Business
London‑Accra Summit Spotlights Economic Potential of Diaspora Skills for Ghana
At the London to Accra Economic Growth Summit, thought leaders urged Ghana to reframe its relationship with its global diaspora.
Ghanaian leaders were urged to move beyond viewing overseas Ghanaians primarily as sources of remittances and towards leveraging their skills, expertise and entrepreneurial capacity as exportable economic power.
Speakers at the summit, held under the theme of strengthening economic ties between Ghana and its diaspora communities, highlighted the need for a strategic shift from consumption‑driven remittance flows to structured investment and skills transfer that can drive sustainable national development.
Currently, Ghana relies heavily on remittances from Ghanaians abroad, particularly from the United Kingdom. While the Bank of Ghana notes that remittance inflows remain critical to household spending and foreign exchange stability, data shows that remittances from the UK dropped from around 28 percent in 2024 to 17.5 percent in January–September 2025, underscoring the urgency of diversifying how diaspora contributions are used.
At the summit, the Bank of Ghana’s Governor, Dr. Johnson Pandit Asiama, called for diaspora funds to be channelled into long‑term investments and enterprise growth, rather than primarily supporting immediate consumption back home. He identified key sectors such as small and medium‑sized enterprises (SMEs), housing development, agriculture modernization and youth employment initiatives as areas where diaspora capital and skills can have transformative impact.
The event also highlighted how diaspora engagement is transforming broader UK–Ghana relations. British High Commissioner Dr. Christian Rogg described the London to Accra initiative as a pivotal framework that positions diaspora investment and private capital mobilization at the heart of bilateral cooperation and inclusive economic growth. He outlined how partnerships forged at the summit are expected to turn long‑standing cultural ties into tangible economic outcomes.
Summit participants stated that Ghana’s global citizens represent a strategic bridge linking ideas, markets and capital between continents. Their participation not only supports investment flows but also fosters knowledge transfer, innovation and business development that directly benefit Ghana’s economy.
As Ghana continues to position itself as an attractive destination for global talent and investment, officials and stakeholders say the time is ripe to institutionalize diaspora skills engagement, potentially transforming diaspora contributions into a durable engine of economic growth and shared prosperity.
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 News7 hours agoWoman Demands GH¢150,000 from UK ‘Borga’, MTN Reveals Massive Fiber Sabotage and Other Big Stories in Ghana Today
-
Ghana News1 day agoPope Leo XIV Strongly Criticises Foreign Exploitation of Africa During Visit to Conflict-Hit Cameroon
-
From the Diaspora1 day agoGhana High Commissioner Assures UK Scholarship Students of Structured Payment Plan to Clear £32 Million Debt
-
Africa Watch2 days agoPresident Mahama Arrives in Brazzaville for N’Guesso’s Inauguration as Re-Elected Leader of Congo
-
Ghana News1 day agoGhana to Open New Embassy in Singapore in Bid To Strengthen Trade Ties with Asia
-
Global Update2 days agoSouth Africa’s Political Landscape Shaken After Julius Malema Sentenced to Five Years in Prison
-
Ghana News1 day agoMorocco Gifts 2,000 Metric Tons of Fertilizer to Ghana Amid Global Shortage
-
Global Update1 day agoOil Prices Fall By Over 10% as Iran Declares Strait of Hormuz Open
