Tears of Africa

  I write to commend the recent decision to withdraw the revised 2025 Mining Lease Agreement for the Ewoyaa Lithium Project from parliamentary ratification.This move, announced on December 10, 2025, reflects a prudent response to widespread stakeholder concerns and public scrutiny, allowing for essential consultations. It positions Ghana to avoid repeating the historical pitfalls of its extractive sector—such as undervalued deals in gold mining that have yielded minimal long-term benefits despite decades of production. Lithium, as a critical "green mineral" fueling the global energy transition, represents a strategic opportunity for Ghana to capture greater value, foster industrial development, and ensure equitable resource governance. However, rushing into suboptimal terms risks entrenching foreign dominance in the value chain, environmental degradation, and fiscal losses amid volatile markets. My advice is candid and evidence-based: Prioritize national sovereignty, transpa...

  With the Bank of Ghana preparing to mainstream Non-Interest Banking across the industry, a historic opportunity is unfolding—one that Ghanaian banks cannot afford to ignore . NIB is not just an alternative system; it is a strategic blueprint for profitability, resilience, and market expansion in today’s evolving financial landscape. Below is a detailed Opportunity Map showing where the real value lies for forward-thinking banks: 🔶 1. Tapping Into a Large Untouched Market More than 6 million Ghanaians remain either unbanked or partially banked due to distrust in interest-based products. NIB’s ethical, transparent, asset-backed structure opens the door to: Faith-based communities Rural and semi-urban markets Micro-traders and SMEs Young entrepreneurs seeking affordable financing This is a multi-billion-cedi market hiding in plain sight. 🔶 2. High-Profit Asset-Backed Financing NIB contracts like Murabaha (cost-plus financing) and Ijarah (leasing) allow...