Ghana News
Ghana Moves to Claim $3Bn Deepwater Oil Block as State Seeks Control of Springfield Discovery
Ghana is preparing to take control of one of its most valuable untapped offshore oil and gas assets—an exploration block containing an estimated 1.5 billion barrels of oil and 1.2 trillion cubic feet of natural gas.
The move marks one of the most consequential state interventions in the country’s upstream sector in over a decade.
The asset, identified and developed by Springfield E&P, is widely regarded by energy analysts as the most promising deepwater discovery made by an African independent operator in recent times. Business Africa Insider first reported that the government intends to acquire Springfield’s operating interest to accelerate development and secure long-term national participation.
If approved, the transaction—valued at over $3 billion in potential resource terms—would shift operational control to the Ghana National Petroleum Corporation (GNPC), giving the state a stronger hand in shaping one of the country’s largest future revenue streams.
A Historic Ghanaian Discovery with Delayed Progress
Springfield E&P made history when it became the first Ghanaian—and first African—independent company to drill in deep water and strike commercial-scale oil. Early assessments suggest the reserves could rival the Jubilee field, whose 2010 debut dramatically reshaped Ghana’s economy.
But years of regulatory disputes, disagreements over unitisation with neighbouring blocks, and commercial stalemates left the resource idle. Government officials say intervention is now unavoidable.
“The state cannot allow a multi-billion-dollar national asset to sit undeveloped,” one senior official told Business Africa Insider, noting that the acquisition could translate into earlier production, more predictable revenue, and stronger energy security at a time of declining output across the country’s older fields.
Under the proposed arrangement, GNPC would assume Springfield’s operating stake, with room to bring in international partners through joint development agreements. Officials frame the move as both economic and geopolitical—ensuring Ghana retains leverage over its most significant future hydrocarbon play.
Energy analysts say the shift reflects a broader trend across Africa, where governments seek greater stakes in oil and gas projects to guard against global investment uncertainty and maintain control over strategic assets.
Kevin Okyere, founder of Springfield E&P, described the ongoing talks as constructive and focused on national interest.
“We are fully engaged in discussions with the Government regarding the future of the WCTP2 block,” he said. “Our position is straightforward: this asset must be advanced, and we are committed to ensuring a decisive and constructive outcome that serves Ghana and all stakeholders.”
Questions of Risk, Transparency and Cost
Civil-society groups and sector experts have urged caution, warning that state acquisition of a deepwater block—while strategically sound—comes with technical and financial risks. They argue that independent valuation, transparent terms, and a clear development plan are essential to avoid saddling the state with costly obligations.
Yet the urgency is hard to ignore. Ghana’s crude production has been tapering, with legacy fields entering decline and new investments proving slow to materialize.
Should the deal go through, it would fast-track one of West Africa’s most promising untapped discoveries and reaffirm the increasingly visible role of African independent firms in offshore exploration.
For Ghana, control of the block could represent both an economic buffer and a strategic asset—one that could reshape national revenues for years to come. The stakes are high, but so is the possibility of rewriting the country’s energy future.
Ghana News
Historical Diasporans Returning to Africa Warned Against Feeling ‘Superior’: ‘Come Home Humbly, Build Together’
In August 2020, as the world grappled with a pandemic and a long-overdue racial reckoning, a speech by Dr. Arikana Chihombori-Quao cut through the noise.
The message was for the African diaspora, and it remains urgently relevant today. Her words were a clarion call for return, but with a critical, non-negotiable condition: a radical shift in attitude.
As Ghana’s “Year of Return” momentum evolved into the “Beyond the Return” initiative, and as other African nations opened their doors, Dr. Chihombori-Quao, the former African Union Permanent Representative to the U.S., identified a silent threat to the homecoming dream: the ego of the returnee.
The ‘Been-To’ Mentality: A Barrier to Building
Dr. Chihombori-Quao didn’t mince words. She spoke directly to the experience of being a “been-to,” a term used in Ghana for someone who has “been to” the West.
“We go back home with an attitude. We think just because we’ve been to, we know more than the ones at home. That attitude has got to change,” she stated.
This mindset, she argued, is a primary reason why many returnees struggle to find their footing. It creates an invisible wall, fostering a dynamic of superiority that alienates the very people essential for collaboration.
Whether it’s a continental African returning from the diaspora or an African American settling on the continent, the pitfall is the same: arriving as a lecturer, not a learner.
“The diaspora doesn’t return to lecture. And the continent doesn’t wait to be saved,” her comments remind us. The assumption that Western exposure equates to superior knowledge is not only incorrect, but it also erases the deep, contextual expertise held by those who never left. As she put it plainly, “Africans have a lot to teach you too.”
Solidarity, Not Superiority: The Partnership Paradigm
The core of her message is a redefinition of the returnee’s role. It is not about a heroic figure arriving to “save” Africa, a narrative steeped in colonial tropes. Instead, it is about showing up as an equal partner. “Going ‘back home’ isn’t about superiority, it’s about solidarity,” the sentiment encapsulates.
This means approaching every interaction with humility. It means listening to local entrepreneurs, understanding community needs, and respecting established systems. A returnee’s international expertise in finance, technology, or healthcare is invaluable, but it only becomes powerful when it is applied in partnership with local knowledge. The goal is to co-create solutions, not impose imported ones.
