AGP Executive Report

Geoscience & Mining Tech: GGSA signs an MoU with Seequent/Bentley to upgrade Ghana’s digital geological modelling, training and data management. Food Security & Agriculture: Government distributes 1.7m poultry birds under Feed Ghana’s Nkoko Nkitsinkitsi and registers 45 licensed buying companies to purchase grains at guaranteed minimum prices to curb glut and price swings. Water Sector Capacity: Ghana Water Ltd inaugurates the Governing Council of the Ghana Water Institute to lead training, research and professional development for West Africa’s water workforce. AfCFTA Readiness: Namibia launches an AIDA–AfCFTA country impact assessment report, with Ghana named among pilot countries. Digital Payments: enza wins a Central Bank of Ghana PSP Enhanced licence to expand regulated digital payments services. Banking Shake-up: Ghana International Bank CEO Dean Adansi is removed; a new CEO is named pending clearance. Flood Mitigation & Compliance: Ashaiman NADMO reiterates drain desilting, sensitisation and enforcement; meanwhile, Accra’s building safety and flood governance remain under scrutiny. Gold Value Addition: Ghana plans to ban export of unrefined gold by 2030 and build an ISO-certified assay/refining lab. Industrial Policy Pressure: Chamber of Commerce warns policy discontinuity is undermining Ghana’s industrialisation push under AfCFTA. World Cup Broadcast Economy: FIFA’s expanded 48-team format boosts Africa’s representation, with Ghana’s free-to-air coverage driving brand and sponsorship interest.

Economy Watch: Ghana’s GDP grew 6.4% in Q1 2026, led by services (+7.1%) and industry (+6.9%), with information and communication surging 25.2%—a sign digital activity is pulling the economy forward. Port & Logistics: Tema Port’s container terminal operator, Meridian Port Services (MPS), won fresh government praise after investments in modern equipment and tech, as Ghana pushes to strengthen its maritime and logistics hub status. Oil & Gas Investment: GNPC says Ghana is opening up for new offshore drilling, seeking global investors for 20 additional exploration sites while citing ongoing funding for Jubilee and TEN and the Sankofa–Gye Nyame gas push. Mining & Downstream: Tullow Oil cleared for further drilling on the Greater Jubilee plan, while Aurum Resources announced a maiden probable ore reserve for its Boundiali gold project—signals continued capital interest in Ghana’s wider resource sector. Water & Utilities: Ghana Water Limited (GWL) says repairs at Barekese Water Treatment Plant are completed early, restoring supply after a brief shutdown. Sanitation & Flood Control: Interior Minister Muntaka Mubarak says 70 seized excavators will be handed to NADMO for desilting nationwide to tackle flooding. Consumer Protection: EPAC calls for more investment in packaging to help Made-in-Ghana products compete, while GFL backs a “Verify Before You Buy” campaign against counterfeit and mislabelled goods. Local Revenue & Markets: Korle Klottey Municipal Assembly’s internally generated revenue jumped to GH¢40m in 2025, supporting market redevelopment and infrastructure.

Growth Watch: Ghana’s real GDP grew 6.4% in Q1 2026, with services up 7.1% (ICT +25.2%) and industry rising 6.9% on mining and oil recovery. Water & Utilities: Ghana Water Ltd restored production after completing repairs at the Barekese plant, with supply expected to improve in Kumasi and nearby areas. Banking Performance: Societe Generale Ghana reported 2025 profit after tax of GH¢397m as asset quality improved and investor confidence strengthened. Payments & Fintech: Yuno partnered Onafriq to help merchants access pan-African payments across 43 markets via a single API. Governance & Business Support: Parliament’s Free Zones Authority push continues, with calls to review the Free Zones Act to keep attracting investors. Tourism & Creative Arts: The Tourism Ministry asked Parliament for more backing to unlock funding, infrastructure and skills for 2026–2029 targets. Energy & Trade: Liberia and Ghana signed an energy regulation cooperation MoU between LPRA and GPC. Mining & Fiscal Debate: The Chamber of Mines says gold hit nearly a tenth of GDP in 2025 and warns mining fiscal regime changes could reshape investment. Fisheries: Norway and Ghana closed the Fish for Development Programme after seven years, with Ghana pledging to sustain reforms. World Cup Economy: With the tournament starting Thursday, Ghanaian communities abroad are planning viewing logistics and travel around the Black Stars.

