Downstream petroleum industry value hits GHȼ71bn

Ghana’s economic recovery is gaining momentum, but sustaining the stronger growth trajectory will depend on deeper structural reforms, industrialisation and export diversification, according to Deloitte’s analysis of the 2026 Mid-Year Budget Statement.

Business confidence remained robust in the second quarter of 2026, with the Association of Ghana Industries (AGI) Business Barometer recording an index of 108.7 despite persistent cost pressures and challenges confronting the real sector.

Absa Bank Ghana, in partnership with Impact Food Hub, has concluded the Agribusiness Launchpad and Accelerator Programme 2.0,

Ghana’s economic growth slowed to 5.1 percent year-on-year in May 2026, as a sharp moderation in agriculture offset continued strength in services and industry's modest expansion.

The Chief Executive Officer (CEO) of Development Bank Ghana (DBG), Prof. Randolph Nsor-Ambala, has indicated DBG is designing a bespoke financing toolkit for the oil palm industry that will cater to the requirements of individual value chain actors.

Over the last 21 years, merchandise trade expanded nearly nine-fold in dollar terms, rising from US$6billion in 2004 to US$52.5billion for 2025 as stronger exports pushed the country to its largest trade surplus on record.

Government needs to rethink the country’s tax regime for small-scale gold mining to capture more fiscal revenue from a sector that is rapidly expanding its contribution to gold exports, the Institute for Fiscal Studies (IFS) has said.

In a bid to channel diaspora remittances into longer-term savings and productive investments, the Bank of Ghana (BoG) has urged banks to develop dedicated investment products for Ghanaians living abroad, describing the market as largely untapped.