A world-leading rally on Ghana’s stock market and an improving economy are likely to encourage lenders to plan initial share sales, according to the head of the nation’s bourse. First Atlantic Bank Plc and Zen Petroleum Holdings Plc sold shares in the past six months, while beverage producer Kasapreko Plc will list next month. More banks will list in the “foreseeable future,” Ghana Stock Exchange ...
A world-leading rally on Ghana’s stock market and an improving economy are likely to encourage lenders to plan initial share sales, according to the head of the nation’s bourse. First Atlantic Bank Plc and Zen Petroleum Holdings Plc sold shares in the past six months, while beverage producer Kasapreko Plc will list next month. More banks will list in the “foreseeable future,” Ghana Stock Exchange Managing Director Abena Amoah said in emailed response to questions. Ghana’s benchmark stock market has risen 63.4% in local-currency terms, making it the world’s best performing after South Korea, following three straight years of gains. The economy is recovering from a debt default in 2022 while inflation slowed to 3.4% in April from 23.8% in December 2024. “Strong gains on the Ghana Stock Exchange have increased appetite for equities and new listings,” Amoah said. “Improving macroeconomic conditions have boosted investor confidence and market valuations.” The central bank has cut interest rates by 14 percentage points since July to 14%. Meanwhile a rally in gold has helped bolster the currency of Africa’s top producer of the precious metal. Economic growth accelerated to 6% in 2025 from 5.8% the year before. World-Beating Returns Challenge ‘Prejudice Premium’: Next Africa A 200% Rally Gains Ground as Nigerian Reforms Lure Investors Billionaire Mittal Sees ‘Once-in-a-Lifetime’ Africa Opportunity The recovery, following Ghana’s completion of a debt restructuring exercise two years ago, is boosting the attractiveness of stocks to investors, compared with other asset classes such as bonds. Out of the country’s 23 lenders, only nine are currently listed on the Ghanaian market, including units of Standard Chartered Plc , Societe Generale SA and Ecobank Transnational Inc. The Bank of Ghana is encouraging lenders to list, while luring the nation’s cash-rich pension funds, which manage 109 billion cedis ($9.6 billion) of assets, to buy shares. “We expect the commercial bank listi...
Apple Inc. (NASDAQ:AAPL) is included among the 10 Best US Stocks to Invest in According to Billionaires. Apple Inc. (NASDAQ:AAPL) designs, manufactures, and markets smartphones, personal computers, tablets, wearables, and accessories worldwide. Apple Inc. (NASDAQ:AAPL) made headlines on May 8 when a Wall Street Journal report revealed that the tech giant has reached a preliminary […]
Apple Inc. (NASDAQ:AAPL) is included among the 10 Best US Stocks to Invest in According to Billionaires. Apple Inc. (NASDAQ:AAPL) designs, manufactures, and markets smartphones, personal computers, tablets, wearables, and accessories worldwide. Apple Inc. (NASDAQ:AAPL) made headlines on May 8 when a Wall Street Journal report revealed that the tech giant has reached a preliminary […]
Memory stocks have boomed during the past year as more investors recognize the connection between AI chips and memory chips. No stock seems to be as hot as Sandisk (NASDAQ: SNDK) , which is up by more than 3,000% during that time. It's also up by almost 500% year to date, so it's natural that some investors are looking for a smaller version of the company. Silicon Motion Technology (NASDAQ: SIMO) ...
Memory stocks have boomed during the past year as more investors recognize the connection between AI chips and memory chips. No stock seems to be as hot as Sandisk (NASDAQ: SNDK) , which is up by more than 3,000% during that time. It's also up by almost 500% year to date, so it's natural that some investors are looking for a smaller version of the company. Silicon Motion Technology (NASDAQ: SIMO) may be the answer. It's a fellow beneficiary of the memory solutions boom, and with a market cap of less than $10 billion, it still remains relatively unknown. Image source: Getty Images. Continue reading
Jhovana Figueroa was diagnosed with autism when he was a toddler. For StoryCorps, Figueroa and his mom talk about his childhood and their hopes for the future.
Jhovana Figueroa was diagnosed with autism when he was a toddler. For StoryCorps, Figueroa and his mom talk about his childhood and their hopes for the future.
Indian Prime Minister Narendra Modi strongly condemned attacks on the United Arab Emirates during a meeting with the Gulf nation’s president on Friday, underscoring deepening ties between the two countries as tensions remain elevated in the Middle East. “The way the UAE was targeted during the conflict is unacceptable,” Modi said during the visit. “The world appreciates the courage and patience sh...
Indian Prime Minister Narendra Modi strongly condemned attacks on the United Arab Emirates during a meeting with the Gulf nation’s president on Friday, underscoring deepening ties between the two countries as tensions remain elevated in the Middle East. “The way the UAE was targeted during the conflict is unacceptable,” Modi said during the visit. “The world appreciates the courage and patience shown by the UAE leadership.” Modi made a brief stop in Abu Dhabi en route to Europe to meet President Sheikh Mohammed bin Zayed . The meeting marked the second one-on-one engagement between the two leaders in five months, highlighting the growing strategic partnership between New Delhi and Abu Dhabi. India and the UAE signed several agreements during the visit, according to a statement from the Indian Prime Minister’s Office. The deals included a strategic defense partnership, agreements on petroleum reserves and liquefied petroleum gas supplies, as well as plans to develop a ship-repair cluster at Vadinar in western India. The visit also comes weeks after the UAE quit OPEC, signaling a major shift in global oil politics that could eventually allow the Gulf nation to raise production outside quotas. The UAE’s exit has significant implications for India as the South Asian nation has long argued for stable and affordable oil prices. During his meeting with the UAE leader, Modi said India’s priority is to ensure the Strait of Hormuz remains open, safe and free for navigation. The Middle East is a key energy supplier for the South Asian nation, and disruptions in the strategic waterway have pushed up domestic fuel costs while adding pressure on inflation and the rupee. Modi’s comments come as BRICS foreign ministers gather in New Delhi for a summit. Iranian Foreign Minister Abbas Araghchi is among those attending, with Tehran pushing the bloc to condemn the US and Israel’s military campaign against it and seeking India’s support to build consensus. The effort is likely to face r...
Tesla, Inc. (NASDAQ:TSLA) is included among the 10 Best US Stocks to Invest in According to Billionaires. Tesla, Inc. (NASDAQ:TSLA) designs, develops, manufactures, sells, and leases high-performance fully electric vehicles and energy generation and storage systems, and offers services related to its products. Tesla, Inc. (NASDAQ:TSLA) revealed on May 12 that it would invest $250 […]
Tesla, Inc. (NASDAQ:TSLA) is included among the 10 Best US Stocks to Invest in According to Billionaires. Tesla, Inc. (NASDAQ:TSLA) designs, develops, manufactures, sells, and leases high-performance fully electric vehicles and energy generation and storage systems, and offers services related to its products. Tesla, Inc. (NASDAQ:TSLA) revealed on May 12 that it would invest $250 […]