Databank Research has maintained its end-of-year real Gross Domestic Product (GDP) growth forecast at 4.5% ± 100 basis points. In its second half-year outlook, it expects increased infrastructure investment, particularly …
Economy and Finance
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Economy and Finance
Container traffic at Ghana’s ports increase by 27.8% to over 1.7m in 2024
by Adnan Adamsby Adnan AdamsGhana’s container traffic for 2024 increased to 1,701,246 Twenty-foot Equivalent Units (TEUs) from 1,226,635 TEUs recorded in 2023. Measured in TEUs, the increase represents a 27.8% uptick, highlighting a surge …
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Economy and Finance
UK woos Ghanaian businesses to explore trade partnerships
by Adnan Adamsby Adnan AdamsThe United Kingdom (UK) government is encouraging Ghanaian businesses to view the UK as a strategic hub for trade partnerships that can drive mutual economic growth. According to the UK …
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Economy and Finance
BoG sells US$243mn in FX forward auction, highest since beginning of 2025
by Adnan Adamsby Adnan AdamsThe Bank of Ghana (BoG) has sold one of its highest amounts of dollars for the market through a single 7-day FX forward auction. Market data seen by JOYBUSINESS showed …
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Economy and Finance
AGI builds confidence in Ghana’s banking system as it predicts fall in lending rates
by Adnan Adamsby Adnan AdamsThe Association of Ghana Industries (AGI) is upbeat that the recent cuts in the Bank of Ghana’s policy rate will trigger a new phase of lending and growth for businesses. …
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Economy and Finance
Mahama reaffirms commitment to industrialisation at 2025 Ghana Industrial Summit
by Adnan Adamsby Adnan AdamsThe Director of Agribusiness at the Presidency, Dr. Peter Boamah Otokunor, officially opened the 2025 Ghana Industrial Summit and Exhibition (GISE) and the Biannual Environmental Science & Technology Forum (BEST …
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Economy and Finance
Ghana has spent 40 out of 68 years under IMF programmes – World Bank
by Adnan Adamsby Adnan AdamsGhana has spent 40 out of its 68 years since attaining political independence under International Monetary Fund (IMF) programmes, the World Bank has revealed in its 2025 Policy Notes titled …
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As part of its mandate in helping to shape the economic direction for growth of member nations, the World Bank has advised Ghana’s government to lean more on concessional external …
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Ghana is enjoying a hyper rebound in foreign investor confidence, with Foreign Direct Investment (FDI) surging by 381.9% in the first half of 2025 compared to the same period last …
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Agric and EnvironmentEconomy and FinanceNewsProfile
ADB posts GH₵35m net profit in 2024
by Adnan Adamsby Adnan AdamsThe Agriculture Development Bank (ADB) has declared a remarkable financial turnaround, bouncing back from a significant loss in 2023, to profit in 2024. At its Annual General Meeting (AGM) …