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.
Ghana
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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.
Economic update | Ghana looks to lift African tourism
20 Jul 2015
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.
Economic update | Ghana to ramp up oil output
15 Jun 2015
In spite of broader global headwinds, the oil and gas industry in Ghana is targeting a substantial increase in production over the coming years.
Several years of rapid hydrocarbons-fuelled growth in Ghana have put increasing pressure on its transport infrastructure, prompting a spate of expansion projects that will increase capacity for bulk and container handling, as well as specialised oilfields services.
A new $918m deal with the IMF should alleviate some of Ghana’s fiscal pressures and help restore investor confidence ahead of a critical bond issue, but further reforms will be needed to balance the budget.