Foreign direct investment (FDI) continues to be a critical driver of economic growth across Africa. Investors are increasingly discerning, seeking jurisdictions that combine market potential with regulatory clarity, strong governance, and …
Economist Professor Godfred Bokpin says a three-month extension of Ghana’s programme with the International Monetary Fund is necessary to guarantee a clean, credible, and orderly exit, noting that the move was widely anticipated.
Re…
PARTNERS in Ghana’s Tweneboa, Enyenra and Ntomme (TEN) oil fields have agreed on final sale and purchase terms to acquire the Floating Production, Storage and Offloading (FPSO) vessel currently used at the field when its lease expires in…
The Chamber of Agribusiness Ghana (CAG) has called for the establishment of a National Industries Development and Regulatory Authority (NIDRA) as a structural reform to reset the country’s industrial sector.
It explained that such a bod…
Thousands of cassava farmers in Oti Region are facing crisis as their processed cassava chips have piled up with no buyers, causing significant financial losses.
The chips processed with peels intact, are now deemed unsuitable for cassava…
Management of the La Community Bank (LCB) has dismissed public perceptions that the bank is struggling and reaffirmed its financial vialbity and stability.
The management said contrary to rumours that the bank was on the verge of collapse…
GRATIS Foundation has participated in a technical engagement with a delegation of the business community from China, as part of its on-going efforts to promote and spur investments, trade and industrialization in the country.
A statemen…
Rapid Courier, a global logistics company, has donated 1,080 biohazard waste bins to three health facilities and a non-governmental organisation (NGO) in Accra to help reduce hospital-acquired infections.
The donation, made as part of…
The ongoing economic stabilisation is beginning to restore confidence among businesses and investors, creating renewed space for small and medium-sized enterprises to plan, expand and create jobs, the Deputy Chief of Staff (Administratio…
Mr Osman Sulemana, the Chief Executive Officer (CEO) of Penang Shipbuilding and Construction (PSC) Tema Shipyard Limited, says he was “welcomed by reptiles” upon assuming office in 2025, at the facility, a reflection of the dilapidated sta…
Africa’s digital economy is projected to grow from about USD 115 billion in 2022 to over USD 700 billion by 2050, with the upcoming Digital Assets Summit Africa (DASA) 2026 expected to play a pivotal role in accelerating the transformation…
GOIL PLC, a listed oil and gas marketing company, has cut fuel prices at 150 of its outlets nationwide as part of its contribution to ease the cost of living.
The latest fuel price reduction by GOIL, the second this month, takes effec…
Devtraco Group, an indigenous real estate development company, has reiterated its commitment to building sustainable, future-ready developments that create lasting value for clients.
At a media and stakeholder engagement in Accra, managem…
Dr Johnson Asiama, Governor of the Bank of Ghana (BoG), has urged stakeholders to pursue reforms aimed at improving efficiency in the country’s gold-reserve programme rather than apportioning blame over losses incurred.
Addressing the P…
GCB Bank PLC has handed over a refurbished dormitory block at the Tamale Senior High School (TAMASCO) to improve the living condition of students on campus.
Known as Tamakloe House, the 12-bedroom dormitory block has the capacity to a…
Fuel prices at the pumps are poised for a second consecutive decline in the second pricing window of January, according to projections from the Chamber of Oil Marketing Companies (COMAC).
COMAC data show petrol prices are expected t…
The International Monetary Fund says its assessment that the Ghana Gold Board(GoldBod) recorded losses of about US$214 million remains unchanged.
The assessment, contained in an IMF report, was discussed in the Staff Report for the …
The Chamber of Petroleum Consumers (COPEC) is anticipating the intense price competition in the downstream petroleum sector to continue into the second pricing window of January, following aggressive price cuts by major oil marketing c…
Government is courting additional investment from Japan, pointing to Ghana’s improving macroeconomic conditions.
Speaking to a high-level Japanese delegation, Minister for Trade, Agribusiness and Industry, Elizabeth Ofosu-Adjare, hi…
THE Rubber Processors Association of Ghana (RUPAG) has petitioned the Ministries of Food and Agriculture, Finance, and Trade and Industry over what it describes as persistent under-declaration in the export of raw natural rubber.
In t…
The Ghana Airport Company Limited (GACL) is working to attract more domestic airlines to the aviation industry in a bid to reduce high airfares, the Managing Director of GACL, Mrs Yvonne Nana Afriyie Opare, has said.
Appearing before …
THE Ghana Export–Import Bank (GEXIM) has announced its strategic direction with plans to sharpen its focus on export-led industrialisation, food security, and job creation as it marks a decade of operations.
