Fuel Prices in Ghana Set to Rise on August 1

Fuel prices in Ghana are set to rise from August 1, according to a report. The increase is attributed to higher crude oil prices and pressure on the cedi.

The move comes as the country's fuel price adjustment mechanism was triggered by rising international oil prices and depreciation of the local currency.

The government has accepted that the pump price will rise due to these factors, but officials have not revealed how much more consumers can expect to pay.