Also known as: IMF · The Fund · EcoCapital Prime Fund Plc · ShEquity Climate Fund L.P.
International organization that has approved credit facilities for Rwanda and whose programmes and projections feature in Ghanaian economic coverage.
Verbatim sentences from the source article.
Joy Online
… On the government’s decision to request for Policy Coordination Instrument (PCI ), after the completion of the Extend Credit Facility with the International Monetary Fund, Dr. …
We don’t see inflation increasing above 5% by December 2026 – Ato ForsonThe Chronicle
… His sharpest rebuke was reserved for what he described as the minister’s misrepresentation of Ghana’s relationship with the International Monetary Fund. …
40% Of Ghana’s Youth Jobless Under Mahama –KONJoy Online
… Contributing to the debate on the Finance Minister’s statement on Ghana’s exit from the International Monetary Fund (IMF) programme, Dr Amin Adam described the assertion as inaccurate and inconsistent with the IMF’s own assessment of the programme. …
Amin Adam rejects Finance Minister’s claim that IMF programme derailed under Akufo-Addo gov’tJoy Online
… onko’s announcement came one hour before his successor as prime minister, seasoned economist Ahmadou Al Aminou Lo, unveiled the new 30-member government, retaining Cheikh Diba in the critical post of finance minister as negotiations continue with the International Monetary Fund …
Senegal’s Sonko pulls his party from new government, raising risk to IMF dealBusiness & Financial Times
… A later World Bank project paper put public support for resolving banks, specialised deposit-taking institutions and fund managers during 2017–19 at about 5.5 per cent of GDP. …
Re-imagine Ghana with Hene Aku Kwapong, PhD: A well-regulated financial sector: The bank that borrowed from tomorrowBusiness & Financial Times
… This comes amid government’s efforts to intensify domestic revenue mobilisation ahead of the International Monetary Fund programme’s expected conclusion in 2026. …
Tax regime more data-driven, enforcement-focusedJoy Online
… Ethiopia has a growing economy but inflation has led to higher prices Abiy’s economic reforms have received support from the International Monetary Fund and the World Bank, under the proviso the country liberalises its foreign currency exchange market and gets a handle on its deb …
Ethiopia is heading to the polls, but not everyone can voteJoy Online
… Dr Asiama further disclosed that Ghana’s engagement with the International Monetary Fund (IMF) had continued following the completion of the sixth and final review under the Extended Credit Facility (ECF) programme last Friday. …
Gov’t to start selling $1bn bond to fund cocoa purchases – BoGJoy Online
… The cedi recorded one of its strongest performances in recent years in 2025 following gains attributed to tight monetary policies, improved foreign reserve levels, the ongoing International Monetary Fund (IMF)-supported programme, and increased inflows from gold and cocoa exports …
‘Recent cedi depreciation within reasonable limits compared to historic rates’ — Prof. AsumingJoy Online
… to the pound and GH¢14.10 to the euro, respectively. “We note that the cedi’s depreciation exceeded our upper-band forecast of GH¢11.40 against the US dollar, as the central bank remained cautious about forex intermediation despite assurances from the International Monetary Fund …
Cedi extends depreciation to 10.11% against dollar on demand pressuresAn opinion article argues that anti-immigrant violence in South Africa, driven by beliefs that foreign nationals displace local workers, threatens the informal traders, migrant entrepreneurs and township supply chains that sustain the country's economy.
3 hours ago · Joy Online →
An opinion article argues that anti-immigrant violence in South Africa, driven by beliefs that foreign nationals displace local workers, threatens the informal traders, migrant entrepreneurs and township supply chains that sustain the country's economy.
3 hours ago · Joy Online →
The UK and Japan have agreed a multi-billion-pound investment deal in which Japanese firms will spend more than £9bn on UK infrastructure and financial services and up to £9bn on UK offshore wind, creating tens of thousands of jobs, according to Downing Street.
16 hours ago · Joy Online →
President Bola Tinubu declared that Nigeria's security forces killed more than 13,000 insurgents over the past year and that insurgency-related deaths have dropped 81 per cent since he took power in 2023. He also noted that 124,000 fighters and dependents have laid down their arms since 2023 through Operation Safe Corridor.
12 June 2026 · Joy Online →
An analysis of global energy dependency on finite fossil fuels and their greenhouse gas emissions, which cause rising sea levels, coastal displacement in Ghana and Africa, and health impacts, argues that sustainable energy transitions are necessary to mitigate climate change.
