Ghana Business News

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Eric Adjei (left), CEO of NEIP, and Louv Ford CEO of SWIM, exchanging the signed MOU
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SWIM and NEIP partner to train 5,000 students in digital skills

The Students Workforce and Innovation Movement (SWIM) has signed a Memorandum of Understanding (MoU) with the National Entrepreneurship and Innovation Programme (NEIP) to launch the SEED initiative. This partnership is designed to equip 5,000 Ghanaian students annually with essential digital skills, mentorship, and direct industry connections. By focusing on practical application, the programme aims to help young people transition from academic study to successful careers in the modern digital economy. Minister of Youth Development, George Opare Addo, highlighted the importance of this partnership during the signing ceremony, stating that relevant skills and professional networks are the primary catalysts for youth success. The SEED initiative will specifically target training in emerging fields such as Artificial Intelligence (AI) and blockchain technology. These sectors were identified as critical areas where Ghanaian youth can develop a competitive edge and drive national innovation. The partnership between SWIM and NEIP is built on the shared objective of bridging the gap between current educational outcomes and real-world market demands. In addition to technical training, the initiative will provide students with access to a mentorship network designed to help them translate innovative ideas into practical business opportunities. This approach is intended to encourage entrepreneurship while also preparing a new generation for the complexities of modern employment. To maximise the reach and impact of the SEED initiative, both organisations have called for support from the Ghanaian diaspora and local stakeholders. By securing broader cooperation, SWIM and NEIP intend to create a sustainable model for youth development that can scale to meet the needs of students nationwide. This initiative marks a significant step in the broader effort to position Ghana's youth as leaders in the global digital landscape.

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MTN Ghana graduates 88 entrepreneurs from its 2026 Mini MBA programme

MTN Ghana has successfully graduated 88 entrepreneurs from its 2026 Mini Master of Business Administration (MBA) programme, an initiative designed to strengthen the capacity of Small and Medium-sized Enterprises (SMEs) across the country. Conducted in collaboration with the Nova Business School, the 13-week intensive course is a key component of the MTN Business SME Accelerate initiative. The programme aims to equip business owners with the practical tools necessary to drive economic growth and foster job creation within the Ghanaian economy. The curriculum for the Mini MBA was specifically tailored to address challenges identified during previous SME clinics. Participants underwent rigorous training in essential business areas, including strategic financing, sustainability, bookkeeping, and digitisation. By focusing on these core competencies, the programme seeks to enhance the competitiveness of local businesses and ensure they are better prepared to navigate the complexities of the modern marketplace. During the graduation ceremony, Angela Mensah Poku, Chief Enterprise Officer of MTN Ghana, praised the participants for their dedication to professional growth. She highlighted the importance of adapting to digital disruption and changing customer expectations, encouraging the graduates to apply their new knowledge to build resilient, competitive enterprises. Mensah Poku also urged the entrepreneurs to serve as mentors to others, thereby multiplying the impact of their training within the wider business community. Prof. Matthew Chameleon, CEO of the Nova Business School, expressed his appreciation for the partnership with MTN Ghana, noting the vital role the private sector plays in national development. He emphasized that the programme succeeds by aligning individual business projects with broader corporate strategies. This cohort of graduates represents a significant step forward in MTN Ghana’s ongoing commitment to supporting the entrepreneurial ecosystem through mentorship and practical business assistance.

Ghanaian tour operator wins Africa Travel 100 award
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Mary Nyamekye Asamoah wins Africa Travel 100 Tour Operators Award

