Search

Ghana’s Economy Expands by 6.9% in Q2 2024, Driven by Strong Industrial Growth

Ghana’s Economy Expands
  • Ghana’s economy grows by 6.9% in Q2 2024, the highest quarterly growth since 2019
  • Non-oil GDP also rises 7%, with the industrial sector leading the expansion at 9.3%

Accra, Ghana – Ghana’s economy grew by 6.9% in the second quarter of 2024, a significant increase compared to the 2.5% growth recorded in the same period last year, Government Statistician Professor Samuel Kobina Annim announced Wednesday. Non-oil GDP also saw robust growth, rising by 7% in the second quarter compared to 3.1% in the same period in 2023.

Recent Business

Abiy Ahmed Ali, Prime Minister of Ethiopia. Photo @Abiy Ahmed Ali/X
Why Africa’s AI future now runs through Ethiopia and what Abiy Ahmed’s new AU role means
Read More »
Chief Executive of Dangote Industries Limited, Aliko Dangote. Photo: Dangote Industries LinkedIn/Water Forward Event
What Dangote’s East Africa refinery gamble means for Africa’s $120bn fuel import bill
Read More »
Electronics engineer fixing cables at a Data Centre. Photo @ Pexels
Why Africa must build data centres fast or lose its digital future
Read More »

Recent Politics

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 »
Kinshasa, Democratic Republic of Congo. Photo by Johnnathan Tshibangu @ Unsplash
Why DR Congo is taking in US deportees — and what Africa gains or risks
Read More »

Latest Posts

Latest news insights