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Nationwide Power Disruptions as Akosombo Dam Shut Down After GRIDCo Substation Fire

  Ghana has been plunged into widespread power disruptions following the complete shutdown of the Akosombo Dam after a devastating fire destroyed key infrastructure at the Ghana Grid Company (GRIDCo) substation at Akosombo. The Ministry of Energy confirmed that the blaze caused extensive damage to the dam’s critical switchyard system, forcing authorities to halt operations entirely — a move that has significantly affected electricity supply across the country. Speaking on the Citi Breakfast Show on Monday, April 27, the Ministry’s spokesperson, Richmond Rockson, described the scale of destruction as severe and unprecedented. The switchyard at the Akosombo Substation is completely burnt down and not salvageable. The primary control room is gone. It was even difficult for us to access the site when we went to assess the situation,” he said. He explained that the damage to the switching system — a critical component for transmitting power from the dam — made it impossible to continue ...
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Ghana Nears IMF Exit as Final Review Mission Arrives in Accra

  An International Monetary Fund (IMF) staff mission is scheduled to arrive in Accra on April 29, 2026, to begin Ghana’s sixth and final review under its Extended Credit Facility (ECF) programme. The mission, expected to stay for about two weeks, will commence formal engagements on April 30, marking a critical step toward Ghana’s planned exit from the IMF-supported programme in August 2026. The country signed onto the three-year ECF arrangement in May 2023 to stabilise its economy and restore fiscal discipline. This final review will assess Ghana’s performance since the fifth review earlier this year, with particular focus on whether outstanding targets and structural reforms have been met or are close to completion. On the fiscal front, discussions will centre on developments in the energy sector, especially debt management and ongoing structural reforms. The IMF team is also expected to scrutinise government spending priorities, including allocations to key social protection prog...

StarLife Assurance Provides GHS100,000 Insurance Cover for SMEGA 2025 Award Winners

  In a strategic move to deepen financial inclusion and support the resilience of Small and Medium-Sized Enterprises (SMEs), StarLife Assurance, in partnership with MTN Ghana, has announced a comprehensive insurance package for each winner of the 2025 SME Ghana Awards (SMEGA). The initiative, unveiled during the 2025 SMEGA Awards ceremony, provides each award-winning entrepreneur with a dual-layer security net: GHS 100,000 in Life Insurance coverage for one year, alongside robust Business Protection against fire and allied perils. While recognition is vital, this intervention shifts the focus toward long-term economic sustainability. In Ghana, SMEs account for most of the workforce, yet they remain the most vulnerable to financial shocks. By providing formal risk-mitigation tools, StarLife and MTN are transforming award recognition into meaningful financial sector impact. According to Alex Twumasi, Head of Commercial Distribution, StarLife Assurance, the partnership with MTN Ghana ...

Nkawkaw Salvation Army Primary School Clinch 2026 MILO U-13 Champions League Title in Sekondi

  Nkawkaw Salvation Army Primary School delivered a statement performance to emerge champions of the 2026 MILO Under-13 Champions League, capping a thrilling national finals held at the Essipon Stadium in Sekondi. The competition, organised by Nestlé Ghana Ltd, once again demonstrated its growing impact on grassroots football in Ghana, drawing more than 5,000 young footballers to the national stage. With over 100,000 pupils engaged annually through district, zonal, and national phases, the tournament has evolved into a key pipeline for identifying and nurturing future football talents. Salvation Army Primary School’s journey to the title was defined by discipline, precision, and attacking brilliance. They booked their place in the final with a resounding 4-0 victory over Wenchi Methodist Primary School in the semi-finals, setting the tone for what would become a dominant campaign. In the final, the Nkawkaw-based side maintained their composure against Kwabenya Primary School from t...

MobileMoney Fintech LTD Shifts Strategic Focus to Deepen Active Usage Across Its Ecosystem

  MobileMoney Fintech LTD is shifting its strategic focus from expanding access to deepening usage across its ecosystem as it works to accelerate financial inclusion and build a stronger digital financial services platform. Chief Products and Services Officer Sylvia Otuo Acheampong shared the update at MTN Ghana’s Media and Stakeholder Forum in Accra, which brought together the media, civil society organisations, regulators and banking partners to discuss the future of digital connectivity and financial services. She said that while the platform has achieved significant scale in registrations and access, the next phase will prioritize active usage and customer engagement. “We have achieved significant scale, but now the focus is on driving usage—ensuring customers actively engage with services beyond basic transactions,” she said. According to her, MobileMoney Fintech LTD is deepening financial inclusion by expanding services such as credit, insurance and advanced payment solutions...

MTN Ghana Reaffirms Confidence In The Economy As CEO Stephen Blewett Outlines A Us$1bn Investment Commitment

  MTN Ghana has announced a US$1 billion investment plan to significantly improve network quality, expand coverage nationwide and strengthen the digital infrastructure that supports Ghana’s economy. The commitment, unveiled by the the Chief Executive Officer, Stephen Blewett, will be rolled out over the next three years and is expected to deliver clearer calls, faster data speeds and more reliable connectivity for millions of customers, including those in underserved communities. “Customers are using more data than ever before, and we must continue to invest to meet that demand and improve service quality”, Blewett said. He added that the network investment demonstrates MTN’s confidence in Ghana and its commitment to contributing meaningfully to the digital transformation of the economy. As part of the programme, MTN Ghana plans to deploy about 800 new cell sites in 2026, boosting network capacity and coverage to meet rapidly growing demand for data services. Beyond improving custo...

Baby rescued after being abandoned in bush at Dichemso-Hafia

  A newborn baby has been rescued after being abandoned in a bush at Dichemso-Hafia in the Manhyia South Constituency of the Ashanti Region. Residents discovered the infant on the morning of Sunday, April 26, and immediately alerted authorities. The baby was subsequently rushed to the Manhyia Government Hospital for urgent medical attention. Confirming the incident to Citi News, Assembly Member for the Dichemso Electoral Area, Ahenkan Baako, said he was informed that a woman who had gone to the bush to attend nature’s call spotted the baby. He added that he promptly notified the police, who arrived at the scene and rescued the infant. The Assembly Member disclosed that the baby is currently receiving treatment at the Manhyia Government Hospital. He urged pregnant women facing difficulties to seek help rather than abandon their babies and called on security agencies to intensify efforts to curb the practice and bring perpetrators to justice. He also appealed to residents and the gen...