Ghana wants to be a petroleum hub in Africa by 2030

Ghana wants to be a petroleum hub in Africa by 2030

Plans are still ongoing to make Ghana, an exporter of crude oil, a petroleum hub in the sub-region by 2030. The hub, which will be established in the Western Region, the region where the oil was discovered in Ghana, is expected to cost around US$60 billion. The hub...
Bank of Ghana maintains policy rate for the third time

Bank of Ghana maintains policy rate for the third time

The Monetary Policy Committee of the central bank has announced that the policy rate has been maintained at 16 percent for the time in a row given recent developments that have slowed the disinflation process. Inflation moved to 9.5 percent in April from the 9.3...