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Atlantic Lithium Consents to Transfer of Ewoyaa Rights to China’s Zhejiang Huayou Cobalt

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Atlantic Lithium Limited has provided its consent to an agreement that will see Elevra Lithium Limited transfer all of its rights and interests in the Company’s flagship Ewoyaa Lithium Project in Ghana to Chinese cobalt and lithium giant Zhejiang Huayou Cobalt Co., Limited. In a statement released on May 11, 2026, Elevra -who currently holds a 22.5% interest in Atlantic Lithium’s Ghana lithium portfolio inclusive of the Ewoyaa project following the satisfaction of terms set out in Stage 2 of the Project Agreement announced on August 17, 2023 will Under the agreement, will transfer all of its rights, obligations, title and interests associated with the project and the Ghana portfolio to Huayou — including spodumene concentrate offtake rights. The agreement also provides for reciprocal releases for Atlantic Lithium and Elevra, covering any disputes and mutual representations and warranties customary for an agreement of this nature. Upon completion of the agreement, Huayou will assume sole funding of the Project’s development costs up to the remainder of the sole funding obligations under the Project Agreement — a development Atlantic Lithium says provides a clear pathway for the advancement of the Ewoyaa project and the delivery of its promised benefits to host communities in Ghana’s Central Region. The agreement is not conditional on a separate Scheme of Arrangement announced by the Company with Huayou on May 7, 2026. However Huayou has agreed with Elevra that should the Scheme of Arrangement consideration change within the next three months, the consideration paid under this agreement should reflect the same proportional change. Atlantic Lithium’s Ewoyaa Lithium Project — a lithium spodumene pegmatite discovery in Ghana’s Central Region — is advancing towards production as the country’s first lithium-producing mine. Parliament ratified the Mining Lease for the project in March 2026. The project was previously granted an Environmental Protection Authority permit in September 2024 and a Mine Operating Permit in October 2024.

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NSA Partners ABSA Bank To Provide Overdraft Relief for Service Personnel

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The National Service Authority(NSA) has announced a partnership with ABSA Bank which will see to the provision of overdraft facilities for all active National Service Personnel. In a statement released on Friday, April 17,2026, the Authority explained that the move comes as a response to the often delayed monthly allowance disbursement cycle and will now give Personnel a bit of relief. The statement further added that under the agreement,qualifying personnel will be able to withdraw beyond up to 85% of their monthly NSS allowance, with the overdraft bearing no interest in a period of delay. The overdraft facility also allows NSS personnel to access the overdraft without collateral requirements with the facility however been only available to active NSPs with the Absa Ignition Account. The Authority then encouraged any Personnel interested in accessing the facility to onboard onto the Ignition app through its student online submission portal, stating that repayments are automatic and will be taken once the funds are released hence students have nothing to worry about. Speaking to this, the Director General of the National Service Authority, Madam Ruth Dela Seddoh, explained that the collaboration underscores how committed the authority is in addressing the concerns of the Personnel. “”We hear the frustration of our service personnel, and we are taking concrete action. Delays in release of funds have, at times, placed hardship on young graduates serving their nation. This NSA partnership with Absa Bank facilitated by the National Service Personnel Association, who played a pivotal role in brokering the collaboration and represented the collective concerns of personnel across all regions, will ensure that no NSP will be left stranded due to timing mismatches between their service and their allowance.” She stated The Managing Director of Absa Bank Ghana LTD, Edward Nartey Botchway explained that “At Absa, we understand how allowance delays can put real pressure on young graduates, especially when they are trying to cover basics such as rent and transport. This collaboration with the National Service Authority and the National Service Personnel Association aims to bridge that gap and ensure that a delay in disbursement does not become a crisis for our national service personnel.” The Authority reassured the public of its commitment towards national development and to ensuring timely and efficient payment of allowances.

