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Ghana’s classification as high debt distress country is likely to be reviewed after 2028. This was captured in the International Monetary Fund (IMF) Staff Report released after Ghana passed the third review and board approval for…

Despite OPEC+ postponing its planned production increases until 2025, oil prices remain under pressure due to demand uncertainty. In a widely anticipated move, OPEC+ postponed its planned supply increases by another quarter, now…

The John Mahama transition team has challenged President Akufo-Addo's assertion that Ghana had returned to its pre-COVID economic growth trajectory. Speaking on Wednesday, December 11, at the inauguration of the joint transition team,…

Crude oil prices fluctuated today after the Energy Information Administration reported an estimated inventory decline of 1.4 million barrels for the week to December 6. In fuels, however, the EIA estimated sizable builds. The crude oil…

Crude oil production from all OPEC members rose by 104,000 barrels per day (bpd) in November compared to October, the organization’s Monthly Oil Market Report (MOMR) showed on Wednesday. Total OPEC-12 crude oil production averaged 26.66…

Future Global Resources Limited (FGRL) and Blue Gold Holdings Limited (BGHL) have issued an urgent appeal to the government of Ghana over what they describe as the unlawful expropriation of their investments in the Bogoso Prestea Gold Mine.…

Ghana raked in $56.02 million in Foreign Direct Investment (FDI) during the second quarter of 2024, with the manufacturing sector leading the charge. It highlights the country’s growing appeal as a destination for global investors and a…

Ghana’s industrial sector recorded a year-on-year growth rate of 7.6% in the third quarter of 2024. This is according to the latest Index of Industrial Production (IIP) report released by the Ghana Statistical Service (GSS). On a…

The 2024 general elections in Ghana highlighted a blend of political continuity and shifts in voter sentiment across the nation's 16 regions, showcasing significant gains for the National Democratic Congress (NDC). The NDC achieved a…

Ghana’s cocoa sub-sector has recorded a 26% contraction in the third quarter of 2024, marking its fifth consecutive decline. This sharp downturn contrasts starkly with the broader economy, which posted an impressive 7.2% growth during…