MTN Ghana has reaffirmed its commitment to strengthening the country’s telecommunications infrastructure, describing its investment in 5G technology as a strategic move to sustain network quality and support the increasing demand for digital connectivity.

The telecommunications company says the investment reflects its determination to provide reliable and improved connectivity as more Ghanaians embrace digital services for business, education, communication and other essential activities.

According to MTN, the deployment of 5G technology forms part of its broader commitment to enhancing network performance and supporting Ghana’s growing digital economy.

The company believes that sustained investment in modern telecommunications infrastructure will be critical to meeting the evolving needs of consumers and businesses while creating opportunities for innovation.

MTN has also emphasised the importance of maintaining network quality as demand for faster and more reliable internet services continues to grow.

The renewed commitment comes at a time when digital connectivity is increasingly becoming an important driver of economic activity, with businesses and individuals relying on telecommunications services for their daily operations.

The company maintains that continued investment in network infrastructure will be essential to supporting Ghana’s digital transformation agenda.

Youth unemployment in Ghana has exceeded 32 per cent, highlighting the growing challenge of providing sustainable employment opportunities for the country’s young population.

Figures attributed to the Ghana Statistical Service indicate that approximately 12 million Ghanaians are between the ages of 15 and 35, placing significant pressure on the country’s labour market to create jobs and expand economic opportunities.

Ghana’s youth population continues to represent a significant proportion of the country’s human resource potential, but concerns remain over the limited employment opportunities available to many young people.

With approximately 12 million Ghanaians aged between 15 and 35, the country faces increasing pressure to develop policies and interventions that can translate its youthful population into productive economic contributors.

The reported youth unemployment rate of more than 32 per cent raises concerns about the ability of the economy to absorb young people entering the labour market.

The situation also highlights the need to strengthen technical and vocational education, expand entrepreneurship support, improve access to funding and encourage private-sector investment.

For many young people, securing decent and sustainable employment remains a major challenge, despite their educational qualifications and professional skills.

Stakeholders have therefore been urged to intensify efforts towards job creation, skills development and policies that support businesses to employ more young people.

As Ghana seeks to harness the potential of its youthful population, addressing unemployment will remain critical to economic growth, poverty reduction and national development.

Important statistical clarification

The headline needs a little adjustment to avoid misleading readers. According to the GSS:

• 32.4% – Average unemployment among young people aged 15–24 during the first three quarters of 2025.

• 21.9% – Average unemployment among those aged 15–35.

• About 12 million – Ghanaians aged 15–35 in 2025.

• Nearly 2 million – Young people aged 15–35 were not in employment, education or training in the third quarter of 2025.
  Primary source: Ghana Statistical Service – More Than One-Third of Ghana’s Population is Youth.

Ghanaian households using liquefied petroleum gas (LPG) are benefiting from a monthly import arrangement that helps protect consumers from sudden increases in international prices, the National Petroleum Authority (NPA) has explained.

Abass Tasunti, Director of Economic Regulation and Planning at the NPA, says the country’s LPG import tender programme allows the purchase price of each consignment to remain fixed throughout a one-month supply period.

Speaking on Joy News’ PM Express Business Edition, Mr Tasunti explained that each imported cargo typically covers the country’s LPG requirements for approximately one month. Once the purchase price is agreed, it remains locked in during that period.

The arrangement has helped explain why LPG prices in Ghana have declined despite significant increases in international market prices ahead of the next pricing window.

According to Mr Tasunti, Ghana had already secured its current supply at a comparatively lower price before the latest international price increases.

He said this allowed consumers to benefit from the earlier import arrangement rather than immediately absorbing the higher costs being experienced on the global market.

Relief could be temporary

However, the NPA official cautioned that the arrangement does not permanently protect consumers from international price movements.

He explained that the same system had previously contributed to a sharp increase in local LPG prices when a new consignment was purchased at a higher cost after the previous supply arrangement expired.

This means that when the current supply period ends, the cost of the next imported cargo could influence prices in the subsequent pricing window.

The monthly arrangement therefore provides temporary protection depending on the price secured for each consignment.

Why diesel prices face different pressures

Mr Tasunti also addressed developments in the diesel market, explaining that supply disruptions affecting major international sources have contributed to pressure on availability and prices.

He pointed to the Russia-Ukraine conflict and attacks on Russian refineries as factors affecting global diesel supplies.

He explained that when major supply sources experience disruptions, reduced availability can create supply-and-demand pressures that influence market prices.

For LPG consumers, the immediate outlook remains linked to the cost of the imported cargo already secured, while future pricing will depend on the terms of subsequent import arrangements.

The NPA’s explanation highlights how the timing and cost of fuel imports can influence prices at the domestic level, even when international market conditions are moving in the opposite direction.

Source: National Petroleum Authority’s Director of Economic Regulation and Planning, Abass Tasunti, speaking on Joy News’ PM Express Business Edition.

