Good News To Ghanaians As Prices of Cement Drop

Good News for Builders: Cement Prices Falling as Cedi Gains Strength

Ghanaians have something to smile about—especially those working on building projects. Cement prices, which have been painfully high for months, are finally coming down thanks to the improving value of the cedi.

On Monday, June 2, 2025, prices dropped to between GHS 110 and GHS 115 in most areas. In some shops, it’s still around GHS 120, but that’s still better than the previous GHS 130 price tag that had people complaining.

This welcome drop follows a boost in the cedi’s performance, now trading at around GHS 10.2 to the dollar, compared to the GHS 16 rate a few weeks ago. With the cedi gaining ground, importers are now able to bring in cement at cheaper rates.

One shopkeeper in Accra shared, “The old stock is gone, and the new one costs less, so we can pass those savings on to our customers. It’s a win-win.”

Ghanaians across the country are hopeful that this trend will continue, especially as more affordable prices make it easier for people to build homes and complete delayed projects. For now, it’s a much-needed break for anyone working with cement—and a reason to be hopeful about what’s next.