Business
Jet Fuel Crunch Fears Ease for Ghana, But Global Supply Questions Remain
State-owned GOIL PLC assures stakeholders of adequate reserves and strengthened supply chains, yet broader concerns over refining capacity and geopolitical instability continue to shadow international aviation.
Fears of a jet fuel shortage disrupting flight operations in Ghana have been officially dismissed by the Managing Director of GOIL PLC, Edward Bawa, who confirmed that the state-backed oil marketing company has sufficient stocks to meet current and future demand.
The assurance has eased concerns among domestic and international carriers operating out of Kotoka International Airport, but persistent questions over global fuel supply stability remain unresolved.
Speaking to Joy Business on the sidelines of GOIL’s Safety Week celebration, Mr. Bawa stated emphatically:
“We have enough aviation fuel to meet the demands of our players.”
He attributed the company’s confidence to a strengthened supply chain and the building of adequate reserves to ensure uninterrupted distribution of aviation fuel across the country.
Local Reassurance, Global Uncertainty
While Ghana appears to have secured its immediate aviation fuel needs, the broader global landscape tells a different story.
Jet fuel prices and availability remain highly sensitive to refining capacity constraints, sanctions on major energy producers, and ongoing geopolitical tensions in Eastern Europe and the Middle East.
The International Air Transport Association (IATA) has repeatedly warned that jet fuel supply volatility remains one of the top three operational risks for airlines worldwide. Unlike Ghana, several developing nations have experienced periodic fuel shortages in recent years, leading to flight cancellations, emergency diversions, and financial losses for carriers.
Mr. Bawa’s comments did not address global market dynamics, but his emphasis on GOIL’s internal reserves and logistical reliability offers a case study in how emerging economies can insulate their aviation sectors from external shocks through strategic stockpiling and supply chain diversification.
GOIL’s Strategic Positioning
According to Mr. Bawa, GOIL has focused on reliability and efficiency in the delivery of petroleum products, particularly to critical sectors such as aviation.
The company’s Safety Week initiative, he noted, underscores a broader commitment to protecting lives, assets, and the environment โ a message intended to reassure both local stakeholders and international partners.
For airlines operating into West Africa, Ghana’s ability to guarantee fuel supply is a competitive advantage. Kotoka International Airport has been positioning itself as a regional hub, challenging established centers like Addis Ababa, Nairobi, and Lagos. Reliable jet fuel availability is a non-negotiable prerequisite for attracting and retaining international carriers.
Global Supply Questions Remain
Despite Ghana’s local success, the global aviation industry continues to grapple with unresolved supply questions:
- Refining capacity: Global refinery closures during the COVID-19 pandemic have not been fully reversed, creating a supply-demand imbalance.
- Geopolitical risks: Sanctions on Russian refined products and tensions in the Middle East keep markets on edge.
- Transition pressures: As the industry moves toward sustainable aviation fuels (SAFs), the transition period introduces additional price and availability uncertainty.
IATA has forecast that jet fuel demand will continue to outpace supply through at least 2027, keeping pressure on airlines’ operating costs and potentially dampening post-pandemic recovery in price-sensitive markets.
What This Means for International Carriers
For now, carriers flying to and from Accra can operate with confidence that fuel will be available. GOIL’s assurance โ backed by stated reserves and supply chain investments โ removes one variable from the complex calculus of route planning and operational risk management.
However, the same cannot be said for all destinations. Airlines continue to monitor fuel security on a country-by-country basis, with some routes deemed higher risk than others. Ghana’s proactive communication may well enhance its reputation as a reliable refueling point for long-haul carriers.
Looking Ahead
Mr. Bawa’s reaffirmation of GOIL’s commitment to safety and supply stability is a positive signal for Ghana’s aviation sector.
But the broader question โ whether the global jet fuel market can stabilize in the face of ongoing structural pressures โ remains unanswered.
For now, Ghana has done what it can to protect its corner of the sky. The rest of the world is still waiting for clarity.
Business
‘Afritude’ to the World! Meet The Woman Buiding Africa’s First Global Sports Brand
For decades, African nations have produced world-class athletes and champions on the global stage. But according to one entrepreneur, the continent has yet to produce the one thing that could transform its sports economy: a world-class brand of its own.
