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Ecobank, Mantrac Ghana partner to boost equipment financing for local businesses
Ecobank Ghana and Mantrac Ghana have signed a strategic partnership to provide flexible equipment financing solutions that will enable businesses in mining, construction, agriculture and manufacturing to acquire Caterpillar equipment and expand their operations. The initiative is expected to improve access to heavy mac...
Ghana calls for urgent political finance reforms to protect democracy across Africa
Deputy Minister for Finance, Thomas Nyarko Ampem, has called for urgent reforms to political financing across Africa, warning that the growing influence of money in politics is undermining democratic integrity, excluding capable leaders, and weakening public trust in democratic institutions.
Forms Capital & MobileMoney Fintech rebrand ‘XtraBalance’ as ‘MoMo Boost’ to drive customer adoption
The company said the rebranding is designed to make the service easier to identify and better communicate its purpose, while maintaining the same features and benefits customers already enjoy.
Ghanaians hold record GH¢40bn in mobile money wallets
Ghanaians are keeping more money in their mobile money wallets than ever before, with balances reaching a record GH¢40 billion in June 2026, reflecting the growing reliance on digital financial services across the country. Latest payment systems data from the Bank of Ghana (BoG) shows that mobile money float balances i...
NEIP, Venture Capital Trust Fund partner to establish GH¢100m Adwumawura Fund
The National Entrepreneurship and Innovation Programme (NEIP) has partnered with the Venture Capital Trust Fund (VCTF) to improve access to financing and business development support for entrepreneurs across Ghana. The two institutions signed a Memorandum of Understanding (MoU) aimed at bridging the gap between entrepr...
Conditions for increasing lending progressively improving – BoG
The Bank of Ghana (BoG) says improving lending conditions across the financial sector are strengthening the case for regulatory reforms aimed at supporting innovation and expanding financial inclusion. According to the central bank, as access to credit improves, it is equally important to ensure that Ghana’s regulatory...
Businesses call for tax reforms at Ghana Business League Awards
The appeal was made by General Manager of Skynet, Abraham Siaw, on the sidelines of the 2026 Ghana Business League Awards, where he said although the macroeconomic environment has shown signs of improvement, the tax burden remains a major challenge for businesses striving to expand operations and create jobs.
Agribusiness needs patient capital and timely government support, says SPEG President
Speaking on Joy Business MasterClass as part of Joy Agribusiness Month, Mr. Benjamin argued that agriculture requires a financing model that reflects the long-term nature of investments in the sector.
Fuel prices set to go down from July 16 despite current war in the Middle East – COMAC CEO
The Chief Executive of the Chamber of Oil Marketing Companies (COMAC), Dr. Riverson Oppong, has revealed that prices of petroleum products will be reduced at the pumps from July 16, 2026. Dr. Oppong stated that the projection was based on current developments in the international market, as well as expectations of futu...
Consumer spending records mixed performance in quarter one 2026, cement sales declined by 10.7%
Activity in the construction sub-sector, proxied by the volume of cement sales, declined by 10.7% (year-on-year) in March 2026 to 226,629.10 tonnes. This is down from 253,754.47 tonnes recorded a year ago.
Liquidity slows down in first 4 months of 2026 – BoG
According to its May 2026 Monetary Policy Report (MPR), the moderation in broad money growth was largely driven by a significant decline in the contribution of Net Foreign Assets (NFA). However, this was partly offset by stronger growth in the Net Domestic Assets (NDA).
Engineers want independent council to monitor Ghana’s infrastructure
The Ghana Institution of Engineering has proposed the establishment of a National Infrastructure Council to improve planning, coordination and accountability in the management of public infrastructure. Speaking on the Asaase Breakfast Show on Wednesday (15 July), Vice-President Dr Patrick Amoah Bekoe said the recommend...