Business
Atlantic Lithium Ends Takeover Talks as Ghana’s Parliamentary Approval for Ewoyaa Mine Remains Pending
Atlantic Lithium Limited has withdrawn from exclusive takeover negotiations, placing the spotlight firmly on Ghana’s Parliament as the key determinant for the company’s next phase.
The decision, announced in a corporate update on February 23, 2026, means the fate of the country’s potential first lithium mine now hinges on legislative approval of the Mining Lease for the Ewoyaa Lithium Project.
The company disclosed it had ended discussions regarding a conditional, non-binding acquisition offer, concluding that the proposal did not adequately reflect the project’s long-term value. This assessment is particularly pertinent as the Mining Lease awaits ratification by Parliament’s Committee on Lands and Natural Resources, a process Atlantic Lithium views as a critical de-risking milestone.

Parliament resumed sittings on February 3, and the committee met on February 12 to deliberate on the Lease, though the company has yet to receive formal communication on the outcome or timeline. Approval would remove a major regulatory hurdle, paving the way to develop Ghana’s first lithium mine and integrate the country into the global electric vehicle and battery supply chain.
The withdrawal also coincides with a significant rebound in lithium prices. Spodumene concentrate has climbed to about US$1,900 per tonne as of February 19, 2026, up from roughly US$800 per tonne in mid-October 2025. This improved market outlook, driven by demand from electric vehicle manufacturers, reinforces the project’s economic fundamentals, according to the company.
Beyond Ewoyaa, Atlantic Lithium maintains a substantial exploration portfolio of over 500 square kilometres in Ghana and 771 square kilometres in Côte d’Ivoire, though activities have been scaled back to preserve cash. Investors are now closely watching Parliament’s decision, which will significantly influence both the company’s strategic direction and Ghana’s ambitions in the global lithium sector.
Business
Young Self-Taught Black Inventor Julian Brown Develops Revolutionary Plastic-to-Fuel Technology
Atlanta, USA – A young Black inventor from Atlanta, Julian Brown, has stunned the scientific community and gone viral worldwide after developing a backyard process that converts everyday plastic waste into usable diesel, gasoline, and jet fuel.
Born in Tennessee and raised in Atlanta, Brown — a self-taught welder with no formal degree or laboratory — created a system called “Plastoline.”
Using an upgraded form of pyrolysis (a thermal decomposition process), enhanced with microwaves and solar energy for cleaner conversion, he built a small reactor capable of turning discarded plastics back into high-quality fuel.
Independent tests reportedly confirmed that the diesel and gasoline produced are among the most refined seen, and he has successfully powered vehicles with the fuel in live demonstrations.
Brown launched a startup called Nature Jab and began sharing his experiments on Instagram and TikTok, where the videos quickly gained millions of views globally. Despite suffering second-degree burns in a reactor explosion, he refused to abandon the project.
He attempted to raise $1 million to scale the technology but secured only tens of thousands of dollars. In July 2025, he posted that he was under attack before temporarily vanishing from public view.
He has since re-emerged, with supporters calling for his protection and greater investment in his work.
The innovation has sparked particular excitement across Africa, where plastic waste accumulates in massive quantities in landfills and communities.
Experts say Brown’s technology could offer a practical solution for turning waste into energy, addressing both environmental pollution and fuel shortages on the continent.
Commentators have criticised the lack of substantial support from investors and the broader community, questioning why a breakthrough with such transformative potential, especially from a young Black inventor, has not received wider backing.
Business
MTN Signals Major Data Center Investment Plans in Ghana
Accra, Ghana – MTN Group is exploring significant investments in data centers in Ghana as Part of its digital push.
The telecoms giant says the move is a natural extension of its broader digital infrastructure strategy in one of its most important African markets.
Group Chief Executive Officer Ralph Mupita made the announcement during a strategic visit to Ghana at the beginning of 2026. He said the company is keen to partner with both public and private stakeholders to develop large-scale data centers that would enhance cloud computing, data storage, and digital service capabilities across the country.
