An economic analyst attributed the recent appreciation of the Ghanaian cedi to increased dollar inflows from unprecedented gold exports; an occurrence which got restored confidence in the economy due to prudent fiscal and monetary measures. According to the analyst, the cedi’s strength was not primarily due to gold reserve accumulation, which only increased by 1...

The Government of Ghana, through the Ghana National Gas Company Limited, is preparing to embark on the construction of a second gas processing facility, referred to as GPP2. This development was revealed by the Minister of Energy and Green Transition, John Abdulai Jinapor, during the Africa Energy Forum held in conjunction with the 2025 Offshore...

On May 8, 2025, Ghana’s national currency, the cedi, experienced a slight appreciation against several key international currencies, reflecting a sense of cautious optimism regarding the nation’s economic prospects. The Bank of Ghana reported the following interbank exchange rates: These rates serve as a standard for foreign exchange dealings within the country. However, it is...