News
President Akufo-Addo breaks ground on $12 Billion Petroleum Hub Project

In a significant move poised to reshape Ghana’s energy landscape, President Nana Addo Dankwa Akufo-Addo has broken ground on the first phase of the ambitious Petroleum Hub Project.
The ceremony, held on August 19, 2024, in Nawule, Jomoro, Western Region, marks the commencement of a transformative journey aimed at creating a modern, diversified, and financially sustainable energy economy for the country.
The Petroleum Hub Project, which carries an estimated total cost of $12 billion, is designed to elevate Ghana’s standing as a key player in Africa’s energy sector. The hub, which will be developed in three independent phases, is set to include a 300,000 barrels per day (bpsd) refinery, a petrochemical plant, and extensive storage and port facilities. The project’s scale and ambition highlight Ghana’s commitment to addressing its energy challenges and leveraging its resources for long-term growth.
During the groundbreaking ceremony, President Akufo-Addo expressed his optimism about the project’s potential to transform Ghana’s economy. “Today is a very good day for our homeland, Ghana. This project promises to be a cornerstone of our nation’s development, ensuring that all Ghanaian homes and industries have access to reliable, affordable, and environmentally sustainable energy.”
The President underscored the strategic importance of the project, noting that it would not compete with existing refineries in the region but rather complement them, with a focus on serving the African Continental Free Trade Area (AfCFTA) market. The hub is expected to create approximately 780,000 direct and indirect jobs, stabilize the national currency, and stimulate local economic development.
President Akufo-Addo also highlighted the environmental considerations embedded in the project, emphasizing the incorporation of cutting-edge technology and green buffers to support local fauna and flora.
The President directed the Ministry of Energy to ensure the training of 200,000 skilled, semi-skilled, and unskilled Ghanaians in preparation for the project’s takeoff, with a significant portion of these workers coming from the Jomoro area.
“We envision a facility that will be a benchmark for crude and petroleum product pricing in Africa,” he stated, stressing the project’s alignment with global environmental sustainability standards.
The first phase of the project, led by the TCP-UIC Consortium, represents a crucial step towards achieving Ghana’s energy goals. The consortium, comprising several international and local partners, has been chosen for its technical expertise and financial capacity to deliver on the project’s ambitious timelines. President Akufo-Addo assured the consortium of the government’s full support, stating, “Your success is our priority.”
In addition to the economic and environmental benefits, the project is expected to have a profound social impact, particularly in the Jomoro enclave. The President announced the allocation of GH¢200 million by the Ministry of Finance for land compensation to affected communities, recognizing the generous contributions of the Chiefs and people of Jomoro who have offered their land for the project.
President Akufo-Addo commended their dedication and collaboration, which have been instrumental in bringing the project to fruition. He called on all stakeholders to unite in making the Petroleum Hub Project a reality, emphasizing its importance for future generations.
The project is also expected to lead to the establishment of the Jomoro Petroleum Hub Development Corporation (JPHDC), with its headquarters in Jomoro.
The groundbreaking ceremony was attended by key stakeholders, including government officials, traditional leaders, and representatives from the private sector.
As Ghana embarks on this bold initiative, the Petroleum Hub Project stands as a testament to the nation’s determination to achieve energy independence, economic diversification, and sustainable development.
News
38-year-old man gets life imprisonment for killing Assemblies of God pastor in 2018

After close to seven years of trial, a seven-member jury on Wednesday, May 14, returned a guilty verdict in the murder case involving the killing of the Senior Pastor of the Central Assemblies of God church at Tema in 2018.
The convict, Francis Nabegmado, a relative of the deceased, inflicted a fatal knife wound on Rev. Dr. David Nabegmado on December 30, 2018, after alleging that the senior pastor was a false preacher who engaged in idol worship and human sacrifices.
After an hour of summing up by the judge, Mary Maame Ekue Yanzuh, the jury retired briefly and returned with a unanimous guilty verdict.
Based on the unanimous verdict of the jurors who had previously studied the statements of the five witnesses called by the prosecution, and listened to the summing up process, the judge sentenced the 38-year-old to life imprisonment.
When he was offered an opportunity to comment on the verdict, the convict told the judge that he wanted to go home to meet his family.
“My Lady, I want to see my family, and I want to be taken to Yendi”.
When the judge told him she couldn’t make such an order for him to go and see his family in Yendi, the convict forcefully said, “I insist”.
Francis, who will now spend the rest of his life at the Nsawam medium security prison, had told the court throughout the trial that the decision to attack his uncle, Rev. Nebegmado, was driven by insanity, but that did not save him from receiving a life sentence.
Speaking briefly after the sentencing, Senior Pastor of the Assemblies of God church at Tema Community 4, Rev. Emmanuel Kwesi Ofori, said the church has been waiting for this closure for the past seven years and will soon issue an official statement.
Source: Myjoyonline.com
News
KAB-FAM CEO wins Retail & Commerce Innovation Award at 2025 Millennium Excellence Awards

