Government Seeks Bank Financing For Export SMEs

The Minister for Trade, Agribusiness and Industry, Elizabeth Ofosu-Adjare, has called on the Ghana International Bank (GHIB) to increase financing for export-ready businesses and small and medium-sized enterprises (SMEs) to accelerate the country’s export growth and industrialisation agenda.

The appeal was made during a meeting with the Chief Executive Officer (CEO) of Ghana International Bank, Ian Greenstreet, and his delegation, where the two sides discussed strengthening collaboration to expand the nation’s export sector and attract greater investment into key industries.

According to the Minister, access to finance remains critical for businesses seeking to compete in international markets, and she urged the bank to support export-oriented enterprises with the capital required to expand production and penetrate new markets.

Mrs. Ofosu-Adjare also encouraged GHIB to explore investment opportunities in the nation’s agro-processing sector, particularly in the cocoa, cashew and oil palm value chains, which the government considers strategic to its industrial transformation agenda.

She disclosed that the government intends to expand the Ekumfi Juice Factory as part of efforts to increase value addition to locally produced fruits, enhance industrial output and strengthen Ghana’s export presence in the United Kingdom market.

The Minister said expanding local processing capacity would not only create jobs but also improve the country’s competitiveness by exporting more value-added products instead of raw materials.

She described the discussions with the bank as productive and expressed optimism that stronger collaboration between the government and the financial institution would help unlock new opportunities for Ghanaian exporters and manufacturers.

Mrs. Ofosu-Adjare welcomed GHIB’s commitment to partnering with the government to promote exports, industrialisation and sustainable economic growth, noting that such partnerships are essential to achieving the country’s economic transformation objectives.

Real Madrid Close In On £100m Move For Yan Diomande

Real Madrid are on the verge of signing RB Leipzig winger Yan Diomande after agreeing personal terms with the highly-rated teenager, following Paris Saint-Germain’s decision to withdraw from the race.

The 19-year-old Ivory Coast international had attracted interest from several European heavyweights, including Liverpool, who saw an initial £69 million bid rejected in June. However, the Reds have since turned their attention elsewhere.

PSG emerged as the frontrunners for Diomande’s signature and reportedly had a final offer worth £102.5 million turned down by Leipzig on Sunday.

The French champions have now pulled out of negotiations, insisting they will not compromise their financial principles or squad balance by engaging in an escalating bidding war.

Real Madrid have since moved swiftly, reaching an agreement on personal terms with Diomande. Reports indicate the proposed contract is structured similarly to Jude Bellingham’s deal, with performance-related incentives that increase the player’s earnings over time.

The Spanish giants are expected to pay more than £100 million to secure the winger, who joined Leipzig from Spanish side Leganés last summer on a five-year contract.

Diomande enjoyed a breakthrough 2025-26 campaign, winning the Bundesliga Young Player of the Season award after scoring 12 goals and providing eight assists. His rapid rise has made him one of Europe’s most sought-after young talents, with Real Madrid now poised to win the race for his signature.

David And Goliath: The Curse Of Top Dogs And The Innovative Power Of Underdogs; ‘Am I A Dog That You Come At Me With Sticks?’

The David and Goliath metaphor conveys a powerful message of the glorified champion beaten by the underestimated novice. This narrative depicts champions as villains and transforms the unassuming into heroes.

Subtly, it satisfies our resentment toward those who appear unfairly advantaged while offering hope to those who hold the shorter end of the stick. What gives this story its appeal is our tendency to assume the shoes of David, the underdog, while often ignoring our own attributes that could render us as top dogs and cursed ones as such.

This article provides a strategic perspective on the David and Goliath lore, emphasising the risks of grandiose advantages and how organisations can mitigate them.

It also highlights how we often overlook the qualities necessary in making underdogs heroes, focusing instead on the unexpected victory. Additionally, it covers how underdog organisations can leverage innovation to win and why this approach can work effectively.

Who then is a ‘cursed top dog’? A cursed top dog is an organisation that has developed a key advantage so pronounced that it has become grandiose. Consider Apple and design, Ghana Television and its extensive coverage, or University of Ghana being the first in the country.

In the biblical narrative, Goliath possessed a formidable stature. These advantages are developed over time and bring the organisation certain benefits. They can be so powerful that they appear to make up for other crucial capabilities the organisation lacks, sometimes deceptively so.

