On November 20, the Bank of Ghana will open its new $250 million headquarters.

Compiled By: Prince Henry Danquah, Bora Capital Advisors Ltd.

The Bank of Ghana (BoG) is set to inaugurate its new headquarters known as “The Bank Square,” in Accra on November 20, 2024, despite growing public criticism over the $250 million cost of the project.

The ceremony will be graced by President Nana Addo Dankwa Akufo-Addo as the special guest.

The BoG’s decision to proceed with the new headquarters has sparked debate, particularly following the bank’s reported loss of 10.5 billion cedis ($900 million) for the year 2023.

According to the Bank of Ghana, the new headquarters is a long-term investment that will enhance operational efficiency and meet the institution’s growing demands. 

Source: newsthemegh.com