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Goshers Highlights Zambia's Agricultural Potential and Ghana Trade Links

Goshers Highlights Zambia's Agricultural Potential and Ghana Trade Links

Ghanaian content creator Goshers has expressed optimism about the economic opportunities between Ghana and Zambia, particularly in agriculture and trade. In an interview, Goshers highlighted Zambia's vast landmass and underutilized agricultural potential, contrasting it with Ghana's reliance on imported food products. He noted that Zambia's self-sufficiency in poultry production and expansive arable land position the country to potentially supply agricultural products to other African markets, including Ghana. Goshers emphasized that such regional exchanges could strengthen intra-African trade and reduce reliance on imports from outside Africa. He also observed a growing interest among Ghanaians in traveling to Zambia, which could foster tourism, business partnerships, and knowledge sharing in agriculture and other sectors.
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U.S. Expands Export Credit Scheme to Boost Agricultural Trade with Nigeria

U.S. Expands Export Credit Scheme to Boost Agricultural Trade with Nigeria

The United States has reinstated and expanded its Export Credit Guarantee Programme (GSM-102) to enhance agricultural trade with Nigeria. This initiative allows Nigerian banks and importers to access government-backed financing for purchasing American agricultural products. The program's reactivation follows the restoration of eligibility for Nigerian financial institutions in late 2025, reopening a previously restricted channel. This development comes amid a significant rise in bilateral trade, which reached approximately $15 billion in 2025, marking a 14% increase from the previous year. Agricultural trade has been a major contributor to this growth, surging by 84% to $764 million, up from $415 million in 2024. U.S. officials emphasize that the initiative aims to lower risks for lenders and exporters, facilitating smoother cross-border transactions. At a trade event in Lagos, U.S. Consul General Rick Swart highlighted a strategic shift from aid-focused policies to commercially driven partnerships that su...
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FAO Warns of Potential Global Food Price Crisis Due to Hormuz Disruption

FAO Warns of Potential Global Food Price Crisis Due to Hormuz Disruption

The Food and Agriculture Organization (FAO) of the United Nations has issued a warning regarding the potential for a global food price crisis due to disruptions in the Strait of Hormuz. This critical trade corridor is essential for the transport of energy supplies and agricultural inputs, including fertilizers. The ongoing political unrest in the region has led to concerns about prolonged closures, which could significantly impact global food systems. FAO Chief Economist Máximo Torero highlighted the urgency of the situation, drawing parallels to the supply chain disruptions experienced during the COVID-19 pandemic. The FAO Food Price Index for March remained stable, but the organization warns that April and May are crucial months for farmers who are facing uncertainty over fertilizer and energy availability. Limited access to these inputs could force farmers to reduce planted areas or shift to less input-intensive crops, potentially leading to lower crop yields and increased food prices.
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U.S. Expands Export Credit Scheme to Enhance Agricultural Trade with Nigeria

U.S. Expands Export Credit Scheme to Enhance Agricultural Trade with Nigeria

The United States has reinstated and expanded its Export Credit Guarantee Programme (GSM-102) to bolster agricultural trade with Nigeria. This initiative allows Nigerian banks and importers to access government-backed financing for purchasing American agricultural products. The programme's reactivation follows the restoration of eligibility for Nigerian financial institutions in late 2025, reopening a previously restricted channel. This move is part of a broader strategy to shift from aid-focused policies to commercially driven partnerships, as highlighted by U.S. Consul General Rick Swart at a trade event in Lagos. The event, organized by the Foreign Agricultural Service, brought together stakeholders from government, finance, and agribusiness sectors to discuss improving access to credit and strengthening food supply chains.
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Nueva York: por qué es clave en la economía de Estados Unidos

Nueva York: por qué es clave en la economía de Estados Unidos

New York is one of the most influential states in the United States economy. With a diverse and dynamic economy, the state has played a...
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USDA Partners with Palantir in $300 Million Deal to Modernize Farm Services and Enhance Food Security

USDA Partners with Palantir in $300 Million Deal to Modernize Farm Services and Enhance Food Security

