Business Outlook Africa

Head of the Currency Management Department at the Bank of Ghana, Dominic Owusu, has stated that the upcoming Heritage Series banknotes, set to launch on November 3, have been designed with improved tactile features to make the currency more inclusive and accessible to persons with disabilities. Speaking during an engagement with the Federation of Disability Organisations, Owusu said the Bank gave due consideration to the needs of persons with disabilities in developing the new notes, ensuring their needs are reflected in the design.

The Ghana Investment Promotion Authority (GIPA) has engaged Societe Generale Ghana Plc on the planned transition of its Ghana operations to Attijariwafa Bank, and on opportunities to deepen investment ties between Ghana and Morocco. The engagement follows an earlier announcement by Societe Generale Group that it had reached an agreement with Attijariwafa Bank and the Social Security and National Insurance Trust (SSNIT) to divest its entire 60.22% stake in its Ghanaian subsidiary.

Societe Generale Group has announced that it has reached an agreement with Attijariwafa Bank and SSNIT to sell its entire stake in its subsidiary, Societe Generale Ghana. In a statement released by the bank on Thursday, October 1, 2026, the Ghanaian subsidiary explained that the Group will sell 55.22% of its 60.22% stake in the bank to Attijariwafa Bank, and a further 5% to the Social Security and National Insurance Trust (SSNIT).

Fidelity Bank has launched its 20th anniversary celebrations, symbolising the Bank's impact in Ghana's financial space and other sectors.

Afrobarometer has revealed in its latest report that fewer than four in ten Africans view Russia’s economic and political influence in their …

The Executive Board of the International Monetary Fund (IMF) completed the seventh and final review of Benin’s Extended Fund Facility (EFF) and …

The World Bank Group has released the 2026 edition of its Women, Business and the Law report, highlighting reforms implemented between October …

Ghana has maintained its position as the world’s leading country in mobile money regulation, according to the GSMA Mobile Money Regulatory Index …

Petrol and diesel prices are expected to fall marginally at the pumps from Friday, October 16, 2026, while liquefied petroleum gas (LPG) could see an 18.5% increase per kilogram. This is according to the Chamber of Oil Marketing Companies’ pricing outlook for the next pricing window.

The Chief Executive Officer of the Chamber of Oil Marketing Companies (COMAC), Dr. Riverson Oppong, has raised concerns over global fuel supply …

StarOil Plc has announced that it does not plan to increase its prices for the current pricing window. In a Facebook post earlier today, StarOil Chief Executive Officer Philip Kwame Tieku explained that the move is aimed at cushioning petroleum consumers.

Puma Energy Ghana has announced a partnership with five local LPG distributors, aimed at advancing the country’s objective of making LPG more …

BOST Energies Limited Company (BOSTenergies) has recorded a remarkable financial and operational growth for the financial year ending 2025, with revenue, profit, assets and shareholders equity showing impressive growth, with the company also paying its first-ever dividend to the Government of Ghana

The Ghana Grid Company (GRIDCo) has announced that its national power system experienced a major fault on the Akosombo-Volta transmission line, causing power outages across some parts of the country.

The Ghana Grid Company LTD. (GRIDCo) has announced a power system disruption in its National Interconnected Transmission System leading to widespread interruption of its electricity supply on Wednesday 29th July 2026.

The Chairman of Parliament's Food, Agriculture and Cocoa Affairs Committee, Dr. Godfred Seidu Jasaw, has commended the National Food Buffer Stock Company (NAFCO) for its financial turnaround, moving from a GH¢20 million debt position to over GH¢96 million in profit in the 2025 financial year. Speaking during a working visit to NAFCO's regional office in Kumasi, Dr. Jasaw praised the company's efforts to strengthen its operations and provide logistics for its regional offices.

COCOBOD is seeking to raise about $1.4 billion which is roughly GH¢16.3 billion from the domestic debt market, through a newly created vehicle, Cocoa Capital PLC, to finance cocoa purchases for the 2026/2027 crop season. The move marks a shift from COCOBOD's traditional reliance on international borrowing, with the Board citing the relative stability of the cedi and lower interest rates as key drivers.

Cocobod has engaged its international trading partners ahead of the new cocoa season. Led by Chief Executive Officer Dr. Ransford Abbey and his Deputy in charge of Finance & Administration, Mr. Ato Boateng, Cocobod's delegation met with representatives of major international cocoa trading and processing companies with longstanding commercial relationships with Ghana's cocoa sector.

The Ghana Cocoa Board (COCOBOD) has reported that it has settled its statutory payment commitments to bond holders impacted by the Domestic Debt Exchange Programme (DDEP) for the year 2026. COCOBOD in a statement, said that a total of GH¢2,682,582,282.18 has been settled, including GH¢2,306,202,372.09 in principal and a settled coupon amount of GH¢376,325,910.09.

Ghana’s High Commissioner to Namibia and Botswana, Abdul-Rahman Harruna Attah,has called for a fundamental reorientation of how capital is deployed across the …

The Executive Board of the International Monetary Fund (IMF) has completed the final sixth and seventh reviews under the Extended Credit Facility …

Ghana’s High Commissioner to Namibia and Botswana, Abdul-Rahman Haruna Attah,has called for the youth to take center stage in continent’s affairs and …

Ghana’s High Commissioner to Namibia and Botswana, Abdul-Rahman Harruna Attah,has labeled the recent xenophobia attacks in South Africa “as a lack of …

The World Bank Group has approved US$225 million in financing for the Integrated Urban Development and Resilience Project for Jobs (PRODUIRE2), aimed …