2 h. ago Ghana Sets 2025 Deadline for Landmark Islamic Finance Framework

News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/ghana-sets-2025-deadline-for-landmark-islamic-finance-framework/Ghana is accelerating plans to become West Africa’s Islamic finance hub with comprehensive regulations for banking, insurance, and capital markets due by year-end 2025. Professor John Gartchie Gatsi, adviser to the Bank of Ghana, confirmed the joint framework developed by the central bank, Securities and Exchange Commission, and National Insurance Commission will cover non-interest banking, Sukuk bonds, […] News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/ghana-sets-2025-deadline-for-landmark-islamic-finance-framework/

Events

9 h. ago ABSA, Republic Bank Offer Ghana’s Cheapest SME Loans as Rate Gap Widens

News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/absa-republic-bank-offer-ghanas-cheapest-sme-loans-as-rate-gap-widens/Ghanaian SMEs face dramatically different borrowing costs depending on their bank choice, new Central Bank data reveals. ABSA, Republic Bank, and Bank of Africa emerged as the most affordable lenders in June 2025, while others charged over double their rates—potentially crippling small businesses. The Bank of Ghana’s annualised percentage rate (APR) report, measuring true loan […] News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/absa-republic-bank-offer-ghanas-cheapest-sme-loans-as-rate-gap-widens/

Politics

23 h. ago African Bank Pushes AI Training to Accelerate Continent’s Development Goals

News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/african-bank-pushes-ai-training-to-accelerate-continents-development-goals/Africa’s premier financial institution is betting on artificial intelligence to fast-track the continent’s flagship development plan. The African Development Bank has funded specialized AI training for officials across African Union member states, aiming to sharpen monitoring of Agenda 2063 targets. Held in Lusaka, Zambia, the intensive five-day workshop equipped participants with hands-on experience using platforms […] News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/african-bank-pushes-ai-training-to-accelerate-continents-development-goals/

Politics

30 h. ago Development Banks Drive Industrial Farming in Africa, Report Finds

News Ghana, Latest Updates and Breaking News of Ghana, Roger A. Agana, https://www.newsghana.com.gh/development-banks-drive-industrial-farming-in-africa-report-finds/Public development banks are steering Africa toward large-scale industrial agriculture at the expense of small farmers and food sovereignty, according to a new study by the Alliance for Food Sovereignty in Africa. The report details how Development Finance Institutions (DFIs) have invested over $3 billion directly in African agribusiness since 2019, accelerating a shift toward […] News Ghana, Latest Updates and Breaking News of Ghana, Roger A. Agana, https://www.newsghana.com.gh/development-banks-drive-industrial-farming-in-africa-report-finds/

Politics

33 h. ago Republic Bank Backs Ghana’s First Iron Ore Exploration Success

News Ghana, Latest Updates and Breaking News of Ghana, Roger A. Agana, https://www.newsghana.com.gh/republic-bank-backs-ghanas-first-iron-ore-exploration-success/In Ghana’s Oti Region, a landmark drilling phase for the country’s inaugural iron ore resource estimation has concluded, funded entirely by Republic Bank (Ghana) PLC. The project, led by local firm Africa Exploration and Minerals Group Ltd (AEMG), unfolded at the Gyamurume Iron Ore Block and signals Ghana’s entry into the global iron and steel […] News Ghana, Latest Updates and Breaking News of Ghana, Roger A. Agana, https://www.newsghana.com.gh/republic-bank-backs-ghanas-first-iron-ore-exploration-success/

Politics

37 h. ago Ethiopian Airlines Secures Key Funding for Continent’s Largest Airport

News Ghana, Latest Updates and Breaking News of Ghana, Roger A. Agana, https://www.newsghana.com.gh/ethiopian-airlines-secures-key-funding-for-continents-largest-airport/Ethiopian Airlines Group and the African Development Bank have formalized a major financing agreement for Africa’s most ambitious aviation project. The deal, signed in Addis Ababa, designates the Bank as lead arranger for a $500 million loan to develop a new mega-airport in Bishoftu, 40 kilometers south of Ethiopia’s capital. The greenfield facility will initially […] News Ghana, Latest Updates and Breaking News of Ghana, Roger A. Agana, https://www.newsghana.com.gh/ethiopian-airlines-secures-key-funding-for-continents-largest-airport/

