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IMF Revises Ghana’s 2021 Growth Forecast To 4.7%

The International Monetary Fund (IMF) has revised Ghana’s growth rate marginally by 0.1% to 4.7% in 2021, representing 0.2% lower than the World Bank’s growth forecast of 4.9% for the year. The Washington-based multilateral institution, which gave the latest prediction in its October 2021 World Economic Report, also projected that Ghana’s economy would expand by […]

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Ghana Records 3.9% GDP Growth In Q2, 2021

The Ghanaian economy recorded 3.9% year-on-year (YoY) growth in the second quarter of this year, up from 3.1% growth in the preceding quarter. According to data by the Ghana Statistical Service (GSS), the Q2,2021 performance, however, showed that when compared with the 5.7% (yoY) growth recorded in the corresponding quarter of last year (Q2,2020) the […]

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Climate Change: GCA opens Africa Office, as AfDB Assures $25Bn Support

The opening of a regional office by the Global Center on Adaptation (GCA) on Wednesday has elicited commendations from African leaders who expressed the hope that the step would spur the continent’s efforts to combat climate change. Several regional and global leaders attended the high-level virtual launch. Key speakers included the 8th UN Secretary-General Ban […]