Ghana, alongside Senegal, Angola, and Botswana, is set to benefit from a $150 million facility aimed at derisking the financial ecosystem under the African Continental Free Trade Area (AfCFTA). This development is a result of a risk participation agreement signed between the African Development Bank (AfDB) and the Trade Development […]

As Ghana prepares for a new era under President-elect John Mahama, renowned economist Dr. Peter Terkper has sounded a warning bell about the economic challenges awaiting the incoming administration. With the economy already under pressure, Dr. Terkper emphasizes the need for cautious and strategic policy implementation under Ghana’s ongoing IMF […]

In a welcome turn of events, the Bank of Ghana’s gold coin has witnessed a price drop as of December 9, 2024. The coins, available in one-ounce, half-ounce, and quarter-ounce variants, are now priced at GH₵41,001, GH₵20,905, and GH₵10,887, respectively. This downward adjustment in prices is a direct result of […]

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Ghana’s trade balance has continued to show positive growth, with a trade surplus of 3.9 billion cedis recorded in the third quarter of 2024. This marks the fourth consecutive quarter of positive trade balance. The total trade value for the quarter stood at 145.7 billion cedis. The details are : […]