Tag: BDC
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Banks to be repaid from $ 2.4bn energy bond by end of August
Banks that are exposed to the energy sector debt should be receiving their due from the proceeds of the bond by the middle of this month [August]. It will follow the issuance of the 15 year energy bond to clear the 2.4 billion dollar debt, barring any last minute changes. According to the Managing Director of…
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Petrol, diesel prices to go up by 3 percent next week
The Institute of Energy Security (IES) has predicted a 3 percent increase in fuel prices next week. According to the Institute, due to current developments around the world, it is likely prices for the next pricing window will go up. “If you look at the crude oil price at the world market, the cedi dollar…
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Ghana is safe from kerosene shortage – Energy Institute
The Institute for Energy Security (IES) has downplayed fears of a likely shortage of Kerosene following scarcity of the product in Nigeria. According to the Institute, Ghana has about 20 million litres of domestic kerosene and seven thousand liters of aviation kerosene available and will not be experiencing a shortage any time soon. “Ghanaians need…