As part of a broader trend of increased interest in the continent’s frontier markets – even amidst the potential of a tapering in the US Treasury’s bond-buying programme – Ghana’s profitable banking sector and rapidly expanding economy have attracted an increasing number of foreign investors eager to explore the prospects for growth in the country....
In 2012 Ghana found itself in the spotlight for having among the highest GDP growth rates in the world in 2011, thanks to the impact of oil revenues and the rebasing of the economy. The GDP figures released for 2013 show that growth is continuing at a robust rate – at just under 8% – but headline expansion has not resolved the twin current account...
Africa has had a chequered history, and we have gone down the wrong path several times. Today, all of us recognise that it is necessary for society to progress as a single unit and that we cannot achieve the kind of progress we desire when one section of society lives in absolute wealth while the majority of the people wallow in poverty.
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