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Theophilus Acheampong

Associate lecturer, University of Aberdeen
Dr Theophilus Acheampong is an economist and political risk analyst with over ten year’s knowledge and experience working with private investors, governments and international organisations on the intersections between natural resource extraction and public financial management. His areas of specialisation include energy policy formulation, fiscal regime design and modelling, investment analysis, petroleum accounting, contractual negotiations, local content, public finance, and trade and investment promotion. Theo’s political risk experience involves helping private and public sector clients navigate complex political, business and sovereign risks in Sub-Saharan Africa. This includes producing forward-looking risk forecasts and intelligence reports covering economic (sovereign risk, fiscal and monetary policy), legal (expropriation, contract risks) and operational risks (corruption, regulatory burden). Theo is currently co-editing the Palgrave MacMillan book project titled “Petroleum Resource Management in Africa: Lessons from Ghana”, which examines the challenges and opportunities from ten years of oil and gas production in Ghana.

Ghana’s domestic debt restructuring has stalled: four reasons why

Jan 26, 2023 11:58 am UTC| Economy

Ghana is facing multiple financial and economic challenges and has requested a US$3 billion bailout from the International Monetary Fund (IMF) to help it restore macroeconomic stability. This will include bringing public...

Ghana and the IMF: debt restructuring must go hand-in-hand with managing finances better

Oct 11, 2022 04:28 am UTC| Economy

Ghana is struggling with managing its debt, 20-year high inflation, a weak currency, and rising inequality. For example, inflation rose to 33.9% in August 2022 from 9.7% a year earlier, while the cedi has depreciated by...

Ghana’s return to the IMF within three years underscores its deeper economic problems

Jul 18, 2022 07:14 am UTC| Economy

Ghana is again seeking assistance from the International Monetary Fund (IMF) to enable the country to meet its payments to the rest of the world and restore the health of government finances. It is the second time in the...

Economy

U.S. Stock Futures Steady as AI, Rate Concerns Weigh

U.S. stock futures were little changed Monday evening after Wall Street fell under pressure from elevated Treasury yields, concerns about slowing artificial intelligence development and persistent geopolitical tensions...

Gold Plunges 4% as Treasury Yields Surge and Fed Rate Hike Bets Rise

Gold prices tumbled nearly 4% on Monday as surging U.S. Treasury yields, a stronger dollar, rising oil prices and growing expectations for additional Federal Reserve interest rate hikes pressured precious metals. Spot gold...

South Korea Exports Set for 16th Monthly Gain on AI Chip Demand

South Korean exports are expected to increase for a 16th consecutive month in September, supported by strong semiconductor demand fueled by global artificial intelligence investment, according to a Reuters poll released...

Oil Prices Jump Nearly 3% as Iran Holds Firm on Hormuz Conditions

Oil prices surged on Monday as tensions between the United States and Iran fueled concerns over prolonged disruption to the Strait of Hormuz, a critical route for global energy supplies. Brent crude futures for November...

Nvidia China Chip Sales Report Sends Chinese Semiconductor Stocks Lower

Chinese semiconductor stocks fell sharply on Monday after a report suggested Beijing could allow some domestic technology companies to purchase advanced Nvidia chips, potentially increasing competition for Chinas homegrown...

Politics

UN Experts Urge US to Halt Third-Country Migrant Deportations

More than a dozen United Nations human rights experts have called on the U.S. government to halt its third-country migrant deportation policy, warning that the practice could expose vulnerable people to torture,...

Judge Blocks Trump Election Conditions on Counterterrorism Grants

A U.S. federal judge on Monday blocked the Trump administration from tying counterterrorism funding for state and local governments to changes in election administration, rejecting an effort to use federal security grants...

Denmark Expects Long-Term NATO Presence in Greenland, Arctic

Denmark expects NATO to maintain an expanded military presence in Greenland and across the Arctic for the long term following a new security agreement with the United States, Danish Defence Minister Jeppe Bruus said on...

Senate Democrats Say Tether USDT Helps Iran Evade Sanctions

Tethers USDT stablecoin has become an important tool in Irans alleged sanctions-evasion network, according to a new report from Democratic staff on the U.S. Senate Permanent Subcommittee on Investigations. The report...

California Bans Memecoins Issued by Public Officials Under New Law

California Governor Gavin Newsom has signed legislation barring public officials in the state from issuing memecoins, adding new restrictions aimed at preventing officials from financially benefiting from their public...

Science

Blue Origin New Glenn Explosion Could Delay Launch Operations Until 2028

Blue Origin is facing a significant setback after a dramatic explosion involving its New Glenn rocket severely damaged a launch pad at Cape Canaveral, Florida. According to NASA Administrator Jared Isaacman, repairs to the...

Blue Origin New Glenn Rocket Explodes During Launch Pad Test, Delaying Space Ambitions

Blue Origin suffered a major setback after its uncrewed New Glenn rocket exploded during a launch pad test in Florida on Thursday, raising new challenges for Jeff Bezos space company as it competes with Elon Musks SpaceX...

SpaceX Delays Starship V3 Launch Ahead of Potential Record IPO

SpaceX on Thursday postponed the highly anticipated launch of its 12th Starship rocket test from Texas after technical issues interrupted the final countdown. The company now plans to attempt the Starship V3 launch again...

Trump Administration Releases New UFO Files and Apollo Mission Records

The U.S. Defense Department has released dozens of previously classified UFO-related files following an order from President Donald Trump, sparking renewed debate over unidentified anomalous phenomena (UAP) and government...

China vs. NASA: The New Moon Race and What's at Stake by 2030

The space race is back and this time, its a direct competition between the United States and China for dominance on the lunar surface. NASAs Artemis II mission recently made history when four astronauts flew farther into...

Technology

Anthropic Targets $2 Trillion Valuation in Planned IPO

Anthropic is preparing for a highly anticipated initial public offering that could value the artificial intelligence company at more than $2 trillion, putting investor enthusiasm for the booming AI sector and its massive...

Samsung Invests $1 Billion in KKR’s Helix AI Infrastructure

Samsung Electronics and five affiliates are investing a combined $1 billion in Helix Digital Infrastructure, a new artificial intelligence infrastructure company backed by investment firm KKR, as Samsung expands deeper...

CSL Partners With AWS to Bring AI Into Drug Research

CSL has entered into a partnership with Amazon Web Services (AWS) to integrate artificial intelligence and cloud computing across its research and clinical development operations, aiming to accelerate drug discovery and...

OpenAI Scraps GPT-6.1 Astra Launch Over Safety Concerns

OpenAI has canceled the planned release of GPT-6.1 Astra after internal testing raised concerns about the artificial intelligence models safety, alignment and ability to stay within authorized boundaries. The...

Pi Network Price Holds $0.087 as Protocol 28 Mainnet Upgrade Nears

Pi Network price traded around $0.0886 on September 28 as investors looked ahead to the Protocol 28 Mainnet upgrade scheduled for October 16. PI remained below the key $0.10 level amid broader weakness across the...