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OSP directs TOR to suspend proposed partnership deal with TEPL
The Office of the Special Prosecutor (OSP) has directed the management of the Tema Oil Refinery (TOR) to suspend its proposed partnership agreement with Tema Energy and Processing Limited (TEPL).
The OSP, in a letter dated November 21, 2023, and addressed to the Managing Director of TOR, Daniel Osei Appiah, said “It has commenced an analysis of the risk of corruption in respect of the proposed partnership.”
“You are directed to immediately suspend the proposed partnership agreement, ongoing negotiations, operations and all other ancillary activities arising out of and consequent upon the proposed partnership agreement until you are otherwise advised by the Special Prosecutor.”
The directive of the Special Prosecutor follows agitations of staff of the Tema Oil Refinery (TOR) who expressed their opposition to the partnership deal with Torentco Asset Management Limited now Tema Energy and Processing Limited.
On Monday, November 20, the General Transport, Petroleum, and Chemical Workers Union of the Trades Union Congress (TUC) Ghana petitioned the Special Prosecutor to investigate the lease agreement between the Tema Oil Refinery and Torentco Asset Management Limited.
In a petition, the Workers Union said, “We wish to request that your highly esteemed office investigate and intervene in the ongoing lease arrangement of Tema Oil Refinery to Torentco Asset Management Limited, now Tema Energy and Processing Limited, with the same individuals involved.”
The Transport Workers Union believes “the actions of the individuals behind Tema Energy and Processing Limited seek to induce workers of TOR with 20% of its shares through misrepresentation of workers in an entity by the name “TOR Workers Charity Trust” that never existed nor heard of at TOR, apart from the five individual directors and direct beneficiaries of this trust.”
They expressed fear that the country might be shortchanged because the Board of Directors of TOR has been compromised in the deal.
“We are tempted to believe the BoDs have been compromised to shortchange the country, Ghana. Otherwise, why will the BoDs be adamant in the face of all these red flags? Even when entities such as Falcon American Oil and Legacy Capital have also approached the management of TOR with very lucrative and compelling proposals, the BoD and Management have been resolute in ensuring that regardless of all the red flags, they will lease TOR to Torentco/TEPL for six (6) years.”
They added, “In the spirit and letter of the whistle-blowers’ Acts, we want to officially petition your outfit as our last option, having written to the Ministry of Energy, the Parliamentary Select Committee on Mines and Energy, SIGA, the Public Procurement Authority, the Ministry of Justice and the Attorney General department and the Ministry of Finance for their respective intervention for the prevention of a possible replica of ECG/PDS scandal.”
Source: Citinewsroom.com
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Communication Ministry To Train 3000 Girls This Year Under The Girls-In-ICT Initiative
The Ministry of Communication, Digital Technology and Innovations is set to train 3,000 girls under this year’s Girls-In-ICT Initiative.
The 2025 edition of the programme will expand its footprint to three key regions: Volta, Upper East and Upper West, with each region hosting 1,000 girls for in-person training sessions.
This marks a significant increase in reach and impact compared to previous years, where only 500 girls received face-to-face training while an additional 500 participated online.
By offering full in-person training to all participants this year, the Ministry aims to provide a more immersive and hands-on experience in Information and Communication Technology (ICT) education.
The Minister, Samuel Nartey George (MP) revealed this when a team from TATA Consultancy Services (TCS) paid a courtesy call on him today in his office and expressed interest in supporting the Girls-In-ICT Initiative.
During the meeting, the TCS team led by the President-MEA, Sumanta Roy commended the Ministry for its efforts in promoting digital inclusion and bridging the gender gap in technology through the Girls-In-ICT programme.
They emphasized the alignment of the initiative with TCS’s global corporate social responsibility agenda, which includes advancing education, promoting digital skills, and empowering underrepresented groups, especially young women in the tech industry.
The Honourable Minister welcomed the interest shown by TCS and noted that strategic partnerships like this are essential to the sustainability and expansion of the initiative.
The Girls-In-ICT Initiative, one of the Ministry’s flagship programs, seeks to equip young girls with practical digital skills and introduce them to the vast opportunities within the ICT sector.
The initiative also aims to address gender disparity in STEM fields and encourage greater female participation in Ghana’s digital economy.
Hon. Samuel Nartey George (MP) speaking about the 2025 rollout, stated: “This year’s program represents our commitment to building inclusive digital skills and creating future leaders in tech.
By expanding in-person sessions to all participants, we’re ensuring that every girl has the opportunity to learn, engage, and grow with hands-on support from professionals and mentors”.
Participants in this year’s training will receive instruction in coding, basic computer operations, cybersecurity and creative digital tools.
The programme also features mentorship sessions with women in tech, ICT competitions and career development workshops designed to build confidence and spark innovation among the girls.
According to the Minister, empowering girls today with ICT skills will transform communities and drive national development. The initiative is a key part of Ghana’s broader digital transformation agenda, which emphasizes equitable access to digital tools and education for all citizens.
About the Girls In ICT Initiative:
The Girls-in-ICT (GIICT) Initiative was introduced in Ghana in 2012. It is an initiative by the International Telecommunications Union to create a global environment that empowers and encourages girls and young women to consider studies and careers in the growing field of ICT.
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GEXIM deepens relations with US EXIM Bank
A management team of the Ghana Export – Import Bank (GEXIM) led by the Acting Chief Executive, Sylvester Mensah met with the leadership of the Export–Import Bank of the United States (US EXIM) on Wednesday April 23, 2025 in Washington DC, United States of America.
The Acting President and Chairman of US EXIM, Mr. James C. Cruse and Vice President, International Relations, Ms. Isabel Galdiz received the GEXIM delegation, which included Deputy CEO for Banking, Mr. Moses Klu Mensah and Head of International Cooperation, Mr. Jonathan Christopher Koney at the headquarters of US EXIM.
The meeting offered the GEXIM team the opportunity to share the strategic direction of the Bank in line with the resetting agenda of the President of the Republic, His Excellency John Dramani Mahama for the repositioning of the Ghanaian economy into an export-led one by providing the requisite investment to Ghanaian businesses.
Mr. James C. Cruse expressed US EXIM’s eagerness to deepen its existing relations with GEXIM and proposed the signing of a new Cooperative Framework Agreement following the expiration of a Memorandum of Understanding signed in 2019 to utilize US EXIM’s medium term loan guarantees to procure machinery by GEXIM for qualified Ghanaian Small and Medium-sized Enterprises (SMEs).
Mr.Sylvester Mensah thanked the Acting President and Chairman of US EXIM for hosting the GEXIM delegation and reaffirmed the Ghanaian government’s commitment to strengthening trade and investment between Ghana and its global partners for economic transformation of Ghana with GEXIM playing a pivotal role.
The two teams will be meeting on the sidelines of the 2025 US EXIM Annual Conference on 29th and April 30, 2025 to explore possible areas of collaboration and matching Ghanaian businesses to American companies. The meeting ended with an exchange of gifts.
