
GCB Bank,UnionPay International to launch RMB UnionPay cards
…to Support surging China-Ghana trade
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.
Published by Juliet Etefe
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Banking & Finance
Atwima Kwanwoma Community Bank unveils new corporate identity
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.
Business and Markets
Chai Energy eyes US$300m IPO
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.
Business
Equipment costs offset labour relief in construction sector
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).
Atwima Kwanwoma Community Bank records impressive growth
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.
Africa Virtual Asset Summit (AVAS) 2026: The Accra Declaration: Africa’s blueprint for trusted tokenization
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.
Aviation
Airport service efficiency critical to gov’t aviation hub ambitions — Transport Minister
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.
Oil and Gas
TOR targets 55,000 barrels a day
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.
Mining
Gold Fields' US$4.26bn local spend puts mining value retention in focus
Gold Fields Ghana Limited has spent US$4.26 billion on goods and services over five years, including US$2.59 billion in its host communities, putting the spotlight on how mining procurement can translate into lasting economic opportunities for local businesses.


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