Nina Baksmaty Djamson, founder of Afritude, is on a mission to change that. Her company is attempting to disrupt the global sports industry through fashion, designing and manufacturing athletic apparel on the African continent for African teamsโand, she hopes, eventually for the world.
“Africa has produced world champions. Now it’s time to produce world-class sports brands,” Djamson wrote in a social media post announcing the venture. “For too long we’ve worn everyone else’s story. Afritude is our attempt to change that. Not just to play the game. To own it.”
From Consumer to Creator
In a video accompanying the announcement, Djamson laid out the problem she sees at the heart of African sports culture.
“My name is Nina, and I’m the woman trying to disrupt the global sports industry through fashion,” she said. “For decades, every time we wear Nike, Adidas, or Puma, we are promoting somebody else’s culture, building someone else’s economy, and advertising someone else’s story, often for free.”
The question she asked herself was simple but profound:
What would it look like if Africa built its own?”
The answer is Afritude.
Designed in Africa, Made in Africa
According to Djamson, Afritude has already designed World Cup jerseys for three African countries. Crucially, she says more than 90% of the company’s spending has gone directly back to people on the African continentโfrom production and manufacturing to creative talent.
“This is not charity,” Djamson emphasized. “This is ownership. This is dignity. This is representation.”
The model stands in stark contrast to the traditional sports apparel industry, where global giants manufacture in low-cost countries outside the continent while selling branded merchandise to African consumers. Afritude aims to keep both the creative and economic value within Africa.
Playing With Dignity

Before becoming a major company, Afritude is already preparing to give back. Djamson announced that the brand plans to donate more than a thousand “chain guards and chain socks” to children.
“Every child deserves to play with dignity,” she said.
The gesture reflects a broader philosophy: that sports apparel is not just about performance or fashion, but about self-respect and representation. For young athletes across the continent, wearing locally designed and locally made gear could carry a different kind of meaning.
An Invitation to Own the Game

Djamson closed her announcement with a call to action directed at Africans everywhere.
“And if you believe Africa should build for itself, wear for itself, and profit from itself, welcome to Afritude,” she said. “Don’t forget to get your jersey.”
The brand’s website, www.Afritudeclo.com, features jerseys and apparel that draw on African aesthetics, colors, and design traditions. While still in its early stages, Afritude represents an ambitious attempt to carve out space for African-owned, African-made products in a global sports market dominated by Western and Asian conglomerates.
A Bigger Movement
Djamson’s initiative aligns with a growing pan-African movement toward economic self-determination. From music and film to fashion and technology, a new generation of African entrepreneurs is asking not just for a seat at the table, but for the ability to build their own tables.
In sports, where Africa’s talent has long been celebrated while its economic returns have often flowed elsewhere, Afritude offers a different vision: one where the continent’s athletes wear their own stories, advertise their own economies, and profit from their own success.
“Africa has produced world champions,” Djamson wrote. “Now it’s time to produce world-class sports brands.”
The game, she believes, is just beginning.
Business
US Eyes AI, Drones, and Rural 5G as Next Frontier in Ghana Partnership
The United States is positioning emerging technologies including artificial intelligence, drone logistics, and rural 5G connectivity as the next frontier in its bilateral relationship with Ghana.
The move signals a strategic shift from traditional aid toward investment-driven partnership, Chargรฉ d’Affaires Rolf Olson has announced.
Speaking at a celebratory event marking the 250th anniversary of American independence, Olson declared that the U.S.-Ghana relationship is entering a new phase defined by “not dependence, but resilience” and “a two-way exchange of investment, innovation, and expertise.”

While acknowledging ongoing changes to the US foreign assistance framework, he emphasized that America remains the largest financial contributor to health emergencies across Africa โ including $200 million to the current Ebola response โ but pointed to commercial technology ventures as the model for future collaboration.
“As we greet this next phase of our partnership, we see enormous potential for U.S.-Ghana collaboration and commerce in emerging sectors โ from digital technology to artificial intelligence, from advanced agriculture to cutting-edge energy techniques,” Olson told an audience of government officials, diplomats, and business leaders in Accra. “Ghana’s young innovators are positioned well to seize these types of opportunities.”
The Chargรฉ d’Affaires highlighted concrete examples of technology-driven partnerships already underway.
He cited Zipline’s drone delivery network, which has completed 800,000 medical deliveries in Ghana since 2019, saving an estimated 10,000 lives, including 1,600 through emergency transport of snake anti-venom alone.