Ghanaian entrepreneur Mary Nyamekye Asamoah, the Chief Executive Officer of Spotless Travel and Tours and Spotless Aviation, has been honored with the prestigious Africa Travel 100 Tour Operators Award 2026. The ceremony took place during the Akwaaba Travel Market in Nigeria, where she was recognized for her significant contributions to the development of the travel and tourism sector across the African continent. This award highlights her dedication to industry excellence and her growing influence as a leading figure in West African tourism. Asamoah’s professional journey in the industry began as a cabin crew member with Starbow Airline, a role that served as the foundation for her passion for aviation and travel. Since transitioning into entrepreneurship, she has expanded her operations to include the Spotless Aviation and Professional Training Institute. A notable innovation of her training program is the use of an actual aircraft as a simulated environment, providing students with practical, hands-on experience in aviation and hospitality services before they enter the workforce. Beyond her business operations, the award acknowledges Asamoah's commitment to youth empowerment and skills development within the sector. She has been instrumental in organizing tours that promote diverse African destinations while simultaneously mentoring the next generation of professionals. Looking ahead, Asamoah has expressed a long-term ambition to establish her own airline, a vision she believes will further empower African professionals and enhance connectivity within the regional aviation market.

COMAC donates cash and fuel for Agbogbloshie landfill cleanup
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COMAC donates cash and fuel for Agbogbloshie landfill cleanup

The Chamber of Oil Marketing Companies (COMAC) has presented a donation of fuel coupons and cash to the Ministry of Local Government to support the evacuation of waste from the Agbogbloshie landfill site. This contribution is aimed at facilitating the logistics of transporting accumulated waste from the site in Accra to the Adepa Waste Engineered Landfill Site. The initiative forms part of a collaborative effort to improve urban sanitation and address long-standing environmental concerns at one of the capital's primary waste collection points. Led by CEO Dr. Riverson Oppong, the COMAC delegation detailed specific contributions from several member companies. Rash Oil provided fuel coupons valued at GH‵100,000, while JP Trustees contributed GH‵50,000. In addition to these cash-equivalent supports, Petrosol Platinum donated GH‵20,000 worth of diesel, and CAB Energy provided 500 litres of diesel. These resources are intended to power the heavy machinery and transport vehicles required for the large-scale waste removal operation. During the presentation to the Minister for Local Government, Dr. Oppong emphasized the importance of the sanitation exercise to the health and well-being of the local community. He noted that the chamber remains committed to supporting government initiatives that improve the lives of Ghanaians and pledged that COMAC would continue to provide updates and further contributions to the ministry as the project progresses. The evacuation of the Agbogbloshie landfill site represents a critical step in the government's broader sanitation strategy. By moving waste to the Adepa Waste Engineered Landfill Site, the ministry aims to utilize more modern, environmentally secure disposal methods. This partnership between the state and the private oil marketing sector highlights the role of corporate social responsibility in addressing public infrastructure and sanitation challenges.

Dr. James Condua Orleans-Lindsay leads new FIABCI Ghana chapter
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Dr. James Condua Orleans-Lindsay leads new FIABCI Ghana chapter

The International Real Estate Federation (FIABCI) has officially launched its Ghana Chapter, marking a significant milestone for the country's property sector. Dr. James Condua Orleans-Lindsay was inaugurated as the Founding President during the launch event, which aims to integrate Ghana's real estate industry into the global market. This initiative provides local professionals with a platform to collaborate with international counterparts and adopt world-class standards. The Ghana Chapter of FIABCI intends to act as a bridge between various disciplines within the real estate value chain, including developers, brokers, and consultants. By joining this global network—which was originally established in Paris in 1948—Ghanaian practitioners gain access to extensive research, advocacy resources, and strategic partnerships. Dr. Orleans-Lindsay highlighted that the organization will focus on enhancing the visibility of Ghana’s real estate market on the world stage while promoting professional ethics and higher standards of practice. A primary objective of the new chapter is to address the persistent housing deficit in Ghana. Dr. Orleans-Lindsay emphasized the necessity of collaboration between the private sector and government to foster sustainable urban development. The chapter plans to leverage its global expertise to propose innovative solutions for affordable housing and urban planning, ensuring that the nation's rapid urbanization is managed effectively and sustainably. The establishment of FIABCI Ghana signifies a shift toward a more structured and globally aligned real estate sector. As the chapter begins its operations, it is expected to lead advocacy efforts for policy reforms that benefit both investors and home seekers. By fostering an environment of professionalism and international cooperation, FIABCI Ghana aims to drive economic growth and improve the overall quality of the built environment across the country.

