New  cedi notes to enter circulation Dec  1 – BoG

Managing Director of Ecobank Ghana, Abena Osei-Poku, has urged business owners to take advantage of improving economic conditions to access bank financing, saying declining interest rates and relative exchange rate stability are creating a more favourable environment for borrowing and business expansion.

The country's ambition to become a competitive industrial and investment hub will increasingly depend on its ability to deliver reliable, affordable and sustainable electricity, as emerging industries such as artificial intelligence (AI), data centres, electric mobility and advanced manufacturing create new demands on its power infrastructure, the Volta River Authority (VRA) has said.

The Bank of Ghana (BoG) will introduce a redesigned series of Ghana cedi banknotes into circulation from December 1, 2026, incorporating enhanced security features, improved durability and smaller sizes as the central bank seeks to modernise currency management and strengthen public confidence in the national currency.

Project Shiprite, a US$137 million ship repair and maintenance facility at the Port of Takoradi, has reached financial close, with construction expected to be completed within 18 months to boost maritime trade.

The government will lower its primary surplus target from 1.5 percent to 0.5 percent of Gross Domestic Product (GDP). The aim is to finance a US$10 billion, four-year economic transformation programme branded the New Economy, Finance Minister Dr Cassiel Ato Forson announced on Thursday. 

Telecel Mobile Financial Services has introduced the Telecel Cash E-Wallet and Telecel Shop, bringing shopping, payments and digital financial services together in the Telecel Play App.