$8 Billion from Gold & 4.5% Growth: Is Ghana's Economy Turning a Corner?

At mid-October 2025, one olonka of onions costs ₵40–₵60, and a paint bucket of tomatoes goes for ₵80–₵100 in Accra markets. Meanwhile, the cedi has firmed to ₵10.71 per US dollar, up from ₵11.26 yesterday, signaling a modest appreciation. Combined with record gold exports, an expanded Free SHS program, and steady agricultural growth, Ghana’s economy might be showing signs of quiet resilience.

Let’s unpack the latest numbers shaping the country’s financial outlook.

Major Headlines: The Big Picture

$8 Billion Gold Rush Strengthens Economy

Ghana has earned a massive $8 billion from small-scale gold exports in the first ten months of 2025. This significant increase is thanks to the new Ghana Gold Board (GoldBod), which has successfully curbed smuggling and formalized the sector. For the average Ghanaian, this could be great news: more foreign currency flowing into the country helps stabilize the cedi and strengthens our national reserves.

Agriculture Powers 4.5% Economic Growth

The Ghana Statistical Service reports that the economy grew by a respectable 4.5% in July, with the agriculture sector leading the charge with an impressive 8.0% expansion. This shows the resilience of our farmers and our food systems. While the industrial sector saw minimal growth, the strong performance in agriculture and services signals a positive direction for our economy.

Free SHS Enters Private Schools

In a major policy shift, the government has extended the Free SHS program to 70 private schools, placing 25,000 students. This move aims to reduce overcrowding in public schools and phase out the double-track system. While it increases access to secondary education, it also raises important questions about the long-term financial sustainability of the program.

Investor's Insight: Delivery Kitchens: Your Low-Cost Food Business

The infographic highlights a smart business opportunity: delivery kitchens. With the rise of food delivery apps, you can start a food business with just your cooking skills, avoiding the huge costs of rent and staff for a physical restaurant. This model allows entrepreneurs to build a brand online, earn a steady income, and test their market before considering a dine-in space. Returns are generated by keeping overheads low while reaching a wide customer base through digital platforms.

Trending Topic: #Agenda111

The #Agenda111 hashtag is currently trending due to a political debate over the previous government's flagship project to build 111 hospitals. The discussion centers on project delays, funding, and the operational status of nearly completed facilities. This highlights a nationwide demand for accountability and functional healthcare infrastructure, separate from political maneuvering.

Your Key Takeaway

Ghana's economy is showing strength in its traditional pillars of gold and agriculture, offering a stable foundation. However, debates over major government projects like Free SHS and Agenda 111 show the challenges that lie ahead.

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