Ghana macro headwinds intensify as T-bill yields, inflation, and FX pressures rise

Ghana's fixed income markets are showing rising Treasury bill yields alongside a rebound in inflation and continued FX pressures, collectively tightening the macroeconomic environment for fintech operators and credit-dependent businesses. The developments compound the operating cost pressures from the PURC tariff hike and rising producer inflation flagged earlier in the week, reinforcing a challenging near-term Ghana macro backdrop for growth-stage ventures.