The Africa Banking Brief

Stories · Friday 30 October3 stories

Ghana

MTN Ghana plans $1.1bn network investment over three years

MTN Ghana reported a 44.4 percent year-on-year rise in mobile money transaction value for the first half of 2026. It also plans to invest $1.1 billion over three years in network infrastructure and digital services.

Expansion · announced$1.1bnMyJoyOnline

$1.1bn

Ghana

Absa Ghana launches instant loans up to $30,000 for salaried customers

Absa Bank Ghana is offering instant personal loans of up to about $30,000 (GH₵350,000) to eligible salaried customers through its digital banking platforms. The product extends digital credit access beyond branch channels.

Product launch · announced$30,175MyJoyOnline

$30,175

Ghana

MTN Ghana reports 43% rise in nine-month profit to $670m

MTN Ghana and its separately incorporated Mobile Money Fintech Limited posted a combined profit after tax of about $670 million (GH₵7.75bn) for the nine months to September 2026, up 43 percent. The results cover the telco and its mobile money business, which became a separate company in March 2026.

Results · completed$668mcitinewsroom.com · newsghana.com.gh

$668m

Stories · Thursday 29 October1 story

Ghana

GCB Bank reports nine-month 2026 earnings growth as lower rates reshape mix

GCB Bank, Ghana's largest bank, reported faster earnings growth for the nine months to September 2026 even though interest income barely moved. Lending expanded, showing the bank adjusting to a lower-rate environment.

Results · completedcitinewsroom.com · thebftonline.com +2 more

Stories · Monday 26 October2 stories

Ghana

CIB survey finds microfinance loans cost double bank rates

A Chartered Institute of Bankers Ghana survey finds microfinance banks charge 31 to 40 per cent, against 10 to 15 per cent at universal banks. The findings were presented from its September pre-Monetary Policy Committee sentiment survey.

Analysisnewsghana.com.gh

Ghana

GCB Bank launches Ghana's first RMB debit and prepaid cards

GCB Bank has partnered with UnionPay International to introduce Ghana's first renminbi debit and prepaid cards. Customers can pay in the Chinese currency without intermediate conversion.

Product launch · announcedMyJoyOnline · Financial Afrik +3 more