African Export-Import Bank (Afreximbank) (www.Afreximbank.com) welcomes today’s launch of the Africa Credit Rating Agency (AfCRA), an important milestone in strengthening Africa’s financial architecture and expanding the continent’…
Somewhere in Africa, a truck waits at a border while a declaration already in the system is retyped. The customs system behind it knows the cargo, the consignee and the duty paid. The system 50 meters away, across the line, does no…
Zenith Bank Ghana has supported the Paediatric Oncology Unit of the Greater Accra Regional Hospital (Ridge Hospital) as part of activities marking the Go Yellow Campaign for childhood cancer care.
The support included a financial donati…
With one month to go before the 9th China International Import Expo (CIIE), companies from around the world are preparing to gather in Shanghai in east China, bringing products ranging from advanced manufacturing equipment and medical tech…
Ghana’s exports to India have increased from about US$3 billion to nearly US$7 billion, President John Dramani Mahama has disclosed.
He attributed the growth largely to increased exports, describing the development as a positive sig…
Deputy Minister of Finance Thomas Ampem Nyarko has said Ghana’s improving credit rating goes beyond securing approval from international rating agencies, stressing the availability, cost, and accessibility of capital for long-term fina…
The Minister of Finance, Dr Cassiel Ato Forson, has stated that the government’s New Economy agenda will prioritise the creation of decent jobs and the improvement of living standards for Ghanaian workers.
During a consultative meetin…
The South Birim Community Bank in the Eastern Region recorded a net profit of GH¢4.16 million in 2025 compared with GH¢3.67 million declared in 2024, representing an increase of GH¢490,640.
During the same period, the bank’s total inc…
The Oil Palm Development Association of Ghana (OPDAG) has disclosed that Ghana is facing an estimated 150,000-metric-tonne deficit in crude palm oil supply, despite the sector’s significant production potential.
President of OPDAG, …
President Bio And Tony Elumelu Rally West African Private Sector To Turn Regional Potential Into Investment, Industry And Jobs
- Ahead of the inaugural West Africa Integration and Investment Summit, Co-chairs Sierra Leone’s President Bi…
Programme and delegate passes: www.NigeriaMiningWeek.com
With less than a week to go, Nigeria Mining Week 2026 has added a global commodity trader and the world's lithium trade association to its programme. Mercuria Energy Tradi…
Fresh tomatoes, rent payments and ginger were the biggest contributors to Ghana’s 5.2% inflation rate in September 2026, highlighting the uneven price pressures facing households despite the sharp decline in inflation over the past year.
…
The Canada-Africa Chamber of Business (www.CanadaAfrica.ca) is pleased to announce that the 7th Canada-Africa Business Conference will take place in Windhoek, Namibia, from 2–4 February 2027, under the headline sponsorship of B2Gol…
The National Housing Fund (NHF) has reduced the interest rate on its National Mortgage Scheme from 13.5% to 8.4%, in a move aimed at making homeownership more affordable for Ghanaians.
Chief Executive Officer of the NHF, Prosper Hoe…
Chief Finance Officer of MTN Ghana, Antoinette Kwofie, has called for increased investment in women's economic empowerment, describing it as a key driver of Ghana's future growth and prosperity.
She said advancing women's participation …
Dubai has launched the Create AI Agents Championship, a global competition inviting innovators to develop practical and scalable AI-agent solutions that address real-world challenges, with a total prize pool exceeding AED 2.5 million.
T…
Mr John Healy, Head of Development and Strategy at Brainify, has urged Africa to equip its youth with skills to pursue solopreneurship as AI reshapes work.
He said the growing adoption of Artificial Intelligence (AI) would create new ec…
Investors showed strong preference for the 364-day Treasury bill in the latest government debt auction, with bids reaching about GH¢474 million.
The government accepted GH¢224.35 million of the bids, with interest rates ranging from 8.8…
The Ghana Maritime Authority (GMA) has identified technology, funding, technical capacity and inter-agency collaboration as critical requirements for translating Ghana’s maritime policies into operational excellence.
Mr Eric Ang-numbaal…
Mr Shri Surinder Bhagat, the Indian Ambassador to Ghana, said the Government of India stands ready to support Ghana’s agricultural development programmes.
He said India possesses extensive expertise in key areas of agriculture and that …
Ghana’s mining sector must go beyond citing billions of cedis in taxes, local purchases and community spending by demonstrating how these contributions improve lives and deliver enduring benefits.
Ahmed Dasana Nantogmah, Chief Opera…
The trade relationship between Ghana and the United Kingdom (UK) has surpassed £1.6 billion, with significant opportunities still available to expand bilateral trade and investment, His Majesty’s Trade Commissioner for Africa, Alastair…
Governor of the Bank of Ghana (BoG), Dr Johnson Asiama, has charged the Ghana Association of Banks (GAB) to engage with the government on how banks can support a proposed street adoption and beautification programme.
