, he said, depends on building a diversified, innovative economy, strengthening industries, investing in people, and forging strategic partnerships. He called for investment across sectors, including agriculture, agribusiness, renewable energy, manufacturing, tourism, housing, technology, and logistics. The minister outlined flagship initiatives to be discussed at the forum: the completion of the Tamne Irrigation Dam, revival of key agro-processing factories, establishment of an Agricultural Technical University, and upgrades to regional hospitals and educational infrastructure. He emphasized the importance of behavioral and attitudinal change, insisting that infrastructure and investment would only bear fruit if matched by a culture of productivity, discipline, and responsibility. Minister Atanga underscored that the success of PEARL would require “collective commitment, shared responsibility, and sustained collaboration.” He extended heartfelt thanks to sponsors, partners, traditional leaders, and all contributors, recognizing that their efforts had made the forum, and the region’s new vision, possible. To the youth and women of the Upper East, he offered special encouragement. “PEARL is, above all, an investment in your future. Your creativity, enterprise, innovation, and leadership will be indispensable to the success of this Framework.” In closing, Minister Atanga called on all present to become partners in the region’s transformation, emphasizing hope, unity, and action over complacency or rhetoric. “Together, let us build an Upper East Region that is prosperous, resilient, competitive, peaceful, and inclusive, one that creates opportunities for its people and contributes meaningfully to Ghana’s transformation and sustainable development.” With the launch of PEARL, the Upper East Region has taken a decisive step towards a brighter, more inclusive future, one defined by collaboration, vision, and the determination to leave no community behind. Source: Apexnewsgh.com
PEARL: Presidential Message Charts Bold Path for Upper East at Development Forum
The atmosphere in Bolgatanga was charged with anticipation as the Upper East Regional Development and Business Forum and Exhibition commenced, a landmark event that drew government officials, traditional leaders, entrepreneurs, and development partners from across Ghana and beyond. Representing President John Dramani Mahama, Mr. Augustus Obuadum Tanoh, Presidential Adviser on the 24-Hour Economy and Accelerated Export Development, delivered a powerful address that both honored the region’s heritage and set a bold vision for its future. Mr. Tanoh began with warm greetings from the President, expressing regret at his absence due to pressing national duties while commending the regional leadership, the PEARL Technical Working Committee, and development partners for organizing the forum. He highlighted the significance of the 24-Hour Economy and Accelerated Export Development Programme, a national initiative to transform Ghana’s productive sectors by fostering value addition, local processing, and quality job creation. Since its launch, the programme has mobilized over $11 billion in investment and targeted 1.7 million quality jobs, with the Upper East Region standing as a vital component of this nationwide push. Turning to the heart of the occasion, Mr. Tanoh praised the PEARL Framework, Prosperity through Enterprise, Agriculture, Resilience and Livelihoods, as a 10-year, regionally driven strategy with a GHS 8.6 billion investment portfolio. He noted that PEARL was conceived by and for the people of the Upper East, reflecting their aspirations and priorities. The government’s role, he emphasized, is to be a committed partner: aligning national policy, investment, and support behind the region’s own vision for transformation. Drawing on the region’s legacy, Mr. Tanoh recounted its centuries-old role in trans-Saharan trade, its world-renowned crafts and music, and its history of integrated industrial ventures like the Zuarungu Meat Factory and Pwalugu Tomato Factory. He stressed the importance of learning from these integrated models, where agriculture, processing, and downstream industries were linked from the outset, when designing PEARL’s new projects. Such integration, he argued, is key to sustaining industrial growth and maximizing local benefits. Mr. Tanoh underscored the region’s unique strengths: fertile lands, abundant minerals, a resilient people, and a strategic location as Ghana’s northern gateway. He described emerging opportunities in gold, clay, limestone, and granite, and called for responsible development that moves beyond extraction to build value-adding industries and decent jobs for the people. He celebrated the completion of the Tamne Irrigation Dam, the expansion of Tono, and the planned transformation of the Fumbisi Rice Valley as pivotal steps toward year-round agriculture and food security. Mr. Tanoh also highlighted plans for an Agricultural Technical University and the proposed Bolgatanga Airport, both set to elevate the region’s status as a hub for trade, education, and investment. On behalf of President Mahama, Mr. Tanoh gave three assurances: once the PEARL Framework is validated, national institutions will integrate its priority projects into Ghana’s development agenda; the government will deepen regional empowerment and partnership; and the President himself will champion the region’s investment-ready projects on the global stage. He called on all stakeholders to scrutinize, refine, and strengthen the Framework over the forum’s three days, ensuring its proposals withstand rigorous review and deliver lasting results. To investors, he extended an invitation to explore the region’s opportunities, form partnerships, and support innovation and job creation. In closing, Mr. Tanoh praised the traditional authorities for their commitment to peace and stability, recognizing that sustainable development thrives only in such conditions. He officially declared the Upper East Regional Development and Business Forum and Exhibition open, wishing blessings on the region and the nation. With the PEARL Framework as its roadmap, the Upper East Region now stands poised to shape its own destiny, guided by visionary leadership, community ownership, and national partnership. Source: Apexnewsgh.com