For instance, GTV’s extensive coverage and credibility could be seen to compensate for what some may perceive as a lack of dynamism, but this is arguably a dangerous illusion that can lead to complacency.

Risks Confronting Top Dogs

The curse of top dogs is almost inevitable unless organisations remain consciously aware of the risk their grandiose advantages pose. If Goliath had been aware of the risks his height and continuous victory presented, he would have been less susceptible to defeat. These risks are as follows:

Interfered alertness: When results continue to come, organisations become less alert. Blind spots emerge because they fail to see the changing environment. Gradually, it compounds then suddenly the carpet is pulled out from under their feet.

When organisations are winning, they often overlook creative use of resources because results are coming. They say ‘we are winning anyway’ until they are not. Goliath had a sword, spear and javelin but was unable to put them to use.

Compromised secrecy: When advantage is obvious and well known, competitors can anticipate your moves. Secrecy before execution becomes nearly impossible. Think of Apple’s product launches. Once your advantage is known, competitors can copy and counter it.

Every time a Goliath goes into battle, he must cover his forehead in the next engagement because his vulnerability has been exposed. This is why organisations must beware of their palpable advantages and understand where they are most likely to be attacked.

When a political affiliation is no longer news, when everyone knows Apple will soon launch its next phone, the element of surprise is lost. When it is no longer a secret that the Philistines will come with Goliath, David gets to adequately prepare for him.

Resistance to change: There is often resistance to change when things become institutionalised. When systems become grounded, change becomes difficult. Though systems create predictability, overreliance on predictability can lead to underestimating competitors.

Why would Goliath change anything at all when his physique and experience have been working? The organisation, with time, loses its innovative edge. Such an organisation faces a dilemma between protecting the foundations of its legacy and moving according to new trends.

On the other hand, an underdog is the organisation with potential; potential because its capabilities have not yet been tested and it is often underestimated in the competition. These capabilities are not palpable and have not matured to the point of grandiosity.

The underdog’s power, like David, lies in being underestimated and the opportunity to do something entirely new. Consider Peace FM as the first Twi station some decades ago. Most organisations start at this point, with everything to prove and nothing to lose.

The Innovative Power of Underdogs

Every risk inherent in the top dog status, on the flipside, is an opportunity for the underdog. These include:

Focused creativity: Lack of abundance of resources, a common situation for underdogs, makes creativity urgent. When resources are scarce, innovation becomes not just an option but a necessity. Awareness of limitations can spark remarkable creativity, forcing underdogs to find solutions where none seem to exist.

David’s limited skills and experience made him focus on the one skill he was certain of and, additionally, find how to use it creatively; targeting Goliath’s forehead. This, in business, suggests what top organisations are not focusing on is an opportunity for the underdog.

Ability to be flexible: When little is institutionalised, there is little to actually change. There are no entrenched systems or processes to overcome, no legacy mindsets to shift. This flexibility allows underdogs to pivot quickly and adopt new approaches without the friction that plagues larger, more established organisations.

Comparatively, it would be easier for the Israelite to use David than for the Philistines to change Goliath. When nothing is working, nothing gains permanence. It is easier to be welcoming of change when suffering/failure is obvious.

Advantage of secrecy: Underdogs benefit from not being expected to win. It makes competitors pay less attention to their moves, affording them secrecy before execution. This gives them the opportunity to plot without facing counter tactics from opponents.

Nobody expected David to win, not even Saul. Nobody knew he was going to throw stones. Goliath didn’t care to notice that on the battlefield, referring to them as sticks. This gave David the opportunity to conquer without interruption.

Abrupt distraction for competitors: The emotive response to novelty from an underdog is powerful. Shock, exploration, and the novelty effect hold significant power in human society. People experience boredom with the familiar and are drawn to form new favourites.

Innovation feeds the very nature of human existence, excitement, shock, and curiosity. David was a shock to the Philistines, Apple was a curiosity to the tech world, and Dubai was excitement to the global community.

The buzz and news surrounding an underdog’s bold move can distract unsure competitors from their own game. This distraction buys time and allows the underdog to strategize while competitors scramble to respond.

Consider Nokia and Kodak, companies widely seen as having been so focused on their existing advantages that they failed to see the innovation coming. The audacity of the underdog is itself a weapon. It need not be radical to distract; it simply needs to be unexpected.

