Dynamic and competitive, Ghana’s telecoms sector is one of the brightest spots of an economy that has had a bumpy ride over the past two years. Demand for mobile services in particular is resilient and rising. The market is an appealing prospect, as evidenced by the presence of half a dozen international telecoms companies operating mobile...
Which specific sectors of the economy have seen the largest increase in IT investments?
Dynamic and competitive, Ghana’s telecoms sector is one of the brightest spots in an economy that has had a bumpy ride over the past two years. Demand for mobile services in particular is resilient and rising. As of June 2015, Ghana had a total of 32.36m mobile subscribers, indicating theoretical market penetration of 119.41%. The market is appealing, as evidenced by the strong international...
Situated on the Gulf of Guinea in West Africa, Ghana’s natural resource wealth and status as a stable democracy have helped make it a prominent player in the region. It is the world’s second-largest exporter of cocoa, behind Côte d’Ivoire, and one of the continent’s largest gold producers. Recently discovered reserves of oil and gas have powered the economy to double-digit growth in the past decade.
Competition is heating up in Ghana’s telecoms market, with growing demand for data prompting operators to roll out large-scale investment programmes in order to expand network capacity.
The success of start-ups in driving the US technology sector has spawned a raft of attempts elsewhere in the world to emulate that growth. Ghana is working to foster an environment that helps encourage entrepreneurial activity in the tech sector, with some success. While connectivity constraints and research access are often cited as a significant barrier for tech start-...
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