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AngloGold Ashanti to Buy Back Part of Its Own Debt in $650 Million Deal

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Global Gold Mining Giant,AngloGold Ashanti, has announced its plan to buy back part of the money it owes to investors in a deal worth up to $650 million. What Is Happening? This comes after the mining company issued out corporate bonds some years ago with the mining company now offering to pay back some of that borrowed money before the due date, by purchasing the same bonds it issued from investors who are willing to sell them back (cash tender offer). Which Loans Are Involved? Three sets of bonds are targeted: • Bonds that were due to be repaid in 2028, carrying a 3.375% interest rate — worth $750 million in total • Bonds due in 2030, carrying a 3.750% interest rate — worth $700 million in total • Bonds due in 2040, carrying a 6.500% interest rate — worth $300 million in total How Much Are Investors Being Paid? For every $1,000 worth of bonds they surrender: • Holders of the 2028 bonds will receive approximately $978 • Holders of the 2030 bonds will receive approximately $971 • Holders of the 2040 bonds will receive nothing — their bonds were not accepted in this round When Will Investors Receive Their Money? Payment is expected on 16 April 2026 for investors who submitted their bonds early with the offer window closing on the 28th of April 2026. With AngloGold Ashanti being one of Ghana’s most significant mining assets, this move by the company not only strengthens the company’s financial health but also affects jobs, tax revenues, and investment in Ghana’s mining sector.

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IMANI Africa Welcomes GIA’s Stand on Public Insurance Procurement

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IMANI Africa has welcomed a statement by the Ghana Insurers Association (GIA) reaffirming competitive and transparent procurement principles in the placement of public sector insurance business. In a statement released earlier today, IMANI Africa described GIA’s intervention as a significant contribution to the national conversation on governance and market integrity stating that the call by the Association for no insurer to enjoy automatic entitlement to public insurance business outside proper procurement processes, aligns directly with its concerns raised in recent weeks. Beyond this, IMANI in the statement also outlined four outcomes it considers necessary for durable clarity in the sector with these outcomes including a reaffirmation that public insurance procurement remains subject to the Public Procurement Act, that no insurer enjoys presumptive preference outside lawful processes, that support for state-linked enterprises must occur within transparent and competitive frameworks, and that inter-trading among state entities must not undermine market integrity or procurement discipline. IMANI then went ahead to caution the government,that the current issue at hand goes beyond insurance, warning that public procurement is one of the key mechanisms through which the state ensures value for money and accountability in the use of public resources. The think tank further noted that redistributing existing insurance business among market participants does not in itself deepen insurance penetration, arguing that true sector growth requires broadening coverage, improving claims experience, and bringing more uninsured Ghanaians into the formal insurance ecosystem.

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PIAC Flags US$434.55 Million ABFA Transfer to GIIF SPV, Demands Project Details on Accra–Kumasi Expressway

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The Public Interest and Accountability Committee (PIAC) has flagged the transfer of US$434.55 million from the Annual Budget Funding Amount (ABFA) to a Special Purpose Vehicle (SPV) established by the Ghana Infrastructure Investment Fund (GIIF) for infrastructure development under the government’s Big Push policy. The disclosure is contained in PIAC’s 2025 Annual Report, published on 8th April 2026, covering the management and utilisation of Ghana’s petroleum revenues from January to December 2025. According to the report, GIIF has confirmed that the transferred funds are currently being held in a suspense account at the Bank of Ghana (BoG), pending the completion of feasibility studies for the Accra–Kumasi Expressway project. While PIAC noted that the amendment to the Petroleum Revenue Management Act (PRMA) restricting ABFA use to infrastructure development aligns with its long-standing recommendation to commit funds to legacy projects, the Committee expressed concern over the lack of transparency surrounding the initiative. “Government is yet to provide project details on the project, including the project scope, details of contractor, the contract sum and payments made towards the project,” the report stated. PIAC also observed that a separate ABFA investment of US$30 million by GIIF in the Accra International Airport has yielded US$17.9 million in interest and fee receipts between 2017 and 2025 representing almost 60 percent of the original capital deployed. The Committee is further urging the Minister for Finance to comply with parliamentary appropriations in the allocation of ABFA to the District Assembly Common Fund (DACF), after PIAC noted that only US$1.87 million representing 0.43 percent was disbursed instead of the required US$21.67 million (5%).