Water & Utilities: Ghana Water Limited (GWL) will shut down the Barekese Water Treatment Plant for 48 hours (June 9–11), cutting supply to about 80% of Kumasi’s drinking water and affecting major neighbourhoods across Greater Kumasi. Agri-Industry & Trade: President Mahama secured a Belarus deal for 1,840 agricultural machines and says a delegation will visit Ghana next week to explore more investment, as part of the Feed Ghana push. Food Security Pressure: Peasant Farmers Association of Ghana (PFAG) is demanding a six-month ban on rice imports, blaming unsold local stocks and weak buffer purchases for farmer losses. Downstream Energy: Sentuo Oil Refinery’s first local crude refining is a milestone, but an expert warns the plant’s 40,000 bpd capacity may limit any fuel-price relief. Industrial Policy: Government plans tax incentives for factories set up outside Accra to decentralise industry and reduce congestion. Flood Governance: Mahama orders a comprehensive flood assessment after Accra flooding, while critics call it “waste of energy” and urge direct funding and enforcement. Health & Manufacturing: The West Africa Pharma & Healthcare Expo opens in Accra, pushing Ghana as a hub for health investment and local production, including plans for locally manufactured vaccines. Waste & Compliance: Stakeholders say Ghana leads Africa on waste treatment infrastructure, while GIISDEC plans a data centre to improve traceability in industrial materials regulation. Brand & Consumer Markets: Kasapreko’s GSE listing is set for June 15 after a heavily oversubscribed IPO, and Ahmad Tea names Ghanaian forward Antoine Semenyo as global brand ambassador ahead of the World Cup.

Mining & Regulation: Ghana’s Minerals and Mining Act overhaul is moving through Cabinet toward Parliament, with tougher oversight, stronger environmental enforcement, and improved licensing transparency aimed at curbing illegal mining and weak compliance. Energy & Industry: Sentuo Oil Refinery marked a major milestone with the first delivery of Jubilee crude for local refining, with Phase Two expansion flagged for June 24 to boost capacity and jobs. Agri-Industry & Food Security: Mahama directed NADMO and agencies to prepare a detailed flood situation brief after Accra flooding, while Afarinick distributed 400,000 improved cocoa seedlings in Volta to expand the next cocoa frontier. Logistics & Trade: Air Ghana is set to partner Ghana Shippers’ Authority to expand air cargo capacity and strengthen Ghana’s role as a West African trade hub. Digital Security: ECOWAS hackathon in Accra pushed for homegrown cybersecurity talent to protect digital sovereignty as ransomware and cyber fraud rise. Health & Community: Telecel extended healthcare access via free screenings and NHIS registration support in Ashanti mining communities. Infrastructure Safety: GNFS supervised demolition of an unsafe Osu building after the Avenor collapse, as Tema West and the Accra-Tema motorway saw flooding and a tanker crash with casualties.

Flood & Fire Relief: Stanbic Bank Ghana donated GH¢400,000 in relief items to NADMO for communities hit by recent flooding and a fire outbreak, including boots, raincoats, life jackets, food items and dignity kits. Aviation Investment: An Indian aviation delegation is in Ghana to explore investment opportunities at Ho Airport, including possible helicopter operations, with technical talks lined up with GCAA and GACL. Tax Administration: GRA assured businesses that ITAS won’t introduce new taxes, positioning it as a one-stop digital platform to simplify registration, filing and payments. Power Supply Disruptions: ECG announced planned maintenance outages on June 9 across parts of Eastern, Tema, Accra East/West, Volta and Ashanti regions. Environment & Climate: EPA marked World Environment Day urging attitude change on waste and tree planting, while reports warn El Niño and rising temperatures could strain agriculture and food prices. Agribusiness & Jobs: Ghana launched a $3.5bn AgriConnect compact targeting 2.6m jobs, alongside a policy move linking rice import permits to local investment. Mining & Water Security: Police arrested three people for illegal mining near GWL water lines in Winneba, seizing equipment and immobilising installations.

