Ghana Industry

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Although lower prices and higher costs are a concern for Ghana’s mining industry, the Mining Commission’s re-evaluation of prospecting licences could add some momentum and set the scene for a welcome revival and new lease of life for private operators.

Chapter | Mining from The Report: Ghana 2013

Vast mineral resources have served as a primary driver of Ghanaian economic growth in recent decades, and 2012 was another banner year for the mining industry. Ghana was the world’s eighth-largest producer of gold in 2012. At the same time, production of bauxite, a key aluminium property, increased, while deposits of diamonds and manganese continued to attract international investment. Overall,...

The domestic construction boom offers big rewards for steel producers. Residential and industrial developments are consuming supplies of steel products, from rebar and nails to wire netting and corrugated roofing. Despite the enormous potential, the same challenges confronting local industries across the board are also undermining local steel...

Given the country’s growing consumer population, limited product penetration and stable business environment within ECOWAS, the manufacturing sector in Ghana has impressive potential. However, in recent years, secondary activity has experienced some issues, and industry growth has not quite matched the spectacular expansion seen in other sectors....

Although the domestic market is relatively small, with one of the world’s fastest-growing economies and an upwardly mobile population, Ghana is increasingly attractive for producers and retailers of consumer goods. Suddenly flush with cash, the ranks of Ghana’s high-income shoppers are growing and they are buying up imported products from $10,000...

In terms of a regional comparison, how competitive is Ghana as a manufacturing destination?

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