Search

Ghana’s economy grows 5.3% in Q1 2025 on services and gold boost

Breaking News
© Allen Dreyfus
  • Non-oil GDP climbs 6.8% as cocoa and gold exports rebound sharply
  • Record artisanal gold exports and tripled cocoa revenues lift external position

Accra, Ghana – Ghana’s economy expanded by 5.3% year-on-year in the first quarter of 2025, marking an improvement from the 4.9% recorded in the same period a year earlier. The stronger growth was powered by a sharp rebound in gold and cocoa production, along with continued momentum in the services sector, according to provisional data released Wednesday by the Ghana Statistical Service.

Recent Business

Street vendor selling goods in traffic in Ghana. Photo by Carbell Sarfo @Pexels
Ghana’s T-bill warning signal: why seven straight auction misses are raising investor red flags
Read More »
Industrial gas flaring. Photo by Yerevan Malerva @ Pexels
Algeria’s gas bet deepens amid Europe’s scramble for reliable supply
Read More »
Africa start-up funding shifts as early-stage deals decline. Photo by Kay Asante @ Unsplash
Africa’s start-up boom on shaky ground: where have the early-stage bets gone?
Read More »

Recent Politics

The Prime Minister of India, Shri Narendra Modi visiting Sri Venkateswara Swamy Temple. Photo @ Wikimedia Commons
India’s Horn of Africa strategy has shifted: what it’s trying to do and how it could work
Read More »
Nigerian youth on the street. Photo by Salem Ochidi @ Unsplash
Treason case lays bare Nigeria’s hidden power struggles under Tinubu
Read More »
Benin Finance Minister Romuald Wadagni. Photo @Romuald Wadagni/Facebook
Benin election 2026: From fiscal discipline to political delivery - Wadagni’s real test begins
Read More »

Latest Posts

Latest news insights