USDA Partners with Palantir in $300 Million Deal to Modernize Farm Services and Enhance Food Security
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Ghana Orders Newmont, AngloGold, Zijin to Localize Mining Operations by December

Ghana Orders Newmont, AngloGold, Zijin to Localize Mining Operations by December

Ghana's mining regulator has mandated international mining companies Newmont, AngloGold Ashanti, and Zijin to transition their mining operations to local contractors by December 2026. This directive is part of a broader effort by African governments to tighten mining regulations and increase revenue from mineral resources. The companies currently operate their mines with their own staff, but under the new rules, surface mining must be conducted by fully Ghanaian-owned firms, while underground mining requires at least 50% Ghanaian ownership. The move follows Ghana's revision of local ownership rules in January 2025, which required all miners to switch to contract mining. The Minerals Commission has warned that failure to comply with the deadline could result in sanctions.
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Nigeria Secures $425 Million Solar Investment to Boost Renewable Energy Manufacturing

Nigeria Secures $425 Million Solar Investment to Boost Renewable Energy Manufacturing

Nigeria has successfully attracted approximately $425 million in investment to establish eight renewable energy manufacturing facilities. This initiative is part of a broader strategy to expand domestic solar panel production and position Nigeria as a clean energy hub in West Africa. The Managing Director of the Rural Electrification Agency, Abba Aliyu, highlighted that Nigeria's solar manufacturing capacity has more than doubled in recent years, increasing from about 120 megawatts to roughly 300 megawatts, with an additional 3.7 gigawatts in development. This growth is attributed to policy efforts aimed at strengthening local manufacturing capacity and improving investor confidence. The expansion is also leading to export activities, with solar panels produced in Nigeria being shipped to Accra, Ghana.
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U.S. Expands Export Credit Scheme to Boost Agricultural Trade with Nigeria

U.S. Expands Export Credit Scheme to Boost Agricultural Trade with Nigeria

U.S. Expands Export Credit Scheme to Boost Agricultural Trade with Nigeria
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Ghana Mandates Newmont, AngloGold, Zijin to Localize Mining Operations by December 2026

Ghana Mandates Newmont, AngloGold, Zijin to Localize Mining Operations by December 2026

Ghana's mining regulator has issued a directive requiring international mining companies Newmont, AngloGold Ashanti, and Zijin to transition their mining operations to local contractors by December 2026. This move is part of a broader effort by the Ghanaian government to increase local ownership and participation in the mining sector. The directive follows a revision of local ownership rules in January 2025, which mandates that surface mining be conducted by fully Ghanaian-owned firms, while underground mining must involve companies with at least 50% Ghanaian ownership. The companies have been given until the end of 2026 to comply, with the regulator warning of potential sanctions for non-compliance. Newmont's request for an extension to 2027 was rejected, as other listed miners have already complied with the new rules.
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Ghana Sets 2026 Deadline for Foreign Miners to Transition to Local Contractors

Ghana Sets 2026 Deadline for Foreign Miners to Transition to Local Contractors

Ghana's Minerals Commission has issued a directive requiring foreign mining companies to transition their operations to local contractors by December 2026. This move is part of Ghana's broader strategy to increase local participation in its gold sector, which is the largest in Africa. The policy mandates that surface mining be conducted by companies fully owned by Ghanaian citizens, while underground operations must have at least 50% local ownership. Major operators like Newmont, AngloGold Ashanti, and Zijin Mining are among the last firms still operating with their own workforce. The directive follows reforms introduced in January 2025, aimed at prioritizing Ghanaian ownership in mining operations.
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Zambia's Luanshya Copper Mine to Resume Production After Two-Decade Hiatus

Zambia's Luanshya Copper Mine to Resume Production After Two-Decade Hiatus

The Luanshya copper mine in Zambia, primarily owned by China Nonferrous Mining Corporation (CNMC), is set to restart operations in August after being idle for over 20 years. The mine, which CNMC acquired in 2009, required extensive dewatering due to previous flooding. The Zambian government has announced that the mine will initially resume production at its upper levels, with plans to expand operations to the lower levels by 2029. The redevelopment of the mine, including new shaft systems and a concentrator plant, represents a significant investment aimed at boosting Zambia's copper output.