The World Bank has pledged to support Ghana in addressing its youth unemployment challenge through a new Growth and Jobs Strategy. The initiative aims to create opportunities for over 500,000 young people entering the job market annually, focusing on job creation, skills development, and inclusive economic growth. This development follows […]

Many developing countries in Africa are struggling with high and rising debt levels, with about half of Sub-Saharan African countries at high risk of or already in debt distress. According to Bank of Ghana Governor Dr. Johnson Pandit Asiama per capita public expenditure on interest payments in Africa has surpassed […]

The Government of Ghana and Goldfields Ghana Limited have reached an agreement on a transitional plan for the Damang Mine, according to a statement issued by the Presidency on Wednesday, April 23, 2025. Under the agreement, Goldfields’ subsidiary, Abosso Goldfields Limited, will be issued a new 12-month mining lease pending […]

Ghana’s energy sector has been identified as the country’s biggest economic risk, with a financial shortfall of approximately $2 billion, surpassing domestic capital expenditure. The sector requires urgent reform, with inefficiencies in the distribution sector contributing to high tariffs for ordinary Ghanaians. According to a recent statement, the Electricity Company […]

The Chief Executive Officer of the Ghana Free Zones Authority (GFZA), Dr. Mary Awusi, paid a familiarization visit to two prominent Free Zone Enterprises, Cargill Ghana Limited and Bunge Loders Croklaan Limited, operating within the Tema Export Processing Zone (EPZ) on April 16, 2025. The visit aimed to deepen relations […]