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BUSINESS

The hypocrisy of NDC on Agyapa deal: Similarities between Agyapa and Gold Coast Company (GCC).

On September 4, 2020, Paul Adom Otchere released a five minutes video that showed identical objectives between NPP Agyapa deal and NDC Gold Coast Company.  NDC had an intention to use Ghana royalties for an establishment of Special Purpose Vehicle (SPV) during President Mills administration. Paul posted a slide in his video that showed the benefits of GCC. It said that, “The GCC will provide a variety of funding options to the government. 1. The sale of stake in the GCC through an IPO”  This implies that

  1 year ago ago
The hypocrisy of NDC on Agyapa deal: Similarities between Agyapa and Gold Coast Company (GCC).

BUSINESS

Agyapa Royalties:" offering Ghana's Gold to financial specialists through SPV", Alex Mould.

The Agyapa / Asaase understanding - offering Ghana's Gold Royalties to financial specialists through a SPV - has made a turmoil and as it should be.  It prevailing with regards to muddying the waters and raises various lawful and valuation questions.  Right off the bat, it brings up the significant issue regarding whether Ghana Govt ought to bet by putting resources into a Fund, which will be overseen by a Fund Manager with no detailed reserve the board history. A Fund with obscure targets, and sponsored

  1 year ago ago
Agyapa Royalties:

ECONOMY-FINANCE

Do you know when Ghana, First Heard of a Special Purpose Vehicle (SPV)? Read!

The government on announced that it had, through the Ministry of Finance and the Electricity Company of Ghana (ECG) Limited suspended the concession agreement with PDS with immediate effect in two years back.

  10 months ago ago
Do you know when Ghana, First Heard of a Special Purpose Vehicle (SPV)? Read!