Month: July 2025

Mining: EBID Invests $120m Financing Facility In Ghana’s E&P To Acquire Black Volta

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The Board of Directors of the ECOWAS Bank for Investment and Development (EBID)has approved a $120 million financing facility for Engineers & Planners Limited (E&P), a leading indigenous mining and construction firm in Ghana, to acquire the Black Volta Gold Mine. A statement made available to this medium by Anita SOMDA of the communication and external relations unit, EBID, said this transaction marked a significant step toward establishing Ghana’s first fully indigenous, wholly owned mining company, aligning with global standards for local participation and sustainable resource development. The transaction, which started…

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Tax Reforms: Opportunity To Rebuild Fiscal Compact, Promote Equity—Expert

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…says women still face structural disadvantages A development economist and fiscal governance expert, Professor Chiwuike Uba, has commended the signing into law of the tax reform bills. Describing the reforms as a historic opportunity to rebuild fiscal compact, promote equity as well as restore public trust, he said Nigeria’s tax system had long been a microcosm of the country’s wider governance dysfunction—characterised by a narrow tax base, over-taxed wage earners, chronically under-taxed elites, a vast informal sector, and public mistrust rooted in decades of poor service delivery and corruption. He,…

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