Business News

The latest Business news and stories from Ghana and Africa on GhanaEco.

NACOC Issues Ghana's First Cannabis Cultivation Licences Under New Regulatory Framework — The Narcotics Control Commission has approved its first cultivation licences while cautioning against unauthorized recreational use.
Mahama Declares $3 Billion IMF Bailout Must Be Ghana's Last as Economy Rebounds — President John Mahama has called on Ghana to break the cycle of seeking international financial assistance, declaring that the recently concluded $3 billion IMF Extended Credit Facility must be the country's last bailout.
Ghana and Côte d'Ivoire Sign Historic Cocoa Pricing Deal to Protect Farmers — Presidents John Mahama and Alassane Ouattara signed a landmark agreement in Abidjan to harmonize cocoa producer pricing policies and promote a sustainable cocoa economy.
Ghana Cedi Strengthens Against Dollar as World Cup Buzz Boosts Tourism and Investment Interest — The Ghana cedi has recorded a modest appreciation against the US dollar this week as global attention on the 2026 FIFA World Cup drives increased tourism spending and renewed investor interest in the Ghanaian economy.
Ghana Receives Two Locomotives and 20 Freight Wagons to Boost National Rail Cargo Operations — Ghana has taken a major step in revamping its rail infrastructure after receiving two brand new locomotives and 20 freight wagons, aimed at boosting cargo transportation across the country.
Charcoal Now Ghana's Biggest Inflation Driver as Prices Surge 50% — Government Statistician — Ghana's Government Statistician has identified charcoal as the single biggest driver of inflation in June 2026, with prices surging over 50% in just months, hitting low-income households hardest across the country.
Charcoal Now Ghana's Biggest Inflation Driver as Prices Surge 50% — Government Statistician — Ghana's Government Statistician has revealed that charcoal has become the country's biggest driver of inflation, with prices soaring by 50% and putting enormous pressure on households, particularly low-income families who rely on it as their primary cooking fuel.
Ghana Maintains Cocoa Producer Price Despite Global Market Decline — The Ghanaian government has announced it will maintain the current cocoa producer price for the 2025/26 Light Crop Season, even as global cocoa prices continue to fall, providing relief to thousands of farmers who depend on the crop for their livelihoods.