ADB targets GH¢1bn profit as falling interest rates drive diversification 

The Bank of Ghana (BoG) is exploring a data-driven approach that could give monetary policymakers faster signals of inflationary pressures, using artificial intelligence (AI) and online prices to estimate changes in consumer costs before official statistics are released.

West African countries have been urged to deepen regional energy trade and strengthen domestic refining capacity to reduce their exposure to global supply disruptions, as energy ministers met in Accra to advance cooperation on electricity and energy security across the sub-region.

Chai Energy, a special purpose vehicle (SPV), is preparing to raise about US$300million, roughly GH¢3.5billion, through an initial public offering (IPO) to acquire equity stakes in two operating independent power producers (IPPs), according to a source close to the deal and a transaction document seen by B&FT.

Construction-sector inflation rose to 5.1 percent in September 2026, driven primarily by surging plant and equipment costs according to Ghana Statistical Service’s (GSS) Prime Building Cost Index (PBCI).

In a landmark milestone for cross-border financial services between Africa and Asia, GCB Bank PLC, Ghana’s largest bank, has partnered with UnionPay International to issue UnionPay debit and prepaid cards.

Atwima Kwanwoma Community Bank PLC (AKCBank) has unveiled a new corporate identity, marking a major milestone after more than four decades of banking to customers and communities in the Ashanti Region.