Back to Latest Briefings
July 21, 2026
AI-Enhanced
Russia, Ghana explore cooperation in nuclear energy, fertiliser production and mining
Money
Policy
Opportunity
Growth
Key Points
- Russia and Ghana are exploring deeper economic cooperation across nuclear energy, agriculture, and mining sectors.
- A Memorandum of Understanding (MoU) has been signed between the Ghana Atomic Energy Commission (GAEC) and Russia’s Rosatom for potential future collaboration in nuclear energy.
- Russia is prepared to increase fertilizer supplies to Ghana and support the establishment of localized fertilizer production facilities.
- In the mining sector, Russia has expressed interest in joint development of gold and bauxite deposits, focusing on value addition.
- Russia views Ghana as a strategic partner for accessing wider African markets under the African Continental Free Trade Area (AfCFTA) framework.
Why This Matters
This collaboration signifies Ghana's efforts to diversify its economic partnerships and attract foreign investment and technology in critical sectors. It could lead to enhanced energy security, improved agricultural productivity through local fertilizer production, and value addition in the mining sector, all vital for Ghana's sustainable economic development. Furthermore, leveraging Ghana's position as a gateway to AfCFTA markets could boost its regional trade influence.
Read Full Article
View original sourceRelated Articles
October 29, 2026
Asene farmers demand compensation for farms destroyed by Accra-Kumasi expressway
- Over 200 farmers at Akyem Asene in the Eastern Region are appealing to the government for adequate compensation for farms destroyed for the new Accra-Kumasi expressway.
- Affected properties include cocoa, food crop, and oil palm farms, which were their main sources of livelihood.
- The farmers staged a demonstration, detailing economic hardships, including difficulty meeting daily needs and paying school fees, since their farms were destroyed over eight months ago.
- Leaders highlighted significant financial losses, with one farmer, Da Costa Asamoah, losing an estimated GH¢40,000 annual income from his 8-acre cocoa farm.
- The Ghana Highway Authority (GHA) confirmed that some farms have not yet been measured, explaining the delay by an increase in the expressway's width from 120 metres to 150 metres, affecting additional farmers.
October 29, 2026
NAIMOS begins community engagements in galamsey-prone areas
- The National Anti-Illegal Mining Operations Secretariat (NAIMOS) has launched community engagements in galamsey-prone areas.
- The initiative aims to strengthen collaboration, build public confidence, address local concerns, and improve intelligence sharing.
- Engagements will involve traditional authorities, local government officials, and opinion leaders to tackle environmental and livelihood challenges.
- This strategy complements existing enforcement operations rather than replacing them, as part of a broader coordinated effort.
- The program aligns with the Minister for Lands and Natural Resources' strategy and President John Dramani Mahama's vision to intensify the fight against illegal mining.
October 29, 2026
‘We tend to be open-minded and liberal, but that’s not how we’ve lived so far’ – Kufuor
- Former President Kufuor advocates for a Ghana where individual enterprise thrives, supported by strong leadership and inclusive governance.
- He emphasizes leveraging Ghana's natural resources and human talent, cautioning against stifling initiative with excessive taxation.
- Kufuor envisions a state framework that empowers the private sector to mature, attract investment, and allow citizens to build legitimate wealth.
- His vision balances private enterprise with robust social protection, calling for quality education, healthcare, and a safety net against poverty.
- He highlights Ghana's potential through its mineral resources (gold, lithium, bauxite, manganese) and the character of its people to achieve shared prosperity.