Ghana is seeking to strengthen its economic and industrial relationship with Burkina Faso through a proposed bilateral trade and investment agreement aimed at expanding cross-border commerce, supporting local industries and creating new opportunities for businesses in both countries.

The proposal was announced by Ghana’s Minister for Trade, Agribusiness and Industry, Elizabeth Ofosu-Adjare, during the opening ceremony of the 18th International Arts and Crafts Fair of Ouagadougou (SIAO 2026) on Friday, October 30, in Burkina Faso.

Speaking as Ghana’s representative and Guest of Honour at the event, the minister highlighted several areas where the two neighbouring countries could deepen cooperation, including agro-processing, handicrafts, shea production, cotton, leather manufacturing and agricultural value chains.

She disclosed that formal trade between Ghana and Burkina Faso exceeded US$1 billion last year, describing the existing commercial relationship as an important foundation for further economic collaboration.

Ofosu-Adjare also stressed the importance of improving border management, harmonising product standards and simplifying procedures for transporting goods between the two countries. These measures, she indicated, could reduce trade barriers and make cross-border business more efficient.

Ghana’s proposed agreement is expected to provide a framework for stronger investment partnerships, industrial development and increased participation by businesses from both countries.

Beyond trade negotiations, Ghana is using its participation at SIAO 2026 to showcase its cultural heritage and locally manufactured products. Exhibitors from all 16 regions are presenting a wide range of Ghanaian products, including Kente fabrics, Adinkra-inspired items, traditional fugu clothing, Bolgatanga baskets, beads, pottery, leather products and contemporary fashion.

The fair, which runs from October 30 to November 8, 2026, is being held under the theme of African crafts and industrialisation, with a focus on improving the organisation, production and international marketing of locally made products.

The event also provides an opportunity for African countries to explore ways of transforming traditional craftsmanship into commercially competitive industries.

For Ghana and Burkina Faso, the discussions represent an opportunity to build on their existing trade relationship while encouraging local manufacturing, value addition and stronger regional economic integration.

As the exhibition continues, attention will be on whether the proposed bilateral agreement can translate into concrete business partnerships and improved trading opportunities for enterprises in both countries.

MTN Ghana has recorded a significant increase in the value of transactions processed through its Mobile Money (MoMo) platform, highlighting the growing adoption of digital financial services across the country.

The telecommunications company reported a 44.4 per cent year-on-year increase in MoMo transaction value during the first half of 2026, reflecting the platform’s expanding role in everyday financial activities.

The figures were disclosed by David Gyimah Boadi, General Manager for Southern Ghana at MTN Ghana, during a Regional Media and Stakeholder Engagement Programme held in Ho in the Volta Region.

Beyond the growth in transaction value, MTN Ghana recorded a 3.1 per cent increase in active MoMo users over the same period. Transaction volumes and MoMo revenue also increased by 23.3 per cent each.

The performance points to the increasing reliance on mobile-based financial services by individuals, traders and businesses seeking convenient ways to transfer money, make payments and conduct financial transactions.

MoMo expands beyond traditional money transfers

Speaking at the engagement, Mr Boadi explained that Mobile Money had evolved beyond its original function as a platform for sending and receiving money.

He described the service as an important gateway to financial inclusion and economic opportunities, particularly for individuals and businesses that depend on accessible digital payment solutions.

The growing use of MoMo also reflects broader changes in Ghana’s financial landscape, where mobile technology is increasingly supporting commercial activities and reducing dependence on cash-based transactions.

For small and medium-sized enterprises, digital payment platforms provide an additional channel for receiving payments and managing everyday business transactions.

MTN prioritises customer protection and cybersecurity

Despite the expansion of digital financial services, MTN Ghana has emphasised the importance of strengthening security and protecting customers against fraud.

Mr Boadi urged users to safeguard their personal identification numbers (PINs), passwords and other sensitive information to reduce their exposure to cybercrime.

He stressed that cybersecurity required shared responsibility between service providers and customers, particularly as more financial activities moved onto digital platforms.

MTN Ghana says it will continue investing in customer education and security measures while supporting the development of a safer digital financial ecosystem.

Focus on financial inclusion and digital opportunities

The company also reaffirmed its commitment to promoting financial inclusion, supporting small and medium-sized businesses and equipping young people with the skills required to participate in the digital economy.

The latest MoMo figures come amid MTN Ghana’s broader efforts to strengthen its telecommunications infrastructure and expand access to digital services nationwide.

As mobile technology continues to shape how Ghanaians conduct business and manage their finances, the sustained growth of Mobile Money is expected to remain an important part of the country’s digital transformation.

The challenge ahead will be to ensure that the increasing adoption of digital payments is matched by stronger consumer protection, improved accessibility and greater public awareness of online financial risks.