It is, however, important that underdogs, and in fact all organisations, note that innovation without strategy is merely fancy. Just because David used a stone does not mean you should blindly use sticks in the name of ‘novel’. Being different is not for the sake of it. The underdog’s approach to innovation must be deliberate and strategic.

Above all, we need to take precaution that today’s heroic underdog is potentially tomorrow’s cursed top dog. The cycle continues, and the only way to break it is through constant awareness, strategic thinking, and a willingness to innovate even when success seems assured. Research must be leveraged to achieve this.

Consider your own experience. When has being a top dog in something become a disadvantage? Perhaps you were so confident in your expertise that you failed to see a better approach. When has being an underdog worked to your advantage? Maybe you were underestimated and used that freedom to try something truly innovative.

What represented David’s stones in your case? These questions are worth pondering, for in them lies the key to understanding the delicate balance between advantage and vulnerability, between success and the seeds of failure that success often carries.

Afro Piano Party Set For August 30

Popular Ghanaian TV personality, event MC, and hype man, Emmanuel Adams, popularly known as El Baby, is set to bring the heat this summer as host of the 2026 Afro Piano Day Party on Saturday, August 30.

The much-anticipated party of the year will take over Gyandu Palace, Accra, with a full day lineup curated to give patrons non-stop vibes from afternoon till evening. Afro Piano, the fusion of Amapiano log drums and Afrobeat melodies, has become one of Ghana’s biggest party sounds.

This year’s edition promises to lean fully into that energy with back-to-back music sessions designed for dancing, socialising, and content. On the decks, organisers have booked two of the scene’s most in-demand DJs: DJ Bush on Dem and DJ Kesh Africa.

Both are geared up to ‘set the event ablaze’ with a mix of trending Afro Piano hits, Ghanaian bangers, Afrobeats, and throwbacks. Behind the microphone, the hype will be handled by a trio known for turning up crowds: MC Trapper, MC Talisman, and MC Godson E Swag. With El Baby leading as host, patrons can expect interactive games, shoutouts, and the kind of high-energy presentation the event has become known for.

Speaking ahead of the event, El Baby said this year’s Afro Piano Day Party is about celebrating the culture in broad daylight. ‘We’re taking over Gyandu Palace for a proper daytime experience. Good music, good people, and good vibes only. August 30 is going to be a movie,’ he said. Organisers say the event is curated for music lovers, content creators, and partygoers who want a premium but relaxed day party atmosphere. Expect branded activations, photo zones, and bottle service packages at Gyandu Palace, one of Accra’s go-to venues for upscale events. Tickets and table reservations are expected to drop in the coming weeks.

Atwima Kwanwoma NASPA Promotes Unity Through Sports

The Atwima Kwanwoma Municipal branch of the National Service Personnel Association (NASPA) has organised a sports and games festival to promote unity, teamwork and healthy competition among national service personnel in the municipality.

The event, held at the Foase School Football Park, brought together service personnel from various institutions to participate in a number of sporting and recreational activities, including football, ludo, dame, oware and cards.

A major attraction of the festival was a novelty football match between the Red Team and the Blue Team, made up of both male and female service personnel. The Red Team defeated the Blue Team 4-1 after regulation time in an entertaining encounter.

Although her side lost, goalkeeper Shiela Amoako Dadzie delivered an outstanding performance, making a series of brilliant saves that earned her the Player of the Match award.

She received an undisclosed cash prize from the Atwima Kwanwoma Municipal Director of the National Service Authority, Francis Eduful, in recognition of her exceptional display.

Addressing participants after the event, Mr. Eduful commended the NASPA executives for successfully organising the festival, describing it as an initiative that would strengthen friendship and collaboration among service personnel.

He noted that sports go beyond recreation, serving as an important platform for promoting discipline, teamwork, networking and peaceful coexistence among young graduates undertaking their national service.

Mr. Eduful urged service personnel to actively participate in similar programmes, saying such activities improve physical and mental well-being while creating lasting relationships among colleagues from different educational backgrounds.

He further praised the high level of sportsmanship exhibited throughout the competition and encouraged participants to demonstrate the same commitment and team spirit in their various workplaces and communities.

The Municipal Director reaffirmed the National Service Authority’s commitment to supporting programmes that enhance the welfare, personal development and social integration of national service personnel.

The organisers, through the Atwima Kwanwoma NASPA Media and Publicity Committee, expressed appreciation to Mr. Eduful, participants, volunteers and supporters for making the event a success.

