Banks can close digital gap through fintech alliances - Prudential Bank Ag. MD

The Bank of Ghana (BoG) has urged fintech companies to move beyond expanding access to digital wallets and focus on increasing their actual use for payments, as SaoPay begins operations as a new Dedicated Electronic Money Issuer (DEMI).

GCB Bank is using transaction data generated by micro, small and medium-sized enterprises (MSMEs) to extend unsecured loans of up to GH¢1 million, seeking to overcome poor record-keeping and documentation gaps that often restrict their access to formal credit.

Ghana’s annual inflation rate rose to 5.2 percent for September 2026 from 5 percent in August, with locally produced goods and services causing the bulk of price pressures.

Ghana is seeking to attract more private capital into biotechnology by making regulatory processes clearer and more predictable, as government positions the sector to support projects in healthcare, agriculture and industrial production.

Minister for Foreign Affairs, Samuel Okudzeto Ablakwa, has visited the VFS Global Visa Application Centre in Accra as part of a wider inspection of conditions facing Ghanaians seeking visas.

The former Director-General (DG) of the Cyber Security Authority (CSA), Dr. Bernard Antwi-Boasiako’s, book took the spotlight at the United Nations Congress on Crime Prevention and Criminal Justice, as Ghana’s regulatory model draws global attention.

The Bank of Ghana (BoG) is preparing to tighten banks’ credit risk management requirements as private-sector lending accelerates, with the regulator warning that rapid credit expansion must be matched by stronger underwriting and risk controls.

Sub-Saharan Africa’s economy remains resilient despite geopolitical tensions, climate shocks, declining development assistance, and fiscal pressures.