Builsa South Showcases Its Riches as the Food Basket of the North at PEARL Framework Launch
The vibrant town of Bolgatanga today played host to the unveiling of the PEARL (Prosperity through Enterprise, Agriculture, Resilience and Livelihoods) Framework, a 10-year blueprint for transforming the Upper East Region. Amidst the energy and optimism of the event, officials from the Builsa South District Assembly seized the opportunity to highlight their district’s unique strengths on a regional and national stage. Speaking passionately on behalf of the Assembly, Jafar Mohammed Saeed did not mince words as he described Builsa South as the undisputed food basket of the North. “Wherever you are, far or near, the very best place for your investments in agri- and agro-processing, or any agri-business, is Builsa South. No doubt about that,” he declared in an interview with Apexnewsgh. Saeed pointed to the district’s vast commercial rice valleys, emphasizing that farming here was not a matter of a few acres, but of hundreds and hundreds of acres ripe for cultivation. “Every farmer, far and near, can take advantage of our resources,” he said. He called on investors to explore opportunities in irrigation, noting that with the right facilities, Builsa South could unlock year-round farming and move beyond their heavy reliance on seasonal rains. But the district’s offerings extend far beyond rice. Saeed proudly highlighted Builsa South’s reputation for quality honey, especially from the Donninga area, making it the destination of choice for health-conscious consumers and commercial buyers alike. He also pointed to opportunities in shea butter production, livestock rearing, and other agricultural ventures. “Whether you’re looking for bulls, sheep, goats, or any livestock in commercial quantities, Builsa South is the place to be,” he said. Saeed was quick to assure potential investors that Builsa South has created a welcoming, enabling environment for business. “We are ready and eager to work with anyone willing to invest. You will find a stress-free investment environment here,” he promised. As the PEARL Framework charts a bold path for the Upper East Region from 2026 to 2035, Builsa South stands out as a beacon of agricultural potential and opportunity, ready to feed Ghana and attract the investment needed to fuel its growth. Source: Apexnewsgh.com
Samson Awingobit Asaki Rallies Stakeholders for Upper East Transformation at PEARL Framework Launch
It was a momentous day as Samson Awingobit Asaki, Executive Secretary of the Importers and Exporters Association of Ghana, stood before an eager audience at the launch of the PEARL (Prosperity through Enterprise, Agriculture, Resilience and Livelihoods) Framework. The air was thick with hope and ambition as Mr. Asaki addressed the gathering, marking the beginning of a bold 10-year journey to transform the Upper East Region through agriculture, enterprise, and responsible mining from 2026 to 2035. With pride, Mr. Asaki acknowledged the honor bestowed upon his Association to serve as Co-Organizer of the landmark event. “This Forum, under the theme ‘Charting the Course for PEARL – Prosperity through Enterprise, Agriculture and Regional Livelihoods,’ is not just another conference,” he declared. “It is a bold declaration that the Upper East Region is ready to take its rightful place as a strategic destination for investment, industrialization, agribusiness, trade, and entrepreneurship.” He praised the vision behind the PEARL Framework, which he described as a demonstration of purposeful leadership and a commitment to creating sustainable economic opportunities in the region. He reminded the audience that no nation could achieve meaningful economic transformation without strengthening its productive sectors, improving trade competitiveness, and connecting local producers to both regional and international markets. Highlighting the potential of the Upper East Region, Asaki pointed to its resources, from agriculture and agro-processing to shea, livestock, textiles, handicrafts, and cross-border commerce. “What is required,” he explained, “is strategic investment, infrastructure development, value addition, access to finance, and efficient market linkages.” He emphasized that such progress could only be achieved through partnerships. Asaki reaffirmed the Association’s commitment to working with government, local authorities, development partners, and the private sector to unlock new trade opportunities for businesses across the region. Mr. Asaki further commended the renewed national focus under President John Dramani Mahama’s administration, which prioritized revitalizing local production, promoting agriculture, and creating decent jobs through private sector growth. He applauded the government’s drive to