The Founder and Chief Executive Officer of KAB-FAM Ghana Ltd, Mr. Antwi-Boahen, was honoured at the 25th Anniversary Edition of the Millennium Excellence Awards, held on Friday, May 9, 2025, at the Manhyia Palace in Kumasi.
The event was hosted under the auspices of Otumfuo Osei Tutu II, Asantehene and Life Patron of the awards scheme, which is widely regarded as one of Africa’s most prestigious honours.
The Millennium Excellence Awards celebrate personalities who have demonstrated outstanding achievement in their respective fields. Past laureates include global figures such as Archbishop Desmond Tutu, Kofi Annan, Mo Ibrahim, and Professor Wole Soyinka.
Mr. Antwi-Boahen received the award for Retail and Commerce Innovation, in recognition of his role in transforming KAB-FAM Ghana Ltd into a leading player in the electronics and home appliances retail sector.
Founded in May 2013 and operational by October 2014, the company has expanded rapidly over the last decade, now operating 16 branches and providing direct and indirect employment to over 1,300 people.
Under Mr. Antwi-Boahen’s leadership, KAB-FAM has grown to hold a 12% share of the market as of 2022, positioning itself as a major wholly Ghanaian-owned brand in the sector.
The company’s growth has been driven by a combination of technology-driven innovation, strategic pricing, a focus on customer service, and a commitment to making quality electronics more accessible to the general public.
Today, KAB-FAM is noted not only for its expansive retail presence but also for its strong online visibility, with a combined social media following of nearly one million across platforms.
The recognition affirms the company’s growing influence and Mr. Antwi-Boahen’s contribution to Ghana’s retail landscape.
Earlier this year, KAB-FAM acquired Hilbery, World’s First Design-Centric Appliance Brand with customers in several African countries, the UK, Europe and America, and are the Country Agent of Haier, Global No.1 Appliance Brand By Market Share for 16 Consecutive Years, cementing KAB-FAM’s position as a Market Leader.
Mr. Antwi-Boahen is a marketing and advertising luminary, one of the core reasons for the success of KAB-FAM and a strong champion of data research and analytics.
He has over fourteen (14) years’ experience in sales, marketing, and business operations in the FMCG sector with an aggressive appetite for business development and expansion.
He also consults for a number of businesses and organisations in Ghana, Africa, and Asia on branding, brand visibility, and advertising.
Mr. Antwi-Boahen has been featured in several local and international journals including Forbes Africa, with spotlights on how he was able to impressively build an electronics and appliance retail giant in less than ten (10) years from the scratch, in a market hitherto dominated only by expatriate firms.
He is a philanthropist, and through KAB-FAM, has extended a helping hand to a number of people and public institutions in need.
Worthy of mention is the donation of cash and home appliances to Madam Ama Forson, a wrongfully convicted 69 year-old woman who was later acquitted and discharged under the Justice for All Programme spearheaded by POS Foundation, for her reintegration into society, in a special ceremony held at the Law Court Complex on June 24, 2021.
KAB-FAM also refurbished and adopted the Department of Chest Diseases at the Korle Bu Teaching Hospital in August 2019.
-
Sports1 week ago
Black Starlets begin second phase of screening exercise with 44 players called to report to camp in Kumasi
-
Sports1 week ago
Swedru All Blacks thrash Nzema Kotoko, Rospak, PAC Academy pick home wins in Zone Two
-
Sports1 week ago
Volunteer applications for FIFA U-20 World Cup Chile 2025 now open