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Wednesday, 28 October 2026
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Ghanaian press · Organization

Fitch Solutions

Fitch Solutions — research and forecasting firm providing economic, commodity, and sectoral outlooks for Ghana and West Africa.

2026-05-012026-10-28

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In coverage

Verbatim sentences from the source article.

  1. June 2026
  2. Joy Online

    Fitch Solutions is expecting El Niño’s adverse weather conditions to place downward pressure on the 2026/27 cocoa output, forecasting cocoa production of 1.7 million tonnes in Côte d’Ivoire and 670,000 tonnes in Ghana. …

    El Nino to weigh on Ghana, Côte d’Ivoire cocoa production for 2026/27 crop season
  3. Daily Guide

    Ghana’s inflation will average 12.8% in 2027, up from a projected 6.0% in 2026, Fitch Solutions said in its latest report, warning the rise will weigh on household purchasing power and private consumption. …

    Inflation To Average 12.8%, Growth To Slow To 4.7% In 2027 – Fitch Solutions
  4. Joy Online

    Ghana’s inflation will average 12.8% in 2027 from 6.0% in 2026, Fitch Solutions has stated. …

    Inflation to average 12.8% in 2027
  5. Joy Online

    Ghana’s economic growth will moderate to 4.7% in 2027 from 5.7% in 2026, UK-based Fitch Solutions has disclosed. …

    Ghana’s growth rate to moderate to 4.7% in 2027 – Fitch Solutions
  6. May 2026
  7. Joy Online

    Ghana’s growth outlook has dimmed slightly amid the US-Iran conflict, Fitch Solutions has revealed in its April 2026 Sub-Saharan Africa Monthly Outlook. …

    Ghana’s growth outlook dims slightly amid US-Iran conflict – Fitch Solutions
Business

Ghana positioned for vehicle assembly growth in Sub-Saharan Africa

The News

Fitch Solutions forecasts Ghana's automotive production will rise from around 4,700 units in 2025 to approximately 4,900 units in 2026, supported by the Auto Policy and local assembly incentives. A September 2026 expansion by Zonda Tec at its Tema facility increased annual production capacity to 12,000 vehicles and created an estimated 1,000 jobs.

23 October 2026 · Joy Online →

Friday 23 October

  1. Ghana positioned for vehicle assembly growth in Sub-Saharan Africa

    Fitch Solutions forecasts Ghana's automotive production will rise from around 4,700 units in 2025 to approximately 4,900 units in 2026, supported by the Auto Policy and local assembly incentives. A September 2026 expansion by Zonda Tec at its Tema facility increased annual production capacity to 12,000 vehicles and created an estimated 1,000 jobs.

    23 October 2026 · Joy Online →

Tuesday 6 October

  1. Cocoa prices surge 95% since March on production concerns

    Cocoa prices have risen 95.1% since early March 2026 due to expected lower yields in the 2026/27 season, with Fitch Solutions forecasting prices to average US$4,990/tonne in 2026 and US$5,670/tonne in 2027. Ghana's cocoa production is forecast to remain flat while Côte d'Ivoire's output is expected to decline 17.5% year-on-year, though gains for Ghana will be muted by government-controlled pricing mechanisms and forward-selling practices.

    6 October 2026 · Joy Online →

Sunday 4 October

  1. Fitch Solutions forecasts Ghana inflation rising to 11.3% in 2027

    Fitch Solutions predicts inflation will rise to 11.3% in 2027 from 4.7% in 2026, driven by weakening exchange rate support, fiscal loosening, and strong money supply growth; the firm expects the Bank of Ghana to raise the policy rate by 200 basis points by year-end as inflation breaches 10% in the second quarter.

    4 October 2026 · Joy Online →

  2. Fitch Solutions maintains 14% policy rate forecast through December 2026

    Fitch Solutions expects the Bank of Ghana to keep the policy rate at 14% through year-end 2026, before hiking it to 16% in 2027, citing persistent single-digit inflation that will remain below the central bank's target range. The firm notes inflation has risen from 3.2% in March to an expected 6.8% by year-end, driven partly by elevated energy costs and cedi weakness, but expects another rate hold in November 2026.

    4 October 2026 · Joy Online →

Monday 14 September

  1. Fitch raises Ghana's 2026 current account surplus forecast to 7.8%

    Fitch Solutions has upgraded its forecast for Ghana's 2026 current account surplus to 7.8% of GDP, citing stronger-than-expected trade performance in the first half of the year, with a US$4.3 billion merchandise trade surplus driven by robust gold exports and increased crude oil shipments.

