Since assuming power in January 2017, the administration of President Nana Akufo-Addo has sought to move swiftly to restart the Ghanaian economy after a period of sluggish growth. As with many West African countries, local industry is strongly correlated with global commodities. Oil, gold and cocoa provide the three main sources of foreign...
According to Article 40 of its 1992 constitution, Ghana’s foreign policy is underpinned by a commitment not only to protecting the country’s interests, but also to establishing a just and equitable economic, political and social order more widely. This includes promoting the settlement of international disputes through peaceful norms and...
Generally, 2017 was a challenging year for Ghana’s accountants. In February Ken Ofori-Atta, the minister of finance, announced that over three years of off-the-books spending by the previous government had opened a GHS7bn ($1.7bn) hole in the budget, revealing the next day that the figures could be even higher.
The guide contains information on some of the leading hotels in Ghana, and contact details for government ministries, embassies and business services, alongside useful tips for first-time or regular visitors.
As in many West African countries, Ghana’s economy is strongly correlated with global commodities. Oil, gold and cocoa are the three main sources of foreign currency and income; however, price swings over 2015 and 2016 for these three resources, a strengthening US dollar, as well as domestic issues such as fiscal slippage, growing debt and mounting inflation have combined to slow the pace of...
Stay updated on how some of the world’s most promising markets are being affected by the Covid-19 pandemic, and what actions governments and private businesses are taking to mitigate challenges and ensure their long-term growth story continues.
Register now and also receive a complimentary 2-month licence to the OBG Research Terminal.
Register Here×