Connect with us

News

Ghana Inaugurates First Commercial Gold Refinery, Set To Boost National Revenue And Employment

Published

on

Ghana, Africa’s leading gold producer, has taken a significant step towards adding value to its gold production and increasing national revenue with the inauguration of its first commercial gold refinery in Accra. The Royal Ghana Gold Refinery, a joint venture between India’s Rosy Royal Minerals and Ghana’s central bank, has the capacity to process 400 kilograms of gold per day.

Vice President Mahamudu Bawumia hailed the refinery as the beginning of “a new era” for Ghana’s gold industry, emphasizing its potential to curb gold smuggling and maximize the country’s earnings. The refinery is expected to create between 80 to 120 direct jobs and an additional 500 indirect jobs, contributing to local employment.

Ghana has maintained its position as Africa’s top gold producer, with output reaching 4.03 million ounces last year. The new refinery aims to address issues of gold smuggling and unregulated artisanal mining by providing a local option for refining, thereby retaining more value within the country.

The launch of the Royal Ghana Gold Refinery represents a strategic move to enhance Ghana’s gold sector, offering the potential to transform the country’s economic landscape by capturing more value from its vast mineral wealth. However, small-scale miners have called for transparency in the refinery’s operations to build trust and ensure industry support.

Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

News

Cybersecurity and Data Protection in Africa

Published

on

By

Map of Africa

Kimma Wreh (CIO, Excel Global Media Group Inc) provided keynote address on Cybersecurity and Data Protection in Africa at the Innovate Africa Conference 2024. The conference was held at George Washington University in Washington DC in September 2024.

To book Kimma, send email to exceltekay@gmail.com or call 832-483-4864.

Continue Reading

News

Olojo Festival: Honoring the Gods and Celebrating Yoruba Heritage

Published

on

By

Olojo Festival - Diaspora Watch -Vol. 23 (Nov. 4-10, 2024)

The Olojo Festival, an ancient and vibrant Yoruba festival, is a grand celebration held annually in Ile-Ife, Nigeria, to honor Ogun, the god of iron and war, and the rich heritage of the Yoruba people. This deeply spiritual festival brings thousands of people together, showcasing traditional customs, colorful attire, music, and rituals that highlight Yoruba history and mythology.

The highlight of the event is the appearance of the Ooni of Ife, who dons the sacred Are Crown, believed to hold immense spiritual power. Through processions, sacrifices, and community gatherings, the Olojo Festival strengthens cultural identity, unites people, and pays homage to the gods. As an enduring celebration of Yoruba pride, it captivates locals and visitors alike, reminding all of the deep cultural legacy of Ile-Ife.

Olojo Festival: Honoring the Gods and Celebrating Yoruba Heritage

Welcome to the highly anticipated 23rd volume of Diaspora Watch, your indispensable source connecting the vibrant African diaspora around the world! This edition is packed with captivating stories and in-depth analysis.

FREE Digital View: https://www.flipsnack.com/excelglobalmedia/diaspora-watch-vol-23-nov-4-10-2024/full-view.html

Print on Demand: https://www.magcloud.com/browse/issue/2935447?__r=1069759

SUBSCRIBE TO DIASPORA WATCH NOW ON THE BELOW LINK !!!

https://diasporawatch.com/subscribe-to-diaspora-watch-newspaper/

 

Continue Reading

News

Ademola Lookman Tipped as Favorite for 2024 CAF Player of the Year Award

Published

on

By

Ademola Lookman -Diaspora Watch -Vol. 23 (Nov. 4-10, 2024)

Ademola Lookman, the Nigerian forward making waves across African and European football, has emerged as a leading contender for the prestigious 2024 CAF Player of the Year Award. Known for his agility, sharp finishing, and impactful performances, Lookman has consistently delivered for both club and country, contributing crucial goals and assists throughout the season.

His influence on the pitch and commitment to excellence have caught the eye of football analysts, who see him as a potential winner. If crowned, Lookman would join the ranks of African football legends who have claimed this title, cementing his status among the continent’s elite players. Fans are eagerly awaiting the CAF Awards ceremony to see if Lookman’s stellar season will be rewarded.

Welcome to the highly anticipated 23rd volume of Diaspora Watch, your indispensable source connecting the vibrant African diaspora around the world! This edition is packed with captivating stories and in-depth analysis.

Ademola Lookman -Diaspora Watch -Vol. 23 (Nov. 4-10, 2024)

FREE Digital View: https://www.flipsnack.com/excelglobalmedia/diaspora-watch-vol-23-nov-4-10-2024/full-view.html

Print on Demand: https://www.magcloud.com/browse/issue/2935447?__r=1069759

SUBSCRIBE TO DIASPORA WATCH NOW ON THE BELOW LINK !!!

https://diasporawatch.com/subscribe-to-diaspora-watch-newspaper/

 

Continue Reading

Trending