Gov’t reiterates strategy to increase stake in extractive industry

Walk through Abossey Okai, Tema and other industrial enclaves in Ghana and you can already see BRICS in Ghana's economy: spare parts and machinery from Guangzhou, pharmaceuticals and vehicles from India, gold flowing out to Dubai.

The Ghana Shippers’ Authority (GSA) and the Bank of Ghana (BoG) have concluded a nationwide sensitisation campaign on the revised Letter of Commitment (LOC) guidelines,

Fidelity Bank Ghana has completed its commitment to build or renovate 15 basic schools in underserved communities across Ghana with the inauguration of newly constructed and renovated facilities at Ogome Anglican Basic School in the Yilo Krobo Municipality.

The 24-Hour Economy and Accelerated Export Development Programme Secretariat has extended the deadline for prospective tenants to submit Expressions of Interest (EOI) for the Legon Pharmaceutical Innovation Park (LePIP) to October 31, 2026, according to a press release issued on October 15, 2026.

The government’s latest push to bring small-scale mining into the formal economy has reached Ahanta West and Mpohor Fiase in the Western Region, with the success of the initiative likely to hinge on whether miners can gain access to legal concessions, operate responsibly and create tangible benefits for their host communities.

The International Monetary Fund (IMF) has praised Ghana’s performance under its Extended Credit Facility (ECF) programme, describing the intervention as a success as it raises the country’s 2026 economic growth forecast to 5.7 percent from 4.6 percent.

Cocoa Capital PLC has listed GH¢3.39billion of commercial paper on the Ghana Fixed Income Market (GFIM), marking a shift in how the Ghana Cocoa Board (COCOBOD) finances cocoa purchases as it seeks to reduce reliance on offshore borrowing.

Ghana’s artisanal fisheries sector has called on government to revoke all offshore gold reconnaissance licences granted to Gold Coast GRC Ghana Ltd. and abandon plans for gold exploration and exploitation in the country’s coastal waters.