Mahama Breaks Ground on $137m Floating Dry Dock at Takoradi Port
President Mahama has cut the sod for a US$137 million floating dry dock at Takoradi Port, a 25-year concession meant to make Ghana a West African ship repair hub.
President Mahama has cut the sod for a US$137 million floating dry dock at Takoradi Port, a 25-year concession meant to make Ghana a West African ship repair hub.
Ghana’s Treasury bill auction on 6 November attracted GH¢5.01bn in bids against a GH¢3.54bn target, with GH¢4.11bn accepted and most of it in 91-day paper.
Government and the Association of Ghana Industries met in Tamale to push for factories, cheaper loans and jobs in the Northern Region as Ghana’s economy stabilises.
Ghana’s fixed income market traded GH¢2.64 billion on 23 October, with DDEP bonds taking 74.5 per cent of turnover while corporate debt barely registered at all.
Lesotho and South Africa replaced Uganda and Senegal among Africa’s ten highest fuel-price markets in October, while the continental average petrol price held at $1.59 a litre.
Cocoa Capital PLC raised GH¢3.395 billion in its first commercial paper at 11 per cent to fund COCOBOD’s 2026/27 cocoa purchases, as bankers urge more local funding.
An IMF commentary says AI could add half a percentage point to annual global growth, but warns poorer countries risk being left behind without power, skills and financing.
Bank of Ghana Governor Johnson Asiama says a new Credit Risk Management Directive is coming after private-sector credit grew 35.5% in August 2026 and lending rates fell.
Fitch Solutions expects the Bank of Ghana to hold its policy rate at 14% through December 2026 before a 200-basis-point hike in 2027, as inflation edges up from record lows.
Treasury bills and DDEP bonds made up nearly 89% of the GH¢1.28 billion traded on Ghana’s Fixed Income Market on 25 September, with corporate debt almost absent.