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Provisional estimates from the Ghana Statistical Service indicates that Ghana’s economy expanded by 3.1% in 2022, 0.6% lower than 3.7% forecast by the government. This is below Ghana’s average Gross Domestic Product (GDP) growth rate of…

The Institute of Economic Affairs has expressed worry about the repetition of past mistakes by governments which has made the Ghanaian economy unstable over the years. According to the economic think tank, the indiscipline in managing…

Demand for batteries in Africa over the next decade is largely expected to both grow significantly and be supported by the continent’s vast renewable energy potential, which includes abundant solar and wind resources. This surge in growth…

Crude oil prices inched lower today, after the U.S. Energy Information Administration reported an inventory draw of 4.6 million barrels for the week to April 14. This compared with a modest build in crude oil inventories for the previous…

Oil prices fell early on Wednesday as the market assessed the latest hints from the Fed that one more rate hike could be coming in early May, which intensified concerns about a material economic slowdown that could weigh on oil demand.…

Europe has boosted imports of refined petroleum products from countries that have raised imports of Russian crude oil, as a major loophole in the sanctions risks undermining the effectiveness of the price cap and embargoes, a report from…

The German government voted on a bill on Wednesday to ban most oil and gas heating boilers in new and oil buildings from 2024 as part of a plan to reduce emissions. The ruling coalition in Germany has decided that nearly all new heating…

STAR Ghana Foundation has committed GH¢348,561 into the development of cashew farming in the Bono Region to enhance production of the tree crop and improve farmers’ incomes and livelihoods. The fund would be channelled into mobilising…

Ghana Cocoa Board (COCOBOD) is expected to capture about 800,000 cocoa farmers in the country under the Cocoa Farmer Pension Scheme. Registering and collection of data is still on-going across all cocoa growing areas to serve as a data…

Mobile money services are growing faster than predicted around the globe, as digital services continue to rise in popularity, according to the GSMA’s annual ‘State of the Industry Report on Mobile Money 2023’. The report, published…