12 June 2026 · Joy Online →
President Mahama has called for Ghana-EU relations to shift from traditional aid and development assistance toward trade, investment, innovation and industrialisation, with both sides working toward more strategic and equitable relations that promote shared prosperity. Speaking at the opening of the 2026 Ghana-EU Partnership Dialogue in Accra, he cited changing global conditions—including geopolitical tensions, economic uncertainty, climate change and technological disruption—as making strong international partnerships more important.
12 June 2026 · Joy Online →
Augustus Goosie Tanoh, Presidential Advisor on the 24-Hour Economy, appealed to Ghanaians in the United Kingdom to invest in export-driven value chains, transfer technical skills, and partner with local industries as part of the government's economic transformation initiative.
11 June 2026 · Joy Online →
Seven of every ten mobile transactions worldwide occur in Africa, driven by fintech systems like Kenya's M-Pesa (launched 2007), which has expanded from money transfers to utilities, loans, insurance, and government services. Digital platforms like Twiga have also improved agricultural supply chains, reducing crop losses from 30% to 4%.
10 June 2026 · The Ghanaian Times →
Sub-Saharan Africa accounts for seven of every ten mobile transactions worldwide. Kenya's M-Pesa system, launched in 2007, pioneered mobile money services and expanded to utilities, loans, government services, and investments, while Kenya's IT infrastructure has spurred digital platforms in agriculture and pharmaceuticals.
10 June 2026 · The Ghanaian Times →
The IMF's executive board approved a new $250 million, 38-month extended credit facility for Rwanda to address tighter global financial conditions, with an immediate disbursement of $35.7 million. Rwanda's economy grew 9.4% in 2025 but is expected to slow to below 6.8% in 2026 due to global pressures from the Middle East war, higher oil and fertilizer prices, and resulting inflation.
9 June 2026 · Joy Online →
An opinion piece argues that Ghana's restored macroeconomic stability—including Cedi appreciation, 3.3% inflation, 6% GDP growth, and 45.3% debt-to-GDP ratio in 2025—creates the foundation for a structured partnership between government and business to drive economic transformation.
8 June 2026 · Business & Financial Times →
According to IMF projections, Ghana's GDP is expected to reach $118 billion in 2025, surpassing Côte d'Ivoire's projected $110 billion. The projection marks Ghana's recovery from economic crisis, supported by debt-reduction efforts including a $709 million Eurobond settlement in December.
3 June 2026 · Joy Online →
Finance Minister Dr. Cassiel Ato Forson told Bloomberg he expects inflation will not rise above 5% by the end of the year, though he acknowledges it will rise further from the current 3.4% due to Middle East developments and rising crude prices. The minister also projected Ghana's 2026 growth rate could be higher than the budgeted 4.8% due to developments in the oil and gas sector.
3 June 2026 · Joy Online →
Ranking Member Kojo Oppong Nkrumah told Parliament that youth unemployment stands at 40 percent according to the Ghana Statistical Service, citing higher rates in Greater Accra at 49.3 percent, and argued the jobs crisis is the defining economic reality for most of the country despite government claims of economic stability.
3 June 2026 · The Chronicle →
Former Finance Minister Dr Mohammed Amin Adam told Parliament that the government has fallen short of revenue mobilisation targets under the IMF-supported programme, bringing revenue to GDP to 13%, and has failed to reduce borrowing costs despite claims of macroeconomic stability and declining inflation.
2 June 2026 · Joy Online →
Dr Mohammed Amin Adam rejected the current Finance Minister's assertion that Ghana's IMF-supported programme derailed under the Akufo-Addo administration, citing the IMF's Fourth Review report which showed Ghana met all six performance criteria by end of 2024 and three of four indicative targets.
2 June 2026 · Joy Online →
Finance Minister Dr Cassiel Ato Baah Forson told diaspora Ghanaians in London that Ghana is "open for business" and invited them to invest, noting that diaspora remittances exceeded $7 billion last year and describing the diaspora as important partners in nation-building.
2 June 2026 · Joy Online →
Ousted Prime Minister Ousmane Sonko announced his Pastef party will not participate in Senegal's new government after disagreements with President Bassirou Diomaye Faye, complicating negotiations with the International Monetary Fund over a lending programme as the country faces a debt crisis.