Politics

40 h. ago Digital Cedi Backed By Gold, Cocoa Proposed to Boost Stability

News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/digital-cedi-backed-by-gold-cocoa-proposed-to-boost-stability/Ghana could anchor a future digital currency to its gold and cocoa reserves, creating a more stable foundation for monetary policy and reducing reliance on foreign financial systems, according to Professor Yegandi Imhotep Paul Alagidede, the Bank of Ghana Chair in Finance and Economics at the University of Ghana. Speaking at the launch of his […] News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/digital-cedi-backed-by-gold-cocoa-proposed-to-boost-stability/

Politics

52 h. ago MTN CEO Urges Girls to Drive Ghana’s Digital Future at Tech Mentorship Event

News Ghana, Latest Updates and Breaking News of Ghana, Roger A. Agana, https://www.newsghana.com.gh/mtn-ceo-urges-girls-to-drive-ghanas-digital-future-at-tech-mentorship-event/MTN Ghana CEO Stephen Blewett rallied 100 young tech finalists to embrace fearlessness and curiosity as digital architects of Ghana’s future. At a mentorship session in Accra on August 11, partnering with the Ministry of Communications, Blewett declared: “Your boldness will define our digital landscape. Seize this moment—ask questions, experiment relentlessly.” The girls, top performers […] News Ghana, Latest Updates and Breaking News of Ghana, Roger A. Agana, https://www.newsghana.com.gh/mtn-ceo-urges-girls-to-drive-ghanas-digital-future-at-tech-mentorship-event/

Politics

56 h. ago Republic Bank, Bank of Africa provide lowest interest rates on loans to individuals

Data released by the Bank of Ghana has revealed that Republic Bank and Bank of Africa provide the lowest interest rates on loans for individuals. In its Annualized Percentage Rates (APR) ending June 2025, the Bank of Ghana report captured all 23 banks in the country. The report showed that Bank of Africa offered an […]

Politics

5 d. ago West African Nations Back Regional Plan To Link Identity Systems And Deepen Engagement

News Ghana, Latest Updates and Breaking News of Ghana, Victor Yao Nyakey, https://www.newsghana.com.gh/west-african-nations-back-regional-plan-to-link-identity-systems-and-deepen-engagement/ECOWAS Member States and WURI participating Countries Validate Regional Strategies to Strengthen Identity Systems Interoperability and Stakeholder Engagement. The ECOWAS Commission and the World Bank, through the West Africa Unique Identification for Regional Integration and Inclusion (WURI) programme, convened a regional validation workshop from 24 to 27 June 2025 in Accra, Ghana. The workshop brought […] News Ghana, Latest Updates and Breaking News of Ghana, Victor Yao Nyakey, https://www.newsghana.com.gh/west-african-nations-back-regional-plan-to-link-identity-systems-and-deepen-engagement/

Politics

5 d. ago Afreximbank Pushes Fintech to Untangle Central Africa’s Trade Payment Knots

News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/afreximbank-pushes-fintech-to-untangle-central-africas-trade-payment-knots/African Export-Import Bank (Afreximbank) is doubling down on efforts to streamline cross-border trade across Central Africa, convening senior bankers in Douala this week to advance its digital payment platform, AfPAY. Over 50 executives from regional banks attended the high-level workshop, focusing on integrating the trade settlement system and tightening compliance to cut transaction costs and […] News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/afreximbank-pushes-fintech-to-untangle-central-africas-trade-payment-knots/

Economics

5 d. ago Backbase and African Banker launch landmark report on the future of digital banking in Africa

News Ghana, Latest Updates and Breaking News of Ghana, AMA, https://www.newsghana.com.gh/backbase-and-african-banker-launch-landmark-report-on-the-future-of-digital-banking-in-africa/LONDON, United Kingdom, 8 August 2025-/African Media Agency (AMA)/- Backbase, the global leader in Engagement Banking, in partnership with the African Banker magazine, has launched the inaugural report in the Africa Digital Banking Experience Series 2025, a timely publication that explores the transformation of banking across the continent in an age of hyper-personalisation, AI integration, and […] News Ghana, Latest Updates and Breaking News of Ghana, AMA, https://www.newsghana.com.gh/backbase-and-african-banker-launch-landmark-report-on-the-future-of-digital-banking-in-africa/

Politics

5 d. ago South Africa gets closer to full membership of biggest African trade bank

South Africa moved closer to becoming a full sovereign member of the Africa Export-Import Bank, the continent's leading provider of trade finance, after the cabinet gave its approval to the plan, the government said on Thursday.

