Author: Rebecca Eson

Ghana is preparing to raise approximately $1 billion through domestic bond issuances to finance cocoa purchases ahead of the 2026/27 crop season, as authorities seek to restructure the country’s cocoa financing model and reduce dependence on foreign borrowing. According to reports citing sources familiar with the discussions, the planned bond programme forms part of broader efforts to stabilise funding for the cocoa sector following recent market volatility. Ghana, the world’s second-largest cocoa producer, has faced mounting financial pressure after the sharp correction in cocoa prices that followed the commodity’s historic rally in 2024. The volatility exposed vulnerabilities within the country’s…

The Governor of the Bank of Ghana, Johnson Asiama, has called on African countries to move beyond fintech experimentation and focus on scaling regulated digital financial solutions capable of delivering measurable economic impact. Speaking at the Future of Finance Dialogue during the 3i Africa Summit 2026, Dr Asiama said the continent already possesses sufficient ideas, frameworks, and pilot initiatives, but continues to struggle with implementation and scale. According to him, the central challenge facing Africa’s digital finance ecosystem is how to transition innovative concepts from controlled testing environments into fully regulated and commercially viable solutions. He stressed that regulatory sandboxes…

AAK, a global producer of plant-based oils and fats, has begun the disbursement of its annual pre-financing support to women shea collectors under the Kolo Nafaso programme ahead of the 2026 shea harvesting season. The initiative, valued at more than €13 million equivalent to over GH¢170 million is expected to benefit thousands of women across participating communities in Northern Ghana, helping to strengthen household income stability, economic resilience, and community livelihoods. The Kolo Nafaso programme, regarded as one of the world’s largest direct-sourcing initiatives for an agricultural commodity, has expanded significantly in recent months. Membership has risen to approximately 275,000…

The UK-Ghana Chamber of Commerce (UKGCC), in partnership with American Chamber of Commerce Ghana, has hosted a special edition of “Jazz & Jive,” a networking and fundraising event organised to mark International Jazz Day. Held at the Four Points by Sheraton Accra Hotel, the event brought together business executives, diplomats, entrepreneurs, and industry stakeholders for an evening that combined live music, corporate engagement, and philanthropy. Beyond its entertainment value, the gathering served as a platform to strengthen business relationships while supporting a meaningful social cause. Speaking at the event, Adjoba Kyiamah said the latest edition builds on the success of…

Ghana’s construction sector is showing continued signs of easing price pressures, with new data pointing to a sustained slowdown in building cost inflation. The trend is expected to provide cautious optimism for investors, developers, and households planning construction projects. According to the March 2026 Prime Building Cost Index (PBCI) released by the Ghana Statistical Service, year-on-year inflation in building costs declined to 2.2%, down from 2.4% in February. This marks the 11th consecutive month of easing inflation within the sector. On a month-to-month basis, however, costs continued to rise moderately. Building input prices increased by 0.8% between February and March,…

Fresh details have emerged surrounding Ghana’s decision to reject a proposed $109 million health assistance package from the administration of Donald Trump, with concerns reportedly centred on national sovereignty, data protection, legal control, and long-term policy implications. At the heart of the proposal was the “America First Global Health Strategy,” a policy framework aimed at encouraging lower-income nations to gradually reduce dependence on foreign aid while taking greater responsibility for combating diseases such as HIV/AIDS, malaria, tuberculosis, and polio. According to sources familiar with the negotiations, discussions began in November 2025 when the United States chargé d’affaires presented Ghana’s Ministry…

The Vice President of the Paediatric Society of Ghana, Dr Emmanuel Oppong, has urged the government to declare illegal mining, widely known as galamsey, a public health emergency to enable a coordinated national response. Speaking on April 29, Dr Oppong expressed concern over the escalating health risks linked to environmental pollution caused by illegal mining activities. He warned that the absence of an official emergency declaration could limit the country’s ability to mobilise resources and deploy effective response systems. According to him, formal recognition of a public health threat is essential for activating coordinated action across government institutions, health agencies,…

Ernest Nuamah has returned to first-team training with Olympique Lyonnais after spending nearly a year on the sidelines through injury. The Black Stars forward has been out of competitive action since April 2025 after suffering an anterior cruciate ligament (ACL) injury during a league fixture against Lille OSC. Nuamah sustained the setback in the fifth minute of the match following a challenge involving Lille defender Gabriel Gudmundsson, an injury that forced him into a lengthy rehabilitation period. Now fully back with the squad, the 22-year-old received a warm welcome from teammates as training resumed. He returned alongside Malick Fofana and…

Maxwell Kofi Jumah, former Managing Director of GIHOC Distilleries Company Limited, has reportedly been arrested by the Economic and Organised Crime Office as part of an ongoing investigation. The arrest follows a raid on his private residence in Kumasi last week. According to sources familiar with the matter, Jumah was taken into custody on Tuesday, April 28, and remains with the investigative agency. Insiders indicate that the arrest forms part of a broader probe into alleged breaches of public financial management procedures. Investigators are said to be examining how certain official resources were managed during his tenure at GIHOC Distilleries.…

The National Vice Chairman of the National Democratic Congress (NDC), Chief Sofo Azorka, has dismissed claims that the party’s ongoing ‘Thank You Tour’ is being used as a platform to position the National Chairman, Johnson Asiedu Nketia, for a future flagbearer role. Addressing party supporters in Wa, Chief Azorka stressed that the tour is not a vehicle for personal ambition but rather a fulfilment of the party’s post-election engagement strategy. He explained that the initiative is aimed at expressing gratitude to the NDC’s grassroots base for their support in the 2024 general elections, while also reaffirming the party’s commitment to…