Rita Rockson (middle), Head of Sustainability and CSR, receiving the award on behalf of Telecel Ghana from Guillaume Valence (2nd from right), President of the Board of CCI France Ghana
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Telecel Ghana wins two awards at CCIFG Gala for digital innovation

Telecel Ghana has been recognized for its leadership in digital transformation and sustainability at the 2026 Chamber of Commerce and Industry France-Ghana (CCIFG) Awards. The telecommunications giant secured two major honors: the Digital Transformation and Innovation Excellence award and the Sustainability and Environmental, Social, and Governance (ESG) Impact award. These accolades, presented during the CCIFG Gala, reflect the company's dual focus on technological advancement and responsible corporate citizenship within the Ghanaian market. The CCIFG Awards evaluate companies across various sectors through a multi-sectoral jury, which this year highlighted Telecel’s strategic investments in technology and its commitment to environmental stewardship. The company’s ESG efforts were particularly noted for their tangible environmental impact, including the successful planting of 43,000 trees over the past five years and the integration of renewable energy solutions into its operations. Beyond environmental conservation, the jury recognized Telecel's social initiatives, which have reached more than 6,000 beneficiaries through programs focused on education and digital inclusion. Telecel Ghana's External Affairs Director stated that these awards validate the company’s mission to provide long-term value through meaningful digital transformation alongside significant societal contributions. The recognition underscores a broader industry trend where corporate success is increasingly measured by both technological output and ethical business practices. Moving forward, Telecel indicated it will continue its trajectory of innovation while maintaining its commitment to environmental sustainability and community development initiatives.

A photograph showing the JoyNews Habitat Fair event with attendees interacting at various exhibition booths under white canopies. A prominent roll-up banner for Green Opal Properties displays a 5-year flexible home ownership plan, while several corporate sponsor logos appear at the bottom.
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Republic Bank–JoyNews Habitat Fair opens at Ho Sports Stadium

The Republic Bank–JoyNews Habitat Fair has officially commenced at the Ho Sports Stadium in the Volta Region, bringing together 19 institutions to offer comprehensive housing and construction solutions. The three-day event, which runs from October 16 to October 18, 2023, serves as a centralized hub for prospective homeowners, property seekers, and investors to engage directly with industry leaders and service providers. Despite light showers during the opening day, the event attracted a steady stream of visitors eager to explore property ownership and building opportunities. This year’s fair features a diverse range of exhibitors, including prominent property developers such as Nestas Homes Limited, Adonai Estate Limited, and TDC Ghana Limited. These companies are showcasing various housing options aimed at meeting the growing demand for residential property in the region. Additionally, construction specialists like Lipe Builders & Contractors and material suppliers such as Interplast, Vol-link Roofing System, and Sintex Tanks are providing attendees with essential resources for building and renovation projects. Financial accessibility and security remain core themes of the fair, with Republic Bank offering specialized banking and mortgage solutions tailored to the needs of the housing market. Other key participants, including DoorMaster and Virtual Security Africa, are presenting modern security and finishing solutions, while MTN is present to offer digital and connectivity services. The fair provides a unique environment for patrons to negotiate deals and receive professional advice on everything from water storage to home security. By facilitating direct interaction between consumers and 19 different institutions, the Republic Bank–JoyNews Habitat Fair aims to simplify the complexities of the Ghanaian housing sector. The event provides a vital platform for networking and education, ensuring that visitors leave with a clearer path toward homeownership or the successful completion of their construction projects in the Volta Region.