They expressed confidence that the sports festival would become an annual fixture to further promote unity, camaraderie and teamwork among national service personnel in the municipality.

HEPA Plus Commits $3,000 To Herbal Medicine Research

HEPA Plus has committed an initial $3,000 seed fund to support research and innovation in herbal medicine through the launch of the HEPA Plus Awards Scheme (HAS) at the Kwame Nkrumah University of Science and Technology (KNUST).

The initiative, launched in collaboration with the Department of Herbal Medicine, KNUST, and Ebenage Herbal Production and Consult, is designed to promote evidence-based herbal medicine by providing funding, mentorship and career development opportunities for students, researchers and practitioners.

The launch formed part of activities marking the 25th anniversary of the KNUST Department of Herbal Medicine, and was held at the University’s Great Hall.

Speaking at the event, Founder of HEPA Plus, Dr. Ebenezer Agyemang, said Africa’s rich endowment of medicinal plants and indigenous healing knowledge must be backed by scientific research and innovation to unlock their full potential.

He noted that HEPA Plus is committed not only to producing quality herbal medicines but also to investing in research and developing the next generation of herbal medicine innovators.

‘Our universities produce brilliant research every year, yet many promising ideas never move beyond the classroom because young researchers often lack mentorship, funding and industry support. Today, we are taking a step to change that,’ he stated.

According to Dr. Agyemang, the awards scheme seeks to promote safe, effective and high-quality herbal medicine through scientific research, support young researchers with the potential to make meaningful contributions to healthcare, and encourage innovation capable of creating businesses, jobs and lasting impact.

He explained that the US$3,000 seed capital has been provided through HEPA Plus and its flagship brands-Pavi and Plasmox-to support promising research projects under the awards scheme.

Sharing his personal story, Dr. Agyemang recounted how, about 14 years ago, while in his second year at KNUST’s Department of Herbal Medicine, he received GH?30 from his lecturer, Dr. George Henry Sam, to begin research on what eventually became the HEPA Plus brand.

‘There is absolutely nothing too small as far as support is concerned because its outcome can be massive in the future. I am here today because the Department of Herbal Medicine gave me the needed support,’ he said.

He noted that the HEPA Plus Awards Scheme was inspired by that experience and is intended to provide similar opportunities for young researchers to transform innovative ideas into practical healthcare solutions.

Dr. Agyemang disclosed that outstanding participants would receive recognition, mentorship, research support, career development opportunities and possible employment with Ebenage Herbal Production and Consult.

He expressed optimism that Ghana has the capacity to become a continental leader in evidence-based herbal medicine research and innovation and appealed to corporate organisations and development partners to support the initiative, enabling more students and practitioners to benefit.

The KNUST Head of the Department of Herbal Medicine, together with other speakers, underscored the need to strengthen research, innovation and collaboration to advance herbal medicine through scientific evidence, stressing that sustained investment in research would enhance the credibility and global acceptance of herbal medicine.

Present at the ceremony were the Chairman of the KNUST Governing Council, Akyamfour Asafo-Boakye Agyemang Bonsu; the Dean of the Faculty of Pharmacy and Pharmaceutical Sciences, Prof. Samuel Asare-Nkansah, who represented the Vice-Chancellor of KNUST, Prof. Rita Akosua Dickson; the Provost of the College of Health Sciences, Prof. Christian Agyare; the Head of the Department of Herbal Medicine, Dr. Bernard Kofi Turkson; as well as lecturers, researchers, students and other invited guests.

Applications for the HEPA Plus Awards Scheme are now open to researchers, students and practitioners interested in advancing herbal medicine through scientific research and innovation.

Interested applicants can apply through www.hepapluspharmacy.com/award or simply scan the QR code on any HEPA Plus, Pavi or Plasmox product to access the application portal.

Chelsea Open Talks To Sign Danny Welbeck

Chelsea are in talks to sign Brighton striker Danny Welbeck. The 35-year-old is keen on moving to Stamford Bridge and there is optimism from Chelsea’s side that a deal can be concluded.

The Blues are looking for experience because of an acceptance that their model of signing young players needs a ‘tweak’ – according to influential owner Behdad Eghbali in April – and Welbeck could be a good fit.

He scored a career-high 13 league goals in 37 games for Brighton last season, taking his tally to 51 goals in 201 matches since joining from Watford in 2020.

