Also known as: Absa Group CEO · South African bank Absa
Absa Group — South African banking group offering corporate financing and regional services in Ghana; CEO Kenny Fihla visited in April 2026 to reaffirm commitment to regional growth and financial inclusion.
… The Absa-sponsored programme made its global debut on October 5, 2026, on the BBC News channel, with accompanying coverage on BBC.com and social media. …
… The Second Deputy Governor of the BoG, Mrs Matilda Asante-Asiedu, gave the assurance at the inauguration of the new Absa Bank Ghana Limited head office, Absa Place, in Accra last Thursday. …
Absa Bank Ghana has commissioned its new state-of-the-art head office in Accra, marking a major investment in its operations and signalling the bank’s commitment to its long-term growth in Ghana’s financial services sector. …
Absa has participated as one of the arrangers of a €456 million term and revolving credit facilities package for Genser Energy Investments LLC, a leading integrated energy company in West Africa. …
South Africa’s major banks (Standard Bank, Absa and First National Bank) and their bank holding companies (BHCs) are well positioned to weather spillovers from the US-Iran war, reflecting their strong franchises and diversification, healthy profitability, and sound capital and li …
BBC Studios and BBC News have launched Africa Enterprise, a new business programme examining companies, entrepreneurs and investment opportunities shaping Africa's economy. The Absa-sponsored series, presented by journalist Nancy Kacungira, debuted on October 5, 2026, and will explore entrepreneurship, agriculture, mining, infrastructure and other sectors.
BBC Studios and BBC News have launched Africa Enterprise, a new business programme examining companies, entrepreneurs and investment opportunities shaping Africa's economy. The Absa-sponsored series, presented by journalist Nancy Kacungira, debuted on October 5, 2026, and will explore entrepreneurship, agriculture, mining, infrastructure and other sectors.
The Bank of Ghana's Second Deputy Governor said the central bank will support innovation that improves access to financial services and banking efficiency, while maintaining adequate safeguards to protect customers and financial stability. She stressed that innovation must be paired with sound governance and effective risk management, including operational resilience, cybersecurity, and data protection.
No Ghanaian firm appeared among 900 companies in Forbes' World's Best Employers 2026 rankings, though subsidiaries of South African, Nigerian and Egyptian firms operate in Ghana. South African firms dominated the African rankings, with Nedbank leading the continent at number 26 globally.
The Ghana Cocoa Board has established Cocoa Capital PLC, a special-purpose financing vehicle wholly owned by COCOBOD, to raise GH¢16.3 billion for the cocoa sector through domestic capital markets. The programme will include GH¢14 billion in commercial papers and GH¢2.3 billion in bonds, rolled out in three tranches beginning with GH¢4 billion.
Absa Bank Ghana commissioned its new head office facility in Accra on September 25, with Vice President Prof. Jane Naana Opoku-Agyemang urging the bank to expand access to finance for women-owned businesses and young entrepreneurs, develop solutions for agriculture and manufacturing sectors, and strengthen digital financial inclusion and cybersecurity.
The 24-Hour Economy Secretariat and Accelerated Export Development Authority have mobilised financing commitments exceeding GH¢1 billion to support Ghana's poultry value chain, with the first phase targeting GH¢300 million. The funding, to be provided by private sector actors including ABSA, Fidelity and Ecobank, will support investments in feed production, day-old chick supply, equipment, processing, storage and veterinary services to boost local production and reduce dependence on imported chicken.
The government will open the book-build for a new four-year cedi-denominated Treasury Bond on September 1, 2026, maturing in 2030, with the securities to be listed on the Ghana Stock Exchange and offered to both resident and non-resident investors.
Absa Bank has participated as an arranger of a €456 million term and revolving credit facilities package for Genser Energy Investments LLC, an integrated energy company in West Africa, to provide working capital for engineering, procurement and construction projects and support strategic expansion across the region.
Fitch Ratings reports that Standard Bank, Absa, and First National Bank are well positioned to weather spillovers from the US-Iran war, citing their strong franchises, healthy profitability, and sound capital and liquidity buffers. The rating agency forecasts headline inflation at 5.0% in June 2026 and predicts further interest rate rises followed by cuts, with impaired loan ratios declining and capital ratios remaining comfortably above regulatory minimums.
OmniBSIC Bank offered the lowest interest rate on household loans in May 2026 at 5.03% APR on five-year tenure, according to Bank of Ghana data released in July, while some banks charged as much as 39% despite the Ghana Reference Rate standing at 10.03%.
South African manufacturing sentiment worsened in June as weaker demand reduced new orders, though lower oil prices boosted confidence about future conditions, according to Absa's purchasing managers' index survey, which fell to 47.3 points from 50.8 in May.
Ghana's Finance Minister and Bank of Ghana Governor presented the government's economic reform programme—including debt restructuring, fiscal discipline, and financial sector strengthening—to international investors and financiers at a breakfast meeting in London.
Ghana's Finance Minister and Bank of Ghana Governor presented the country's economic reforms and investment prospects to international financiers and investors at a high-level breakfast meeting in London, highlighting debt restructuring, fiscal consolidation and monetary policy measures aimed at macroeconomic stabilisation.
Many Ghanaian organisations treat Environmental, Social and Governance (ESG) principles as corporate donations and community outreach, but ESG is a framework that shapes business governance, risk management, and investor decisions. Sustainability has shifted from an act of goodwill to a matter of resilience, with stakeholders now scrutinising how companies manage environmental impact, treat employees, and ensure transparency.
Implemented by Temple Investments and the Mastercard Foundation, FILMA is a four-year initiative (2024–2028) providing young women, youth, and persons with disabilities access to affordable credit, inclusive financial services, and market opportunities in rural Ghana.
Temple Investments' four-year FILMA initiative (2024–2028) has enrolled 77,868 last-mile actors—primarily young women, youth, and persons with disabilities—across 18 districts, more than doubling average monthly income from GH¢1,334 to GH¢2,793 while transitioning 44,476 youth into dignified work and raising financial product self-uptake from 3% to 38%.
Absa Group Chief Executive Officer Kenny Fihla visited Ghana to reaffirm the bank's long-term commitment to the market, describing it as having "extraordinary potential" and emphasising Absa's focus on deepening financial inclusion, driving sustainable growth, and enhancing customer experience. Mr. Fihla engaged stakeholders including clients, regulators, and staff to align the Group's strategy with local economic priorities and stressed the bank's ambition to be "relentlessly customer-obsessed" and build meaningful partnerships.
Absa Group Chief Executive Officer Kenny Fihla concluded a Ghana visit as part of an African engagement tour to reaffirm the group's commitment to regional growth, sustainable financial inclusion, and customer focus. The visit included meetings with stakeholders and explored opportunities in fintech, trade finance, and youth empowerment to support Ghana's economic transformation.
Absa Group CEO Kenny Fihla concluded a working visit to Ghana as part of an Africa-wide engagement tour to reaffirm the bank's commitment to regional growth, sustainable financial inclusion, and customer-centric banking. During the visit, Fihla met stakeholders and emphasised Absa's ambition to deepen its presence in Ghana through digital innovation, small business support, and sustainable finance initiatives.
Absa Group Chief Executive Officer Kenny Fihla concluded a visit to Ghana as part of an engagement tour across Africa to reaffirm the group's commitment to regional growth, sustainable financial inclusion, and customer-centric operations. During the visit, Fihla met with stakeholders and outlined Absa's ambition to provide customer-focused financial services and support Ghana's economic transformation through fintech, trade finance, and youth empowerment.