Senok West Africa launches JCB machinery range in Ghana
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Senok West Africa launches JCB machinery range at Fiesta Royale Hotel

Senok West Africa Limited has officially launched its latest range of JCB heavy machinery in Ghana, marking a significant entry into the country's industrial equipment market. At a ceremony held on October 14, 2026, at the Fiesta Royale Hotel in Accra, the company was introduced as the sole authorized dealer for JCB. The event brought together government representatives, industry leaders, and technical partners to explore advanced engineering solutions tailored for Ghana’s expanding mining and construction sectors. Roshan Buddhagamage, the Country Manager of Senok West Africa, emphasized that the company’s mission extends beyond the sale of machinery. Since its establishment in December 2025, Senok has focused on providing reliable after-sales support and ensuring that local businesses have access to the expertise required to maximize the utility of their equipment. Mr. Buddhagamage highlighted the importance of localized technical skills, noting that the company is committed to training Ghanaian technicians to maintain and repair the JCB fleet, ensuring long-term operational sustainability for its clients. Reinforcing this commitment to human resource development, Rupesh Nagar, Deputy Managing Director at JCB, pointed out that the company aims to replicate its success in East Africa, where it has trained more than 5,000 technicians. He explained that building a competent local workforce is essential for supporting Ghana's infrastructure development and industrial growth. According to Mr. Nagar, the JCB range is designed for efficiency, offering low operational costs and the security of a steady supply of genuine spare parts through Senok’s distribution network. The launch comes at a time when Ghana’s investment climate is increasingly focused on industrialization and job creation. By combining high-performance machinery with a robust technical training program, Senok West Africa and JCB seek to play a pivotal role in the nation's infrastructure journey. This strategic partnership is expected to bolster the capacity of local firms to take on large-scale projects while providing specialized employment opportunities for the next generation of Ghanaian engineers and technicians.

A farmer displaying cocoa seedlings raised with the soilless media technology
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Ghana Cocoa Board adopts soil-free technology for seedling production

The Ghana Cocoa Board (COCOBOD) has announced a strategic partnership with Chrysfibre to implement a soil-free technology for raising cocoa seedlings. This innovative method utilizes milled coconut husk enriched with Nitrogen, Phosphorus, and Potassium (NPK) to replace the traditional use of topsoil. By transitioning to this soilless medium, COCOBOD aims to standardize seedling quality while addressing long-standing environmental concerns associated with conventional nursery practices. The initiative specifically targets the reduction of soil degradation and the elimination of single-use plastic polythene bags, which are standard in traditional nurseries. As part of the roll-out, Chrysfibre, a specialist in soilless agricultural media, has begun training officers from COCOBOD's Seed Production Division (SPD). These sessions focus on the technical handling of the new media to ensure that the seedlings produced are robust and capable of thriving once transplanted into the field. This technological shift comes at a critical time for Ghana’s cocoa industry, which is currently grappling with a projected 16% decline in output for the upcoming season. COCOBOD is prioritizing such innovations to modernize the sector and improve yield resilience. By adopting sustainable and efficient production methods, the board hopes to mitigate the impact of environmental challenges and secure the long-term viability of cocoa farming in Ghana.

The image displays the official corporate logo of Absa Group Limited. It features the word 'absa' in white lowercase lettering centered within a broken white circular border, all set against a vibrant solid red background.
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Ghana ranks joint sixth in 2026 Absa Africa Financial Markets Index

Ghana has secured the joint sixth position alongside Botswana in the 2026 Absa Africa Financial Markets Index (AFMI), marking a significant improvement in the country's financial market standing. According to the report, Ghana achieved an overall score of 64, a notable increase from the score of 58 recorded in the 2025 assessment. This advancement reflects the country's ongoing efforts to enhance market accessibility, transparency, and the general environment for investment within its borders.The primary driver behind Ghana's upward trajectory in the index is the robust performance of the equities market on the Ghana Stock Exchange (GSE). While Ghana climbed the ranks, South Africa maintained its leadership position at the top of the continent with a score of 85. Rounding out the top five performers ahead of Ghana were Mauritius, Namibia, Uganda, and Kenya. The index evaluates 29 African nations across several pillars, assessing their readiness to attract international capital and sustain robust financial systems.Beyond Ghana's specific performance, the AFMI report highlights a generally improving macroeconomic environment across much of Africa. Many surveyed nations have experienced increased GDP growth and a trend of declining inflation, contributing to more stable market conditions. However, the report also notes that significant vulnerabilities remain in specific markets, particularly highlighting ongoing challenges in Zimbabwe, Malawi, and Ethiopia.The Absa Africa Financial Markets Index serves as a critical benchmark for investors and policymakers to gauge the health and transparency of financial markets across the continent. For Ghana, the improved score signals a recovery in market confidence and provides a foundation for further reforms. As the country continues to navigate its economic recovery, the focus on strengthening market infrastructure and maintaining transparency remains essential to attracting both domestic and foreign institutional investment.

