John Dramani Mahama has officially assumed office as the President of the Republic of Ghana, pledging to steer the nation towards economic restoration, better business opportunities, accountable governance and constitutional
Despite prevailing global headwinds, the domestic economy defied expectations, with key indicators surpassing consensus forecasts across multiple quarters. According to data from the Ghana Statistical Services (GSS), the country achieved
Despite the growth of Ghana’s oil industry, which has significantly contributed to the economy amid fluctuating production levels over the past four years, gold mining remains a cornerstone of the
The economy is expected to grow at a slower pace in 2025 as leadership changes and policy adjustments post-election take effect, according to the Ghana Market Outlook 2025 report by
In the last ten years, there has been a significant decline in decent work not just in the mining sector, but the Ghanaian economy, and this is caused largely by
Ghana has officially requested modifications to the conditionality of its IMF-supported Extended Credit Facility (ECF) programme, as outlined in the recent third review staff report for the Post-COVID-19 Programme for
The economy continues to recover strongly, with real gross domestic product (GDP) growing by 7.2 percent year-on-year (YoY) in the third quarter (Q3) of 2024. This is a significant improvement
Bank of Ghana’s Monetary Policy Committee (MPC) is highly concerned about the declining growth in lending to the private sector from banks, mainly due to their preference to lend to
Access to financial services in Africa had for decades been defined by disparities—between rural and urban areas, between men and women, between small businesses and larger enterprises. It meant that
The African continent has a land area of 30.37 million sq km (11.7 million sq mi)—enough to fit in the U.S., China, India, Japan, Mexico, and many European nations, combined.
