Economy
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Ghana’s construction ‘Gross Value Added’ to slow down in 2027, 2028 – Fitch Solutions
Fitch forecasted Sub-Saharan Africa’s (SSA) construction Gross Value Added (GVA) will grow in real terms by 4.3% in 2026, down from previous forecasts of 4.6% as of April 2026 and of 5.4% as of December 2025, amid the effects of the US-Iran conflict. This will see growth decelerate after the industry expanded by 4.5% i...
World Bank Group MD to visit Ghana and Liberia
During his visit, Mr. Donohoe will meet with President John Mahama in Accra and His Excellency President Joseph Baokai in Monrovia. He will also hold high-level discussions with senior government officials on key development priorities in both countries, with a focus on accelerating job creation, improving electricity...
GoldBod Rejects GH¢1 Billion Overdraft Allegation
GoldBod says it has never taken a loan, overdraft or debt instrument from the Bank of Ghana or any financial institution.
Ghana records GH¢148.3bn trade surplus in 2025 as gold dominates exports
Ghana recorded a strong performance in international merchandise trade in 2025, posting a trade surplus of GH¢148.3 billion (US$11.5 billion), more than three times the surplus recorded in 2024, driven largely by gold exports and expanding trade relations across global markets. The latest Annual International Merchandi...
GNPC Explorco partners Tamale Technical University to train Ghana’s next generation of petroleum professionals
GNPC Explorco and Tamale Technical University (TaTU) have officially institutionalized a strategic partnership aimed at bridging the gap between the upstream petroleum industry and academia. The two institutions signed a landmark Memorandum of Understanding (MOU) to establish a robust framework for technical knowledge...
West Africa must build resilient food systems amid inflation pressures – Veep
Vice President, Professor Naana Jane Opoku-Agyemang has called for stronger investment in agriculture and resilient food systems to address rising food prices and improve food security across West Africa. Speaking at the West Africa Rice Investment Roundtable under the theme “Mobilising Transformational Capital to Supp...
IMF Board set to approve Ghana’s final Programme Review, greenlight post-bailout economic plan
The Executive Board of the International Monetary Fund (IMF) is expected to meet today to consider and approve Ghana’s sixth and final review under the Extended Credit Facility (ECF) programme.
Cedi’s pressure to persist in June 2026; one dollar equals GH¢12.30 at forex bureaus
The cedi endured intensified depreciation in May 2026, losing 4.6% against the US dollar as a surge in forex demand from corporates and portfolio calls outweighed supply, including the BoG’s weekly support
Fitch predicts 5.0% growth rate for Ghana in 20226
The UK-based firm disclosed that Sub-Saharan African (SSA) sovereigns face the external shock precipitated by the US-Iran war from a stronger starting point than when Russia invaded Ukraine in 202
Fitch predicts 5.0% growth rate for Ghana in 2026
The UK-based firm disclosed that Sub-Saharan African (SSA) sovereigns face the external shock precipitated by the US-Iran war from a stronger starting point than when Russia invaded Ukraine in 202
Ghana’s fiscal space remains limited despite economic gains – IERPP
The Institute of Economic Research and Public Policy (IERPP) is questioning whether Ghana’s recent economic gains have translated into genuine fiscal space, warning that headline improvements may not reflect the country’s underlying financial position. In an analysis authored by its Executive Director, Prof. Isaac Boad...
Inflation for June 2026 rises sharply to 5.3%; rising non-food prices main contributor
Ghana’s year-on-year inflation rate rose to 5.3% in June 2026, up from 3.7% in May, marking a 1.6 percentage point increase largely driven by rising non-food prices, according to the Ghana Statistical Service (GSS). Despite the increase, inflation remains significantly lower than the 13.7% recorded in June 2025, indica...