Azumah Resources Ghana Ltd has categorically rejected media reports alleging that an international arbitration tribunal or a foreign court has ordered the Black Volta Project to be handed over to former foreign investors, describing the publications as false, misleading and a complete misrepresentation of ongoing legal proceedings.
The latest Eurobond repayment by government has strengthened confidence in the country’s commitment to honouring its post-restructuring debt obligations, but investors and analysts say sustained fiscal discipline and continued macroeconomic improvements will determine whether the gains translate into lower borrowing costs and a return to international capital markets.
Government is stepping up efforts to tackle Ghana’s recurring urban flooding by mobilising state institutions, including the Bank of Ghana (BoG), alongside the private sector under a strategy that combines sustained sanitation campaigns with infrastructure investment.
Development Bank Ghana (DBG) has disbursed GH¢2.5billion to about 1,000 businesses across all 16 regions over the past five years - with more than half the beneficiaries being women-led enterprises, the bank’s Chief Executive Officer Prof. Randolph Nsor-Ambala has disclosed.
The banking industry has an unhealthy concentration of bad loans in two sectors of the economy, where it channelled a bulk of its credit in 2025, PricewaterhouseCoopers (PwC) Ghana has revealed, just as the fall in interest rates pares the profit cushion that once absorbed such losses.
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