The Urgency of Organisation: A Space to Fill
Dr. Chihombori-Quao’s 2020 address also carried a stark warning about the geopolitical and economic realities of a rising Africa. She recalled a moment when President Trump addressed African leaders, mocking the paradox of a resource-rich continent with widespread poverty. The punchline was a call to action: Africa is open for business, and if the diaspora does not organize, others will.
“If you don’t show up and you stand up and be counted, next time the contracts go to the Chinese, shut up,” she asserted. This frames diaspora engagement not as a charitable endeavour, but as a strategic imperative. It is about claiming a seat at the table as the continent charts its own developmental agenda—an agenda that envisions Africa as a unified market, not 54 fragmented nations.
For decades, other global powers have filled the space. The question she poses is whether the diaspora will remain a bystander or become a primary stakeholder in Africa’s future. “How do we give you contracts when we don’t know where you are? How do we know about your business when you don’t stand up?” she challenged.
Coming Home to Build Together
The ultimate takeaway from Dr. Chihombori-Quao’s enduring message is that the call to “come home” is profound, but the manner of arrival is what determines success. It is a call to come home and build together.
This means rejecting the labels of “been-to” and “local” that divide. It means exchanging condescension (looking down on local opinions) for contribution and pride for partnership.
The opportunity before the diaspora is immense. As Africa takes its place on the world stage, it invites its sons and daughters abroad to be part of the journey—not as saviours on a pedestal, but as humble collaborators in the trenches.
Because when we divide ourselves, as her words imply, we weaken the very future we claim to care about. And that is a risk the African renaissance cannot afford.
Ghana News
Ghana News Live Updates: Catch up on all the Breaking News Today (Feb. 17, 2026)
Stay tuned for real-time stories breaking in Ghana. Return to the page for more stories as they break. (Updated February 17, 2026).
Court Orders Businessman to Pay GH¢200,000 for Breach of Promise to Marry

An Accra Circuit Court has ordered a businessman to pay GH¢200,000 in damages to a woman for breach of promise to marry after he failed to fulfil his commitment following a long-term relationship. The ruling, delivered February 14, 2026, followed evidence that the defendant had repeatedly assured the plaintiff of marriage, including family introductions and public engagements, before abruptly ending the relationship without justification. The court found the breach caused emotional distress and financial loss to the plaintiff. The case highlights ongoing legal recognition of breach of promise claims in Ghanaian courts.
Read the full story here
Late Frafra Queen Mother’s Grave Exhumed in Asante Mampong – Head Reportedly Chopped Off
The grave of the late Queen Mother of the Frafra community in Asante Mampong has been exhumed, with reports indicating her head was severed and removed. The incident, discovered on February 14, 2026, has shocked the traditional leadership and community, who suspect ritual or malicious intent. Police have launched an investigation, and chiefs have called for calm while traditional rites are performed to restore peace. The desecration has raised serious concerns about grave security and cultural respect in the Ashanti Region.
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COCOBOD Announces Salary Cuts, Cost Controls as Revenue Pressures Mount
The Ghana Cocoa Board (COCOBOD) has introduced salary reductions for senior management and broad cost-control measures to address mounting revenue shortfalls and legacy debt. The February 14, 2026, announcement follows emergency Cabinet directives to stabilise the sector, with COCOBOD citing declining global cocoa prices, unpaid arrears, and financing constraints. The measures are intended to preserve operational capacity and ensure continuity of farmer payments and purchasing activities.
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Mahama Govt Has Made No Real Impact After One Year in Office – Afenyo-Markin
Minority Leader Alexander Afenyo-Markin has criticised the Mahama administration, stating that after one year in office, the government has failed to deliver tangible improvements in the lives of Ghanaians. In a February 14, 2026, address, he accused the NDC of recycling old policies, failing to address cost-of-living pressures, and lacking innovation in job creation and economic recovery. The Minority called for urgent results on the “Reset Ghana” promises made during the 2024 campaign.
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Mahama Rallies Fellow World Leaders to Support Accra Reset
President John Dramani Mahama has appealed to African and global leaders to support Ghana’s “Reset” agenda during his address at the African Union Summit in Addis Ababa. On February 13, 2026, he outlined the initiative’s focus on governance renewal, economic transformation, anti-corruption measures, and regional cooperation, urging the AU to back Ghana’s efforts as a model for continental progress. Mahama also reiterated Ghana’s push for AfCFTA acceleration and debt relief mechanisms.
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Tony Aidoo Urges NDC to Focus on Policy Communication, Not Personal Praise for Mahama
Veteran NDC member Tony Aidoo has cautioned the party against excessive personal praise for President John Dramani Mahama, urging a shift toward clear policy communication and results. In comments on February 13, 2026, Aidoo said the focus should be on explaining the “Reset Ghana” agenda and delivering measurable outcomes rather than individual glorification. He emphasised that strong policy messaging will sustain public support more effectively than personality-driven narratives.
Read the full story here
Return to the page for more stories as they break
Ghana News
Newspaper Headlines Today: Tuesday, February 17, 2026
Happy Monday! Stay informed with today’s front pages of Ghanaian newspapers, all in one place. Newspapers for February 17, 2026.







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Ghana News1 day agoNewspaper Headlines Today: Monday, February 16, 2026