He also revealed US support for deploying “cutting-edge wireless technology at hundreds of base stations across Ghana,” aimed at expanding rural connectivity and bridging the digital divide across West Africa.
Olson framed the vision within a broader narrative of economic self-sufficiency, noting that more than 100 American companies are active in Ghana across energy, technology, and agriculture.
He pointed to Newmont, the single largest taxpayer in Ghana, where 99% of the workforce, including the Country Manager, is Ghanaian. Bilateral trade in goods and services reached approximately $4 billion last year, a figure Olson said “can grow.”
The diplomatic push comes alongside deepened security cooperation. Olson confirmed that just this week, US law enforcement handed over Sedina Tamakloe Attionu to Ghanaian authorities, fulfilling an extradition request, while Ghana has extradited multiple individuals wanted in the US for cyber-related fraud that has stolen tens of millions of dollars from American victims.
Reflecting on the historical ties that bind the two nations, from Richard Nixon meeting Martin Luther King Jr. in Accra in 1957 to Ghana being the first country to welcome Peace Corps volunteers in 1961, Olson concluded that the relationship is now mature enough to pivot toward technology, trade, and mutual resilience.
“Two hundred and fifty years into America’s independence and nearly 70 years into Ghana’s, we look to the future with optimism, confidence, and renewed purpose,” he said.
Business
How Ghana Is Selling Itself as Africa’s Factory Floor for Belarus
President John Dramani Mahama has positioned Ghana as a manufacturing and distribution gateway for Belarusian industry, pitching the country as a strategic entry point to Africa’s unified market of 1.4 billion people under the African Continental Free Trade Area (AfCFTA).
Speaking at the maiden GhanaโBelarus Business Forum in Minsk, President Mahama announced that Belarusian manufacturers of mining equipment will visit Ghana next week, following an agreement between both nations.
The visit signals a potential shift in how Belarusian heavy industry could serve African markets โ not merely through exports from Eastern Europe, but through locally established operations within Ghana.
“The investors who establish operations in Ghana gain access not only to a domestic market of 34 million people, but also to the wider African market through the AfCFTA,” President Mahama told the forum. He noted that the trade bloc covers 1.3 billion people with a combined gross domestic product of US$1.3 trillion.
The President’s pitch rests on three pillars: market access, infrastructure investment, and regulatory stability. He highlighted Ghana’s US$10 billion five-year Big Push Infrastructure Programme, which prioritizes roads, railways, ports, airports, energy systems, and logistics networks.
These investments, he said, are designed to improve connectivity, reduce business costs, and enhance competitiveness for firms that establish local manufacturing or assembly operations.
“Investors today seek certainty, stability, and market access, and I can assure you Ghana provides all these three,” Mahama stated. “Our political credentials are strong, our legal and regulatory systems are transparent, investor protection is robust, and we guarantee repatriation of profits.”
The President also noted that Belarusian companies possess relevant expertise in transport infrastructure, power systems, industrial parks, logistics, road construction, railway development, and renewable energy โ all sectors where Ghana is actively seeking foreign partnership.
For Belarus, a nation under sustained Western sanctions, deepening economic ties with Ghana offers an alternative channel to participate in one of the world’s fastest-growing continental markets. Rather than exporting finished mining equipment from Minsk, Belarusian manufacturers could establish assembly plants or joint ventures in Ghana, taking advantage of AfCFTA rules to distribute across the continent without the tariff barriers that would apply to direct exports from Europe.
President Mahama framed the opportunity in unequivocal terms: “For businesses seeking a strategic gateway into Africa, Ghana remains one of the continent’s most attractive destinations.”
The upcoming visit by Belarusian manufacturers will test whether that pitch translates into concrete investment. Industry observers will be watching for announcements on local assembly facilities, technology transfer agreements, and the scale of Belarusian commitment to Ghana’s industrialization agenda.
If successful, the partnership could serve as a template for how other non-African manufacturing nations โ particularly those from Eastern Europe and Asia โ use Ghana as a beachhead to serve the continent’s rapidly growing demand for industrial equipment, infrastructure inputs, and heavy machinery. If not, the visit may produce little more than diplomatic communiquรฉs.
For now, Ghana has made its case. The next move belongs to Belarus.
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