All Countries and All Sectors

After a cyclical lapse lasting two years, Ghanaian capital markets showed promising signs of a steady recovery during the course of 2017. The first year of the government of President Nana Akufo-Addo has seen an improvement in key macroeconomic indicators and a return to strong growth, which along with the steady issuance of new government...

With a population of 27.4m people growing a rate of 2.3% per year, the provision of reliable electricity and clean water has become a main focus for Ghana. The government has made strides in the past decade, particularly in achieving UN Millennium Development Goals related to increased water access, but ensuring consistent service delivery for...

Known as the Gold Coast during British colonial rule, Ghana has been a significant source of the precious metal. In 2017, however, gold mining was overshadowed by news of a major investment agreement intended to develop the country’s substantial bauxite reserves.

After a smooth transition of power, the new government, in an effort to reduce income shocks that could affect future financing costs, restructured its debt profile by introducing 15-year domestic bonds to the market. A total of GHS207bn ($50bn) in securities were issued by the government of Ghana, the Ghana Cocoa Board, the Bank of Ghana and...

The Ghana Stock Exchange (GSE) ended September 2017 with the market index at 2326.09, representing a year-to-date (YTD) change of 37.71%, compared to -11.03% in the same period of 2016. The GSE Financial Stocks Index, which tracks the performance of financial stocks, settled at 2043.5, representing a YTD change of 32.23%, as compared to -12.82...

For more than 150 years the mining industry has been one of the key pillars of the Ghanaian economy. While it contributes a modest and – as a result of rising oil, gas and agricultural production – declining proportion of GDP, it remains a major source of government revenue, through taxation and royalty payments, and an indispensable driver of...