Ghana’s crude oil production has increased by approximately 30% in 2026, reversing five consecutive years of decline, Minister for Energy and Green Transition John Abdulai Jinapor has announced.
Ghana’s crude oil production has increased by approximately 30% in 2026, reversing five consecutive years of decline, Minister for Energy and Green Transition John Abdulai Jinapor has announced.
The Governor of the Bank of Ghana (BoG), Dr Johnson Asiama, has dismissed suggestions that the central bank has relinquished its foreign exchange market responsibilities to the Ghana Gold Board (GoldBod), insisting that the Bank remains prepared to intervene when necessary to maintain orderly market conditions.
The Minister for Energy and Green Transition, Dr John Jinapor, has announced that Ghana has secured $3.5 billion in investment commitments aimed at expanding upstream petroleum operations and drilling new wells as the government intensifies efforts to revitalise the oil and gas sector and restore investor confidence.
The Deputy Chief Executive of the National Petroleum Authority (NPA), Dr Sheila Addo, has called for greater opportunities for women to occupy leadership positions, stressing the importance of professional competence, adequate preparation and self-confidence in career advancement.
The Bank of Ghana (BoG) has urged exporters to repatriate all export proceeds through the formal banking system, warning that failure to return foreign earnings weakens the country’s foreign exchange reserves and undermines efforts to stabilise the cedi and control inflation.
Finance Minister Dr Cassiel Ato Forson has expressed confidence that Ghana’s economy will grow beyond the International Monetary Fund’s (IMF) revised projection of 5.7% for 2026.
The Ghana Cocoa Board (COCOBOD) has raised GH¢3.396 billion from domestic institutional investors through the maiden commercial paper issuance of Cocoa Capital PLC, as it seeks to reduce its reliance on external borrowing to finance cocoa purchases.
The Ghana Revenue Authority (GRA) has assured consumers that the introduction of a new system requiring commercial banks to collect taxes on qualifying cross-border digital services will not result in double taxation.
The Ghana Gold Board (GoldBod) has reaffirmed its commitment to sustainable gold production, insisting that Ghana’s drive to generate foreign exchange from gold exports must not come at the expense of its forests and other natural resources.
The Bank of Ghana (BoG) has proposed a new regulatory requirement that would compel banks to maintain sufficient high-quality liquid assets to cover their projected net cash outflows over a 30-day period of financial stress.
Finance Minister Dr. Cassiel Ato Forson is leading Ghana’s delegation to the 2026 Annual Meetings of the International Monetary Fund (IMF) and the World Bank Group in Bangkok, Thailand, as the government prepares to shift from economic stabilisation to a new phase of sustained growth and transformation.
The Bank of Ghana (BoG) is preparing to introduce a Liquidity Coverage Ratio (LCR) requirement for banks as part of efforts to strengthen liquidity risk management and improve the banking sector’s ability to withstand financial shocks.
The Bank of Ghana (BoG) has identified 20 mobile loan applications operating without the required licence or authorisation to provide digital credit services in Ghana.
