MIIF Sees Rising Global AI Investment Supporting Growth Outlook in 2026
The Economic and Market Outlook and Strategic Investment Orientation for 2026 report published by the Minerals Income and Investment Fund (MIIF) projects increased global investment in Artificial Intelligence (AI), driven by the world’s leading economies and major technology companies as they seek to support long-term economic growth.
According to the report, intensifying competition for AI leadership between the United States and China, alongside rivalry among large Cloud Service Providers to deploy more advanced applications, is expected to boost productivity while driving higher spending on digital and physical infrastructure.
MIIF noted that these developments are likely to support global economic expansion, presenting opportunities for emerging economies such as Ghana to leverage improved global conditions to accelerate growth and reduce poverty.
Domestically, the Fund expects Ghana’s economic growth to strengthen in 2026, supported by increased government spending and a lower interest rate environment.
“Inflation is likely to continue falling early in the year but may rise later as the base effect wanes,” the report stated.
On commodities, MIIF indicated that gold and silver entered 2026 with strong fundamentals, supported by favourable demand-supply dynamics and bullish price forecasts. In contrast, oil prices are expected to face relatively softer conditions amid abundant global supply.
The report further pointed out that the surplus in the global lithium market is projected to narrow as both demand and supply expand, reflecting growing uptake in energy storage and electric vehicle applications.
In financial markets, MIIF projected that equities are likely to maintain positive momentum as interest rates decline and AI-driven productivity gains translate into improved corporate earnings.
“Interest rates on short-dated Ghanaian Treasury instruments are likely to decline to around 10 percent levels as policy easing continues amid moderated inflationary pressures,” the report added.
