Accra, Ghana –
Ghana’s economy grew by 6.3% in the second quarter of 2025, outperforming analysts’ expectations, thanks to a powerful surge in the information and communications technology (ICT) sector.
According to Western media reports, the ICT sector recorded an impressive 21.3% annual growth rate—the highest performance in two years. This upswing, combined with gains in education, agriculture, and manufacturing, pushed Ghana’s overall GDP above the forecasted median of 4.8%.
The economic rebound marks a significant win for President John Mahama’s administration, which has been working to stabilize the country following periods of high inflation and a weakening currency.
Analysts suggest that the Bank of Ghana’s decision to slash interest rates in July played a key role in supporting this growth. Further rate cuts may be on the horizon if inflation continues to ease, offering even more room for expansion in the coming months.
Source: Sputnik Africa
