Close Menu
John Mahama News
  • Home
  • Ghana News
  • Anti-Corruption
    • Corruption Watch
  • Economic
    • Education & Innovation
  • Environmental
    • Governance & Policy
  • Health & Welfare
    • Historical & Cultural Insights
    • Infrastructure & Development
    • International Relations
  • Ministerial News
    • Presidential Updates
  • Public Opinion
    • Regional Governance
      • Social Issues & Advocacy
      • Youth & Sports
What's Hot

Springfield rejects false allegations and warns against defamation

July 8, 2025

Akufo-Addo’s unpopular decisions will continue to haunt Bawumia’s political future — Bishop Dr. Sam Owusu

July 8, 2025

Suspended CJ Torkornoo files judicial review challenging unanimous dismissal of her injunction application

July 8, 2025
Facebook X (Twitter) Instagram
Trending
  • Springfield rejects false allegations and warns against defamation
  • Akufo-Addo’s unpopular decisions will continue to haunt Bawumia’s political future — Bishop Dr. Sam Owusu
  • Suspended CJ Torkornoo files judicial review challenging unanimous dismissal of her injunction application
  • NACOC and FDA raid Offinso hideout to shut illegal cannabis liqueur factory
  • Absa Black Star Marathon team calls on Sports Minister ahead of July 26 event
  • New Awosohene advocates youth empowerment, unity for Akyem Oda’s progress
  • Boakye-Danquah clarifies old video praising Bawumia, vows support for Ken in 2028 elections
  • NPP says ENI oil discovery happened under Akufo-Addo, not Mahama
  • Home
  • About Us
  • Advertise With Us
  • Contact Us
  • DMCA
  • Privacy Policy
  • Terms & Conditions
Facebook X (Twitter) Instagram
John Mahama News
Tuesday, July 8
  • Home
  • Ghana News
  • Anti-Corruption
    • Corruption Watch
  • Economic
    • Education & Innovation
  • Environmental
    • Governance & Policy
  • Health & Welfare
    • Historical & Cultural Insights
    • Infrastructure & Development
    • International Relations
  • Ministerial News
    • Presidential Updates
  • Public Opinion
    • Regional Governance
      • Social Issues & Advocacy
      • Youth & Sports
John Mahama News
Home » EBID dismisses political motive claims in $130m Black Volta Gold Project deal

EBID dismisses political motive claims in $130m Black Volta Gold Project deal

johnmahamaBy johnmahamaJuly 7, 2025 Infrastructure & Development No Comments2 Mins Read
Share
Facebook Twitter LinkedIn Pinterest Email


The ECOWAS Bank for Investment and Development (EBID) has firmly rejected claims that its involvement in the Black Volta Gold Project is politically motivated.

Speaking at the signing of a $130 million facility agreement between EBID, Engineers and Planners, and Azumah Resources Ghana Limited, President of the Bank, Dr. George Donkor, described the allegations as unfounded and misleading.

“This initiative is purely driven by economic and developmental goals,” Dr. Donkor stated. “It is not about politics, it is about creating value, jobs, and sustainable growth in Ghana and across the West African region.”

He noted that the Black Volta Gold Project is a key investment that aligns with EBID’s mandate to support regional development through strategic partnerships in sectors such as mining, infrastructure, and energy.

Dr. Donkor also used the occasion to urge the Government of Ghana and other key partners to provide stronger backing for the mining sector, emphasizing its potential to create employment and stimulate industrial growth.

“We believe the mining sector holds enormous potential to transform local economies. We call on the government and all stakeholders to support this sector to unlock jobs, revenue, and long-term development opportunities,” he added.

The Black Volta Gold Project, located in Ghana’s Upper West Region, is expected to generate significant economic impact through local job creation, community development initiatives, and increased export revenue.

The $130 million agreement marks a major step forward in advancing the project’s development, reinforcing the role of public-private partnerships in driving sustainable economic progress across the ECOWAS region.

DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of Multimedia Group Limited.

DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of Multimedia Group Limited.



Source link

johnmahama
  • Website

Keep Reading

Springfield rejects false allegations and warns against defamation

Absa Black Star Marathon team calls on Sports Minister ahead of July 26 event

Governor Asiama chairs re-constituted GDPC, pushes for operational and funding reforms

Former TUC Gen. Sec. Dr. Yaw Baah chairs re-constituted Board of Ghana Statistical Service

T-bills auction: Undersubscription to continue in coming weeks; government misses June 2025 target by 19%

CalBank marks 35 years of banking excellence with ‘Red Week’ celebration

Add A Comment
Leave A Reply Cancel Reply

Editors Picks

IMF approves $370million for Ghana as Ato Forson declares reform agenda ‘exceeding expectations’

July 7, 2025

Goldstar Air’s 24-hour Cargo services to drive Ghana’s trade globally

July 7, 2025

Govt announces commercial viability of Eban-Akoma oil and gas discoveries

July 7, 2025

Communication Minister calls for 30% eduction in DSTV subscription price

July 7, 2025
Latest Posts

AI Training, SIM reforms and internet upgrades

July 3, 2025

Over 16,000 government services to go digital via upgraded Ghana.Gov platform – Sam George

July 3, 2025

Communication Ministry engages MTN Ghana to resolve data challenges

July 2, 2025

Subscribe to News

Subscribe to our newsletter and never miss our latest news

Subscribe my Newsletter for New Posts & tips Let's stay updated!

Welcome to JohnMahama.news, your trusted source for the latest news, insights, and updates about the President of Ghana, government policies, and the nation at large. Our mission is to provide accurate, timely, and comprehensive coverage of all things related to the leadership of Ghana, as well as key national issues that impact citizens and communities across the country.

Subscribe to Updates

Subscribe to our newsletter and never miss our latest news

Subscribe my Newsletter for New Posts & tips Let's stay updated!

Facebook X (Twitter) Instagram Pinterest
  • Home
  • About Us
  • Advertise With Us
  • Contact Us
  • DMCA
  • Privacy Policy
  • Terms & Conditions
© 2025 johnmahama. Designed by johnmahama.

Type above and press Enter to search. Press Esc to cancel.