The President of the ECOWAS Bank for Investment and Development (EBID), Dr. George Agyekum Donkor, has stated that the bank will allocate at least 63% of its total commitments to private sector development under its new five-year strat…
Economist Professor Peter Quartey is urging renewed investment in Ghana’s upstream petroleum sector as the country’s crude oil production falls for a sixth consecutive year, raising concerns over output sustainability.
Latest data f…
Trucks carrying onions and other vegetables from Niger to Ghana, which were recently detained in Nigeria, have now been released, bringing relief to traders and stakeholders involved in the regional agricultural trade.
The trucks, t…
Heath Goldfields Ltd. has announced a landmark offtake agreement with Trafigura Pte Ltd., one of the world’s largest commodity trading houses, for the purchase of 700,000 ounces of gold doré from the Bogoso-Prestea mine in Ghana’s West…
Ghana’s crude oil production has extended its downward trajectory for a sixth consecutive year, underscoring deepening structural and operational challenges within the country’s upstream petroleum sector.
Latest data from the Public…
StarLife Assurance has honoured 32 of its top-performing Sales Executives with exciting travel experiences under its flagship Sales Incentive Programme, Race of the Champions.
The initiative, designed to motivate excellence and reward o…
Rising demand for lithium is positioning Africa to attract foreign investment, accelerate local beneficiation and strengthen its role in securing the global battery supply chain. A recent forecast by Wood Mackenzie projects that global…
Boulder Imaging, Inc., a leading provider of ultra-high speed machine vision technologies for wind energy and manufacturing applications, has received a significant growth investment from funds managed by Lime Rock New Energy (“LRNE”), wit…
Stakeholders working in the rice value chain have called for reforms in the sector to boost domestic consumption and exports.
They explained that revamping the seed sector, fertiliser subsidisation, mechanisation facilities, packaging…
African Export-Import Bank (Afreximbank) (www.Afreximbank.com) is proud to announce that it is supporting Dangote Group, as it seeks to expand its operations and grow its turnover to US$100 billion by 2030.
The Group’s leadership pr…
The Kaneshie Market in Accra erupted into cheers and excitement as Telecel Ghana presented a brand-new Hyundai Creta as grand prize to the 14th cycle winner of its SMS-based trivia competition, Dream Car promo.
Kofi Ofosu-Ennin, an arch…
African Export-Import Bank (“Afreximbank” or the “Bank”) (www.Afreximbank.com) and its subsidiaries (the “Group”) has announced strong results for the year ended 31 December 2025, underscoring sustained financial resilience, increa…
Australian mining company Resolute Mining has approved a $516 million Final Investment Decision (FID) for its Doropo Gold Project in the Ivory Coast. The FID advances the project into the construction phase, with first production o…
For the first time, Eswatini’s most investment-ready enterprises pitched directly to international impact investors, and the results exceeded expectations on both sides.
For three days in March 2026, Eswatini became a live pitch…
The Governor of the Bank of Ghana (BoG), Dr Johnson Pandit Asiama, has stated that the central bank’s aggressive measures to curb inflation in 2025 came at a considerable financial cost, even though they contributed significantly to impr…
The Commissioner-General of the Ghana Revenue Authority (GRA), Anthony Kwasi Sarpong, has reaffirmed the GRA’s commitment to improving the welfare of its staff to achieve its mandate of revenue mobilisation.
He explained that the GRA …
The Public Interest and Accountability Committee (PIAC) has called on the government and the Petroleum Commission to develop a framework that can boost investment in existing oil-producing fields, including fields yet to pour first oil, …
Ghana’s Minister for Finance, Cassiel Ato Forson, has raised concern over unpaid arrears of about $256 million owed to the ECOWAS Bank for Investment and Development, warning that delays by member states are constraining the bank’s ope…
The Chief Executive Officer (CEO) of Development Bank Ghana (DBG), Professor Randolph Nsor-Ambala, says the proposed $500 million oil palm development finance facility will be used to develop the value chain within the oil palm sector.
…
Agricultural Development Bank (ADB) PLC has pulled off a stunning financial turnaround, recording GH¢367.2 million historical profit position by the end of 2025.
A statement issued by the ADB on the bank’s audited summary financial st…
TO counter the severe economic shocks triggered by the escalating conflict in the Middle East, the Board of Directors of the African Export-Import Bank (Afreximbank) has approved a $10 billion Gulf Crisis Response Programme (GCRP) to ins…
What began as the refusal of the lowest denominations of the Ghanaian cedi, the one and five pesewas, has now escalated into a widespread rejection of the 10 and 20 pesewa coins.
In many communities, traders, commercial drivers, and s…
The abolition of the Electronic Levy (E-Levy), COVID-19 Levy and Betting Tax cost Ghana more than GH¢13 billion annually in lost revenue, the Centre for Policy Scrutiny (CPS) has revealed.
According to the policy think tank, the foreg…
MTN Ghana, in collaboration with SME Grow Africa, has organised a two-day training workshop for about 250 Small and Medium Enterprises (SMEs) in the Volta Region to build their capacity.
The workshop, which was on the theme: ‘Setting …
The Ghana Stock Exchange (GSE) resumed trading after the Easter holidays on a positive note, with the GSE Composite Index (GSE-CI) adding 40.41 points to close at 13,081.19, as investors returned to select counters.