Mupita stated that such facilities are critical to supporting Ghana’s long-term digital transformation and economic growth.
He acknowledged, however, that establishing world-class data centers would require addressing key infrastructure challenges, particularly reliable power supply, suitable land, and advanced cooling systems. MTN is therefore considering collaborative models to ensure projects meet both commercial viability and sustainability standards.
During his engagements, Mupita held discussions with MTN Ghana’s leadership, regulators, and senior government officials, including the Bank of Ghana, the Ghana Investment Promotion Centre, and Minister for Communications, Digital Technology and Innovations, Sam George.
He described Ghana as a priority market that “feels like home” and reaffirmed the Group’s commitment to deepening investments in digital infrastructure and financial inclusion.
On the fintech front, Mupita highlighted plans to expand mobile money services while working closely with the central bank to strengthen fraud prevention through artificial intelligence.
The visit underscored MTN’s ambition to remain a key partner in Ghana’s digital economy, driving innovation, job creation, and inclusive growth.
MTN Ghana (Scancom PLC) is the dominant telecommunications market leader in Ghana and has been recognized as a top-performing operation within the MTN Group. The company is actively shifting from a traditional telco to a technology platform company, with a focus on fintech (Mobile Money) and digital inclusion.
Business
New Cashew Processing Plant and Fertilizer Facility to be Set Up in Ghana
Accra, Ghana – Ghana’s Ministry of Food and Agriculture has signed three Memoranda of Understanding with Chinese firm SENTUO Group Limited to drive agro-industrial growth through major new investments in processing, fertiliser production, and farmer support services.
The agreements, signed in Accra on Tuesday, include the establishment of a cashew processing plant at Sampa in the Bono Region and a fertiliser manufacturing facility. SENTUO will also roll out 30 Farmer Service Centres nationwide to improve access to quality inputs, mechanisation services, and technical support for farmers.

The projects are expected to create significant employment opportunities, particularly for young people, while enhancing value addition and reducing Ghana’s reliance on raw commodity exports.
Minister for Food and Agriculture Eric Opoku described the partnership as a major step toward the government’s Agriculture for Economic Transformation Agenda.
“We are ready to industrialise Ghana’s agriculture,” he said, adding that the cashew plant will process both nuts and apples to maximise returns across the entire value chain.
He emphasised the need to move from exporting raw produce to building a vibrant, value-driven agro-industrial economy.
The Chairman of SENTUO Group Limited, Xu Mingjuan, said the company’s nearly 20 years of operation in Ghana and the current government’s 24-hour economy policy had encouraged further investment. He confirmed that engineers have already started preliminary work on the projects.
The deals signal growing Chinese interest in Ghana’s agricultural transformation and are expected to strengthen food security, boost exports, and create sustainable jobs across the value chain.
-
Ghana News1 day agoGhana to Absorb GH¢2.00/L Diesel, GH¢0.36/L Petrol in Emergency Fuel Relief Plan
-
From the Diaspora2 days agoFresh Allegations Emerge in 2015 Death of Scottish Woman Married to Ghanaian Prophet
-
Arts and GH Heritage1 day agoThe Body is the Map: Decolonizing the Female Identity through Contemporary Dance
-
Homes & Real Estate1 day agoHow Ghana’s Land Act is Changing the Real Estate Game for the Diaspora
-
Ghana News1 day agoHow the African Diaspora Can Obtain Ghanaian Citizenship
-
Business1 day agoYoung Self-Taught Black Inventor Julian Brown Develops Revolutionary Plastic-to-Fuel Technology
-
Ghana News2 days agoPolicymakers, Financial Institutions, and Civil Society Convene in Accra to Tackle Barriers Facing Women in the Informal Sector
-
Ghana News1 day agoNo Military Bases: Ghana Clarifies EU Defence Pact After Concerns
