TAG: Ghana
After sustained GDP expansion over the last decade, reaching into the double digits, the Ghanaian economy has slowed recently due to a drop in export revenues, a depreciating currency and a widened fiscal deficit. However, the new government’s aggressively pro-business agenda and the country’s fundamentals – a developed private sector, political stability, transparent regulatory frameworks and a wealth of natural resources remain attractive.
“The bigger they are, the harder they fall” is an adage familiar to anyone who played sports in their youth – or at least those who looked worryingly at an opponent who had clearly gone through a growth spurt a few years early.
Oxford Business Group’s Africa research comes in several different forms, from business confidence surveys and face-to-face interviews, to monthly sector updates and annual country analyses.