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The Rio Times Africa Intelligence

Thursday, August 13, 2026

By Matthias Camenzind, Publisher

Ghana used to import twice what it sold. Now it sells US$32 billion and buys US$20.5 billion.

The reversal took twenty years and it is worth stating precisely. In 2004, Ghana exported US$1.93 billion and imported US$4.09 billion — imports were 67.9% of all its trade. In 2025, exports reached US$32.0 billion against imports of US$20.5 billion, and exports now make up 61.3% of total trade. The ratio has not narrowed; it has inverted.

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Good morning. Two governments went after the same pool of money this week, and it is not the one you would expect. Nigeria launched a diaspora mortgage loan programme — in London. And the Governor of the Bank of Ghana told his banks to start ...

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