Ghana discloses a $2.5 billion yearly trade deficit
Elizabeth Ofosu-Adjare, Ghana’s Minister for Trade, Agribusiness and Industry, has revealed that the country loses about $2.5 billion in export […]
Economy
Rising global imbalances cannot be fixed by tariffs – IMF cautions
The International Monetary Fund (IMF) has cautioned that widening global imbalances are being driven by deep-rooted domestic economic factors not
Bank of Ghana’s $1.3bn profit from gold sale could help narrow 2025 losses
The Bank of Ghana (BoG)’s decision to sell more than half of its gold reserves in November & December 2025
US–Iran Strait of Hormuz tensions hit five key sectors, costing Africa heavily.
Shipping interruptions along the Strait of Hormuz are starting to affect African economies, putting pressure on fertiliser availability, industrial supplies
Zambia: Government declares fuel supply situation an emergency
As the war in the Middle East continues to drive up fuel prices, the Zambian government has called the current
BoG indicates that the stability of inflation and the cedi has been secured, though with heavy economic sacrifices.
The Governor of the Bank of Ghana (BoG), Dr Johnson Pandit Asiama, has pointed out the significant cost involved in
Nigeria’s banking sector has completed a $2.95 billion recapitalisation, the largest in 20 years.
Nigeria’s banking sector has completed its recapitalisation, but the Central Bank of Nigeria (CBN) is not resting on its laurels.
Senegal restricts ministers’ foreign travel amid rising global oil prices.
Senegal has introduced an immediate restriction on non-essential overseas travel for government ministers, as surging global oil prices put increasing
$600m tomato imports undermining Ghana’s economy — Chamber of Agribusiness
The Chamber of Agribusiness has called on the government to halt the importation of certain agricultural products, particularly tomatoes, as
Women’s Development Bank to be launched soon — Vice President assures
The Vice President, Professor Naana Jane Opoku-Agyemang, has assured that the government’s flagship Women’s Development Bank will soon be launched