The Ministry of Environment, Science & Technology (MEST) has issued a cautionary statement that Ghana risks losing the full benefits of its science, technology and innovation (STI) ecosystem unless bold and sustainable financing models are implemented. The call came during the Building Effective States & Transformation (BEST) Forum held in Accra. Over recent years Ghana has made strides in research […]
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Ghana Reinsurance (Ghana Re) is currently fully state‑owned. In a broader push to deepen capital markets and crowd in private investment, the government is considering partial privatization of several public enterprises. Announcement & rationale At its 22nd Annual General Meeting in Accra, the Director General of SIGA (State Interests and Governance Authority) disclosed that Ghana Re will be listed on […]
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Ghana has reached a staff‑level agreement with the International Monetary Fund (IMF) on the fifth review of its $3bn Extended Credit Facility. If the IMF Executive Board approves the review, Ghana would receive about $385 million in the next tranche to support the budget and reserves. The IMF cited easing inflation and policy progress, while noting ongoing reforms around foreign‑exchange […]
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The 14th edition of the Africa Fintech Summit (AFTS) will convene 8–10 October 2025 at the Accra International Conference Centre (AICC). The summit is a key fixture that brings together fintech leaders, regulators, investors, policy makers, and entrepreneurs from across the continent to deliberate on the next frontiers for digital finance. Key themes & participants Highlighted sessions include: Speakers include […]
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Ghana’s annual inflation cooled to 9.4% in September 2025, the first single‑digit reading in four years and the ninth monthly decline on the trot, according to the Ghana Statistical Service (GSS). The drop was led by easing food prices and follows the Bank of Ghana’s (BoG) record 350 bps rate cut to 21.5% on September 17. Officials say inflation is […]
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Ghana has raised the 2025/26 farm-gate cocoa price by GH₵400 to GH₵3,625 per 64kg bag, effective Friday, October 3. Officials said the mid-season uplift responds to world-market tightness and Ivory Coast’s recent move. At season start, farmers earned GH₵3,225 per bag. Why it matters What to watch next – Source: raylizaghana.com
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IMF’s 5th review opened in Accra as the cedi hovers near GH₵12.41/$ and BoG’s 21.5% policy rate meets cooling inflation.
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An IMF staff mission arrives in Accra on Monday, September 29 for Ghana’s 5th programme review under the $3bn ECF. The review—covering performance through June 2025—will examine fiscal targets, external buffers and arrears clearance and is the penultimate check before the programme ends in May 2026. The visit follows July’s board completion of the 4th review and another disbursement, while […]
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The Bank of Ghana (BoG) has cut its benchmark policy rate by a record 350 basis points, lowering it from 25% to 21.5%, as the country continues to experience a sharp decline in inflation. This is the second consecutive major reduction this year, following a 300-basis-point cut in July. Why the Rate Cut? The central bank’s Monetary Policy Committee (MPC) […]
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The move, which takes effect on September 18, 2025, is aimed at tightening compliance within the financial ecosystem and safeguarding the country’s foreign exchange market. The Bank of Ghana has announced the suspension of several money transfer operators (MTOs) and payment service providers (PSPs) for breaching regulatory guidelines on inward remittance services. The move, which takes effect on September 18, 2025, […]
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