Brighton have declined to comment. Welbeck signed a 12-month contract extension in March, with his current deal running until the end of the 2026-27 season.

There are questions over the futures of several Chelsea forwards, with Joao Pedro regarded as the club’s first-choice option.

Chelsea also have Liam Delap, Emmanuel Emegha, Marc Guiu and Nicolas Jackson on their books.

Guiu is understood to be available for a permanent transfer or a loan move, with Chelsea valuing him at about £25m.

Jackson, who has returned from a loan spell at Bayern Munich, was expected to remain at Stamford Bridge but is open to leaving amid interest from Aston Villa.

Delap was keen to establish himself under new manager Xabi Alonso, just a year after a £30m move from Ipswich, but he is increasingly expected to depart.

There is also uncertainty surrounding the future of Dutch striker Emegha, despite having only recently joined Chelsea from Strasbourg, a club within the same ownership group.

Chelsea have signed club-record £117m attacker Morgan Rogers, full-back Marco Palestra and are closing in on a move for centre-back Maxence Lacroix this summer.

A Receipt Is Not A School- Ghana’s Mid-Year Account Proves That Money Left The Treasury. It Does Not Prove That Anything Arrived

The 2026 Mid-Year Fiscal Policy Review counts things. It counts 24,000 pieces of medical equipment distributed to clinics. It counts 1,840 tractors, ploughs and harvesters procured through an escrow account at the Bank of Ghana.

It counts three cardiology centres now rising at Korle Bu, Komfo Anokye and Tamale. Then search the same 107 pages for the word textbook, or kindergarten, or desk, or E-Block, and the document falls silent. Every one of those was promised, in numbered detail, in the Budget that Parliament passed last December.

The silence has a cost, and it is not a theoretical one. Free secondary education opened the school gate to a generation that would otherwise have stopped at age fifteen, and enrolment has since risen faster than classrooms could be built to hold it.

That is why, by September 2024, Government had recorded 1,084 emergency Senior High School (SHS) projects across all 16 regions. The World Bank now projects a shortfall of more than 850,000 places in Ghana’s public secondary schools by 2040. Every party in Parliament accepts that this pressure must be relieved, and every party has promised buildings to relieve it. The 2026 Budget was this Government’s answer, and it was specific to the last kindergarten and the last desk. The mid-year statement answers with a list of payments. That substitution is the core argument of this article. Government has told Parliament, in impressive detail, how much money left the treasury. It has not told Parliament what the money bought. The distinction is not pedantry, and it is non-partisan. A disbursement is a promise that a classroom will exist. It is not the classroom.

Let me begin with what the Review does establish, because fairness is the precondition of credibility. The government reports paying GHS76 million in capitation grants, GHS46 million for BECE registration, GHS104 million in teacher trainee allowances, GHS537 million under the No Fees Stress Policy, GHS4.2 billion to the GETFund and GHS1.8 billion to Free Secondary Education.

It absorbed examination fees for 478,699 BECE and 407,271 WASSCE candidates and paid the first-year fees of 165,143 tertiary students. Roughly half the capitation line and the whole of the No Fees Stress allocation had gone out the door by 30 June. These are real transfers reaching households, and it would be questionable to pretend otherwise.

The trouble begins where the Budget promised buildings rather than payments. Parliament approved a GHS1.1 billion secondary education programme running over 2026 and 2027, under which the government would upgrade ten Category B schools to Category A, lift thirty Category C schools to Category B, and finish thirty E-Blocks that the Budget itself described as abandoned. The Review announces something quite different. Financed now by a US$300 million World Bank credit, the government says it will undertake 210 interventions comprising ten new schools, 150 rehabilitations, thirty Category C upgrades and twenty Category B upgrades. The Category B target has doubled. One hundred and fifty rehabilitations have appeared from nowhere. The thirty E-Blocks have simply vanished, and nobody has explained where they went. The operative words are ‘will undertake’, which is a statement of intention, not a record of delivery.

The mismatch runs deeper than just numbers. The World Bank project approved in Washington on 16 June, known as STARR-J, is not a building programme at all. It is a system-wide intervention reaching 2.2 million students in almost 1,000 schools, covering teaching quality, digital skills, technical and vocational relevance, teacher deployment and data systems as much as bricks.

That broad project the Review extracts one infrastructure package and presents it as delivery of a programme Parliament financed on entirely different terms. Parliament approved the credit itself on 16 July, seven days before the mid-year statement, along with a counterpart obligation of US$31 million that Ghana must find from its own resources.

