BETAStanbic Bank Ghana is combining debt, equity and development finance partnerships to support Africa’s pharmaceutical sector, as it seeks to address funding gaps and unlock long-term capital for biomanufacturing. A Senior Vice President at the bank, Hakeem Shaibu, said the approach was necessary because of the capital-intensive nature of the industry and the need for patient financing structures that reduce risk while ensuring sustainability. Speaking at the West Africa Biomanufacturing and Marke
Stanbic Bank Ghana, in partnership with PrymeAds, has launched a digital skill training programme for small and medium-sized enterprises (SMEs) to help them remain competitive and expand their market reach in an increasingly digital economy. The initiative, delivered through the Stanbic Business Incubator, was designed to equip entrepreneurs with practical skills in digital marketing, content creation, direct marketing and data analytics, in response to growing demand from businesses seeking to
Universal Merchant Bank has appointed Noble Eduamah as Group Head of Corporate Banking, in a move aimed at strengthening its leadership bench and accelerating growth in its corporate banking division. The bank said the appointment forms part of a broader strategy to deepen its corporate banking franchise while enhancing customer experience and relationship management across key sectors of the economy. Mr Eduamah joins UMB with more than two decades of experience in the financial services industr
THE government could return more than GH¢1 per litre to fuel consumers if proposed tax cuts are implemented, according to the Executive Secretary of the Chamber of Petroleum Consumers (COPEC), Duncan Amoah, as authorities move to cushion households from rising global oil prices. The government has indicated that it will scale down several petroleum levies following a Cabinet directive to ease pressure at the pumps. The most immediate adjustment, Mr Amoah said, will be on the energy sector shortf
The government’s decision to introduce measures to cushion consumers from rising fuel prices reflects the growing pressure on households and businesses. With global crude oil prices trending upward, the impact on local pump prices has been swift, affecting transport costs, food prices and overall inflation. The removal of selected taxes and margins on petroleum products, alongside interventions in public transport, signals an attempt to ease that burden. In the short term, these measures are wel
The Chief Executive Officer (CEO) of MobileMoney(MoMo) Fintech Limited, Shaibu Haruna, has called for a faster shift to app-based financial services and stronger industry collaboration to tackle fraud, saying the move was needed to improve customer experience and strengthen digital payments. Speaking at the Fintech Partners Exchange Dialogue in Accra, he said the current structure limited the full benefits of digital finance and exposed the system to growing risks. He said the industry needed to
The Ghana Stock Exchange (GSE) kicked off the trading week on a positive note, with the GSE Composite Index (GSE-CI) adding 6.38 points to close at 13,155.48, as investors returned to select counters with renewed vigour. Trading data for the 7,189th session, held on April 13, 2026, showed sustained buying interest across multiple sectors, with the GSE Financial Stocks Index (GSE-FSI) climbing 3.41 points to settle at 7,949.78. Market capitalisation expanded to GH¢248.26 billion, up from Friday's
The Ghana Union of Traders’ Associations (Ghana Union of Traders’ Associations) has suspended its planned nationwide trade action against the Publican AI system following a high-level meeting with stakeholders in Accra. The Ghana Shippers’ Authority (Ghana Shippers’ Authority) announced the decision after discussions held at the Ghana Shippers’ House on Monday, April 13, 2026, involving GUTA leaders, freight forwarders’ associations, and government representatives.
The Board of Governors of the ECOWAS Bank for Investment and Development has concluded its 24th Annual General Meeting in Accra with a firm commitment to deploy significant incremental investments across West Africa over the next five years, underpinned by a new strategic plan designed to deepen regional economic integration. The meeting, held on April 8, 2026, brought together Ministers of Finance, and in some cases Ministers of Planning and Development, from the fifteen West African member sta
The Chief Executive Officer of the Ghana Shippers’ Authority, Ransford Gyampo, has announced that his office will engage in a key meeting with the leadership of the Joint Association of Port Transport Drivers (JAPTU) at 12pm on Monday, April 13.
The Ninani Group has launched the D.A. Twum Jnr. Fellowship alongside a new industry guide, ‘The Rules of the Marketing Communications Executive’. The initiative is part of efforts to address declining talent quality in Ghana’s marketing communications sector. The programme, unveiled at a ceremony marking 20 years since the passing of renowned creative leader and […]
The Board of Governors of the ECOWAS Bank for Investment and Development (EBID) has announced an aggressive new investment agenda for West Africa, alongside the unveiling of its 2026–2030 Growth, Resilience and Optimisation (GRO) Strategy, at the close of its 24th Annual General Meeting (AGM) in Accra.
The Chief Executive Officer of MobileMoney Limited, Shaibu Haruna, says the company’s separation from MTN Ghana is more than a regulatory requirement it is a major opportunity to drive innovation at scale and expand financial services for millions of Ghanaians.
Oyster Agribusiness has intensified its push to strengthen Ghana’s agricultural value chain, honouring more than 40 farmers at its 2026 Farmers’ Durbar while outlining plans to expand production, diversify into new sectors and deepen value addition. The event, held in Kintampo in the Bono East Region, brought together over 650 farmers, development partners, traditional authorities and municipal officials to celebrate the contribution of smallholder farmers to food security and economic growth. T
Investor appetite for government debt weakened further at the latest Treasury bill auction, with the government missing its GH¢7.57 billion target by nearly 30 per cent, despite offering competitive interest rates across all three tenors. According to the results of Tender 2002 released by the Bank of Ghana, total bids received amounted to GH¢5.3 billion, falling short of the target by approximately GH¢2.45 billion. Of the amount tendered, GH¢5.11 billion was accepted. The 91-day bill remained t
Over the course of the week, the delegation will participate in a series of high-profile engagements, including bilateral discussions with senior IMF and World Bank management, investor briefings, ministerial meetings, and the sovereign debt roundtab
Again, the worsening terms of trade and the potential for reduced foreign investor appetite could pressure some currencies. However, Morocco, Tunisia, WAEMU and the Economic and Monetary Community of Central Africa (CEMAC) have managed exchange rates that reduce depreciation risks.
Star Oil has recorded the highest growth in petroleum product sales, consolidating its position as the market leader in Ghana’s oil marketing industry for 2025.
Total petroleum product consumption in Ghana reached 17.5 billion litres in 2025. This represents a 15.29% increase over the 6.46 billion litres recorded in 2024.
Total petroleum product consumption in Ghana reached 7.45 billion litres in 2025. This represents a 15.29% increase over the 6.46 billion litres recorded in 2024.