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Heath Goldfields Signs Offtake Agreement and Debt Financing with Trafigura for Bogoso Prestea Mine

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Heath Goldfields LTD, has announced the signing of a landmark gold offtake agreement with Trafigura Pte Ltd which will see to the Trafigura purchasing 700,000 ounces gold doré from the Bogoso-Prestea operation. In a statement released on Thursday, April 9,2026 Heath Goldfields LTD stated that the the agreement not only represents one of the most significant gold offtake commitments in West Africa in recent years but also marks a major milestone in the Bogoso-Prestea revival programme. Heath Goldfields LTD added that the signing of agreement will also see to Trafigura providing US$65 million in debt financing to support the restart of the mine’s oxide ore operations. The transaction which was structured and arranged by Verdant IMAP, acting as exclusive financial advisor, with Sullivan & Worcester UK LLP in London and JLD & MB Legal Consultancy in Accra as legal advisors to Heath Goldfields will also provide for the for the purchase of gold doré produced at the Bogoso-Prestea processing facility with deliveries expected to commence in line with Heath Goldfields’ production schedule. Speaking to this, the Managing Director, Heath Goldfields LTD, Patrick Appiah Mensah, highlighted that the strategy secures long-term growth, stable jobs, and community benefits, while showing confidence in Ghana’s mining sector and local operators.   “”This agreement with Trafigura is a defining moment for Heath Goldfields and for the Bogoso-Prestea Mine. To have one of the world’s foremost commodity trading houses commit to such a significant offtake is a powerful endorsement of our operational strategy, our resource base, and the long-term future of this historic operation. It further provides the revenue certainty we need to accelerate investment, create sustainable employment, and deliver lasting value to our host communities. This is not just a commercial milestone, it is a statement of confidence in Ghana’s mining sector and in the ability of an indigenous operator to deliver at scale.” He stated Also the Head of Metals and Minerals at Trafigura Group, Gonzalo De Olazaval, expressed confidence in the partnership, highlighting its expansion into Ghana’s gold sector and continued commitment to Africa’s metals market. “We are pleased to sign this offtake agreement with Heath Goldfields. This is Trafigura’s second gold transaction on the African continent and our first in Ghana’s gold sector- a market where we have long-standing commercial relationships across other commodities. Trafigura has been active across metals and minerals markets in Africa for over two decades, and the continent remains a cornerstone as we continue to expand our precious metals business. Bogoso-Prestea is a producing asset with a strong operational team and LMA compliance, and we look forward to applying our physical trading expertise and market access in support of a Ghanaian-owned operation of this quality.“he said The agreement becomes Trafigura Pte Ltd, a market leader in the global commodities industry,second ever gold transaction on the African continent and first ever in the Ghanaian gold sector.

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Ghana’s Former Finance Minister Ken Ofori-Atta Released from ICE Detention

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Ghana’s Former Finance Minister Ken Ofori-Atta has been released from detention by the United States Immigration and Customs Enforcement (ICE), his lawyer has confirmed. According to a statement issued on his behalf, Mr. Ofori-Atta was released on Monday, 7th April 2026, pursuant to a judicial order, and has since returned home to be with his family. The statement indicated that the former minister intends to pursue all available legal avenues in defence of his rights. “Mr. Ofori-Atta remains fully committed to use due process in defence of his rights as guaranteed under the constitution and laws of the United States,” the statement noted. The family also used the statement to express gratitude to all those who stood by them during the period of his detention. “He and his family remain thankful to God and all those who have offered prayers and support during this period,” it added. Mr. Ofori-Atta served as Ghana’s Minister of Finance from 2017 to 2023 under the Akufo-Addo administration and was a central figure in Ghana’s economic management, including the country’s engagements with the International Monetary Fund during the debt crisis period. The circumstances surrounding his initial detention by ICE were not detailed in the statement.​​​​​​​​​​​​​​​​  

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NIA Debunks Claims Ghana Card Can Be Used for Financial Transactions

