MT Asharami Ghana, a 40,000-cubic-metre Liquefied Petroleum Gas (LPG) carrier, has delivered 5,000MT of LPG in its maiden voyage to Ghana. This development is expected to boost efforts to strengthen energy security, LPG supply reliability, and position the nation as a strategic hub for regional energy trade. The delivery marks a significant milestone in Ghana's quest to enhance its energy infrastructure and meet the growing demand for LPG in the country.
The Ghana National Petroleum Corporation (GNPC) has been making significant strides in the energy sector, with gas sales generating US$952million in 2025. This represents nearly twice the roughly US$500million the national oil company earns in a good year from its share of crude oil sales. The rising commercial importance of natural gas to GNPC's business is evident, and the delivery of LPG by MT Asharami Ghana is expected to further enhance the country's energy security.
The Bank of Ghana (BoG) has been urging businesses, particularly small and medium-sized enterprises (SMEs), to take advantage of the country's collateral registration system to improve their credit access and negotiate better lending terms with financial institutions. This move is expected to have a positive impact on the economy, as businesses will be able to access credit more easily and invest in their operations.
In other news, the Ghana Revenue Authority (GRA) has welcomed an international arbitral tribunal's decision upholding its US$393.09million tax assessment against Tullow Ghana Limited. The decision relates to the taxation of business interruption insurance proceeds and is expected to have a positive impact on the country's revenue.
The Ghana Gold Board (GoldBod) has generated US$1.871 billion in foreign exchange (FX) from its Artisanal and Small-Scale Mining (ASM) gold trade operations in September 2026. This represents an excess of US$471 million over the monthly target of US$1.4 billion. The impressive performance of the gold sector is expected to have a positive impact on the country's economy.
The 14th Ghana Garden and Flower Show (GGFS) has officially closed in Accra, with a call for Ghana to recognise the potential of horticulture/floriculture for business, livelihood enhancement, health, recreation, and sustainable economic development. The event, powered by Stratcomm Africa, had the theme "Green means Business, Beauty and More".
Building cost inflation in Ghana rose to 4.6 percent in August 2026, driven largely by higher material costs. Although overall cost pressures remained well below the 12 percent recorded a year earlier, the increase is expected to have an impact on the construction sector. Meanwhile, Tullow Ghana Limited has lost its tax arbitration case against the Republic, with an international tribunal dismissing the company's claims and upholding the GRA's US$393.09 million tax assessment in full.
Key points
- MT Asharami Ghana delivers 5,000MT of LPG in its maiden voyage to Ghana
- Ghana's gas sales generate US$952million in 2025
- GRA welcomes US$393.09million tax assessment against Tullow Ghana Limited