Politics

6 d. ago African Leaders Demand Fair Finance System to Slash Capital Costs

News Ghana, Latest Updates and Breaking News of Ghana, Roger A. Agana, https://www.newsghana.com.gh/african-leaders-demand-fair-finance-system-to-slash-capital-costs/African finance and development figures have unveiled urgent proposals to reduce the continent’s crippling cost of capital, branding current borrowing terms unsustainable. At the Financing Africa Forward Summit in Johannesburg, convened by Standard Bank, Africa Practice, and partners, leaders revealed African nations pay up to 500% more for market loans than multilateral financing. With debt […] News Ghana, Latest Updates and Breaking News of Ghana, Roger A. Agana, https://www.newsghana.com.gh/african-leaders-demand-fair-finance-system-to-slash-capital-costs/

Politics

6 d. ago “Principled Advocacy Has Shaped Ghana’s Trade Landscape” – Shippers Authority CEO Celebrates Importers & Exporters Association at 11th Anniversary

News Ghana, Latest Updates and Breaking News of Ghana, Prosper Kay, https://www.newsghana.com.gh/principled-advocacy-has-shaped-ghanas-trade-landscape-shippers-authority-ceo-celebrates-importers-exporters-association-at-11th-anniversary/Exporters Association of Ghana (IEAG) marked its 11th anniversary with a high-profile event under the theme “11 Years of Trade Advocacy: Digital Transformation for a Competitive Future,” featuring a powerful keynote address by Professor Ransford Gyampo, CEO of the Ghana Shippers Authority. The event, held on Wednesday, also saw the official launch of IEAG’s new […] News Ghana, Latest Updates and Breaking News of Ghana, Prosper Kay, https://www.newsghana.com.gh/principled-advocacy-has-shaped-ghanas-trade-landscape-shippers-authority-ceo-celebrates-importers-exporters-association-at-11th-anniversary/

Culture

6 d. ago Black Queens enjoy Bank of Africa breakfast treat after WAFCON heroics

The meeting was to recognise the team for their resounding performance at the just-ended Women's Africa Cup of Nations (WAFCON) tournament, which was staged in Morocco.

Politics

8 d. ago Libyan Islamic Bank modernizes consumer banking services with Backbase

News Ghana, Latest Updates and Breaking News of Ghana, AMA, https://www.newsghana.com.gh/libyan-islamic-bank-modernizes-consumer-banking-services-with-backbase-2/Backbase and Libyan Islamic Bank go live with a seamless new platform, bringing digital-first banking to Libyan customers. TRIPOLI, Libya, 5 August 2025-/African Media Agency (AMA)/- Backbase, the global leader in AI-powered banking technology, today announced the recent successful platform launch of Libyan Islamic Bank (LIB), one of the country’s fastest-growing financial institutions. This achievement represents […] News Ghana, Latest Updates and Breaking News of Ghana, AMA, https://www.newsghana.com.gh/libyan-islamic-bank-modernizes-consumer-banking-services-with-backbase-2/

Politics

9 d. ago MTN partners Absa Bank and Nova Business School to empower SME business owners

In a bid to support the growth and development of Ghana's business landscape, MTN Ghana and Absa Bank have partnered with Nova Business School Africa to offer a 6-month training program for top business owners.

Culture

3 w. ago Trump’s tariffs put 100,000 jobs at risk in South Africa, central bank chief says

U.S. President Donald Trump's tariffs on South Africa could cause around 100,000 job losses, with the agriculture and automotive sectors hardest hit, central bank governor Lesetja Kganyago said on Wednesday.

Politics

4 w. ago WAIFEM workshop urges regional collaboration on currency management and forecasting

The West African Institute for Financial and Economic Management (WAIFEM) has concluded a five-day regional workshop in Accra focused on Currency Management and Forecasting across West Africa. The workshop brought together senior representatives from the central banks of Gambia, Ghana, Liberia, Nigeria, and Sierra Leone to deepen institutional capacity in managing currency operations, enhancing forecasting […]

Politics