improve the business environment, enhance trade facilitation, and modernize Ghana’s ports and logistics ecosystem, all of which would help position the country as the preferred gateway for regional trade under the African Continental Free Trade Area (AfCFTA). Looking to the future, Asaki encouraged local entrepreneurs to embrace innovation, improve product quality, and seize emerging opportunities in export and regional commerce. “The future belongs to businesses that are competitive, export-ready, and resilient,” he said, urging development partners and investors to recognize the Upper East Region’s wealth of opportunities and hardworking people. Bringing his speech to a close, the Executive Secretary assured the Regional Coordinating Council of the Importers and Exporters Association’s unwavering commitment. “We stand ready to support initiatives that promote enterprise development, expand exports, facilitate investment, and create sustainable prosperity for the people of the Upper East Region,” he declared, setting the stage for a decade of transformation and shared success. Source: Apexnewsgh.com
PEARL: The Ministry of Lands and Natural Resources Urges Upper East to Invest in Human Capital
The occasion was the launch of the PEARL (Prosperity through Enterprise, Agriculture, Resilience and Livelihoods) Framework, a bold 10-year plan aiming to transform the region through agriculture, enterprise, and responsible mining from 2026 to 2035. Representing the Sector Minister Emmanuel Armah Kofi Buah, Deputy Minister Alhaji Yusif Sulemana delivered a message that resonated deeply. He urged the people of Upper East to unite and focus on investing in their greatest asset: human resources. “When mining companies come calling for local projects or new recruits, we must be ready,” he said, emphasizing that technology and money alone were not enough. “If you lack the skilled people to recruit, the opportunity will pass you by.” With gold recently discovered in commercial quantities in 10 out of 15 districts, hopes are high that mining will bring jobs and prosperity. Yet, Mr. Sulemana cautioned that attracting mining investments is only the first step. “Jobs for local people aren’t guaranteed unless we develop the skills mining companies need,” he explained. “If we aren’t prepared, companies will look elsewhere for talent.” He called on all stakeholders, government, local authorities, and community leaders, to prioritize investment in education, skills training, and workforce development. Only by equipping residents with the necessary expertise, he argued, can the region fully benefit from the economic opportunities ahead. Mr. Sulemana reaffirmed the ministry’s commitment to supporting the PEARL Framework and partnering in environmental projects that advance the region’s sustainable development. “Whatever environmental projects the Upper East is undertaking, we want to be part of it,” he said, pledging his support on behalf of the Ministry. As the Upper East Region embarks on this transformative journey, the message from the Ministry is clear: investing in people is the key to unlocking the full benefits of the region’s natural riches. By working together and preparing the local workforce, the region can ensure that prosperity reaches every community. Source: Apexnewsgh.com
Ministry Unveils PharmaVax Programme to Transform Ghana’s Pharmaceutical Sector
The Ministry of Trade, Agribusiness and Industry has announced a bold new initiative to revolutionize Ghana’s pharmaceutical sector through the launch of the PharmaVax Programme. The programme, which was outlined at a meeting in Accra on Thursday, 25th June 2026, aims to strengthen governance, attract investment, and expand market opportunities for local manufacturers. According to the ministry, the PharmaVax Programme is anchored on four key pillars: strengthening governance institutions within the pharmaceutical sector; enhancing public-private dialogue between government and industry; improving the environment for foreign direct investment and trade; and promoting greater transparency in investment conditions and authorization processes. Speaking on behalf of the Hon. Minister Elizabeth Ofosu-Adjare, the Director of Administration, Mr. Yaw Sakyi, emphasized the government’s commitment to making Ghana the pharmaceutical manufacturing hub of the sub-region. He noted that the new Pharmaceutical Policy would provide the necessary implementation systems to ensure the sector’s growth. Mr. Sakyi also expressed gratitude to the European Union and the German Ministry for Economic Cooperation and Development for their financial support of €415,437.78. As part of the initiative, Mr. Godfred Gobah, Head of the Pharmaceutical Manufacturing Development Unit, stated that the Ministry would actively engage the private sector and participate in both local and international events. These efforts are designed to boost the visibility of Ghana’s pharmaceutical industry and create new market access opportunities. The Ministry expects the PharmaVax Programme to lay a solid foundation for achieving several strategic objectives by 2030. These include doubling the export value of pharmaceutical products within the ECOWAS market and increasing the market share of locally produced pharmaceuticals from 30 percent to 60 percent. Working in partnership with GIZ Ghana, the European Union, and other key stakeholders, the Trade Ministry is focused on building a robust ecosystem to drive the growth and global competitiveness of Ghana’s pharmaceutical sector. Source: Apexnewsgh.com