The aviation sector is experiencing rapid growth worldwide, propelled by booming tourism industries, lower airfares and the push for greater connectivity in an increasingly globalised economy. Middle-class expansion has also spurred growth in air travel, as more people are able to afford flights for holidays or business-related travel....
A range of game-changing infrastructure projects are set to reshape Ghana’s transport sector over the next half-decade, and 2019 should be a year of redoubled investment by the government. The country’s two main ports continue to expand, the budget for road development has increased by nearly 150%, the long-awaited transformation of the...
The Ministry of Railways Development (MRD) has a budget of GHS636m ($137m) for 2019, up 16.9% from its allocation in 2018. The government is also looking to tap private sources of funding, such as its $2bn deal with China’s Sinohydro, wherein the firm will build vital infrastructure in exchange for bauxite development revenue. The MRD’s...
Ghana continues to be one of the most stable countries in sub-Saharan Africa and has developed substantially over the years. Now one of Africa’s fastest-growing economies, the country is starting to move away from traditional resource dependency. However, it faces the challenge of ensuring the widest benefit from that expansion, given its growing and increasingly urbanised population.
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