Africa’s growth is expected to slow to 4.2 per cent in 2026 as conflict in the Middle East sends energy costs higher, reviving inflation threats, the International Monetary Fund (IMF) has said.
Vice President Professor Naana Jane Opoku-Agyemang has called on the Ministry of Foreign Affairs to play a more strategic role in advancing Ghana’s interests under the African Continental Free Trade Area (AfCFTA).
Three global institutions have announced coordinated measures to stabilise energy markets and support vulnerable countries amid the Middle East conflict.
Government has announced temporary measures aimed at cushioning consumers against rising fuel prices, following increased volatility on the international petroleum market.
The Minister for Energy and Green Transition, John Abdulai Jinapor, has said the government is addressing recent power supply challenges through a broad upgrade programme targeting key parts of the electricity distribution network.
Ghana’s economic recovery has earned strong praise from the World Bank, with senior officials commending both the country’s progress and the leadership of Finance Minister Dr. Cassiel Ato Forson.
Ghana’s economic recovery story took centre stage at the ongoing IMF/World Bank Spring Meetings, as Finance Minister Dr. Cassiel Ato Forson presented the country’s turnaround experience at the 13th African Fiscal Forum’s High-Level Roundtable.
The Nuclear Regulatory Authority (NRA) and the Rwanda Utilities Regulatory Authority have signed a Memorandum of Understanding to strengthen collaboration in the safe and secure regulation of nuclear and radiological facilities and activities for peaceful purposes.
Egg suppliers in Koforidua have joined calls for the government to engage Burkina Faso over a trade suspension that has halted exports for more than two months, creating an oversupply in the domestic market.
The Ghana Grid Company (GRIDCo) has successfully installed and commissioned a new 120/145MVA Siemens Energy power transformer at the Afienya Substation.
The government has directed the Finance and Energy Ministers to remove some taxes and margins on fuel to bring down prices at the pump, with the relief expected to take effect at the next pricing window, approximately one week away.
The International Monetary Fund (IMF) has cautioned central banks against leaving inflation to “spiral out of control” amidst uncertainty surrounding the Middle East war.
The Minister for Fisheries and Aquaculture, Emelia Arthur, has directed Fujian Farms to take immediate corrective action after an inspection uncovered serious violations of operational, environmental, and safety standards.
