Business News

Business News

Ghana’s Public Debt Surges to GH₵658.6 Billion

In the first two months of 2024, Ghana’s public debt increased significantly by GH¢47.4 billion, reaching a record high of GH¢658.6 billion. The Bank of Ghana disclosed this information in its latest Summary of Economic and Financial Data. This surge represents 62.7% of the country’s Gross Domestic Product (GDP) as […]

Business News

Cedi’s Stability Expected to Improve;Finance Minister

In a recent briefing on the economy, the Minister of Finance, Dr. Mohammed Amin Adam, expressed optimism about the stability of the Ghanaian Cedi. He assured that measures were being taken to strengthen the currency in the medium term. Dr. Adam highlighted several factors contributing to the Cedi’s stability. Despite recent pressures, the […]

Business News

USAID’s Power Africa Program Celebrates 5 Yrs of Expanding Access to Clean and Reliable Energy in West Africa

The United States government, through the U.S. Agency for International Development (USAID), has successfully implemented the Power Africa, West Africa Energy Program (WAEP) over the past five (5) years. To mark this milestone, a lessons-learned event was held in Accra, Ghana, bringing together key energy-sector stakeholders, including government officials and […]