Fred Avornyo
IFC Backs Ghana’s $1 Billion Solar Energy Project
The World Bank’s International Finance Corporation (IFC) is supporting a $1 billion solar energy project by Ghanaian conglomerate LMI Holdings,…
Spread Between Savings and Lending Rates Exceedingly Wide – BoG Data
The gap between the interest rates banks offer on customer deposits and the rates they charge for lending remains notably…
GhanaPay Crowdfunding: Ideal for Alumni and Group Fundraising Activities, Says GhIPSS
Pooling resources for various campaigns has become significantly easier with the introduction of the GhanaPay Crowdfunding feature. This mobile phone…
Government Falls Short of Treasury Bill Target Despite Slight Interest Rate Increase
The government fell short of its GH¢4.78 billion target at the latest treasury bill auction on Friday, raising only GH¢4.06…
Government to Make Third Coupon Payment of GH₵6.1 Billion in August 2024
The Ghanaian government is set to make its third coupon payment of GH₵6.1 billion in August 2024. This follows two…
Consumer and Business Confidence Decline Amid Economic Challenges-BoG
Consumer and business confidence in the Ghanaian economy has declined, according to the latest confidence surveys. These surveys indicated a…
Half-Year Cocoa Export Earnings Declines by 47.4%, While Gold and Oil Bolster Earnings
Revenue from cocoa exports continued to decline in the first half of 2024, with earnings falling by 47.4% to $760.0…
Minister of State Appeals for Expanded IFC Funding for Solar Projects in Ghana
Mr. Herbert Krapa, Minister of State at the Ministry of Energy, has called on the International Finance Corporation (IFC), a…
Corporate Demand for Dollar Causes Renewed Cedi Depreciation
Increased demand for the dollar by corporate institutions has led to a renewed depreciation of the cedi. According to the…
MPC Concludes Regular Meeting Today
The Monetary Policy Committee (MPC) of the Bank of Ghana will conclude its regular meeting today, July 26. The meeting,…
Half-Year Mobile Money Transactions Hit over GH¢1.2 Trillion
The total value of Mobile Money (MoMo) transactions in Ghana between January and June 2024 reached approximately GH¢1.2 trillion Ghana…
Ghana’s Gross International Reserves Rise to 3.1 Months of Import Cover
Ghana's Gross International Reserves at the end of June, increased to cover 3.1 months of imports, according to the latest…
Appeal to Absconded Athletes to Surrender for Lesser Sentences – Amanda Clinton to Govt
Lawyer Amanda Clinton has advised the government to appeal to absconded Oslo Para athletes to come back home and face…
GhanaPay Sponsored Wallet Provides Controlled Spending Solution for Parents and others-GhIPSS
Parents and individuals looking to provide financial support in a controlled manner can now benefit from the new GhanaPay mobile…
Government Revises Growth Rate up to 3.1%
The government has adjusted its economic growth target to 3.1%, up from the initial 2.8%, following the successful debt restructuring…