GMA, CMU deepen maritime education ties

Government is shifting its focus in the oil palm industry from policy formulation to implementation as it seeks to close a 150,000-metric-tonne production deficit and achieve self-sufficiency by 2032.

The government has moved to tighten enforcement around electricity transmission corridors following the damage of a Ghana Grid Company Limited (GRIDCo) pylon at Ashaiman Middle East, with operators in the affected area given one month to vacate.

Ghana’s economic recovery is gaining momentum, but sustaining the stronger growth trajectory will depend on deeper structural reforms, industrialisation and export diversification, according to Deloitte’s analysis of the 2026 Mid-Year Budget Statement.

Karpowership Ghana has organised a capacity-building training for fishermen and fishmongers from Sekondi and Essikado, focusing on environmental safety awareness, fire prevention, hygienic fish handling and financial management.

Ghana’s ambition to build a productive 24-Hour Economy could face a major financing constraint unless the country changes how it funds agriculture and industry, with private-sector players proposing a Value Chain Industries Bank (VCIB) to provide long-term capital from raw-material production through manufacturing to the final market.

Ghana’s economic growth slowed to 5.1 percent year-on-year in May 2026, as a sharp moderation in agriculture offset continued strength in services and industry's modest expansion.

Business confidence remained robust in the second quarter of 2026, with the Association of Ghana Industries (AGI) Business Barometer recording an index of 108.7 despite persistent cost pressures and challenges confronting the real sector.

The Chief Executive Officer (CEO) of Development Bank Ghana (DBG), Prof. Randolph Nsor-Ambala, has indicated DBG is designing a bespoke financing toolkit for the oil palm industry that will cater to the requirements of individual value chain actors.