Ghana Shippers’ Authority concludes nationwide LOC sensitisation campaign
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Ghana Shippers’ Authority concludes nationwide LOC sensitisation campaign

The Ghana Shippers’ Authority (GSA) and the Bank of Ghana (BoG) have successfully concluded a nationwide sensitisation campaign focused on the revised Letter of Commitment (LOC) guidelines. This initiative was designed to educate exporters across the country on the critical legal requirements surrounding the repatriation of export proceeds. By engaging directly with businesses in multiple regions, the two institutions sought to clarify the administrative processes necessary for compliant international trade and address specific hurdles faced by the shipping community. A central objective of the campaign was to ensure that all export earnings are returned to Ghana through the formal banking system within the mandated timeframes. The Letter of Commitment serves as a key regulatory tool used by the Bank of Ghana to track exports and monitor the subsequent foreign exchange inflows. During the various regional sessions, officials from both the GSA and the BoG provided technical guidance on how to navigate the revised guidelines, aiming to reduce compliance challenges that have previously hindered timely repatriation. The completion of this sensitisation drive marks a significant effort to enhance national economic stability through improved foreign exchange management. By fostering better understanding and adherence to the LOC protocols, the authorities aim to bolster the country’s reserves and ensure more transparent financial transactions within the export sector. Moving forward, exporters are encouraged to maintain strict compliance with these formal banking requirements to support the broader health of the Ghanaian economy.

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UK-Ghana Chamber of Commerce launches Trade Resource Centre

The UK-Ghana Chamber of Commerce (UKGCC), in partnership with the UK-Ghana Jobs and Economic Transformation (JET) Programme, has launched the UK-Ghana Trade Resource Centre to streamline trade between the two nations. Announced at the conclusion of the three-day UK-Ghana Trade & Investment Summit held in Accra from January 6 to 8, 2026, the new platform is designed to serve as a comprehensive hub for businesses looking to expand their footprint in either market. The initiative marks a significant step in strengthening the economic ties that underpin the existing trade relationship. The primary objective of the Trade Resource Centre is to facilitate market access for both exporters and importers by providing critical data and guidance. Adjoba Kyiamah, the Executive Director of the UKGCC, explained that the centre will address persistent information gaps that often hinder cross-border commerce. By offering specialized support, the platform will help businesses identify viable commercial partnerships and capitalize on emerging trade opportunities that might otherwise go unnoticed due to the complexities of international markets. A key component of the centre's mission is assisting Ghanaian and British enterprises in navigating the intricacies of the UK-Ghana Trade Partnership Agreement (TPA). With bilateral trade currently valued at approximately £1.6 billion, the TPA provides the legal and regulatory framework for exchange between the two countries. The new resource centre will offer practical assistance to ensure that businesses fully understand the benefits and requirements of the agreement, allowing them to operate more efficiently and competitively. This launch comes at a time when both nations are looking to deepen their economic cooperation through sustainable investment and job creation. By providing a centralized point for trade intelligence, the UK-Ghana Trade Resource Centre is expected to drive growth for small and medium-sized enterprises as well as larger corporations. The successful rollout of the platform is seen as a major outcome of the summit, signaling a commitment to removing barriers and fostering a more robust bilateral economic environment.