Ghana's CEOs Ride Wave of Optimism as Economy Stabilises, but Eye Technology Risks

Strong Confidence Amid Economic Recovery

Ghana's business leaders are increasingly optimistic about the economic outlook. According to PwC's 29th Global CEO Survey, 73% of Ghanaian CEOs are very or extremely confident in their company's revenue growth prospects over the next 12 months and three years—a sharp rise from the previous year. This surge reflects improved macroeconomic conditions: inflation has moderated to 3.7% (as of May 2026), the policy rate has fallen from 28% to 14%, and the currency has strengthened.

Four in five CEOs expect global economic conditions to improve over the coming year, ahead of both African and global peers. George Arhin, Partner at PwC Ghana, noted that whilst this macro reset is encouraging, executives recognise they must do more at company level to capitalise on the opportunities a stable economy presents.

Technology Disruption Takes Centre Stage

However, confidence is tempered by growing anxiety over technology. A third of Ghana's CEOs now feel highly or extremely exposed to technology disruption in the next 12 months—with this concern rising faster than inflation or cyber threats on the risk register. Nearly half of respondents worry they are not transforming quickly enough to ensure their companies' medium-to-long-term viability.

The challenge is unevenly distributed: only 18% of Ghana's CEOs report already capturing full value from artificial intelligence, whilst nearly 40% are still experimenting with limited financial returns. This gap suggests early adopters are securing competitive advantages whilst others risk falling behind in an AI-led future.

Cautious Outlook Ahead

CEOs acknowledge that currency stability remains fragile and external shocks—commodity fluctuations, geopolitical tensions, supply chain disruptions—could quickly derail the recovery. Despite broader optimism, only 15% of Ghanaian leaders worry they lack the right leadership team to navigate challenges ahead, compared to 21% across Africa and globally.