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May 26, 2025

BoG: Private Sector Lending Hits GHS92.2bn Despite Slowdown

Accra: Private sector loans by Ghanaian banks increased to GHS92.2 billion in April 2025, up from GHS77.9 billion in April 2024, according to a Bank of Ghana report.

According to Ghana News Agency, despite the GHS14.3 billion increase, the annual pr…

Ghana’s Mobile Money Transactions Hit Record GHS365bn in April

Accra: Mobile money transactions in Ghana reached a record GHS365 billion in April 2025, representing an 80 percent increase from GHS203 billion in April 2024.

According to Ghana News Agency, this significant rise underscores the expanding adoption…

PwC: U.S. Remittance Tax Could Trigger Ghana Inflows

Accra: Ghana could see a surge in remittance flow before the United States implements its five per cent excise tax on remittance transfers in January 2026, according to PricewaterhouseCoopers (PwC).

According to Ghana News Agency, PwC suggests that …

NEWIG Empowers 69 Women with Soap-Making Skills in Tamale

Accra: A total of 69 women, including eleven persons with disabilities, have successfully completed a training program in soap-making aimed at enhancing their livelihoods and economic independence. They were trained in the production of liquid soap, b…

Mahama Outlines Eight Key Pillars to Reset Ghana’s Economy

Accra: President John Dramani Mahama on Monday outlined eight key pillars that the Government has envisioned to reset Ghana’s economy. He expressed optimism that Ghana has the potential to recover by learning from past mistakes and innovating for the …

Food Prices Remain High in Takoradi Despite Cedi Appreciation

Takoradi: Prices of basic commodities remain high on the market in the Central Business District in Takoradi despite the recent gains made by the cedi against the major international currencies.

According to Ghana News Agency, during a market surve…

AfDB Achieves Historic Capital Increase to $318 Billion by 2025

Abidjan: The African Development Bank (AfDB) has achieved the largest capital increase in its history, raising its capital from $93 billion in 2015 to $318 billion in 2025. Dr. Akinwumi A. Adesina, President and Chairman of the Boards of Directors of …