The Bank disclosed this at…
The National Petroleum Authority (NPA) is to pilot a 24-hour fuel station operations as part of the government's efforts to boost night-time commerce and create jobs under the 24-hour economy policy, following the formation of a multidis…
Despite an economic expansion of 3.8 percent in October 2025, the Government Statistician, Dr. Alhassan Iddrisu, has warned that underlying risks in key sectors could limit Ghana’s growth potential. While headline figures suggest a rec…
The Ghana Export-Import Bank (GEXIM) will host its 10th Anniversary International Conference from 25–26 March 2026 in Accra as part of activities marking a decade of the bank’s operations, with the event expected to refocus national at…
The Chartered Institute of Bankers, Ghana (CIB Ghana) has capped 2025 with significant institutional progress, reaffirming its commitment to strengthening its impact on Ghana’s financial system and expanding selected programmes across …
The Ghana Shippers’ Authority (GSA) has intensified its drive to sanitise the commercial shipping industry, pledging to leverage the new Ghana Shippers’ Authority Act, 2024 (Act 1122), to eliminate operational inefficiencies and arbitrar…
The global economy is showing greater resilience than previously expected despite ongoing trade tensions and policy uncertainty, the World Bank has said in its latest Global Economic Prospects report.
Global growth is projected to r…
The Importers and Exporters Association of Ghana (IEAG) has appealed to policymakers to maintain prudent monetary policies while strengthening collaboration with the private sector to enhance business confidence and increase trade volume…
THE price of premix fuel saw a significant reduction of 16 per cent on January 1, 2026, compared to the last price review on October 1, 2025, the National Petroleum Authority (NPA) reported.
This development, the NPA said, was favour…
The Group Chief Executive Officer (CEO) of Devtraco Group, Mr Francis Okoh Okai, has reaffirmed the company’s commitment to transparency, innovation and sustainable growth.
He said the company was prepared to work closely with the med…
Ghana and Japan are to host a two-day conference aimed at highlighting the trade and investment opportunities in the two countries.
The public-private initiative seeks to strengthen economic cooperation and unlock new areas of partner…
As the industry faces familiar challenges, experts foresee AI becoming the engine that drives the business.
As insurers have entered the AI age, they've regarded the technology as something like a hot new phone app: They know they want …
Jadwa Investment, a leading investment management and advisory firm in the Middle East, has announced the launch of its flagship private credit fund, Jadwa GCC Diversified Private Credit Fund, with a target size of up to SAR 750m (USD 200m…
Regional electricity integration could be a game-changer for Africa, helping countries address persistent electricity challenges and attract investment in energy infrastructure, according to the African Energy Chamber’s (https://En…
When Francisca Asiedu first walked into the premises of the Ministry of Agriculture years ago as a budding journalist to cover a group of young agriculture graduates staging a sit-in protest for jobs, little did she know that assignment wo…
Emirates will continue rolling out its retrofitted Boeing 777 and new A350 aircraft to key destinations across Europe, North America, Asia, the Middle East, Africa, and Australia, bringing Premium Economy and its latest onboard products to…
The Minister for Trade, Agribusiness and Industry, Elizabeth Ofosu-Adjare, has reaffirmed Ghana’s readiness for concrete investments, declaring that the country has moved beyond discussions and is now focused on action-oriented partner…
Dr. Mark Assibey-Yeboah, former Member of Parliament for New Juaben South, has described the Ghana cedi as currently overvalued, warning that the situation is adversely affecting exporters and state revenue agencies.
Speaking in an …
THE Ghana Revenue Authority (GRA) is collaborating with the Petroleum Commission and the National Petroleum Corporation to recover an amount of $360,240 in debt as surface rental fees from two companies operating in the country currently…
As the world accelerates its shift from fossil fuels to clean energy technologies, Africa is emerging as a central player in supplying the minerals that underpin this transformation. According to the African Energy Chamber’s (AEC) …
Governor of the Bank of Ghana (BoG), Dr. Johnson Asiama, has called for a unified national effort to reform and strengthen the Domestic Gold Purchase Programme (DGPP) and its associated Gold-for-Reserves (G4R) framework, amid revelatio…
Let’s really think about this: Today, Africa contributes less than 5% of the world’s energy-related emissions, despite being home to 19% of Earth’s population. By 2060, the continent’s population is expected to reach 28% of the glo…
The Bank of Ghana has issued a stern warning to commercial banks, placing the renewal of their foreign exchange trading licences squarely on the line after uncovering serious weaknesses in how some institutions handle foreign currency …
A US-based Monetary Economist, Dr. Dennis Nsafoah, has attributed the cedi appreciation in 2025 solely to the Bank of Ghana’s monetary policy.
According to him, the sharp appreciation of the cedi, from about GH¢15.80 per dollar in ear…
The Bank of Ghana has ordered an external audit into the implementation of the Gold for Oil programme covering the period between 2022 and 2024, Governor of the Bank of Ghana, Dr Johnson Asiama, has announced.
This, Dr Asiama noted, w…
The Farm Manager of Volta Red Farms Limited, Mr Seidu Ibrahim, has called on the government to make deliberate efforts to attract the youth into tree crop cultivation, particularly oil palm.
Mr Ibrahim said tree crop cultivation was a…
Finance and Tax Analyst, Nelson Cudjoe Kuagbedzi, has projected an upgrade in Ghana’s sovereign credit rating, citing what he describes as a steadily improving macroeconomic environment and stronger fiscal discipline.
According …
Ghana’s seaports are recording a strong surge in trade activity, offering a bright spot for the economy even as passenger arrivals through airports and land borders soften slightly.
According to the Bank of Ghana’s November 2025…
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