Ghanaian CEOs optimistic about revenue growth despite tech risks

    A new PwC survey reveals strong confidence among 73% of CEOs in Ghana regarding future revenue, though technology disruption poses a significant concern.

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    Ghanaian CEOs optimistic about revenue growth despite tech risks

    Seventy-three percent of Chief Executive Officers (CEOs) in Ghana are very or extremely confident about their company's revenue growth over the next 12 months and three years. This strong optimism comes even as one-third of these business leaders feel highly exposed to technology disruption.

    This renewed confidence follows a period of macroeconomic stability. Ghana has seen falling inflation, a stronger currency, and better-than-expected Gross Domestic Product (GDP) growth. These factors have improved the business environment, boosting CEO sentiment. By May 2026, inflation had reached 3.7%, a significant drop from previous levels. The policy rate also decreased from 28% in March 2025 to 14%, signaling a more favorable economic climate.

    This positive outlook fits into Ghana's broader economic recovery story. The country has worked to stabilize its economy after recent challenges. The data from PwC's 29th Global CEO Survey aligns with other reports indicating economic improvements. For example, the World Bank projects Ghana's growth rate to reach 4.8% in 2026. This upward trend suggests a more favourable period for businesses.

    George Arhin, a Partner at PwC Ghana, explained the delicate balance. He stated, “This cautious optimism also underscores CEOs’ admission — perhaps, not overtly — that they need to do more at company levels to ensure they position their companies to convert the opportunities that a good macro-economic environment might spawn.” This highlights the need for active corporate strategies to capitalize on the improved conditions.

    Looking ahead, decision-makers will closely watch how businesses adapt to technological changes. The survey shows that 33% of Ghanaian CEOs feel highly or extremely exposed to technology disruption in the next 12 months. This shift means that technology, not inflation or cyber threats, is now a primary concern. Companies that quickly embrace new technologies, especially Artificial Intelligence (AI), will likely lead the market. Only 18% of CEOs in Ghana currently report getting full value from AI. This suggests a significant opportunity for innovation and growth for many other firms.

    The shift in risk perception means businesses must invest in digital transformation. CEOs need to ensure their companies are resilient against unexpected changes. Investors and policymakers will observe how these technology risks are managed. This will influence future economic growth and stability. The success of Ghanaian companies will depend on their ability to monetize stability and adapt to an AI-driven future.

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