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Ghana’s Economy Outperforms Forecasts with Digital-Driven Surge

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Ghana’s economy grew faster than expected in the second quarter of 2025, expanding by 6.3% thanks to a remarkable surge in its information and communications technology sector. The ICT industry expanded by a striking 21.3% annually, driven by soaring data usage and helping propel the broader services sector to a robust growth of 9.9%. This digital boom offset slower performance in industrial and agricultural sectors, providing a welcome boost to President Mahama’s economic reset agenda. With inflation cooling and the central bank implementing aggressive interest rate cuts, Ghana’s economic outlook appears increasingly promising. The government statistician has urged policymakers to harness this ICT momentum, suggesting that strategic investment in the sector could sustain this growth trajectory and further strengthen the nation’s economic recovery.
Bloomberg

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