Trading data for t…
Managing Director of Fidelity Bank Ghana, Julian Opuni, has called for stronger collaboration between industry and education to address the growing disconnect between classroom learning and the skills required in the modern workplace.
S…
Telecel Ghana, through its enterprise arm Telecel Business, has held the third edition of its Women 100 Power Connect, bringing together one hundred influential women from business, governance, academia, technology and entrepreneurship to …
MTN’s Chief Corporate Services and Sustainability Officer, Adwoa Wiafe, has urged the youth to redefine success by choosing purpose and impact over job titles as they navigate the future of work.
Speaking to over 150 students at the 202…
The African Export-Import Bank (Afreximbank) has been confirmed as a Partner of African Energy Week (AEW) 2026, taking place October 12–16 in Cape Town. Its participation underscores the event’s role as a premier investment platfor…
RHUCE, a new social platform designed for African creatives, has officially launched today, introducing a new model for how creators across the continent can turn their skills, learning, and content into income.
As Africa's creator eco…
The Ministry of Lands and Natural Resources has officially approved the grant of the Damang Mining Lease to Engineers and Planners Ltd, following a competitive tender process that saw four companies submit bids for one of Ghana's most si…
The war in the Persian Gulf is already being felt far beyond the region, reflected in rising fertilizer prices in rural India and in the shifting planting decisions of farmers across Africa and well beyond.
For those working on the fron…
To counter the severe economic shocks triggered by the escalating conflict in the Middle East, the Board of Directors of African Export-Import Bank (Afreximbank) (www.Afreximbank.com) has approved a US$10 billion Gulf Crisis Respon…
Morocco’s decision earlier this year to pause elements of its long-anticipated LNG import strategy marks less a delay than a strategic reset – one that reflects both shifting global market dynamics and a more pragmatic approach to …
Nigeria’s renewed push to reestablish itself as a leading global oil and gas investment destination will take center stage at the Invest in African Energy (IAE) Forum in Paris next month, where Heineken Lokpobiri, Minister of State…
Tourism and investment leaders from across the continent are urged to attend the Africa Tourism Investment Conference (ATIC), taking place on 14 April 2026 at the Cape Town International Convention Centre (CTICC) as part of World Travel Ma…
Ghana’s sovereign credit rating has been affirmed at ‘B-/B’ with a stable outlook by S&P Global Ratings, reflecting improving economic conditions alongside persistent fiscal and external risks.
The ratings agency said stronger economi…
The private sector has been urged to take full advantage of the government’s $500 million Oil Palm Development Initiative to unlock additional investment and accelerate growth in the sector.
The Chief Executive Officer of the Developm…
The Quaye Nungua R/C Basic School has been rewarded with a refurbished Information and Communication Technology (ICT) laboratory for winning the Wrapper Collection Challenge, a key component of the Fan Milk School Caravan initiative.
…
A fresh trade dispute has erupted between Nigerian and Ghanaian onion traders, forcing a suspension of cross-border supply and raising concerns over regional commerce and food distribution.
The crisis, which has been simmering for mon…
The National Petroleum Authority (NPA) and the 24 Hour Economy Authority have signed a Memorandum of Understanding (MoU) to operationalise round-the-clock activities in the downstream petroleum sector, as part of efforts to drive Ghana’s…
The Minister for Trade, Elizabeth Ofosu Agyare, has reaffirmed the government’s commitment to creating an enabling environment for businesses and agribusinesses, highlighting initiatives designed to boost enterprise and attract investm…
Prudential Life Insurance Ghana has taken a bold step to support healthcare by disbursing GH¢100,000 to settle the medical bills of 56 patients across five major hospitals in Ghana.
This timely financial intervention allowed patients…
The International Monetary Fund (IMF) has cautioned that widening global imbalances are being driven by deep-rooted domestic economic factors not trade tariffs or narrow industrial policies challenging a growing shift toward economic n…
MobileMoney Fintech Limited (MMF) has engaged fintech partners, banks, regulators and other stakeholders to strengthen collaboration and address the growing threat of digital fraud within Ghana’s financial ecosystem.
The engagement, hel…
The upcoming African Mining Week (AMW) conference – taking place October 14–16, 2026 in Cape Town – will feature a dedicated panel exploring the role of mergers and acquisitions (M&As) in unlocking Africa’s mining investment potent…
Moniepoint Inc. ("Moniepoint"), Africa's leading financial platform, today announces the completion of its acquisition of Sumac Microfinance Bank Limited ("Sumac"). The transaction, approved by the Central Bank of Kenya and Competition Aut…
Caribbean leaders are accelerating oil and gas development even as they advance renewable energy initiatives, arguing that rising global demand requires a pragmatic, dual-track approach.
At the opening of Caribbean Energy Week i…
The Caribbean’s energy ambitions received a major financial boost this March as Afreximbank confirmed it is increasing its CARICOM financing capacity to $5 billion, marking a significant step toward closing the region’s infrastruct…
The Governor of the Bank of Ghana, Dr Johnson Pandit Asiama, has highlighted the high cost of maintaining macroeconomic stability despite improved economic indicators, raising concerns over the burden of monetary tightening on the cent…
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