Business Outlook Africa

Author name: Business Outlook Africa

News

GSE to Launch Academy, Investment Readiness Programme to Deepen Market Literacy

The General Manager in charge of Strategy and International Relations at the Ghana Stock Exchange (GSE), Diana Okine, has announced plans to establish an academy offering structured training programmes for various players in the investment space.

Speaking at the 2026 “Ring the Bell” Ceremony for the National Investment Quiz in Accra, Diana Okine explained that the initiative forms part of the exchange’s broader effort to deepen financial literacy and inclusion.

News

NCA Publishes Qualified Applicants for 5G Spectrum Licensing Process

The National Communications Authority (NCA) has approved three telecommunications companies to move to the next stage of Ghana’s 5G spectrum licensing process.

The approval follows the completion of eligibility and technical assessments. The three successful applicants are Scancom Plc (MTN Ghana), Ghana Telecommunications Company Limited (Telecel Ghana), and Goal Telecommunications Ltd.

News

Bank of Ghana Flags 20 Unlicensed Mobile Loan Apps

The Bank of Ghana has flagged 20 mobile loan apps for operating without the requisite licence or authorisation to provide digital credit services in Ghana.

The affected apps are Cascredit, Cash Future, Cash Cedi, Cashpal, Cashpal Pro, CreditGo, Funds Credit, Glow Credit, Moni Wave, MoniLend, Nova Cedi, Onua Loan, Quick Cedi, Sika Boost, Sika Credit, Sompa Loan, Sune Credit, Swift Lend, Target Credit, and Zoom Advance.

Business

“Build Relationships, Not Just Connections — Grey Parrot IO Founder”

Founder of Grey Parrot IO, Papa Kwame Anane, has urged young and upcoming entrepreneurs to master the art of maintaining the right networks, emphasizing that without strong relationships, even the best business ideas will struggle to gain traction.
Speaking on enterprise development and corporate strategy, Anane argued that no business can truly succeed without its founder prioritizing relationship building.

Banking & Finance

“Recovery Not the Destination, Says GSE MD Amoah on Debt Capital Market”

The Managing Director of the Ghana Stock Exchange, Abena Amoah, has stated that Ghana’s debt capital market has made meaningful progress, following improvements in macroeconomic conditions.
She made this statement at the inaugural Debt Capital Markets Conference organised by Fidelity Bank in Accra.

Highlighting the remarkable performance of the GSE, Amoah stated that investor confidence is returning, with improved liquidity in the fixed income and equities markets.

Transportation

TAGG Slams Transport Minister as ‘Incompetent’ Amid Rush-Hour Transport Crisis

The President of the Trade Advocacy Group, Ghana (TAGG), Kwadwo Amoateng, has raised concerns about the country’s struggling transportation sector.

Engaging the press earlier today, Amoateng described this as an issue of great concern, given its impact on traders and ordinary Ghanaians, and called on the government specifically the Ministry of Transport to act swiftly adding that even though the association has submitted proposals to the Ministry of Transportation on the matter, little to nothing has been done to address them.

News

TAGG Warns of Price Hikes from Today, Questions Unexplained Shipping Charge Increase

The President of the Trade Advocacy Group, Ghana (TAGG), Kwadwo Amoateng, has warned that Ghanaian consumers will bear the cost of excessive import duties and shipping charges through higher prices of goods starting September 1, unless government takes action.

Engaging the press earlier today, the President stated that the group will no longer accept excessive and unjustifiable charges being imposed on them.
Amoateng added that ignoring this leaves traders with no choice but to pass on the cost to the ordinary Ghanaian.