A wave of new high-end hotels, supported by a tourism development plan introduced last year, is spearheading Ghana’s efforts to attract a broader range of visitors to the country.
Ghana
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Economic update | Ghana targets tourism expansion
11 Jun 2014
Over recent years, Ghana has been one of the world’s fastest-growing economies, on the back of the emergence of its oil industry and underpinned by its political stability and the strength of its other commodity sectors. While GDP growth is expected to slow this year, the Ghana Investment Promotion Centre (GIPC) is targeting a 20% increase in foreign direct investment (FDI), following a dip in 2013.
Economic update | Ghana looks to keep oil jobs local
31 Mar 2014
The long-awaited implementation of domestic content legislation on February 1 is expected to help improve participation rates by local businesses in Ghana’s oil and gas sector.
Economic update | Ghana’s main port set for expansion
17 Feb 2014
Efforts to boost capacity at Ghana’s largest sea port signal the government’s willingness to invest in transport infrastructure as it looks to keep up with increasing volumes of commodity exports and processed imports.
Economic update | Ghana Year in Review 2013
30 Jan 2014
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.