ALL POSTS FILED UNDER: GHANA
IMF approves $600m for Ghana
Add a CommentIt has emerged that the Government of Ghana has gotten the green light on the term agreement from the Official Creditor Committee, to pave the way for the IMF Executive Board to release the second tranche of the $3 billion … Read more →
Inflation in Ghana drops to 26.4% in November
Add a CommentFor the fourth consecutive month, Ghana has experienced a declining inflation rate, reaching 26.4% in November – an 8.8-percentage-point decrease from the 35.2% recorded in October 2023. This month-on-month reduction of 8.8% represents the most significant drop recorded in Ghana … Read more →
Ghana will not export lithium in raw state – Lands Minister insists
Add a CommentThe Minister of Lands and Natural Resources, Samuel Abu Jinapor has insisted that Ghana will not allow the export of lithium in its raw state. The minister’s explanation follows the mining lease granted to Barari DV Ltd, a subsidiary of … Read more →
Germany agrees €145.9m for Ghana
Add a CommentGhana and Germany have concluded bilateral talks, agreeing on €145.9 million (US$158 million) in climate and energy aid, good governance, and long-term economic development. The new aid package was finalised last week in Berlin, amid high-level discussions between Ghanaian and … Read more →
Corruption is holding Ghana back – UK High Commissioner
Add a CommentThe UK High Commissioner to Ghana, Harriet Thomson, has expressed concerns about significant levels of corruption in Ghana, emphasizing its impact on the nation’s progress. During a media interaction at the 75th birthday celebration of King Charles III at her … Read more →
Ghana to produce anti-snake venom locally
Add a CommentThe country is set to produce anti-snake venom locally to save the lives of people who are bitten by snakes, sometimes leading to deaths due to the lack of life- saving Serums. A memorandum of understanding (MoU) has been signed … Read more →
IMF: Ghana has fulfilled obligations, awaiting creditor action on debt restructuring
Add a CommentThe Director of the African Department at the International Monetary Fund (IMF), Abebe Aemro Selassie, has confirmed that Ghana has taken the required steps to secure the long-awaited financing assurance from its external creditors. He added that the IMF is … Read more →
E.T. Mensah’s remains back in Ghana from South Africa
Add a CommentThe remains of the late former Member of Parliament for the Ningo-Prampram constituency, E.T. Mensah has been received in Ghana from South Africa. It was conveyed to the morgue after a brief ceremony. Council of State member and former Member … Read more →
Ghana’s 3% economic growth an indication of a resilient economy – IMF Mission Chief
Add a CommentStéphane Roudet, the International Monetary Fund’s (IMF) Mission Chief for Ghana, has lauded Ghana’s economic growth. In an interview on The Point of View on Citi TV, Mr. Roudet intimated that Ghana’s quick economic recovery is surprising and also encouraging, as the country … Read more →
Ghana places 2nd in Africa with 100% mobile money services growth – Oxford Economics Africa Report
Add a CommentGhana placed second behind Côte d’Ivoire in Africa in terms of growth of mobile money services, the 2023 Oxford Economics Africa’s Report titled “The Africa Risk-Reward Index”. The report is coming despite the existence of the Electronic Transfer Levy. According … Read more →
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