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

Oil refinery. Photo by Devon Chandler @ Pixabay
Uganda’s oil refinery delayed until 2029–2030 as crude exports start earlier
Read More »
Railway workers inspecting a rail track. Photo by Javad Esmaeili @ Pixabay
Angola opens Namibe Corridor rail concession to global investors
Read More »
Oil field. Photo by Redhawk Investment Group @ Pixabay
Senegal’s export boom hits record as oil, gold surge reshape economy
Read More »

Recent Politics

African military exercise. Photo by Alexander McKinley @ Unsplash
Can a US-brokered deal finally end the DRC - Rwanda conflict?
Read More »
Patrice Talon, President of Benin Photo @Patrice Talon/Facebook
Benin coup attempt foiled as ECOWAS warns of regional force deployment
Read More »
William Ruto, President of The Republic of Kenya. Photo: @ William Ruto/Facebook
Ruto strengthens 2027 re-election bid as UDA sweeps key Kenya by-elections
Read More »

Latest Posts

Latest news insights