World Cup 2026: FIFA kicks off the 48-team tournament on June 11 across USA, Canada and Mexico, with Ghana’s Black Stars set to carry Ananse’s web to the world. ECOWAS Trade Talks: Private sector complaints about stalled trade commitments dominated Accra sessions ahead of AfCFTA push on customs harmonisation and digital trade. Rice Import Pressure: Farmers’ group PFAG demands a six-month halt to rice imports, citing unsold stocks and falling prices, plus tighter anti-smuggling enforcement and stronger public procurement rules. Tax Modernisation: GRA targets a September 2026 national rollout of ITAS after an Accra pilot, aiming for one digital taxpayer profile and simpler compliance. Mining & Value Addition: Government reiterates it won’t nationalise mines and pushes local refining after Sentuo receives jubilee crude, arguing crude exports with fuel imports are unsustainable. Standards Bottleneck: Ghana Standards Authority says it runs on one lab and about 1,000 staff nationwide, forcing costly sample hauls to Accra and slowing exporters. Accra Infrastructure & Safety: Potholes are blamed for GH¢4.5bn annual economic losses, while building collapses trigger demolitions and calls for stricter enforcement.

Construction Safety & Enforcement: Two people died and three were rescued after a two-storey building collapse at Avenor in Accra’s North Industrial Area, flattening a mosque; officials visited the site as calls grow for stricter building regulation enforcement. Tax Tech & Business Readiness: The Ghana Revenue Authority stepped up stakeholder engagement ahead of the Integrated Tax Administration System (ITAS) rollout, urging firms to prepare for a unified digital tax platform. Standards Capacity Crunch: Ghana Standards Authority says it’s highly understaffed, forcing producers and exporters to travel to Accra for certification and testing—slowing trade and raising costs. Port Reform Scrutiny: Media Coalition for Good Governance urged CSOs to support port modernisation with facts, warning that unverified claims could derail reforms. Mining Policy & Investor Signals: GIPC reassured investors Ghana is not anti-investment amid debate on mining ownership, while Lands Minister Emmanuel Armah Kofi Buah said contract mining is “no turning back.” Health Sector Tension: Ghana’s Health Ministry urged KATH doctors and nurses to return to work as investigations continue after the CEO suspension, amid pushback from medical associations. Agro-Industrial Partnerships: President Mahama toured Belarus dairy processing facilities, seeking technical solutions to cut post-harvest losses and boost Ghana’s food security. Diaspora & Remittances: Foreign Affairs Minister Ablakwa highlighted record $7.8bn remittances in 2025 and linked it to government’s evacuation and support efforts for Ghanaians affected by xenophobic attacks in South Africa. Electric Mobility for Districts: DACF and Wahu Mobility launched a pilot placing electric motorcycles in all 261 districts to support revenue and service delivery.

Building Safety & Enforcement: Avenor’s early-morning collapse in Accra killed one and left others trapped as GNFS, police and military continued rescue; officials say investigations will follow, while the Interior Minister vows an inquiry and urges MMDAs to tighten permit and site supervision. Flood Response & Urban Planning: Works and Housing Minister Kenneth Adjei orders evacuation of occupants in flood-prone waterways and unauthorised structures ahead of demolition, blaming human practices for worsening floods; EPA also warns “the planet is no longer negotiating” and points to dumping and building on waterways. Mining Governance: Government says renewal of mining concessions will face tougher scrutiny, with companies required to prove compliance on environmental and community obligations before licences are renewed. Health Sector Disruption: NLC directs KATH doctors to end an indefinite strike over the CEO suspension and schedules a hearing as the crisis disrupts emergency admissions. Diaspora & Jobs: Ghana highlights record US$7.8bn remittances and moves to secure compensation for victims of South Africa xenophobic attacks; 200+ jobs are being lined up for returnees, including telecom and engineering roles. Industry & Trade Events: West Africa Pharma & Healthcare Expo opens June 8–10 in Accra, drawing 100+ exhibitors and thousands of trade visitors.

Agri-Food Investment: Ghana launched the AgriConnect Compact ($3.5bn) to boost cocoa, oil palm, rice, maize and poultry, targeting food security, productivity, jobs and private investment. Flood Response & Urban Planning: Government and NADMO teams are on alert as flash-flood risk rises; Works Minister cites human factors like waste in drains and building on waterways, while Tema West Municipal Assembly distributed relief and warned against structures on wetlands. Power & Industry Operations: ECG scheduled maintenance outages in parts of Tema and Accra East, and a Volta dialogue tackled billing and supply complaints in Sogakope. Mining & Skills: China-Ghana Mining LBG partnered with UMaT for multidisciplinary industrial training, and Ghana’s ship repair push got a boost as Takoradi Floating Dock Project secured PIDG funding. Health Sector Disruption: KATH doctors declared an indefinite strike over the CEO’s suspension, with nurses/midwives signaling they may join. Food Security Diplomacy: President Mahama toured Belarus’ agro-processing hub in Brest, seeking technology to cut post-harvest losses and strengthen Ghana’s food system. Culture & Creative Economy: Tourism Ministry launched the 2026 National Heritage Photo Competition and AfroGastro Festival to spotlight Ghanaian heritage through youth-led creativity. Fire Safety Compliance: GNFS urged industry stakeholders to support the Automated Fire Compliance and Safety System to modernise approvals. Regional Trade & Rice: ECOWAS and AGRA called for more investment to transform West Africa’s rice sector. Returnees After South Africa Attacks: Ghana secured about 200 jobs for evacuees and vowed legal processes to pursue compensation for destroyed businesses.

