All passengers onboard have been rescued - Mahama

The president made this known in a tweet some hours after the incident.

The Ghana Navy on Wednesday evening began a rescue operation to save over 100 passengers on a sinking ferry on the Volta Lake.

RELATED: Ferry sinks at Yeji; passengers struggle to survive

The ferry, which was on its way to Yeji began sinking an hour into the journey, as the load on the ferry appeared too heavy, Accra-based Joy FM reported.

The ferry was carrying about four loaded cargo trucks aside other passengers mainly market women.