Ghana is on track to exit the International Monetary Fund’s (IMF) US$3 billion Extended Credit Facility (ECF) programme ahead of schedule, following strong economic recovery and improved fiscal performance, according …
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AfricaEconomyFinanceGhanaMonetary Policy
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Eastern AfricaEconomyFinanceForex TradingSouth AfricaSouthern AfricaWestern Africa
African Currencies Outlook: Uganda’s Shilling to Gain, Others Seen Stable
The currencies of several African countries are expected to remain stable in the coming week, with Uganda’s shilling projected to strengthen slightly against the United States dollar, according to traders. …
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African Currencies Show Mixed Outlook as Ghana’s Cedi Faces More Pressure
African currencies are set for a mixed performance in the coming week, with Ghana’s cedi expected to weaken further against the dollar, while the shilling in Kenya, the naira in …
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AfricaCentral BankingCurrencyEconomyFinanceMining
Africa’s Central Banks Boost Gold Holdings for Stability
Central banks across sub-Saharan Africa are ramping up gold purchases in a bid to protect their economies from global financial instability and rising geopolitical tensions. Ghana is leading this shift, …
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EconomyGhanaPoliciesWestern Africa
Ghana Inflation Drops to 18.4% in May 2025, Lowest in Over Three Years
Ghana’s inflation rate has continued to fall for the fifth month in a row, with the latest figure standing at 18.4 percent in May 2025. This is the lowest level …
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Central AfricaEconomyGhanaPoliciesWestern Africa
Ghana’s Cedi Becomes West Africa’s Strongest Currency in 2025
Ghana’s national currency, the cedi, has made a strong comeback in 2025, emerging as the best-performing currency in West Africa and gaining recognition globally. This improvement in the cedi’s value …
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Ghana’s Cedi Strengthens as Nigeria’s Naira Holds Steady; Uganda and Zambia Currencies Show Mixed Trends
The Ghanaian cedi is expected to continue its upward trend in the coming week, buoyed by sustained support from the Bank of Ghana and increased foreign currency inflows. As of …
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Ghana Cedi ranked worst performing currency worldwide after Rupee
The latest report on currency performance by Bloomberg has tagged the Ghana Cedi as the worst performing currency in the world after Sri Lanka’s Rupee. The Ghana cedi has depreciated …
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Ghana domestic airlines increase ticket prices
Prices of local airline tickets in Ghana have shot up by between 15 and 20 percent, prompting recession fears among local operators following “a gradual drop” in patronage. The new …