Anti-IUU Fishing: West Africa steps up the fight against illegal, unreported and unregulated fishing, with the Dakar Declaration pushing stronger regional cooperation, surveillance and community participation. Gold & Mining: Ghana’s small-scale miners hit a century-high run, producing 3.11m ounces in 2025 (52.4% of national output) as total gold rose 23.41% to 5.94m ounces; the Chamber warns a proposed sliding-scale royalty could chill investment. Agribusiness & Budget Tension: A public dispute over whether Finance released GH¢1.677bn to the Food and Agriculture Ministry for 2026 escalates, with MOFA disputing the figures and lawmakers urging alignment to protect food security. Ports & Logistics Costs: Importers warn that reviving the Cargo Tracking Note could add €187.2m–€382.8m yearly to port clearing costs, arguing existing systems already track cargo. Diaspora Investment: Goosie Tanoh urges Ghanaians in the UK to invest in export industries and skills transfer under the 24-Hour Economy push, while Mahama visits Ghanaian-owned businesses in London. Health & Industry: KATH doctors move toward indefinite action over the suspension of the hospital CEO, as the standoff deepens. Environment & Floods: The Christian Council calls for an end to indiscriminate waste disposal into waterways, while analysts frame floods as governance failures. TVET & Skills: Ghana launches the Thespians TVET Drama Competition 2026 to spotlight vocational talent.

World Cup 2026: The tournament kicks off June 11 with Mexico vs South Africa, Canada starting their first-ever knockout push in Group B, and the USA opening under Mauricio Pochettino—big early spotlight for Ghana fans watching the wider African storyline. Climate & Energy Support: Germany signals direct funding talks for WASCAL’s Climate Change Action Now (CCAN) in Accra, linking climate research to flood-hit communities. Agri-Funding Clash: Ghana’s Finance and Food & Agriculture ministries trade claims over GH¢1.677bn released for 2026, with MOFA disputing the “85%” figure. Water & Infrastructure: Kumasi residents face Barekese Water Treatment Plant shutdown from June 9–11 for pipeline repairs. Health & Women’s Care: MoH seeks UNFPA support to build a stand-alone fistula centre at KATH. Tobacco Control: FDA reiterates selling single cigarette sticks is illegal. Trade & Logistics: GEXIM urges more maritime investment, logistics tech and financing to unlock AfCFTA trade. Banking & Growth: President Mahama tells investors Ghana is back on a growth path with industrialisation, agro-processing and logistics driving confidence. Capital Markets: Kasapreko’s GH¢700m IPO is reported oversubscribed ahead of its June listing.

AgriConnect Push: Ghana launched the AgriConnect Compact to modernise agriculture, create 2.6m jobs and cut food imports, with rice, maize, cocoa, oil palm and poultry in focus. Budget Friction: Finance and Food & Agriculture ministries trade claims over GH¢1.6bn+ released for 2026—Finance says 85% of MoFA’s Goods/Services and CAPEX is out, MoFA disputes the figures. Port & Trade Costs: Exim Frozen Foods Association warns against reviving the Cargo Tracking Note/Smart Port Note, saying it could add €187.2m–€382.8m yearly to shippers and raise consumer prices. Electric Mobility: In Bawku, electric bikes are gaining traction as security restrictions limit petrol motorbikes, cutting exhaust exposure for riders. Tech & Connectivity: Telecel Ghana urges public support against fibre cuts and theft, citing daily disruptions and industry-wide losses. Environment & Flooding: Engineers and commentators argue Accra’s floods are a planning and drainage failure, calling for integrated solutions. Security/Engineering Aid: The US donated heavy-duty truck heads to Ghana Armed Forces to boost engineering and disaster response capacity. Health Infrastructure: 37 Military Hospital opens Ghana’s first helium-free Philips BlueSeal MRI under a public-private partnership.

