BoG to tighten credit risk rules

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.

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.

Ghana Bauxite Company Limited (GBC) has signed a financing mandate with Ecobank Ghana PLC for proposed facilities of up to US$250 million to expand and modernise its mining operations at Awaso, in a move expected to strengthen production capacity and support Ghana's ambition to process more of its bauxite locally.

The Ghana Association of Banks (GAB) has raised concerns over the low recovery rate of funds lost to fraud across the country’s banks and specialised deposit-taking institutions (SDIs) - estimated at only about 5 percent - and called for stronger intelligence-sharing among financial service providers.

Ghana must strengthen its capacity to mobilize domestic capital to finance economic growth and reduce its exposure to external financial shocks,

MTN Group President and CEO, Ralph Mupita, has reinforced MTN's commitment to supporting Ghana's digital infrastructure and digital sovereignty.

The Parliamentary Select Committee on Energy and Mines has commended First Sky Limited for completing a 50-megawatt peak (MWp) solar power plant at Galgu in the Yendi Municipality of the Northern Region,

Agricultural Development Bank (ADB) PLC has recorded strong financial performance for the nine months ended September 30, 2026, posting a profit before tax (PBT) of GH¢478.5 million, up from GH¢447.5 million in the corresponding period of 2025.