Ghana

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As part of a broader strategy to establish Ghana as a leading centre of ICT innovation in sub-Saharan Africa, the government announced the release of a new digital roadmap in May 2019. This new strategy is set to consolidate and build upon increased digitisation of public services, while leveraging the rising use of digital technologies by...

 

Rising living standards, falling unemployment rates and lower inflation point to a turnaround in consumer demand in Ghana in the years ahead. After a slowdown in the uptake of retail space, renewed consumer confidence and increasing purchasing power could provide renewed impetus for the sector’s growth.

 

Ghana’s industrial sector has emerged as a significant driver of growth in recent years as the country leverages its abundant natural resources to diversify the economy and attract investment. Industrial development and import substitution underscore major projects and initiatives throughout the sector, and the government has simultaneously...

 

While cocoa remains the dominant source of agricultural export earnings, a number of other tree crops, including cashew, coffee, coconut, oil palm, mango, rubber and shea nut, have seen promising harvests over the past few years. In an effort to capitalise on this potential to diversify revenue, the administration of President Nana Akufo-Addo...

 

While e-commerce has become well established in more developed markets, the segment has been slower to take off in emerging economies. Online purchasing has been held down in these markets by financing, purchasing and logistics challenges. Nevertheless, online sales are growing rapidly in many developing countries in spite of these obstacles....

 

Small and medium-sized enterprises (SMEs) are the engines of global economic growth and employment, accounting for an average of 33% of GDP and 45% of the workforce in high-income countries, and over 60% of GDP and 70% of employment in developing economies. In the case of the latter, the rise in the number of has been crucial to economic...

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