By Joshua Worlasi AMLANU Construction cost inflation edged higher in May 2026, driven by rising equipment and specialised building input costs even as declines in cement and steel prices continued to moderate overall cost pressures across the sector. …
By Joshua Worlasi AMLANU The government is positioning the country as a regional gas trading and distribution hub, betting on liquefied natural gas (LNG) imports, expanded domestic production and cross-border energy infrastructure to meet rising demand while supplying neighbourin …
By Joshua Worlasi AMLANU Ghana and Côte d’Ivoire have agreed to harmonise cocoa farm-gate pricing policies in a move aimed at strengthening farmer incomes, reducing market distortions and reinforcing the cocoa sector’s resilience against growing market volatility and climate-rela …
By Joshua Worlasi AMLANU & Ebenezer Chike Adjei NJOKU The foreign exchange market continues to exhibit a wide gap between official and informal dollar rates despite the cedi retaining most of its recent gains. …
By Joshua Worlasi AMLANU & Ebenezer Chike Adjei NJOKU The equity market continued its strong upward trajectory in May, adding nearly GH¢91billion in market value over the past year as declining inflation, lower interest rates and rising investor participation reinforced one of th …
By Joshua Worlasi AMLANU Room for further monetary policy easing is narrowing after inflation accelerated for a second consecutive month in May, reinforcing concerns within financial markets that the Bank of Ghana (BoG) may have to extend its pause in the rate-cut cycle despite i …
By Joshua Worlasi AMLANU Ghana’s real estate sector is entering what industry players describe as its most supportive financing environment in nearly a decade, underpinned by easing inflation, a recovering cedi and consecutive interest rate cuts by the Bank of Ghana, Managing Dir …
By Joshua Worlasi AMLANU Ghana’s record trade surplus and export growth are failing to generate broad-based employment gains, with policymakers, economists and exporters warning that the country’s trade structure remains concentrated in raw commodities and a small number of domin …
By Joshua Worlasi AMLANU Ghana will partner Rwanda, Zambia and other African countries to pilot a continental digital trade corridor aimed at improving cross-border payments, digital identity verification and electronic invoicing, Vice President Prof. …
By Joshua Worlasi AMLANU & Ebenezer Chike Adjei NJOKU The Treasury bill (T-bill) market is beginning to show signs of investor resistance, with repeated auction shortfalls and diverging yields suggesting that domestic participants may be demanding higher compensation after months …
Ghana's Prime Building Cost Index inflation accelerated to 2.7 percent year-on-year in May 2026 from 2.2 percent in April, driven by rising equipment and specialised building input costs despite continued declines in cement and steel prices. The increase reflects diverging trends within the construction sector, with materials accounting for virtually all the headline inflation pressure.
Ghana's Prime Building Cost Index inflation accelerated to 2.7 percent year-on-year in May 2026 from 2.2 percent in April, driven by rising equipment and specialised building input costs despite continued declines in cement and steel prices. The increase reflects diverging trends within the construction sector, with materials accounting for virtually all the headline inflation pressure.
Ghana's government is positioning the country as a regional gas trading and distribution hub through liquefied natural gas imports and expanded domestic production to meet rising demand across West Africa. Gas demand is projected to reach about 840 million standard cubic feet per day by 2030, outpacing domestic supply despite ongoing upstream investments, with a Tema-based LNG terminal approximately 95 percent complete set to handle up to 400 million standard cubic feet per day.
Ghana and Côte d'Ivoire have agreed to harmonise cocoa farm-gate pricing policies to strengthen farmer incomes, reduce market distortions, and build resilience against market volatility and climate risks. The two countries, which together produce more than 60 percent of global cocoa, aim to strengthen bargaining power and stabilise the sector through closer policy alignment.
The spread between official and informal dollar rates in Ghana remains at 10.3–11.6 percent above the Bank of Ghana's interbank rate, with forex bureaus quoting GH¢12.35–GH¢12.50 per dollar compared to the official GH¢11.1986 rate. The persistent gap endures despite the cedi recording strong recent performance supported by improved foreign exchange liquidity and central bank interventions.
The Ghana Stock Exchange's market capitalisation rose to GH¢262.95billion in May with a year-to-date gain of 52.84 percent, driven by declining inflation, lower interest rates, and increasing investor participation in equities.
Ghana's headline inflation rose to 3.7 percent year-on-year in May from 3.4 percent in April, driven by food, energy, and imported cost pressures, narrowing the case for further monetary easing by the Bank of Ghana despite inflation remaining below its medium-term target band.
Ghana's real estate sector is entering its most supportive financing environment in nearly a decade, driven by easing inflation, a recovering cedi, and interest rate cuts by the Bank of Ghana. Commercial properties are projected to generate annual yields of 8–15 percent in 2026, while residential rental yields are expected to range 7–12 percent.
Ghana posted its strongest external trade performance in 2025 with a trade surplus of US$13.6 billion and export receipts of US$31.11 billion, mainly from gold exports. However, policymakers and economists warn that the current export model remains concentrated in raw commodities and insufficient to drive broad-based employment gains and long-term industrialisation.
Ghana will partner Rwanda, Zambia and other African countries to test a continental digital trade corridor focused on cross-border payments, digital identity verification, and electronic invoicing. The pilot aims to improve intra-African transactions and position Africa within global digital economy frameworks.
Ghana's Treasury bill auctions have fallen short of targets for two consecutive weeks, with the latest auction on April 24, 2026 attracting GH¢4.43 billion in bids against a GH¢4.48 billion target. The undersubscription and mixed yields suggest domestic investors are demanding higher compensation after months of yield suppression.