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The oil-producing nations in Africa have raised 45% of the initial $5-billion seed capital for the planned Africa Energy Bank (AEB), which is set to fund oil projects on the continent amid a crunch in financing on the international markets.…

Benchmark crude oil prices surged well over 4% on Thursday on fears of an Israeli strike that could target Iran’s oil and gas infrastructure, with Washington attempting to put the brakes on exploding oil prices with assurances that there…

The Ghanaian Diaspora Union in Europe (2GDUE), has asked all presidential candidates to come clear on their promises to reduce charges at the country’s ports to reduce the cost of doing business.  The Union said it would track and hold…

Ghana’s economy will expand by 4.4% in 2025, lower than the anticipated 5.5% Gross Domestic Product growth in 2024. According to Fitch Solutions, although this represents a deceleration compared to 2024, it will remain above the 3.6% it…

The Government Statistician Professor Samuel Kobina Annim has asked government to address shifts in food supply and agricultural labour due to climate change effects. He made the call after food inflation increased to 22.1 percent in…

The Bank of Ghana will auction $120 million to Bulk Oil Distribution Companies (BDCs) in the fourth quarter of 2024. This is the same amount it sold to the BDCs in the second and third quarters respectively. According to its Forex…

Emirates has announced several appointments across its commercial team in the Middle East and Africa, including the appointment of Saood Al Aqili as the new Country Manager for Ghana. Adnan Kazim, Emirates’ Chief Commercial Officer,…

The Association of Ghana Industries (AGI) has raised concerns that the escalating cost of production in Ghana may drive more businesses to relocate to neighbouring countries. This follows the recent 3.02% increase in electricity tariffs…

Activities in the secondary bond market declined by 20.48%, falling from GH¢908 million to GH¢722 million. The February 2027 maturities dominated trading, capturing 47.2% of total volume with an average yield to maturity (YTM) of 24.13%.…

The Coalition of Domestic Election Observers (CODEO) has announced the deployment of 100 Long-Term Observers (LTOs) throughout all 16 regions of the country. These observers will monitor the pre-election environment from…