With robust economic fundamentals and significant export potential, Ghana is set to play a greater role in the economy of West Africa, as well as on the continent. The country expects to benefit from its young population, stable political environment and membership in the Africa Continental Free Trade Area, providing a point of entry for foreign and domestic investors to the country’s various economic sectors.
The first country in Africa to achieve independence from the UK, Ghana has been widely regarded as a stable democracy, economic powerhouse and key player on the continent since the establishment of the Fourth Republic of Ghana in January 1993. However, recent economic challenges have resulted in acute financing issues, depreciation of the local currency and high inflation, while real GDP growth slowed to 3.1% in 2022 from 5.1% the previous year.
Despite these pressures, Ghana aims to become a leading centre on the continent for financial services, and the federal budget for 2023 was demonstrative of the country’s willingness to pursue strategic investment to boost and retain foreign direct investment inflows.
Features and Benefits
- Go behind the scenes through exclusive interviews with influential leaders in the government, public and private sectors.
- Inform your market-entry strategies with sector-by-sector overviews of the main trends, opportunities and challenges.
- Get up to speed with conversations in local boardrooms through in-depth and thought-provoking analyses of the most topical economic and business issues.
- Leverage comparative research to spotlight synergies, competitive advantages and areas for improvement.
- Forecast scenarios for the year ahead, using a combination of hard stats and expert analysis, in a concise format designed to save you time.
- Make data-driven business decisions with digestible macroeconomic and sector indicators and infographics
Suitable for
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Table of Contents
- Economy
- Financial Services
- Energy
- Utilities
- Mining
- Agriculture
- Industry & Retail
- ICT
- Transport & Infrastructure
- Construction & Real Estate
- Tourism
- Health & Education
- Tax
- Legal Framework
- The Guide