The Governor made t…
Six African startups have been selected as winners of the 2026 FINCA (https://FINCA.org/ )Ventures Prize Competition (https://apo-opa.co/4zgFQFQ), receiving a combined $400,000 in catalytic funding to accelerate their impact in key…
Since its launch in June this year, the Telecel M’ahitti Promo has brought economic hope to thousands of people across Ghana. More than GHC2 million has been awarded through one GHC1 million monthly prize, as well as daily and weekly prize…
The AI boom has become a powerful driver of global trade, outweighing tariffs and geopolitical shocks
The trade outlook has improved, with growth through 2029 now forecast to outpace the previous decade
Sub-Saharan Africa re…
Shelter Afrique Development Bank (ShafDB) today launched its first sustainable bond issuance, worth FCFA 60 billion (approximately USD 100 million). The issuance will mobilize local-currency resources to finance affordable and sustainable …
Sub-Saharan Africa’s economy remains resilient despite geopolitical tensions, climate shocks, declining development assistance, and fiscal pressures. Growth in the region is projected to rise from 4.1% in 2025 to 4.3% in 2026, 0.3 …
Preliminary results from the 2026 PAFTRAC (https://PAFTRAC.Afreximbank.com/) Africa CEO Trade Survey, presented at the WTO Public Forum in Geneva, revealed that 81.3 per cent of senior executives expect their cross-border activity …
The UK-Ghana Trade and Investment Summit 2026 has signalled a shift in the country’s bilateral economic relationship with the United Kingdom, with stakeholders calling for greater focus on concrete investments and long-term industrial …
MACROECONOMIC INDICATORS
Q2, 2026 Real GDP Growth 6.0%
Average Real GDP Growth for 2026 6.2%
2026 Projected Real GDP Growth 4.8%
BoG Policy Rate 14.0%
Weekly Interbank Interest Rate 10.20%
Inflation for August 2026 …
Economist Dr. Charles Abugre says Ghana’s experience with the GoldBod provides an opportunity to rethink conventional approaches to economic management, particularly the country’s reliance on external financing and traditional monetary…
Africa needs deeper capital markets, stronger financial institutions and better mechanisms for mobilizing its own resources if it is to finance development at the scale required, experts said at the 2nd Annual Conference on Credit …
The Ghana Reference Rate (GRR) has fallen further to 10.04% in October 2026, down from 10.18% in September, as borrowing conditions in the banking sector continue to ease despite the Bank of Ghana maintaining its policy rate at 14%.
…
Fitch Ratings says Attijariwafa Bank’s acquisition of a 55.2% stake in Societe Generale Ghana is unlikely to materially affect the Moroccan lender’s capital position, given the relatively small size of the Ghanaian subsidiary.
Accor…
SAP SE (NYSE: SAP) today showcased the Autonomous Enterprise in action at SAP Connect, demonstrating how Joule Work and Joule Assistants generate value for customers across every line of business.
“This is a breakthrough moment for busi…
Experts have called for the urgent modernisation of agriculture across West Africa, stressing the need to move beyond increased production and focus on transforming agricultural value chains to ensure food security and improved nutrition a…
Mr Ahmed Ibrahim, the Minister of Works, Housing and Water Resources, says the Banda District in the Bono Region would become a major tourism destination hub in the country within the next five years.
He said the government was working …
NIB Bancassurance Dr Seidu (left) with Mr Barima (right) displaying the Bancassurance partnership plague
The National Investment Bank (NIB) PLC and SIC Life Insurance Limited have collaborated to launch a Bancassurance product…
The Ghana Stock Exchange (GSE) Composite Index gained 1.33 per cent last week, even as trading activity weakened significantly, with the total value of shares traded falling by more than 28 per cent compared with the previous week.
Th…
The Peasant Farmers Association of Ghana is calling for an urgent resolution to the reported impasse between the Ministry of Finance and the Ministry of Food and Agriculture, warning that farmers could ultimately bear the cost of delay…
For Audrey Pappoe, who has built an international career as an Emirates cabin crew member, hearing a passenger speak Twi, Ga, Ewe or Dagbani can create an immediate connection with home.
It is one of the things she has come to appreciat…
Supply chain leaders from across Africa were recognised for their contributions to governance, sustainability, digital transformation and professional development at the inaugural African Supply Chain Confederation (ASCON) Awards.
The …
AI use hits 64% in IT, but infrastructure and governance constrain broader deployment; new tool helps institutions see where they stand.
Tuesday, 6 October 2026 - As AI use proliferates in the SMB sector, small banks, credit unions and …
Infrastructure finance is being reshaped by the need to connect policy ambition, investable project pipelines and measurable climate outcomes. Across African markets, the challenge is to identify capital but is also about creating …
In one week, more than 10,000 delegates will converge in Cape Town to access Africa’s next generation of energy investment opportunities as African Energy Week (AEW) 2026 brings projects, capital and decision-makers together from O…
MTN Ghana (Scancom PLC) has been notified by the National Communications Authority (NCA) of the award of new spectrum in the 700 MHz and 3 GHz bands, a major step forward in the company's plans to expand 5G and mobile broadband services na…
Telecel Ghana reaffirmed its commitment to advancing women in leadership as its External Affairs Director, Komla Buami, joined a distinguished panel at the 10th anniversary edition of the Executive Women's Network (EWN), one of Ghana's lea…
When Hamdia Issahaku gained admission to the University for Development Studies (UDS) to study Nursing, she was excited to begin her journey towards becoming a professional nurse.
But financing her education was a major concern.
Grow…
GoldBod Jewellery, in partnership with B-Light Jewellery, has opened a new showroom at the Takoradi Mall in Takoradi, the capital of the Western Region, as part of efforts to bring quality Ghana-made gold jewellery closer to consumers …
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