The Review mentions neither the project by name nor the counterpart bill. Members were asked to approve both halves of this arrangement without ever being shown how they fit together.

The basic education programme fares worse still, because it has disappeared entirely. The Budget committed the government to build 200 junior high schools, 200 primary schools, 200 kindergartens, 400 teachers’ bungalows and 400 places of convenience at a cost of GHS2.0 billion, creating room for more than 200,000 additional learners every year.

A further GHS3.0 billion was set aside for textbooks, two million desks and chairs, 200 buses, 200 pick-ups and fifty saloon cars. Six hundred schools. Two million desks. Not one of these commitments appears anywhere in the mid-year account, in any form, at any level of detail.

Something else has moved in the meantime, and it moved quietly. The Minister told the House he was seeking no supplementary estimate and that the appropriation stands unchanged. His speech then explains that GHS5.0 billion has been allocated to buy gold for the reserve accumulation programme, and that foreign-financed capital spending has been cut by GHS3.0 billion to help pay for it. Appendix 3C shows the rest.

Total capital expenditure falls by GHS5.0 billion, and the missing GHS2.0 billion comes out of the domestically financed Big Push, a cut the speech never mentions. The memorandum items in that same appendix record recurrent spending rising and capital spending falling by matching amounts. Ghana has, in effect, traded five billion cedis of building for five billion cedis of bullion. That may well be a defensible choice for a country rebuilding its reserves. What is not defensible is that the reduction is published by financing source and never once by programme, so that no member of the Education Committee can tell whether the 600 schools survived it.

Two smaller puzzles sit in the same document. It reports GHS4.2 billion paid to the GETFund, while Appendix 2C records GHS3.481 billion, a gap of some GHS719 million left unexplained twelve pages apart. And GHS915 million is reported for Ministry of Education goods and services, said to include sanitary pads and capitation, even though capitation, examination fees and tertiary fee relief are itemised separately within that very vote. Bundling of this kind does not merely inconvenience auditors. It makes verification difficult and obfuscates public scrutiny.

Government has a reasonable defence, and it deserves an answer. Mid-year statements are fiscal instruments, not performance audits, and six months is early in the life of a building programme. Both points have force. Neither is sufficient, for two reasons.

The first is that the law already provides the missing document. Section 34 of the Public Financial Management Act requires the Minister to lay before Parliament, by 30 July, a report on programme performance by each minister. That deadline is four days away, and it is where every question raised here belongs. The second reason is simpler. The same Review found the means to count medical equipment, tractors, Farmer Service Centres and hospital construction. Education alone received the payments-only treatment. No ministry is uniquely incapable of counting classrooms.

Four things should follow. Publish the section 34 report on time, with an education annexe naming every promised facility, its site, its contractor, its contract value and its stage of completion. Reconcile the two GETFund figures and break open the GHS915 million. Lay before Parliament a plain reconciliation of the programme it financed in November against the one now proposed, saying which commitments survive, which have been substituted and how the US$31 million counterpart bill will be met without touching the appropriation. And publish the GHS5.0 billion capital reduction ministry by ministry, so that the country can see what was given up to buy the gold.

Ghana’s education debate has for too long been conducted in the currency of announcements. A child cannot sit on an appropriation, read a disbursement or shelter under a press release. A receipt is not a school, and Parliament should stop accepting one in place of the other.

Dr Prince Hamid Armah is Co-Chair of the NPP Education Sector Policy Committee and a lecturer at the University of Education, Winneba. He previously served as Director-General of the National Council for Curriculum and Assessment (NaCCA) and as Vice Chairman of the Parliamentary Select Committee on Education. His expertise spans education policy, curriculum reform, financing, governance and public sector leadership.

Boankra Project ‘SC Didn’t Affirm High Court Ruling’

The management of Ashanti Port Services Limited (APSL), has debunked media reports that the Supreme Court (SC) has affirmed the decision of a High Court nullifying a US$33.3 million arbitral award previously granted against Justmoh Construction Limited.

The company, in a statement, said the publications which purports to report the decision of the Supreme Court, regrettably, contains material inaccuracies that misrepresent the findings and orders of the court, and conveys a false and misleading impression of the court’s ruling.

‘The publication is therefore inaccurate, misleading and capable of deceiving the public while causing unwarranted prejudice to the reputation and interests of our company,’ the statement said.

