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CBN allots N1.19tn as investors shun short-term treasury bills

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Policy and Regulations

Ghana to sanction TV stations airing Nollywood movies illegally

The Ghana government has announced plans to sanction television stations that air Nigerian films without authorisation. The Deputy CEO of the Ghana National Film Authority, James Gardiner, announced the country’s plans to crack down on television stations that broadcast Nigerian movies without proper licensing. Gardiner made the announcement in a video during a conversation with […]

Maritime

Nigeria, Ghana sign maritime pact to boost blue economy

The Nigerian Maritime Administration and Safety Agency and the Ghana Maritime Authority have signed a Memorandum of Understanding to strengthen bilateral maritime cooperation, enhance regional maritime governance and promote the sustainable development of the Blue Economy in West Africa. Vanguard reported that speaking at the signing ceremony in Lagos, NIMASA Director-General, Dr. Dayo Mobereola, thanked […]

Food

Ghana plans $1bn domestic bond to fund cocoa purchases

Ghana is planning to raise $1 billion through domestic bonds to fund cocoa purchases from farmers ahead of the 2026/2027 crop season, as the country seeks to overhaul how it finances and delivers cocoa to global buyers. This is according to Bloomberg, which cited anonymous sources familiar with the discussions. Ghana, the world’s second-largest cocoa […]

Food

Nigerian onion traders suspend exports to Ghana over harassment

The multi-million dollar onion trade between Nigeria and Ghana has been thrown into uncertainty after Nigerian onion traders announced the immediate suspension of onion exports to Ghana. The traders cited persistent harassment, intimidation and the seizure of trucks by local trader groups in Accra. The development, which threatens a major segment of agricultural trade within […]

Scams

Ghanaian pleads guilty to $10m romance scam in US court

A 40-year-old Ghanaian national, Derrick Van Yeboah, also known as “Van”, has pleaded guilty in the United States to his role in an international criminal network. The network defrauded victims of more than $100 million through romance scams and business email compromise schemes. Van Yeboah entered the guilty plea to conspiracy to commit wire fraud […]

featured News

US detains Ghana’s ex-finance minister Ofori-Atta

Ghana’s former finance minister, Ken Ofori-Atta, has been detained by United States immigration authorities amid allegations of corruption in his home country, his lawyers have confirmed. Ofori-Atta, who is 66 years old, has remained in the United States since January last year, where he travelled to receive medical care, including surgery for prostate cancer. According […]

United States Flag attached to a building
featured Travel

US lifts visa restrictions on Ghana after diplomatic talks

The United States of America has lifted visa restrictions on Ghana, restoring access to longer-term visas after months of strained relations over deportation disputes. Ghana’s foreign minister, Samuel Ablakwa, confirmed the decision on Friday, announcing that Ghanaians can once again apply for five-year multiple-entry visas. The change followed “months of high-level diplomatic negotiations” and was […]

Nigeria excluded as Trump hosts African leaders in Washington
Travel

US lifts visa restrictions on Ghana

The United States has lifted visa restrictions on Ghana following the West African nation’s cooperation in accepting deported migrants. Ghana had been among several African countries, including Nigeria, targeted with visa curbs under former President Donald Trump. At the time, Washington said the restrictions were tied to concerns over visa reciprocity. Reports indicated that Nigeria’s […]

News

Ghana accepts deported Nigerians, other West Africans from US

Ghana has begun accepting West African nationals deported from the United States, including Nigerians, President John Dramani Mahama said on Wednesday. According to Reuters, Mahama disclosed that a first batch of 14 deportees, made up of Nigerians, a Gambian and others, had already arrived in Accra, with the Ghanaian authorities facilitating their return to their […]

Ghana partners Zipline to deliver medical Supplies amid USAID disruptions
News

Ghana partners Zipline to deliver medical Supplies amid USAID disruptions

In the wake of ongoing disruptions to United States Agency for International Development-funded supply chains, the Government of Ghana has turned to the autonomous drone logistics company Zipline to ensure the continuous delivery of essential medical supplies across the country. This partnership follows a stop-work order impacting several USAID programs and a protracted review process […]

News

Ghana unveils first commercial Gold refinery in Accra

Ghana, the continent’s top producer of gold, opened its first commercial refinery in Accra on Thursday, a major step toward enhancing the value of its output and raising domestic gold revenue. The Royal Ghana Gold Refinery with a processing capacity of 400 kg/day is anticipated to refine gold from small-scale artisanal miners as well as, […]

News

Ghana’s inflation drops to 22.8% in June

Ghana’s inflation rate for June 2024 fell to 22.8%, the lowest level since April 2022. In May, Ghana’s inflation fell to 23.1%, and the country’s inflation has been falling since the beginning of 2024. Ghana’s month-to-month inflation rate in June 2024 was 2.9%, down from 3.2% in May. According to the Ghana Statistical Services, the […]

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