A third victim of the clashes, a pregnant woman, is said to be in critical condition.
The renewed violent clashes between the two northern ethnic groups has left many severely injured, Joy News' Favour Nunoo reported.
He said many of the injured have been rushed to the hospital.
A police and military contingent has been despatched to the area to maintain the peace.
Favour reports that many traders have deserted the streets at Agbogbloshie fearing for their lives.
One account of the cause of the clashes is that a member of one ethnic group stole a phone owned by the other ethnic group.
The suspected thief was beaten up but he mobilised people from his ethnic group for a retaliation.
This degenerated into a free for all fight between the two ethnic groups.
Favour reports that he saw a young man who had been shot in the neck being rushed by the police to the hospital.
Ethnic tensions and resultant attacks at the Accra slum are not new.
In April 2015, clashes between Dagombas and Zabarima traders left four, including a policeman, injured.
In November 2014, a similar clash left two people dead.
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