Mining & Power Policy: Lands Minister Emmanuel Armah-Kofi Buah told WAMPEX in Accra Ghana will not nationalise mining, aiming to calm investor fears after Gold Fields’ Damang lease renewal dispute. Agri-Food Jobs Push: Government released GH¢1.677bn (85% of MoFA’s 2026 budget) to drive mechanisation, irrigation, fertiliser/seeds and poultry, while the World Bank-backed AgriConnect Compact targets 2.6m jobs by 2035. Waste-to-Energy: AMA signed a binding feedstock deal with Numatter/NRTL for Accra’s first industrial plastic-to-fuel pyrolysis plant, turning 100+ tonnes of waste daily into fuel products. Logistics & Trade Reliability: Ghana Link rejected ICUMS downtime claims, demanding named, verified incidents since Jan 2026. Environment & Illegal Mining: Frimpong-Manso Institute urged tougher action against galamsey ahead of World Environment Day. Health & Borders: Health Ministry tightened Ebola surveillance at Aflao. Tobacco Control: World No Tobacco Day campaign warned flavoured nicotine products could reverse Ghana’s gains. Digital Finance Risk: Stanbic warned borrowers stacking multiple digital loans face debt pressure. Investment & Capital Markets: President Mahama pitched the Ghana Stock Exchange at the London Stock Exchange, citing strong 2026 returns.

Agribusiness Funding Gap: MOFA’s Eric Opoku says African governments are missing the Maputo 10% agriculture budget target, with some countries allocating under 1%, threatening jobs and food security. Tomato Value Chain Push: MOFA partners FarmMate to boost tomato production and processing, starting with 250 acres in Offinso North to cut imports, stabilize prices and reduce post-harvest losses. Local Governance & Planning Compliance: Ada East DCE warns about widespread unpermitted building—about 70%—and says structures on waterways and flood-prone areas face demolition as enforcement ramps up. Agriculture Delivery on the Ground: Upper West farmers back planned Farmer Service Centres to improve access to mechanisation, especially for women who struggle with tractor availability. Mining Revenue & Formalisation: Ghana Chamber of Mines says ASM produces about 52% of gold but pays under 2% of taxes, calling for stronger steps to formalise operators without killing livelihoods. Plastic Recycling Jobs: Accra Metropolitan Assembly signs a feedstock deal for a 100-tonne/day pyrolysis plant, projecting 1,500 jobs and aiming to reduce plastic in drains and flooding. Energy Sector Update: Energy Minister cites US$3.5bn upstream oil and gas investment and expects crude output to rise after years of decline. Digital & Skills: Ghana AI Awards nominations close June 15; meanwhile, a study flags that IT database training is valued but may not fully match workplace realities. Flood Risk Enforcement: Ga East and NADMO demolish unauthorized structures blocking waterways to reduce flooding. Sports & Inclusion: NPC unveils Ghana’s five para-athletes for Glasgow 2026 with a “Target the Podium” message.

Hyundai Industrial Push: Ghana has secured a Hyundai automotive manufacturing plant under a South Korea partnership, with plans for a West Africa assembly facility, skills transfer and related projects in energy, agriculture and critical minerals. Consumer Protection: A nationwide “Verify Before You Buy” campaign is urging shoppers to check expiry dates, batch numbers, seals and supplier legitimacy to curb unsafe and counterfeit goods. Cocoa Market Risk: Cocoa farmers are raising alarms over persistent price volatility that keeps incomes unstable and discourages investment across the value chain. Inflation Watch: Ghana’s inflation edged up to 3.7% in May, driven mainly by higher food prices, even as the overall rate remains far below last year. Mining Governance: Government is telling mining investors to ignore “noise” amid intensifying debate over Gold Fields’ Tarkwa lease renewal, stressing predictability and local value requirements. Transport & Mobility: Ghana received the first batch of 100 Egyptian-made buses, while a DACF-backed programme targets 5,000 electric motorcycles to boost local service delivery. Trade Finance: IFC and Standard Chartered launched a $300m risk-sharing facility to expand supply chain finance across eight African countries, including Ghana. Fire & Business Continuity: A major blaze opposite Accra Central Police Station destroyed shops and injured a firefighter, with investigations ongoing.