Ghana

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Over the past few years, with commodity prices spiralling ever higher and minerals like gold reaching record levels, many host governments have felt that they were missing out on potential windfalls from their extractive industries – much needed in an era of global belt-tightening. Amongst conditions of economic uncertainty, the mining sector – on...

How competitive is Ghana for mining investment?

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,...
Ghana enters 2014 still ranking as one of the best-performing economies in the region – and by some measures, the world. While growth may have trimmed a little in 2013 due to international factors, it remains comparatively high, driven by capital flows stimulated largely by the oil sector.
A number of new initiatives, including educational programmes and a specialised support fund for small and medium-sized enterprises (SMEs), have been established to promote the growth and diversification of small businesses in Ghana.
Shopping malls look set to become a key part of Ghana’s landscape as retailers and developers move to meet rising demand, which is being triggered largely by an emerging middle class.

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