Ghana has solidified its position as a burgeoning tech powerhouse in Sub-Saharan Africa, outperforming regional giants Nigeria and Kenya in the newly released Fitch Solutions 2026 Digital Readiness Risk Index. …
Fitch Solutions
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Economy and FinanceMining & Energy
Over-reliance on gold exports poses risk to 2026 budget – Analysts warn
by Adnan Adamsby Adnan AdamsSome market watchers are worried over the government’s heavy reliance on gold exports to build the country’s reserves, identifying it as a key underlying risk to the implementation of the …
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Economy and Finance
Ghana to witness stronger growth in 2026 – Fitch solutions hints
by Adnan Adamsby Adnan AdamsFitch Solutions is projecting strong economic growth for Ghana in 2026, forecasting that the country will outperform several emerging-market peers on the back of solid macroeconomic gains made in 2025. …
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Economy and FinanceNews
Ghana’s improving macroeconomic stability convinces Fitch to revise growth forecast to 4.9%
by Adnan Adamsby Adnan AdamsGhana’s economic prospects are looking up, with Fitch Solutions revising the country’s 2025 growth projection upward to 4.9 percent from its earlier projection of 4.2 percent. As contained in its …
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After a strong appreciation to peak reach around GHC10.02 to US$1.0 averagely, the Ghana cedi has broken the chain to run loose since August this year to sell at GH¢13.10 …
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Economy and FinanceNewsTechnology
Fitch, World Bank revise Ghana’s growth forecasts
by Adnan Adamsby Adnan AdamsFitch Solutions, last week, reaffirmed its projection that Ghana’s Gross Domestic Product, a measure of Ghana’s total economic output, will grow by 4.2% in 2025.
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Agric and EnvironmentEconomy and FinanceNewsTechnology
Fitch describes Ghanaian market as weak
by Adnan Adamsby Adnan AdamsAdnan Adams Mohammed In the midst of growing uncertainty, Fitch Solutions has described investors’ sentiment towards the Ghanaian market as weak. The international rating agency noted that foreign …
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Agric and EnvironmentEconomy and FinanceNewsPolitics
Fitch, IEA discount gov’t use of COVID-19 and Russia/Ukraine war as excuse for economy woes
by Adnan Adamsby Adnan AdamsAdnan Adams Mohammed Ghana’s economic collapse cannot solely be blamed on COVID-19 pandemic and the Russian/Ukraine war, Fitch Solutions has discounted government’s overused excuse. It explains that, even …
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Economy and FinanceNewsTechnology
Local banks resort to target lending.. mining firms luckiest– Fitch
by Adnan Adamsby Adnan AdamsAdnan Adams Mohammed The banks suffering from fall in capital levels due to the domestic debt exchange program (DDEP) may resort to target lending, Fitch Solutions has said, …
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Economy and FinanceNewsTechnology
Ghana to stay off bonds market in short term amidst IMF programme – Fitch
by Adnan Adamsby Adnan AdamsIn its February 2023 Africa Monitor Report, Fitch Solutions, said the rising interest rates which has been hiked to 28% at the beginning of last year make domestic borrowing more …