    14 September 2026 · Joy Online →

Saturday 12 September

  1. El Niño threatens Ghana and Côte d'Ivoire cocoa exports

    Fitch Solutions warns that El Niño conditions coinciding with Ghana and Côte d'Ivoire's October-December cocoa crop development period could reduce yields through lower rainfall and higher temperatures, weighing on export earnings, government revenues and rural incomes. The firm also flags food security risks as rice imports account for substantial consumption in both countries (Côte d'Ivoire 49%, Ghana 47%), exposing them to El Niño-driven tightening in global rice supplies.

    12 September 2026 · Joy Online →

Thursday 27 August

  1. Ghana ranked 4th in Africa for cocoa exports to EU

    Ghana ranked 4th among African cocoa bean exporters to Europe between 2021 and 2024 with 53.7% of exports, according to Fitch Solutions. West Africa dominates global cocoa production at roughly 65% but Fitch Solutions warns the region faces growing pressure as EU sustainability and traceability requirements shape export flows.

    27 August 2026 · Joy Online →

Friday 31 July

  1. Fitch Solutions projects Ghana inflation at 9% by end 2026

    Fitch Solutions has projected Ghana's inflation will rise to 9% by the end of 2026, largely driven by renewed pressure on the cedi, stronger domestic demand, and higher food prices linked to El Niño-related weather disruptions, despite the cedi's recent strong performance. The projection is based on the Bank of Ghana's new monetary stance and expectations that the cedi will not stabilise strongly in coming months.

    31 July 2026 · Daily Guide →

Wednesday 29 July

  1. Fitch Solutions forecasts inflation to reach 9% by end-2026

    Fitch Solutions projects Ghana's inflation will rise to 9% by the end of 2026, driven largely by renewed pressure on the cedi, and further to 13.2% by end-2027 due to stronger domestic demand, imported inflation, and food price increases linked to weather disruptions. The forecast contrasts with Finance Minister Dr Cassiel Ato Forson's projection of 5% inflation by December.

    29 July 2026 · Joy Online →

Sunday 26 July

  1. Ghana's construction GVA to slow in 2027–2028, Fitch Solutions forecasts

    Fitch Solutions forecasts Ghana's construction Gross Value Added will grow 5.2% in 2026, then slow to 5.1% in 2027 and 4.5% in 2028. Ghana ranks 7th in Sub-Saharan Africa for construction GVA, behind Ethiopia, Côte d'Ivoire, and Uganda.

    26 July 2026 · Joy Online →

Monday 29 June

  1. El Niño to pressure Ghana, Côte d'Ivoire cocoa output 2026/27

    Fitch Solutions forecasts El Niño's adverse weather will reduce Côte d'Ivoire's 2026/27 cocoa production to 1.7 million tonnes (a 17.5% year-on-year decline) and keep Ghana's output flat at 670,000 tonnes. Smallholder farmers' limited access to irrigation, financing, and yield-enhancing technologies, combined with reduced fertiliser effectiveness and global supply constraints, compound vulnerability to erratic rainfall.

    29 June 2026 · Joy Online →

Friday 26 June

  1. Fitch Solutions forecasts Ghana inflation rise, economic growth slowdown by 2027

    Fitch Solutions projects Ghana's inflation will average 12.8% in 2027, up from 6.0% in 2026, due to base effects and cedi pressure from global gold prices, while economic growth is forecast to moderate to 4.7% in 2027 from 5.7% in 2026, constrained by stagnant oil and cocoa production and rising fiscal pressures.

    26 June 2026 · Daily Guide →

Thursday 25 June

  1. Ghana inflation forecast to rise to 12.8% in 2027

    Fitch Solutions forecasts Ghana's inflation will average 12.8% in 2027, up from 6.0% in 2026, pressuring household purchasing power. The firm attributes the increase to fading cedi strength, expected El Niño weather effects on food prices, and potential constraints on cocoa production and electricity generation.

    25 June 2026 · Joy Online →

  2. Ghana's growth forecast to moderate to 4.7% by 2027

    Fitch Solutions projects Ghana's economic growth will slow to 4.7% in 2027 from 5.7% in 2026, citing weaker agricultural output, stagnant oil and cocoa production, and intensifying fiscal pressures from debt repayments and Eurobond obligations.

    25 June 2026 · Joy Online →

Friday 1 May

  1. Fitch Solutions downgrades Ghana 2026 growth forecast to 5.5%

    Fitch Solutions has revised its 2026 growth projection for Ghana from 5.9% to 5.5%, citing stronger-than-expected price pressures and the US-Iran conflict as headwinds to consumer spending. The firm expects inflation to reach around 9% year-on-year by the end of 2026, driven largely through fuel prices after oil marketing companies hiked petrol and diesel tariffs by 10-15% in March 2026.

    1 May 2026 · Joy Online →

Fitch Solutions — Ghanaian press coverage · Ghana Minute