2 June 2026 · Joy Online →
An IMANI-PULSE analysis of 10,000 mentions across digital platforms in May 2026 found that Ghanaians' political conversations are increasingly focused on governance outcomes, policy delivery, and accountability rather than political personalities, with policy discussions accounting for 78.2% of classified conversations and an almost neutral overall sentiment score.
1 June 2026 · Joy Online →
Ghana's Court of Appeal unanimously overturned the Bank of Ghana's 2019 revocation of GN Savings & Loans' operating licence, finding the decision unfair and unreasonable. The ruling raises questions about the effectiveness of Ghana's banking regulation following the bank's collapse, which affected hundreds of thousands of savers including market women, farmers and teachers.
1 June 2026 · Business & Financial Times →
President John Dramani Mahama told a diaspora meeting in London that Ghana has emerged as a model for economic recovery, with international development and financial institutions pointing to the country's macro-economic stability and policy reforms as an example for other African nations.
1 June 2026 · Joy Online →
Ghana's tax system is becoming more data-driven, enforcement-oriented and ambitious than ever, according to law firm BELA, driven by the Ghana Revenue Authority's expanding digital capabilities, reforms to value-added tax administration, and transfer pricing enforcement. The government is intensifying domestic revenue mobilisation ahead of the IMF programme's expected conclusion in 2026, with the Integrated Tax Administration System launched on April 1, 2026 automating key tax functions and enabling continuous oversight.
1 June 2026 · Business & Financial Times →
Finance Minister Dr. Cassiel Ato Forson announced that Ghana aims to add 3,000 megawatts of new electricity generation capacity by 2030, with at least 30 percent from renewable energy sources, to address supply-demand gaps and support industrialisation. The target builds on plans for a 1,200-megawatt gas-fired power plant, with current installed capacity at approximately 5,200 megawatts.
1 June 2026 · Business & Financial Times →
Ethiopia's general election takes place on Monday as conflict prevents many people from voting, with the entire northern Tigray region excluded from the poll due to its recovery from a civil war that ended in 2022. Prime Minister Abiy Ahmed's Prosperity Party is expected to win, with the winning party needing at least 274 of 547 parliamentary seats to form the next government.
31 May 2026 · Joy Online →
Legal practitioner Amanda Clinton said Parliament's passage of the anti-LGBTQI+ bill signals that Ghana's cultural, religious and family values take precedence over concerns about potential economic repercussions from international partners.
30 May 2026 · Joy Online →
The Governor of the Bank of Ghana has announced that cocoa purchases for the 2026/27 crop season will be financed through $1 billion to be raised from the domestic bond market, part of efforts to strengthen Ghana's cocoa financing system and reduce dependence on foreign borrowing.
29 May 2026 · Joy Online →
Ghana's government is spending faster than it is collecting revenue, with cumulative total revenue and grants reaching only 3.6% of GDP and tax revenue at 3.0% of GDP by end of March 2026, against total government expenditure of 3.9% of GDP, making new taxes in the mid-year budget likely.
29 May 2026 · Daily Guide →
A University of Ghana economics lecturer has said the recent depreciation of the Ghana cedi is manageable and within acceptable margins compared to historical rates, and that the Bank of Ghana has sufficient reserves and is using a controlled flexibility framework in the forex market.
25 May 2026 · Joy Online →
The Ghana cedi extended its year-to-date loss to 10.11% against the dollar in the interbank market due to demand pressures, closing at GH¢11.63 to a dollar. The central bank's cautious stance on forex intermediation despite IMF assurances of a US$385 million disbursement has contributed to the depreciation, with analysts expecting the cedi to trade within GH¢11.35–11.86 per dollar over the next two weeks.
25 May 2026 · Joy Online →
The Executive Director of the Africa Sustainable Energy Centre has supported calls for private sector participation in the Electricity Company of Ghana's commercial operations, arguing that it would address commercial losses exceeding 30 percent and improve efficiency and accountability through competition in revenue collection.
25 May 2026 · Joy Online →
The Centre for International Maritime Affairs Ghana's executive director has commended Ghana's completion of its IMF Extended Credit Facility programme, saying the exit reflects improved fiscal discipline and restored investor confidence that will benefit maritime, port, and trade operations. He notes that lower inflation and reduced exchange rate volatility will help importers, exporters, and freight forwarders operate with greater efficiency and strengthen Ghana's position as a trade gateway in West Africa.
25 May 2026 · Business & Financial Times →