Gold had already been on a strong run in 2025, when it repeatedly set new records and its price ultimately surged 64% over the year – its largest annual gain since 1979.
Category: Industry
Protect People, Not Prices – Business Leader Rejects Fuel Tax Cuts and Subsidies
The CEO of Dalex Finance, Joe Jackson, has rejected calls for fuel tax cuts and subsidies, warning that such measures could worsen Ghana’s economic outlook.
Uganda Engages its Diaspora in Japan on National Policy Framework for Inclusive Development
Kampala, Uganda// — The Government of Uganda, through its Diaspora Services Department in collaboration with the Embassy of the Republic of Uganda in Tokyo, convened an outreach engagement with members of the Ugandan community in Japan to advance consultations on the formulation of a National Diaspora Policy.
World Bank’s Report: Sub-Saharan Africa’s Growth Holds, But Downside Risks Mount
Washington, US//, April 8, 2026—Sub-Saharan Africa’s economic recovery from a decade of global shocks is showing signs of stalling, with growth projections for 2026 revised downward by 0.3 percentage points from estimates previously published in October 2025, according to the latest edition of the Africa Economic Update, the World Bank Group’s biannual economic report for the […]
Ghana’s Economy Shows Recovery Signs, But Risks Persist – S&P Maintains Stable Outlook
Ghana’s sovereign credit rating has been affirmed at ‘B-/B’ with a stable outlook by S&P Global Ratings, reflecting improving economic conditions alongside persistent fiscal and external risks.
Global Imbalances: Old Questions, New Answers?
Widening global current account imbalances are best addressed by simultaneous domestic policy adjustments. Industrial policy and tariffs offer a costly fix with unreliable effects on imbalances. Global current account imbalances are widening again, reversing a decade of steady decline following the global financial crisis.
The Impacts of the Middle East Conflict on Africa
Morocco// — The global economic environment has become increasingly volatile with the rising frequency of major shocks worldwide. Amid spikes in energy, food and fertiliser prices caused by the ongoing conflict in the Middle East, the African Development Bank (AfDB) (www.AfDB.org), the African Union Commission (AUC), the United Nations Development Programme (UNDP), and the UN […]
Afreximbank Partners with African Energy Week 2026 to Drive Africa-Led Energy Deals
Cape Town, South Africa// — The African Export-Import Bank (Afreximbank) has been confirmed as a Partner of African Energy Week (AEW) 2026, taking place October 12–16 in Cape Town. Its participation underscores the event’s role as a premier investment platform, positioning the bank at the centre of deal-making across oil, gas, power and energy infrastructure.
Ghana: VIP Jeoun Transport Increases Fares, Effective Tomorrow
VIP Jeoun Transport has announced a nationwide increase in transport fares, with the new charges taking effect from Wednesday, April 8.
Ghanaian Winner of 2025 Aster Guardians Global Nursing Award Launches Foundation
Accra, Ghana// – Ghanaian nurse and winner of the 2025 Aster Guardians Global Nursing Award, Naomi Oyoe Ohene Oti, has officially launched the Cancer Care Africa Foundation (CanCAF), along with its flagship initiative, the “Cancer Genetic Counselling Certificate Programme for Oncology Nurses in Africa” (CGCP-ON Africa), marking a significant milestone in Africa’s progress towards stronger, […]