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The National Identification Authority (NIA) has dismissed as inaccurate and misleading recent media reports and circulating information suggesting that the Ghana Card can now be used to conduct financial transactions. In a press statement issued on Wednesday, 8th April 2026, the Authority stated unequivocally that the Ghana Card has not been activated for financial transaction purposes. “Members of the public are advised to disregard any such claims and are encouraged to rely only on official communications from the National Identification Authority,” the statement read. The NIA, however, acknowledged that high-level discussions are underway involving policymakers and key institutions within the financial and regulatory sectors on the potential future integration of the Ghana Card into financial transaction systems. According to the Authority, the deliberations form part of broader efforts to enhance digital identity usage and promote financial inclusion in Ghana. The NIA was, however, quick to stress that the discussions remain inconclusive as of the time of the release. The Authority assured the public that any official decision, policy direction, or rollout concerning the use of the Ghana Card for financial transactions will be formally communicated through appropriate and verified channels. The NIA reiterated its commitment to safeguarding the integrity, security, and proper use of the National Identification System.  

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Vaccination Recommended, Not a Requirement —Foreign Affairs Ministry Issues Senegal Travel Advisory

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Ghana’s Ministry of Foreign Affairs has urged Ghanaians travelling to Senegal to ensure they are medically prepared ahead of their trip, following updated entry health guidelines from Dakar. In a public announcement, the Ministry stated that it had received communication from Senegal’s Ministry of African Integration, Foreign Affairs and Senegalese Abroad indicating that vaccination against yellow fever, DPT, measles, and hepatitis A and B is recommended for all foreign travellers entering the country. The Ministry, however, clarified that the presentation of a vaccination certificate for these diseases is not mandatory for entry into Senegalese territory but just a recommendation lsolely in the interest of the health and safety of travellers. The Ministry of Foreign Affairs then urged all Ghanaian travellers to Senegal to take note of these guidelines and ensure they are adequately prepared ahead of departure. “The Ministry of Foreign Affairs remains committed to safeguarding the welfare of all Ghanaians travelling abroad and encourages compliance with all entry and health requirements of destination countries,” the statement read.​​​​​​​​​​​​​​​​

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Gov’t Awards Damang Mining Lease to Engineers and Planners Ltd

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  The Ministry of Lands and Natural Resources has approved the recommendation of its Tender Committee to grant the Damang Mining Lease to Engineers and Planners Ltd (E&P), following a competitive tender process that attracted four bidders. The Ministry in a statement released on Tuesday, April 7,2026 disclosed that the four companies that submitted their bids by the 16:00 GMT deadline on Tuesday, 31st March 2026, were Vortex Resources Mining Group, Engineers and Planners Ltd, Heath Goldfields Ltd, and Maripoma Mining Services Ltd with all tenders being assessed under the guidelines issued by the Minister in accordance with Regulation 258(4) of LI 2176. The statement also stated that per the mandatory requirements spelt out in Phase 1, Annexure C of the Notice, only Engineers and Planners Ltd and Heath Goldfields Ltd met the mandatory requirement with Maripoma Mining Services Ltd and Vortex Resources Mining Group being disqualified for failing to submit the required documents. The mandatory requirements included proof of wholly owned Ghanaian registered company with registration documents indicating current directors, shareholdings and beneficial ownership; valid tax clearance certificate; valid SSNIT clearance certificate; valid VAT clearance certificate; valid certificate of incorporation; and payment of the application fee of GHS100,000.00.   The Ministry also added that from there,pursuant to Regulation 260(7) of LI 2176, the two responsive tenders were submitted to the Tender Committee for technical and financial evaluation with Heath Goldfields Ltd, failing to achieve the minimum qualifying score of 80%. E&P’s however according to the Tender Committee “satisfied all mandatory requirements set out in the Notice and provided documentary evidence of access to financing, meeting the USD 500 million minimum threshold. The tender documentation indicates that the Company possesses experience and knowledge relevant to the operations. infrastructure, and geology of the Damang Mine and submitted proposals for the development of same, including measures intended to extend the life of mine beyond ten (10) years”. The Tender Committee also added that E&P “attained the highest evaluated score” and “demonstrated the highest capability to operate the Damang mine, substantiated by their submission of the most viable tender.” The Ministry  went ahead to commend the Commission, particularly members of the Tender Committee, for their dedication to the assignment, and reiterated Government’s commitment to the Damang Mine’s continued contribution to Ghana’s economy.