PIAC escalates US$561m GNPC-Explorco dispute

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, located at Pakyi No2 in the Atwima Kwanwoma District of the Ashanti Region, posted one of its most impressive financial performances in recent years, recording a remarkable 15.25% growth in profit before tax for the 2025 financial year.

On 2–3 November 2026, Accra becomes the meeting point for Africa’s financial future. The Securities and Exchange Commission, Ghana, is convening the Africa Virtual Asset Summit at the Kempinski Hotel Gold Coast City.

Ghana must improve airport operational efficiency, passenger experience and financial sustainability to realise its ambition of becoming a preferred aviation hub in West Africa, Transport Minister Joseph Bukari Nikpe has said.

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.

Tema Oil Refinery (TOR) is targetting an increase in crude-processing throughput to between as much as 55,000 barrels per stream day, with engineers expected to complete the tie-in and commission its F-61 crude heater this month as part of efforts to restore capacity and expand domestic refining.