Ghana records 7.7% economic growth driven by strong services sector performance
Ghana’s economy registered robust expansion in February 2026, growing by 7.7% year-on-year, based on the latest Monthly Indicator of Economic
Economy
Banks recover strongly as deposits rise, bad loans decline
Ghana’s banking sector ended 2025 in a much stronger financial position, with banks improving their capital strength, reducing bad loans,
Chinese company Huayou agrees to fund Ewoyaa mine development amid Atlantic Lithium takeover talks
Chinese battery materials giant Zhejiang Huayou Cobalt has agreed to take over the remaining development funding obligations for Ghana’s Ewoyaa
Debt pressures in Nigeria are deepening despite signs of improvement on paper
Nigeria continues to face serious debt challenges despite improvements in some key economic indicators, according to a new report released
Minority calls on government to avoid politicising Bank of Ghana’s crisis.
The Minority in Parliament has called on the government to avoid turning the Bank of Ghana’s (BoG) current difficulties into
Government explores egg powder production to tackle glut
The government is exploring plans to process excess eggs into powder and other alternative products as part of efforts to
DDEP repayments are projected to drive up Ghana’s debt service costs beginning in 2027.
Ghana is expected to face a significant increase in debt servicing expenses from 2027 when repayment of bonds issued under
Gold sector strengthens Ghana’s growth and external position — Fitch
Ghana’s gold sector remains a key driver of economic growth and external stability, Fitch Ratings has noted in its latest
Africa must shape the future of global finance, not just follow — BoG Governor
The Governor of the Bank of Ghana (BoG), Dr Johnson Pandit Asiama, has urged African policymakers and industry leaders to
Ghana’s reference rate drops to 10.03%, signaling lower borrowing costs ahead.
A slight drop in the Ghana Reference Rate (GRR) to 10.03% for May 2026 has been confirmed by the Ghana