According to the APSL statement, the Supreme Court did not make the findings or orders attributed to it in the publication.

Clarifying further, the statement said APSL filed an application in the Supreme Court for an order of certiorari to quash the ruling of the High Court, which had set aside an arbitral award previously made in its favour.

It said the Supreme Court however, did not determine the application on its merits and rather directed APSL to pursue the appeal it had filed in the Court of Appeal in May 2026.

‘For the avoidance of doubt, the Supreme Court has neither affirmed nor endorsed the Ruling of the High Court. Instead, it directed APSL to pursue its pending appeal, before the Court of Appeal. Consequently, the ruling of the Supreme Court does not bring an end to the litigation as there is a pending appeal, neither does the said ruling finally determine the dispute between the parties nor pronounces upon the merits or otherwise of the High Court’s decision. The appeal remains pending before the Court of Appeal for determination,’ APSL added.

High Court Ruling

On May 6, 2026, the Commercial Division 2 of the High Court, presided over by Justice John- Mark Nuku Alifo, set aside in its entirety the arbitral award issued on December 10, 2025 in favour of APSL.

The application was brought by Justmoh Construction under Section 58 of the Alternative Dispute Resolution Act, 2010 (Act 798), seeking to have the award nullified.

Justice Alifo made it clear at the outset that the court was not hearing an appeal against the merits of the arbitral decision itself but was exercising its supervisory jurisdiction to determine whether the arbitration had complied with the legal requirements governing arbitral proceedings.

After reviewing the evidence and submissions, the court agreed substantially with the arguments advanced by Professor Gyan on behalf of Justmoh Construction.

FAGE Donates Coconut Seedlings To Support UG Green Week

The Federation of Associations of Ghanaian Exporters (FAGE) has donated coconut seedlings to the organisers of the University of Ghana Green Week 2026 celebrations to support the University’s campus tree-planting campaign.

In a statement issued on Saturday, July 25, 2026, FAGE reaffirmed its commitment to environmental sustainability, youth empowerment and the transformation of the country’s horticultural sector.

The Federation said the donation, undertaken in partnership with the Coconut Federation Ghana (COCOFEG) and AgriOne Technologies, demonstrates a shared vision of nurturing the next generation of ‘agripreneurs’ while promoting climate-smart agriculture, environmental stewardship and export-driven agricultural development.

It noted that, beyond planting trees, the initiative is also about planting ideas, creating opportunities and cultivating a generation that views agriculture as a profitable business, a vehicle for innovation and a solution to youth unemployment.

‘Every coconut tree planted today symbolises a lasting investment in food security, climate resilience, wealth creation and Ghana’s green economy,’ the statement said.

According to the Federation, the presentation also officially builds momentum towards the Ghana Horticulture Expo 2026, the nation’s premier horticultural investment, trade and innovation event, scheduled to take place from September 3 to 5, 2026, at La Palm Royal Beach Hotel, Accra.

It said the Expo would bring together students, young ‘agripreneurs’, exporters, investors, researchers, development partners, financial institutions and policymakers to unlock new opportunities across Ghana’s horticultural value chains.

‘Through exhibitions, investment forums, technology showcases, business matchmaking, youth innovation sessions and policy dialogues, the Expo will provide an unparalleled platform for young people to transform ideas into thriving agribusinesses while connecting with markets, finance, technology and global opportunities,’ parts of the statement read.

Receiving the seedlings, the Green Week leadership expressed profound appreciation to FAGE and its partners, describing the donation as a lasting legacy that perfectly complements Green Week’s mission of promoting practical learning, environmental responsibility, entrepreneurship and youth leadership in sustainable agriculture.

In his remarks, the President of FAGE, Davies Narh Korboe, used the opportunity to invite students and young entrepreneurs to attend the Ghana Horticulture Expo 2026.

He described the Expo as a platform where ideas meet opportunities, partnerships are forged and tomorrow’s agribusiness leaders emerge.

The Vice President of the Coconut Federation Ghana (COCOFEG), Kwaku Boateng, also encouraged young Ghanaians to embrace horticulture as a pathway to national development.

‘FAGE, COCOFEG and AgriOne Technologies remain committed to working with educational institutions and industry stakeholders to empower Ghana’s youth, accelerate horticultural development and position Ghana as a leading hub for sustainable agriculture and high-value exports,’ the statement added.