
Moody’s upgrades EBID credit rating, strengthening path to investment grade
The ECOWAS Bank for Investment and Development (EBID) has secured a significant boost to its financial standing as Moody’s Ratings upgraded its long‑term issuer rating from B2 to B1 with a stable outlook.
Published by Juliet Etefe
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Mining
LEASE REVOCATION: Adamus deprives economy GH¢205m in taxes and royalties
The Ministerial Review committee’s findings on Adamus Resources lease Revocation revealed that the company had accumulated GH¢86.78 million in royalty arrears payable to the Minerals Income Investment Fund (MIIF) since 2020.
Aviation
Ghana passport ranks 123rd globally
Ghana’s passport ranks 123rd globally, with holders able to access 72 destinations without obtaining a conventional visa in advance, according to data from Passport Reports, an independent platform covering 199 countries.
Banking & Finance
Bank of Africa appoints Ellis Erasmus Katwebaze as Deputy MD
Bank of Africa Ghana Limited has appointed Mr. Ellis Erasmus Katwebaze as Deputy Managing Director, effective 19th August 2026.
News
Absa supports EUR 456 million financing for Genser Energy’s next phase of growth
Absa has participated as one of the arrangers of a EUR 456 million term and revolving credit facilities package for Genser Energy Investments LLC, a leading integrated energy company in West Africa.
Companies
Thinking beyond risk key to building resilient institutions – Stanbic Bank Executive
Organizations seeking to remain competitive in an increasingly volatile global environment must move beyond traditional approaches to risk management and intentionally build institutions that are resilient by design, Barbara Dede Ama Okai-Tettey, Head of Business Enablement, Business and Commercial Banking at Stanbic Bank LTD, has said.
Features
GoldBod: Are the macroeconomic gains worth the quasi-fiscal costs?
One year on, the Ghana Gold Board has formalised artisanal gold trade and mobilised billions in non debt foreign exchange. But the central bank has also absorbed real trading losses. The case for the programme rests on managing that cost, not denying it.
Agribusiness
Hungary signs agreement with GAfF to strengthen agribusiness cooperation
The Government of Hungary has signed a landmark cooperation agreement with the Governance Africa Foundation (GAfF) to strengthen agricultural development, knowledge transfer and agribusiness cooperation between Hungary and Ghana.
News
GIPA, GUTA outline roadmap to protect informal retail space
The Ghana Investment Promotion Authority (GIPA) and Ghana Union of Traders Association (GUTA) have outlined a collaborative roadmap to safeguard the informal retail sector, which is reserved exclusively for citizens under the GIPA Act, 2026 (Act 1117).

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