The International Monetary Fund (IMF) has concluded its sixth review mission in Ghana after several weeks of engagements with government officials and key stakeholders in Accra. Sources close to the discussions indicate that Ghana recorded significant progress in meeting major programme targets and implementing reforms under the IMF-supported Extended Credit Facility (ECF) programme. However, some…
Government of Ghana has ended a seven-week streak of weak performance on the domestic debt market after recording strong demand in its latest Treasury bill auction held on May 8, 2026. The auction saw total investor bids reach GHC7.83 billion, significantly above the government’s target of GHC4.349 billion. The Treasury ultimately accepted GHC6.087 billion across the 91-day,…
Chinese battery materials company Zhejiang Huayou Cobalt has agreed to take over the remaining development funding obligations for Ghana’s Ewoyaa Lithium Project while also pursuing a proposed $210 million acquisition of Atlantic Lithium. The move represents a major shift in the project’s financing structure and is expected to improve funding certainty as development progresses. Under the agreement, Huayou will acquire all of Elevra Lithium’s rights, obligations, and…
Finance Minister Cassiel Ato Forson has expressed confidence that the newly created Office for Value for Money will help curb inflated public contracts and reduce unnecessary government spending. Speaking after President John Dramani Mahama assented to the bill establishing the office, Dr Forson said the initiative would strengthen fiscal discipline and improve efficiency in the use of…
The Government of Ghana has intensified efforts to build its foreign exchange reserves by engaging major mining companies under the Ghana Accelerated National Reserve Accumulation Policy (GANRAP). The high-level meeting was led by Finance Minister Cassiel Ato Forson and Lands and Natural Resources Minister Emmanuel Armah Kofi Buah. It brought together key industry players, including the…
The World Bank has projected a sharp increase in global fertiliser prices in 2026, raising concerns about rising food costs and potential threats to food security worldwide. In its latest Commodity Markets Outlook, the institution forecasts a 31% jump in fertiliser prices, reversing earlier declines. The surge is largely attributed to escalating tensions in the Middle East, which have disrupted supply…
