Ghana ICT

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The Ghanaian economy is well positioned to accelerate growth, with several key factors likely to encourage expansion in the coming years.

In spite of a broader slowdown in the economy, Ghana’s ICT sector has seen high double-digit growth over the past 12 months, supported by new infrastructure and value-added mobile services.

 

From a near-standing start, Ghana’s ICT sector has developed strongly since the beginning of the century, with internet take-up among citizens and businesses growing, international broadband connectivity expanding rapidly, and private sector investment on the rise.

 

Across the continent, there is a trend towards sharing and outsourcing network infrastructure, which is capital intensive to build and costly to maintain. Ghana has been a leader in this movement, with major deals struck between mobile operators and infrastructure operators over the past five years.

 

Ghana is a leader in African telecoms market liberalisation, has a relatively high level of mobile penetration and is a regional centre for submarine cables. However, this has not necessarily been reflected by the use of ICT in the day-to-day lives of Ghanaians or in ordinary businesses. For Daniel Glover, general manager of Tecno, the issue...

 

Mobile money is a growing segment in Ghana, having been launched in 2009, later than in some African countries. Transactions worth a total of GHC11.6bn ($3.22bn) were made in 2014, up from GHC2.4bn ($666m) in 2013, according to Bank of Ghana (BoG) statistics. The number of transactions soared from 36.8m in 2013 to 106.4m in 2014, while the...

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