Ghana

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New capacity and improved supplies of feedstock could mark the end of load shedding in Ghana, spelling good news for manufacturing and service industries alike. 

On the back of impressive global growth, the opening of the Islamic financial services (IFS) sector in Ghana is expected to create new financing and lending opportunities in the coming years, with sharia-compliant banking offering particular potential in the retail and small and medium-sized enterprise segments.

The 1.7m-unit housing deficit in Ghana is again in the spotlight, with a national housing policy released earlier this year and moves on the part of the private sector to address pent-up demand.

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. 

In spite of its reputation as a safe, friendly destination – along with strong links to the diaspora and a wide range of cultural, natural and historical sites – Ghana’s tourism sector has yet to reach its potential, prompting the country to embark on an ambitious strategy aimed at increasing visitor numbers over the next 12 years.

In spite of broader global headwinds, the oil and gas industry in Ghana is targeting a substantial increase in production over the coming years. 

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